Altierre Selected by Alwayson as One of the GLOBAL 250 Companies to Watch
Recognized for creating new opportunities in the Global Silicon Valley
San Jose, Calif., July 22, 2013 — Altierre Corp., a provider of ultra low power wireless technology and innovative applications that are transforming retail in over 1000 cities, today announced that it has been chosen by AlwaysOn as one of the Global 250 Companies to Watch. Altierre was previously chosen as a top Company to Watch in the US. And now, inclusion in the AlwaysOn Global 250 Companies to Watch signifies leadership amongst its peers worldwide for game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Altierre was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
Altierre and the AlwaysOn Global 250 Companies to Watch will be honored at AlwaysOn’s tenth annual Innovation Summit at the Computer History Museum on July 23rd, 2013. This two-day executive gathering highlights the significant economic, political, and commercial trends — and identifies the most promising entrepreneurial opportunities and investments — in the global tech industry.
“A mature mobile marketplace, coupled with reliability and stability in the cloud, is bringing innovation and opportunity to the Global Silicon Valley. New ideas and innovations are continuing to expand, with applications appearing and becoming indispensible almost overnight. Both business and consumer users are swiftly adapting to the new digital age, demanding fast response, nimble apps, and reliable infrastructure. This year’s up-and-comers are quickly moving into prosperity and finding an audience with an insatiable appetite for what they have to offer,” says Tony Perkins, founder and editor of AlwaysOn. “The technology marketplace is being bolstered by the companies that made this year’s AlwaysOn Global 250 Companies to Watch list. We congratulate these companies, which we believe represent some of the highest-growth opportunities in today’s private company marketplace around the world.”
The AlwaysOn Global 250 winners were selected from among hundreds of other technology companies around the world which were nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous selection process to finalize the 2013 list.
While the promise of Big Data is compelling, the challenges of managing Big Data and delivering On Demand solutions and real business value are daunting. Altierre’s proven solutions are revolutionizing the $12 trillion retail industry by harnessing billions of bytes of Big Data from HQ and delivering actionable intelligence via Altierre’s ultra-low power, bi-directional network to millions of wireless signs, shelf tags and sensors. These can optionally be enabled for consumer interaction by various means. Applications include dynamic pricing and promotions, customer interactive mobile communication, e-signage, temperature monitoring and Out-of-stock management. These unlock the promise of Big Data by delivering billions of dollars of margin and revenue improvement and other benefits for the world’s retail chains, department stores, grocery, drug and convenience stores. Altierre’s digital signs and tags are currently installed and operating nationwide in the USA in over 1,000 U.S. cities as well as several hypermarket stores across France operated by E.Leclerc, one of Europe’s leading retail chains.
“Altierre’s ultra-low power wireless devices running on watch batteries can be left unattended for years and can be attached anywhere, which enables the true Internet of Things. This machine-to-machine (M2M) communications creates intelligent systems that seamlessly interconnect to enable real time intelligence and actionable decisions, potentially benefitting more than half of the estimated $160 Trillion Global Economy by 2025. Our devices can be woven into the fabric of everyday life at home and every process of industry — including retail, manufacturing, healthcare, transportation, energy and defense applications,” says Altierre Chairman and CEO Sunit Saxena.
About Altierre Corp.
Altierre Corp. is a leader in proven technology that delivers the promise of the Internet of Things. It’s thin infrastructure, bi-directional, ultra-low power wireless solutions are already transforming the $12 trillion retail industry by enabling an array of innovative applications. Altierre’s turnkey platform allows millions of multi-year battery life wireless devices to seamlessly and securely communicate with HQ, in large retail stores at the shelf edge or mobile racks, creating numerous, real time touch points with consumers, products and store associates. The new era of RF-based applications developed by Altierre offers retail chains unparalleled benefits, from realizing billions of dollars in margin and revenue improvement opportunities to enhancing store productivity and improving the consumer shopping experience. The technology can easily be scaled into many more markets including manufacturing, healthcare, transportation, energy, defense and the home market. Incorporated in 2003, Altierre is headquartered in San Jose, Calif. For more information, please visitwww.altierre.com.
AlwaysOn is the leading business media brand connecting and informing the entrepreneurial community in the Global Silicon Valley. Founded by Red Herring founding editor, Tony Perkins in 2003, AlwaysOn’s mission is to continue to lead the industry by empowering its readers, event participants, sponsors, bloggers, and advertisers like no other media brand.