Internet of Things Company ParStream Wins Awards for Innovation and Excellence

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psby Angela Guess

A recent article out of ParStream reports that “its Analytics Platform for IoT has received a 2014 M2M Evolution IoT Excellence Award presented by TMC and Crossfire Media. The 2014 M2M Evolution IoT Excellence Award honors innovative products that support the availability of information being deduced, inferred and directly gathered from sensors, systems and anything else that is supporting better business and personal decisions.” CEO Peter Jensen commented, “ParStream is the industry’s first analytics platform purpose-built for IoT. Our platform is designed to handle the massive size and high-velocity of M2M data, and also enables new, innovative ways of enabling IoT analytics at the edge. ParStream’s customers are generating more value from their IoT use-cases by immediately analyzing real-time data and identifying actionable insights for applications such predictive maintenance, remote diagnostics, and telematics.”

A separate article reports that ParStream “has been selected as the winner of the GABA Startup and Innovation Award for 2015. GABA, the German American Business Association, is a non-profit organization that cultivates international professional business community contribution and networking among German-American and Californian business and tech communities. The annual Startup and Innovation Award identifies companies that have a significant impact on German-American business and exhibit substantial success in market share, revenue, name recognition, and funding. Members of the organization partake in a various business ventures including high-tech and life science firms, bankers, venture capitalists, insurance, government officials, attorneys, and entrepreneurs.”

Read more here.

photo credit: ParStream

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