Altiux Innovations, a global innovation and technology services company, announced the opening a new office in Redwood shores, California USA, for its sales and client services team to better support the organization's expansion throughout the U.S. In conjunction with the opening of the North American facility, Altiux has hired senior sales and business development team, with extensive experience in the technology services and Internet Of Things domain.
Estimates by leading market research firms predict the North American IoT and M2M communication market will grow from $27 billion in 2013 to $96.8 billion by 2019. "We are seeing tremendous traction for our IoT Accelerator Tool kit, technology solutions and services among several large semiconductor and OEM companies. We are geared up for aggressive customer acquisition and growth in 2015 and are confident that this will serve as a harbinger for further expansion into the North American Market," said Shyam Vedantam, CEO of Altiux Innovations.
Altiux's Head of Sales, Sudhama Vemuri, commented, "The strength of our North American sales and engineering teams will grow substantially this year, with plans to open new offices in East coast and Mid-west to focus on opportunities related to manufacturing and energy industries."
About Altiux Innovations
Altiux Innovations is a product engineering services company offering services across hardware, embedded, web and mobile technologies. Altiux is focused on M2M, IoT, Smart Devices, Mobility and Engineering Analytics. Altiux was founded in 2013 by senior leaders with several decades of experience in product engineering for Fortune 100 MNCs and start-ups. It is funded by BitChemy Ventures, the technology incubation arm of a $1B group with presence across 10 countries and 8 industry sectors.
For more information about the Altiux Innovations, visit: http://www.altiux.com.