Benzinga | Dec 18, 2020 09:34AM EST

Inpixon Announces Inpixon Mapping Contract; Terms Not Disclosed

PALO ALTO, Calif. and TORONTO, Dec. 18, 2020 /PRNewswire/ -- Inpixon (NASDAQ:INPX), the Indoor Intelligence(tm) company, today announced that Inpixon Mapping has been selected as part of a workplace experience solution for a leading medical technology provider, one of the world's largest public companies, to provide intelligent, multi-dimensional digital maps. Inpixon Mapping is currently contracted for deployment throughout the organization's headquarters campus comprised of dozens of buildings covering nearly one million square feet.

Inpixon Mapping will be used to visualize locations throughout the organization's headquarters in a multi-layered digital map and operate in conjunction with additional technologies to support a comprehensive workplace experience application. The solution will offer wayfinding and room-booking capabilities as well as allow management to provide additional workforce productivity features. The application is intended to improve productivity by saving time moving within and between campus buildings with intelligent mobile phone-based Inpixon wayfinding and navigation. The terms of the agreement include both one-time professional services revenue, as well as recurring revenue associated with the mapping platform license.

Nadir Ali, Chief Executive Officer, commented, "We are very pleased to have our Inpixon Mapping platform selected by one of the world's largest medical device companies to provide dynamic digital maps of its sizable headquarters. Our mapping will provide the organization an interactive representation of its large campus that enables indoor and outdoor wayfinding and navigation that leverages business rules, creating real-time indoor intelligence and enhancing the overall employee workplace experience through a user-friendly application.

"Scalable, location-aware applications with indoor maps and related capabilities can be an essential part of a productive workplace experience. Indoor Intelligence provides valuable information for management and can be used in conjunction with our Workplace Readiness solutions to aid in creating a safer environment. We look forward to deploying our indoor mapping technology across this organization's headquarters campus with the goal to expand into additional locations."