Frost & Sullivan Lauds Gearworks for Growth Strategy Leadership in the U.S. MRM Market Through its appmosphere™ Platform
May 27, 2008 - Palo Alto, Calif. — Based on its recent analysis of the U.S. mobile resource management (MRM) market, Frost & Sullivan presents Gearworks with the 2008 North American Frost & Sullivan Award for MRM Growth Strategy Leadership in recognition of its appmosphere™ platform and the expanded MRM application development environment it has been designed to provide.
Moving MRM from large, proprietary, in-vehicle systems to less expensive, GPS-enabled handsets has intensified potential financial payback and opened the solution category to a wider array of vertical industries. Forward-looking businesses are turning to MRM to establish a competitive advantage in their respective industries. As a key distribution channel, wireless carriers are positioning themselves to reap the MRM benefits of increased ARPU and reduced subscriber churn.
"The North American market for location-enabled MRM will exceed $1.6 billion by 2013 and if properly leveraged, Gearworks' appmosphere platform and wireless carrier relationships can be key drivers as this market continues to unfold," says Frost & Sullivan Senior Industry Analyst Jeanine Sterling.
Building upon the success of its MRM point solution products such as etrace, Gearworks' appmosphere mobile application delivery platform is designed to efficiently deliver on-deck, carrier-billable mobile applications for enterprises and third parties. By using the create, publish and share capabilities of appmosphere, Gearworks is poised to help enterprises and independent software vendors (ISVs) deliver mobilized, location-enabled applications across multiple wireless carriers, mobile devices and operating systems.
The Gearworks value-add does not stop with the development assist. It can also enable these ISVs to deliver their MRM solutions using today's premier MRM channel - the Tier 1 and 2 wireless carriers across North America.
"Any developer that has tried to navigate the thicket of carrier processes, systems and technologies to get on the carrier's deck for distribution can appreciate the time-to-market advantages of leveraging Gearworks' already-established carrier relationships," notes Sterling. "As a result, the Gearworks appmosphere platform is expected to be a potent catalyst for the next stage of MRM market development in the U.S."
In recognition of this achievement, Frost & Sullivan is proud to present Gearworks with the 2008 Award for Growth Strategy Leadership in the North America MRM market. Each year, Frost & Sullivan presents this Award to the company that has exhibited excellence in identifying one or more ways to significantly grow MRM revenues, profitability, and or customer base.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About Gearworks
Gearworks provides the industry's leading carrier-class platform for location-based mobile business applications — appmosphere™. Appmosphere enables wireless carriers to deliver location-based business applications to market faster, software vendors to easily mobilize their applications, and enterprises to cost-effectively deploy custom applications to mobile workers through any wireless carrier on any mobile device. Appmosphere is the technology foundation for Gearworks' industry-leading mobile workforce management applications, including its etrace(R) product and other carrier-branded products. With appmosphere and its applications, the company serves thousands of small- to medium-sized business and enterprise customers across a broad range of industries — including healthcare, field service, home and store delivery, construction, utilities and government services.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership™ empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.awards.frost.com.
Contact:
Stacie Kopecki
210.247.2450
Stacie.kopecki@frost.com