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TheStreet Open House

LogMeIn's Xively To Address IoT Business Opportunities, Sponsor "Save The Bees" Hackfest At Telecoms Techworld 2013

BOSTON, Nov. 20, 2013 (GLOBE NEWSWIRE) -- Xively, a subsidiary of LogMeIn (Nasdaq:LOGM) and creator of the first public cloud platform for the commercial Internet of Things (IoT), today announced that Chad Jones, Xively's Vice President of Product Strategy, will be a featured speaker at Telecoms Techworld, taking place November 26-27, 2013 at Olympia Central in London, England, and is sponsoring a "Save the Bees" hackfest as part of the conference's two-day M2M Hackfest.

Jones will be on the panel, "Opportunities, Partnerships and Challenges within the IoT and M2M Space," on November 26 at 2:00pm. He will explore how machine-to-machine communication is evolving into extreme connectivity enabled by the Internet of Things, and how operators and enterprises can take advantage of the growing IoT ecosystem to deliver compelling new services and boost revenue.

As part of Xively's "Save the Bees" hackfest, the company is challenging participants to use Xively Cloud Services and connected devices to build a solution for studying the declining bee population and encouraging growth. First-, second- and third-place teams will receive £700, £500 and £300 respectively. The winning team will also receive one year of the Xively starter package for up to 100 devices. 

Telecoms Techworld attendees can see Xively in action at booth #3, and learn how Xively Cloud Services can help telcos, connected product companies and enterprises rapidly and cost-effectively develop innovative solutions and new business models.

Telecoms Tech World brings together leading telco firms, service providers, equipment manufacturers and OTT players to debate and discuss opportunities and challenges facing the telecoms industry. Expert workshops over the two days will provide high-level insights into areas including M2M and Internet of Things strategies, OTT/VAS strategies, dealing with the capacity crunch and opportunities in identity, billings and payments.  

About Xively

Xively provides the first public cloud purpose-built for the commercial Internet of Things (IoT). Xively's Platform as a Service (PaaS) helps companies simplify and accelerate development of a new generation of IoT-connected products  by allowing businesses of all sizes to focus on their innovation, instead of infrastructure, and bring compelling connected offerings to market at significant cost savings. Through the power of Xively's Connected Object Cloud™, solutions can securely and selectively interconnect, creating an exponential effect. A subsidiary of LogMeIn (Nasdaq:LOGM), Xively is headquartered in Boston's Innovation District. xively.com

About LogMeIn , Inc.

LogMeIn (Nasdaq:LOGM) transforms the way people work and live through secure connections to the computers, devices, data, and people that make up their digital world. The company's cloud services free millions of people to work from anywhere, empower IT professionals to securely embrace the modern cloud-centric workplace, give companies new ways to reach and support today's connected customer, and help businesses bring the next generation of connected products to market. 

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