Altierre Selected by Alwayson as an Ondemand Company to Watch
Recognized for innovation and disruptive technology for retail industry
San Jose, Calif., May 24, 2013 — Altierre Corp., a provider of ultra low power wireless technology and innovative applications that are transforming retail in over 1000 cities, has been chosen by AlwaysOn as one of the 2013 OnDemand Companies to Watch. Inclusion in the OnDemand Companies to Watch signifies leadership amongst its peers and game-changing approaches and technologies that are expected to disrupt existing markets and entrenched players. Altierre was specially selected by the AlwaysOn editorial team and industry experts based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
Altierre was honored at AlwaysOn’s OnDemand event on May 20th, 2013, at Hewlett-Packard’s Executive Briefing Center in Palo Alto, CA. Altierre Chairman and CEO Sunit Saxena was one of the featured presenters at this two-and-a-half-day executive event that examined how the Internet is disrupting how companies create, store, distribute, analyze, and take advantage of their mission-critical data.
“As we move into a new digital age that’s fueled by robust applications, mobile technology, and always-on performance, on-demand innovations are enhancing almost every sector of the online world. The borders are being pulled down between desktop, TV, tablet, smartphone, and laptop, and the rigorous determination of the companies in the Global Silicon Valley are meeting and exceeding this developing entrepreneurial challenge,” says Tony Perkins, founder and editor of AlwaysOn. “The OnDemand Companies to Watch winners are using the increasingly stable and reliable cloud infrastructure to develop, maintain, and deploy a continuous stream of disruptive technology to every single computer user on the planet.”
The OnDemand Companies to Watch winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month 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 network to millions of wireless signs that can be NFC enabled. With applications including dynamic pricing and promotions, customer interactive mobile communication, e-signage, temperature monitoring and out-of-stock management, Altierre unlocks the promise of Big Data and delivers billions of dollars of value in cost savings, additional revenue opportunities and other important benefits for several of the world’s largest retail chains representing department stores, grocery, drug and convenience stores. Altierre’s digital signs are currently installed and operating nationwide 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.
About Altierre Corp.
Altierre Corp. is a leader in proven technology that delivers the promise of the Internet of Things. Altierre’s thin infrastructure, bi-directional, ultra-low power wireless solutions are already transforming the $12 trillion retail industry with a turnkey platform that allows millions of multi-year battery life wireless devices to seamlessly and securely communicate in large retail stores at the shelf edge or mobile racks, creating numerous, real time touch points with consumers, products and store associates, thus enabling an array of innovative applications. The new era of RF-based applications developed by Altierre offers retail chains unparalleled benefits, from realizing billions of dollars in cost savings and revenue opportunities to enhancing productivity, merchandising and the consumer shopping experience. The technology can easily be scaled into many more verticals including supply chains, manufacturing, automotive, homes, and defense, etc. Incorporated in 2003, Altierre is headquartered in San Jose, Calif. For more information, please visit www.altierre.com.