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InterDigital Receives Frost & Sullivan Global Competitive Strategy Innovation & Leadership Award for IoT Platform

InterDigital’s wot.ioTM offering recognized with best practice award for success in brand strength, driving demand and competitive differentiation in IoT platform market

WILMINGTON, Del., April 18, 2016 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile technology research and development company, today announced that it has received the “2016 Global Internet of Things Platform Competitive Strategy Innovation & Leadership” award from global research and consulting firm Frost & Sullivan for its wot.io data service exchangeTM.

The Frost & Sullivan award is based upon independent analysis of two key factors: “Strategy Innovation,” which includes effectiveness, execution, competitive differentiation, team alignment, and stakeholder integration; and “Customer Impact,” which includes price/performance value, customer purchase experience, customer ownership experience, customer service experience, and brand equity.

InterDigital’s wot.io offering enables interoperability between various IoT devices, platforms, and data services, with the ultimate goal of helping its partners and clients to quickly deploy and develop solutions that can unlock the value of IoT data.

“Extracting actionable insight from the growing volume of data being collected through IoT applications is challenging; enterprises and developers need to be able to tap into the right tool for the right job. InterDigital aims to solve this problem through its wot.io IoT data service exchange, which connects third-party data services to enable its clients to develop flexible and tailored solutions. Its strategic positioning is simple: to reduce the complexity that many enterprise customers face when developing an IoT solution,” said Adrian Drozd, Research Director, Frost & Sullivan. “InterDigital is the worthy recipient of Frost & Sullivan’s 2016 Competitive Strategy Innovation and Leadership Award for the IoT platform market.”

“We’re honored to receive this prestigious award from Frost & Sullivan,” said James Nolan, Executive Vice President, IoT Solutions at InterDigital. “This award exemplifies our commitment to reducing barriers to entry and a keen understanding of the importance that interoperable solutions play in the rapidly evolving and fast-paced IoT market.”

Click here to learn more about the Competitive Strategy Innovation and Leadership award.

About InterDigital®

InterDigital develops mobile technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies. Founded in 1972, InterDigital is listed on NASDAQ and is included in the S&P MidCap 400® index.

InterDigital is a registered trademark of InterDigital, Inc. wot.io and data service exchange are trademarks of InterDigital, Inc.

For more information, visit: www.interdigital.com.

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 almost 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. For more information, visit http://www.frost.com.

InterDigital Contact: Patrick Van de Wille Email: patrick.vandewille@interdigital.com +1 (858) 210-4814

Source:InterDigital, Inc.