BOSTON, Oct. 17, 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 speaking at the Harvard Innovation Lab at Harvard University's Batten Hall, Cambridge, Massachusetts on October 24 at 6pm. In his presentation, "The Business of the Internet of Things," Jones will discuss how the IoT, predicted to generate up to $14.4 trillion 1 in revenue by 2020, has the potential to revolutionize the relationship between people and their world through extreme connectivity. He will cover the business and technical considerations and nuances of building an IoT-connected product. "I'm extremely excited to speak with tomorrow's business leaders about how to take advantage of the IoT opportunity. The Internet of Things is already impacting fields ranging from light industrial and consumer to health and sciences, and we believe it has the potential to be even more transformative than the huge Web and mobile waves before it. The possibilities are limited only by our imaginations," said Jones. For more information about Jones' Harvard Innovation Lab talk, click here. About Harvard Innovation Lab The Harvard Innovation Lab (i-lab) serves as a resource for Harvard University students interested in entrepreneurship and innovation. The programming offered by the i-lab is designed to help students grow their ventures at any stage of development . The i-lab fosters collaboration among Harvard students, faculty, entrepreneurs, and members of the Allston and Greater Boston communities. 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. https://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.