RACO Wireless Named M2M Entrepreneurial Company of the Year by Frost & Sullivan
February 7, 2012
RACO Wireless receives
North American award for its success in realizing its vision of
becoming the best M2M service provider
CINCINNATI, Ohio - February 7, 2012 - RACO
Wireless, a preferred machine-to-machine (M2M)
partner for
T-Mobile USA, Inc., today revealed that it has been awarded
Frost & Sullivan's "2012 Entrepreneurial Company of the Year
Award" in the North American M2M communications market.
Frost & Sullivan recognized RACO Wireless as a
visionary company that has made it much easier for solution
providers to deploy M2M applications. The growth partnership
company measured RACO Wireless' performance using these
criteria: growth strategy excellence, growth implementation
excellence, degree of innovation with products and technologies,
leadership in customer value, and speed of response to market
needs.
Frost & Sullivan noted that the company's speed of execution
serves as a clear differentiator from other market participants -
and clearly helped contribute to RACO Wireless' 300 percent
growth in M2M connections in 2011.
For instance, Frost & Sullivan analysts point out
that RACO Wireless:
- "can literally get customers up and running in a matter of a
few hours;"
- "works closely with customers to customize pricing around their
unique business models;"
- "has already planned for future deployments by having the
ability to scale up to 10 times from its present capacity without
modifying its systems;"
- "has a dedicated support staff available to help customers
navigate the inherent complexities of the M2M space.
"RACO Wireless has set the bar for customer value in the North
American M2M communications market. Frost & Sullivan
attributes RACO Wireless' exceptional performance to a robust
product portfolio, strong service and support capabilities, and the
overall strategic acumen of its leadership team who is dedicated to
speed of execution," said Frost & Sullivan Global
Research Director Brent Iadarola. "The company continues to grow by
providing 'complete' M2M solutions that go beyond simply
providing the connectivity services for M2M. This is just one
reason the company has emerged as a preferred provider of
end-to-end M2M solutions in North America."
"This award recognizes RACO Wireless' unique vision and
approach to the M2M marketplace," said John Horn, president
of RACO Wireless. "Frost & Sullivan's research clearly
demonstrates what our M2M solutions partners already know: the
combination of RACO Wireless' unique tools, our relationship
with T-Mobile and our highly qualified team - which has more than
200 years of collective industry experience - give our solution
partners an unbeatable roadmap for M2M success."
RACO Wireless specializes in providing wireless
connectivity for M2M applications via T-Mobile's network. RACO
Wireless makes it easy for companies to build, support and enhance
wireless M2M applications thanks to its unique, streamlined
approach to delivering customized M2M connectivity solutions.
In fact, RACO Wireless can assemble a flexible,
end-to-end M2M wireless connectivity solution for its partners
- including delivering custom rate plans, tailored billing
solutions and customized wireless connectivity as well as helping
them with branding their M2M applications - within just hours
or days.
Frost & Sullivan expects mobile computing devices, such as
connected laptops, netbooks, tablets, and MiFi, to increase to 50
million units by 2017 in the United States, while total
cellular M2M connections are expected to increase from
approximately 24 million in 2010 to more than 75 million over the
same period.
About RACO Wireless
RACO Wireless (www.racowireless.com), a
subsidiary of RACO Industries in Cincinnati, OH, and a
T-Mobile partner for 10 years, is a leading provider of wireless
data solutions to the machine-to-machine industry specializing in
delivering wireless data your way, with a data solution portfolio
based on innovation, flexibility, and reliability.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables
clients to accelerate growth and achieve best-in-class positions in
growth, innovation and leadership. The company's Growth Partnership
Service provides the CEO and the CEO's Growth Team with disciplined
research and best-practice models to drive the generation,
evaluation and implementation of powerful growth strategies. Frost
& Sullivan leverages 50 years of experience in partnering with
Global 1000 companies, emerging businesses and the investment
community from more than 40 offices on six continents. To join our
Growth Partnership, please visit http://www.frost.com.
