Cambridge, ON, Canada (January 26, 2016) – LogiSense Corporation, a leading global provider of usage rating, mediation and billing solutions to Machine-to-Machine and the Internet of Things (M2M/IoT), telecommunications, unified communications and enterprise service providers, is proud to announce that Numerex Corp (NASDAQ:NMRX) has selected LogiSense’s EngageIP Usage Rating and Billing Platform to help improve performance, simplify operations and support new connected business models.
Numerex technology encompasses a broad spectrum of the IoT ecosystem and delivers managed solutions for enterprise users which derive added value through device, network, application and platform enablement. Numerex’s industry leading solutions combine over 20 years of expertise and experience through a modular, end-to-end platform infrastructure, and are already market proven with pre-packaged, hosted IoT vertical solutions that are being rapidly deployed by thousands of enterprises.
Numerex leverages the EngageIP Usage Rating and Billing service via the LogiSense hosted cloud. Numerex uses EngageIP to manage its IoT and M2M solutions. These solutions combine application services, connectivity and device management platform services, communications services, and even devices provided as part of an overall managed service. Using the cloud-based LogiSense environment, Numerex internal resources are freed up from system management responsibilities, allowing them to focus on the business critical tasks of building and delivering managed services solutions to their 2 million+ IoT/ M2M subscriptions.
At Numerex, we leverage the LogiSense system for some key billing and BSS functions in our managed solution service offerings. This enables our business to become more agile and increases our speed to market to roll out innovative offerings and adapt to the explosive growth in the IoT/M2M ecosystem. The end-to-end converged billing capabilities of the LogiSense EngageIP platform give us operational efficiencies that accelerate the business results we desire.
LogiSense is extremely pleased to support Numerex as they grow in the M2M/IoT marketplace. The ability to scale and monetize in the rapidly growing M2M and IoT market segments depends on a Service Provider being prepared with the right back-office support systems. The EngageIP usage rating and billing platform was designed for this type of high growth emerging technology marketplace.
LogiSense's EngageIP Usage Rating and Billing is an award-winning platform that boasts field-proven scale, features, functionality, and performance to address every aspect of network requirements - from usage rating, mediation and billing to customer self-care. A real-time solution that supports complex M2M value chains, EngageIP is able to handle a large variety of M2M services and huge volumes of devices at a low total cost of ownership. It transforms clients' business practices by empowering rapid turn-up of new services, enabling innovation and new revenue streams thus ensuring longevity and relevance in a rapidly evolving market.
Learn how Numerex benefited from the agility of the LogiSense system in the complete case study, Creating an Agile Environment to Drive Growth in the IoT, now available for download on the LogiSense website.
About LogiSense Corporation
LogiSense provides licensed and Software-as-a-Service (SaaS) usage rating, mediation and billing solutions for machine-to-machine (M2M), telecommunications, unified communications and enterprise service providers. LogiSense’s carrier-grade solutions are built on its proprietary, real-time usage rating and billing platform, EngageIP. LogiSense designed EngageIP from the ground-up to be service, medium and provider agnostic, allowing it to grow with customers as they evolve their business operations and end user offerings. EngageIP provides the flexibility and scalability to address the service, billing and back-office realities facing today’s rapidly-evolving communications service providers. Founded in 1998, LogiSense currently serves more than 40 customers in six countries. Information about LogiSense can be found at: www.logisense.com, or Twitter: @LogiSense.
About Numerex Corp.
Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating efficiencies for its customers. Numerex provides its technology and services through its integrated platforms, which are generally sold on a subscription basis. The Company offers a portfolio of managed end-to-end IoT solutions including smart devices, network connectivity and service applications capable of addressing the needs of a wide spectrum of vertical markets and industrial customers. The Company's mission is to empower enterprise operations with world-class, managed IoT solutions that are simple, innovative, scalable, and secure. Numerex is ISO 27001 information security-certified, highlighting the Company's focus on data security, service reliability and around-the-clock support of its customers. For additional information, please visit www.numerex.com.