LogMeIn Launches Xively, New Public Cloud for Commercial Internet of Things
Purpose-Built IoT Platform as a Service Helps Accelerate Time-to-Market,
Reduce Costs for Commercial IoT Products
BOSTON, May 14, 2013 (GLOBE NEWSWIRE) -- The Innovation District -- LogMeIn,
Inc. (Nasdaq:LOGM), today announced it has launched Xively Cloud Services^TM,
the industry's first public cloud platform purpose-built for developing and
managing commercial products on the Internet of Things. The new offering --
formerly known as Cosm in its beta form – is designed to help companies
simplify the development of a new generation of connected products that can be
quickly deployed on the IoT, easily interact with other connected offerings,
and effortlessly scale to billions of devices. As a result, businesses and
entrepreneurs can focus on their innovations while significantly reducing the
resources, costs and time required to bring new connected offerings to market.
The Xively launch coincides with the announcement that LogMeIn and ARM are
collaborating to spur creation of commercial IoT products with the Xively
Jumpstart Kit, released today.
"We're seeing tremendous interest in the Internet of Things from businesses
across the board. While there are virtually unlimited ideas for connected
products, the one thing they all have in common is the need for a secure,
reliable infrastructure that enables interconnectivity and scale. Building
this infrastructure would not only be difficult, expensive and time-consuming
for businesses, it would also distract them from their main purpose—creating
compelling connected products. This presents a great opportunity for vendors
that can offer such a proven IoT infrastructure," said Sam Lucero, Senior
Principal Analyst, M2M and Connected Devices at IHS.
The IoT market, which is predicted to generate between $1.2 trillion^1 and
$14.4 trillion^2 in revenue and represent over one trillion connected objects
by 2020^3, has captured the imagination of businesses and consumers around the
"We believe that the Internet of Things has the potential to be even more
transformative than the Web and mobile Internet before it. And the goal of
Xively is to change how businesses view and potentially capitalize on the IoT
opportunity – in short, to make the promise of the IoT a near-term reality,"
said Michael Simon, CEO of LogMeIn. "Whether you're an entrepreneur trying to
build the next Nest-like device, an established manufacturer looking to
differentiate through connected experiences, or a service provider looking to
bring new connected services to market, Xively is designed to reduce the
friction and accelerate time-to-market for companies of all sizes."
A commercial IoT platform-as-a-service (PaaS), Xively is based on – and
extends the capabilities of -- LogMeIn's proven Gravity Cloud platform, the
secure, highly scalable cloud environment that underpins LogMeIn's popular
SaaS offerings, and connects hundreds of millions of devices and supports tens
of millions of users in 240 countries. This first-of-its-kind commercial
service simplifies and accelerates the interconnection of applications,
devices, data, and places on the IoT with users through meaningful
Xively Cloud Services speeds IoT-based innovations by offering:
*An open, Platform as a Service that provides real-time messaging,
directory services and data services, including a times-series database
and analytics, all of which are accessible through a standards-based API
that supports dozens of languages.
*A frictionless developer experience that simplifies complex technologies
through an intuitive Developer Workbench, Developer Center, libraries that
support hundreds of platforms, millions of gateways and billions of
devices, and highly scalable provisioning and management capabilities that
can support one to one billion devices.
*Granular and secure sharing combined with directory services that provide
the ability to selectively share device data and control.This enables a
commons called the Xively Connected Object Cloud™, which allows selective
interconnection of a business' devices with third-party devices, into an
exponentially capable solution and experience.
*A simple "Pay as You Grow" pricing model that dramatically lowers the
barrier to entry for innovators and established brands alike.
*A fundamental philosophy written into the Terms of Service that specifies
customers own their data and can choose whether or not to share all, part,
or none of it.
Availability and pricing:
Xively is available immediately with full pricing options available on the
About LogMeIn, Inc.
LogMeIn (Nasdaq:LOGM) transforms the way people work and live through secure
connections to the computers, devices, data, and people that make up their
digital world. The company's cloud services free millions of people to work
from anywhere, empower IT professionals to securely embrace the modern
cloud-centric workplace, give companies new ways to reach and support today's
connected customer, and help businesses bring the next generation of connected
products to market.
LogMeIn is headquartered in Boston's Innovation District with offices in
Australia, Hungary, India, Ireland, the Netherlands, and the UK.
LogMeIn, Xively and Xively Cloud Services are trademarks of LogMeIn in the
U.S. and other countries. ARM and mbed are trademarks of ARM Holdings plc in
the U.S. and other countries. Nest is a trademark of Nest Labs in the U.S. and
^1 "The Connected Life: A USD4.5 trillion global impact in 2020,"Machina
Research, February 2012
^2 "Embracing the Internet of Everything to Capture Your Share of $14.4
^3 "What the Internet of Things (IoT) Needs to Become a Reality," ARM Inc. and
Freescale Semiconductor Inc., September 2012
CONTACT: Craig VerColen
LogMeIn, Inc. Logo
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