Greenwave Acquires Predixion: IoT Analytics, Managed Services Converge
Greenwave Systems, which specializes in IoT software and managed services platforms, has acquired Predixion Software, a developer of real-time visual edge analytics software for the Internet of Things, the companies say.
The net result: Greenwave’s AXON Platform will gain visual analytics, enabling real-time data insights across one of the world’s largest connected networks, the company claims. The platform spans about 8 million households and 4 million mobile devices so far. Key adopters include massive service providers like Verizon, Frontier Communications, IBM and E.ON. On the flip-side, Predixion’s established customers include Intel, Wind River, Accenture and GE.
Numerous IT management platform providers are pushing deeper into the IoT and analytics markets. A key example: LogicNow, part of SolarWinds MSP, continues to expand its LogicCards capabilities — a big data platform that will gather and manage more and more IoT data over time.
I’m not suggesting that Greenwave and LogicNow are competing head-on, but the lines between managed services, IoT and analytics are disappearing across the market.
To track mergers and acquisitions across the VAR, MSP and CSP landscape, check out ChannelE2E’s Milestones section.