PALO ALTO, Calif. and
TORONTO, Aug. 25, 2020 /PRNewswire/ -- Inpixon (Nasdaq:
INPX), a leading indoor data company that delivers Indoor
Intelligence™ solutions, today announced an agreement with The
CXApp whereby the parties will collaborate and jointly pursue sales
and marketing opportunities around the companies' respective and
complementary digital contact tracing and social distancing
solutions.
Businesses face numerous workplace reentry challenges. While
organizations would ideally like to bring employees back into the
office swiftly, they must balance that desire with concrete
measures that help ensure the health and safety of employees and
visitors. Inpixon and The CXApp can provide businesses
enterprise-specific solutions to address safety within the confines
of their private buildings.
Social Distancing
Inpixon and The CXApp utilize synergistic social distancing
approaches -- unique in methodology but common in objective. The
CXApp's Social Distancing Alerts system is a peer-to-peer approach
that uses the smartphone as both a Bluetooth beacon and a receiver
to deliver real-time notifications via an app to employees when
they are too near one another for a period of time. Inpixon
utilizes Wi-Fi and other radio frequency signals, develops and
reports customer-defined zone health scores to management, and does
not require an app to be installed on the phone. Inpixon reports on
building zone health by evaluating factors such as occupancy level
(e.g., number of devices in a given area) and potential crowding
(e.g., devices per square foot) within a particular zone.
Contact Tracing
By analyzing historical wireless device locations, Inpixon's
Indoor Intelligence platform can provide data to assist officials
and employers in identifying which zones within an employer's
premises a self-identified exposed individual may have traveled
over a specified period of time, how long the individual may have
stayed within a particular zone, and proximity to others within the
same zone. This same tool can also assist organizations in
identifying areas for prioritized cleaning after being notified
that an exposed individual was on premises. The CXApp utilizes its
Social Distancing Alerts to securely log flagged device-to-device
proximities for contact tracing purposes, without using specific
location in the building as a factor. Using the two methodologies
together can provide unique insights unavailable to any single
solution.
"It's important for businesses to leverage their indoor data to
help with social distancing, cleaning routines and contact tracing,
not only for employee safety but also to help enforce compliance
with governmental guidelines or mandates," commented Nadir Ali, CEO of Inpixon. "Both Inpixon and The
CXApp are solution providers within Lenovo's ThinkIoT Back to Work
Solutions ecosystem, and as such, we look forward to working
closely with The CXApp on multiple fronts."
"When it comes to fighting this pandemic, we believe two tools
are better than one," commented Leon
Papkoff, The CXApp CEO and Chief Strategist. "Organizations
can use Inpixon in parallel with The CXApp today to create
visibility and help drive healthy behaviors in the workforce. The
complimentary solutions provide two distinct information sources
that can arm employers with unique capabilities and intelligence
around social distancing and contact tracing to proactively address
workplace safety."
About The CXApp
The CXApp is a mobile solution for digital customer experience
programs across meetings, events, communities and campuses. Serving
as a comprehensive workplace experience solution, the SaaS platform
drives engagement with a mobile-first mindset across workplace
operations through personalized and connected on-site journeys. The
CXApp is the mobile app platform that customers can customize and
deploy across all their locations, buildings and programs, year
after year. The CXApp streamlines all digital touchpoints across
the workplace into one central hub. For more information, please
visit thecxapp.com.
About Inpixon
Inpixon® (Nasdaq: INPX) is the Indoor Intelligence™
company that specializes in capturing, interpreting and giving
context to indoor data so it can be translated into actionable
intelligence. The company's Indoor Intelligence platform ingests
diverse data from IoT, third-party and proprietary sensors designed
to detect and position active cellular, Wi-Fi, UWB and Bluetooth
devices. Paired with a high-performance data analytics engine,
patented algorithms, and advanced mapping technology, Inpixon's
solutions are leveraged by a multitude of industries to do good
with indoor data. This multidisciplinary depiction of indoor data
enables users to increase revenue, decrease costs, and enhance
safety. Inpixon customers can boldly take advantage of location
awareness, analytics, sensor fusion and the Internet of Things
(IoT) to uncover the untold stories of the indoors. For the latest
insights, follow Inpixon on LinkedIn, Twitter, and
visit inpixon.com.
Safe Harbor Statement
All statements in this release that are not based on
historical fact are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995 and the
provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. While management has based any forward-looking statements
included in this release on its current expectations, the
information on which such expectations were based may change. These
forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of risks,
uncertainties and other factors, many of which are outside of the
control of Inpixon and its subsidiaries, which could cause actual
results to materially differ from such statements. Such risks,
uncertainties, and other factors include, but are not limited to,
the fluctuation of economic conditions, the impact of COVID-19 on
Inpixon's results of operations, the performance of management and
employees, the regulatory landscape as it relates to privacy
regulations and their applicability to Inpixon's technology,
Inpixon's ability to maintain compliance with Nasdaq's minimum bid
price requirement and other continued listing requirements,
including during a panel monitoring period ending on February 5, 2021, the ability to obtain
financing, competition, general economic conditions and other
factors that are detailed in Inpixon's periodic and current reports
available for review at sec.gov. Furthermore, Inpixon operates in a
highly competitive and rapidly changing environment where new and
unanticipated risks may arise. Accordingly, investors should not
place any reliance on forward-looking statements as a prediction of
actual results. Inpixon disclaims any intention to, and undertakes
no obligation to, update or revise forward-looking
statements.
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SOURCE Inpixon