Integrated Services Platforms Key to Growth Acceleration.
Numerex Corp, a leading provider of on-demand and interactive machine-to-machine (M2M) enterprise solutions, announced today that it had recently reached a significant industry milestone, supporting over 2 million M2M subscriptions in a variety of vertical markets, reflecting growth of over 30 percent.
A growing number of organizations in North America and abroad recognize the quality and effectiveness of the products and services offered by the Company in support of their solutions. The Company’s single source, fully integrated ‘service as a platform’ approach to enabling M2M solutions has been embraced by businesses that cover over 50 vertical and sub-vertical markets. This growth correlates well with recent industry trends highlighting the potential and rapid pace of M2M adoption.
Stratton J. Nicolaides , chairperson and CEO of Numerex, said:
“While it took us several years to reach the 1 million subscription mark, we have doubled our base in about two years, mostly organically.”
“The strategic direction of the Company will continue to be centered on on-demand, interactive services and customer care. Our robust, feature rich platforms are fully integrated and designed to support M2M vertical specialization for both customized solutions to enterprise and turnkey solutions for distribution.“
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