Company Website:
https://www.moduslink.com/
WALTHAM, Mass. -- (Business Wire)
ModusLink Corporation, a wholly owned subsidiary ofModusLinkGlobal Solutions Inc. (NASDAQ: MLNK) and a leading global
provider of digital and physical supply chain solutions, today announced
that Gartner, Inc. included ModusLink in its Competitive
Landscape: License and Entitlement Management for 'Things' in IoT
report. Gartner, a leading provider of research and analysis in the
global information technology industry, has listed ModusLink as a
Competitive Profile.
Gartner predicts that, “by 2020, the Internet of Things (IoT) will
connect more than 30 billion connected devices, which will result in a
20 percent increase in potential revenue generated from manufacturers
running software on smart "things" in IoT.” To stay competitive and
maximize on the opportunity for increased revenue, manufacturers must
identify ways to embed software into their hardware offerings, adopting
license and entitlement management systems to fully monetize the IoT.
ModusLink’s Poetic™
system has emerged as a solution capable of rapidly addressing
manufacturers’ entitlement management needs.
ModusLink’s Poetic modular platform is available both in the cloud or
on-premises. It provides software publishers, channel providers and end
users a single, centralized portal for the control, use and monetization
of software and services, as well as IoT system visibility and
monitoring. Supporting the complete entitlement management life cycle,
the Poetic platform collects service and usage data to identify
upgrades, as well as subscription and renewal opportunities for
perpetual, term, trial, maintenance and support licenses and
entitlements. Built to connect with existing infrastructure and
integrate with critical systems, including ERP, CRM, inventory
management and fulfillment, the Poetic system plays an integral role in
expediting licensing roll-outs.
“We believe our inclusion in Gartner’s report, combined with Gartner’s
outlook on rapid digitization in the market, validates our growing
commitment to delivering end-to-end digital supply chain capabilities,”
said Hans Veenendaal, Chief Commercial Officer, ModusLink. “As
manufacturers quickly seek opportunities to monetize the Internet of
Things, the focus shifts from the device itself to the software
controlling it. Our Poetic platform empowers customers to rapidly
leverage an out-of-the-box solution that provides visibility into, and
control over, licensing programs and related Internet of Things data.”
In the coming weeks, ModusLink will debut a series of service
enhancements and expansions across its eBusiness group as the company
develops a comprehensive digital supply chain offering to complement its
expertise in the physical supply chain. To learn more about ModusLink,
please visit www.moduslink.com.
Source: Gartner, “Competitive Landscape: License and Entitlement
Management for ‘Things’ in IoT,” Laurie F. Wurster, JP Corriveau, 19
September 2017.
Gartner does not endorse any vendor, product or service depicted in
its research publications, and does not advise technology users to
select only those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner's
research organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with respect to
this research, including any warranties of merchantability or fitness
for a particular purpose.
About ModusLink Global Solutions
ModusLink Global Solutions, Inc. (NASDAQ: MLNK) is a leading global
provider of digital and physical supply chain solutions. The Company
helps its clients drive growth, lower costs and improve profitability,
while simultaneously enhancing the customer experience. With operations
supported by 21 sites across North America, Europe, and the Asia-Pacific
region, ModusLink partners with the world’s leading brands across a
diverse range of industries, including consumer electronics,
telecommunications, computing and storage, software and content,
consumer packaged goods, medical devices, retail and luxury, connected
devices, and wearables among others. Our solutions and services are
designed to help global brands and companies expand their share, across
geographies and channels, while continuously improving their end-to-end
supply chains. For further details on ModusLink’s solutions visit www.moduslink.com,
read the Company’s blog
for supply chain professionals, and follow us on LinkedIn,
Twitter,
Facebook
and YouTube.
This release contains forward-looking statements, which address a
variety of subjects including, for example statements regarding supply
chain solutions. All statements other than statements of historical fact
are forward-looking statements. The following important factors and
uncertainties, among others, could cause actual results to differ
materially from those described in these forward-looking statements:
ModusLink's success, including its ability to reach its revenue, sales
and profitability goals depends on its ability to execute on its
business strategy as well as the continued and increased demand for and
market acceptance of its services; global economic conditions,
especially in the technology sector are uncertain and subject to
volatility; demand for ModusLink’s clients' products may decline or may
not achieve the levels anticipated by ModusLink’s clients; and increased
competition and technological changes in the markets in which ModusLink
competes. For a detailed discussion of cautionary statements that may
affect ModusLink's future results of operations and financial results,
please refer to ModusLink's filings with the Securities and Exchange
Commission, including ModusLink's most recent Annual Report on Form 10-K
and Quarterly Reports on Form 10-Q. Forward-looking statements represent
management's current expectations and are inherently uncertain.
ModusLink does not undertake any obligation to update forward-looking
statements made by the company.
ModusLink, the ModusLink logo, Poetic, and ModusLink Global Solutions
are trademarks of ModusLink Corporation.All other company names
and product names may be trademarks of their respective owners.
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Contacts:
for ModusLink
Katelyn Holbrook, +1-617-426-2222
moduslink@v2comms.com
Source: ModusLink Corporation
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