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LogMeIn Jumpstarts the IoT Journey with the Introduction of the Xively ProductLauncher

Sep 20, 2016

New interactive design tool comes with 300 ready-made product templates to make building an IoT business quick and easy

BOSTON, Sept. 20, 2016 (GLOBE NEWSWIRE) -- Xively by LogMeIn, Inc. (NASDAQ:LOGM) today introduced the Xively ProductLauncher, an interactive design tool to help nearly anyone, even those with limited technical expertise, quickly and easily create a virtual connected product and business. Building upon Xively’s “No DIY IoT” mission, the Xively ProductLauncher allows companies to model their IoT project before investing significant time and resources on developing custom software and a physical product. As a result, anyone can turn an IoT product idea into a virtual connected business that manages and automates IoT data, all in a matter of clicks.  With the ability to move projects forward instantly, companies may be able to dramatically reduce the cost and time to market typically felt with IoT projects.

Powered by the full enterprise Xively platform and offering more than 300 connected product templates across industries, including smart home, commercial, industrial and healthcare, the Xively ProductLauncher allows you to:

  • Create a Connected Product and Data Model: A company can pick from hundreds of Xively’s connected product templates with different data feeds or can upload their own product idea and can customize the feeds for their specific use case.
     
  • Create an End-User App: A company can see how an app can transform the way product data is visualized and how a user controls various aspects of a connected product.
     
  • Make Data Actionable: Set rules for the connected product based on the data being generated to help provide new revenue streams, better support or automate the service of the product – all through simple drop-down options.

Also today, Xively by LogMeIn is adding new pricing models including a prix-fixe package that offers a set cost and timeline for getting a product connected and launched, and helps avoid uncertain development delays and cost surges that tend to plague DIY projects.

“Most companies are still approaching IoT as a technology challenge rather than a business opportunity and IoT solutions today are catering to that model leaving the business stakeholders out in the cold,” said Paddy Srinivasan, General Manager and Vice President, Xively by LogMeIn. “The Xively ProductLauncher is changing the game by enabling effectively anyone to rapidly conceptualize, customize and deliver a connected product that adds value to both their business and their customers in a matter of months.”

Additional Resources:

About LogMeIn, Inc.
LogMeIn, Inc. (NASDAQ:LOGM) simplifies how people connect to each other and the world around them. With millions of users worldwide, our cloud-based solutions make it possible for people and companies to connect and engage with their workplace, colleagues, customers and products anywhere, anytime. LogMeIn is headquartered in Boston with offices in Bangalore, Budapest, Dublin, London, San Francisco and Sydney.

LogMeIn and Xively are trademarks of LogMeIn in the U.S. and other countries.

Contact:
Alison Parker
Alison.parker@logmein.com
781.850.1261

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Source: LogMeIn, Inc.
NASDAQ:LOGM
Price 119.15 +0.20 +0.17% Volume: 338,743 Oct 20, 2017 PM ET Pricing delayed 20 minutes> More

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Investor Contact

Rob Bradley
Vice President of Investor Relations
Phone: (781) 897-0694

InvestorRelations@LogMeIn.com