Company Roundup: WorkWave, Real-Time Technology Group, Vonage and Vidyo
WorkWave: WorkWave (Neptune) will host its third annual “WorkWave Hackathon” on Sept. 12, at Monmouth University’s Howard Hall, in West Long Branch. The Hackathon, cosponsored by the Monmouth University School of Science, will pit teams of software developers against each other in a competition to create a fully functional application that assists visually impaired, deaf or hard of hearing or disabled citizens in completing everyday tasks. There is a prize of $1,000 for the winning team and other prizes for the runners-up. Registration information can be found here.
Real Time Technology Group: Flemington-based Real-Time Technology Group (RTTG), a provider of secure, hosted-identity and risk-management Software-as-a-Service solutions, said that the Department of Homeland Security had awarded the company’s Real-Time Verification technology with a SAFETY Act designation. This designation program was established to reward the invention and commercialization of anti-terrorism technologies.
RTTG’s Real-Time Verification technology received a SAFETY Act designation as a “qualified anti-terrorism technology” following a rigorous review and evaluation process, the company said in a release. The software is designed to assist risk managers in evaluating and ensuring employee and contractor compliance with local safety and security procedures. It provides comprehensive personnel assurance through the secure collection and audited need-to-know sharing of sensitive personal information.
Vonage: Vonage Holdings Corp. (Holmdel), a provider of cloud communications services for businesses and consumers, said that it had completed the acquisition of iCore Networks (McLean, Va.), a provider of Unified Communications-as-a-Service (UCaaS) for businesses.
“We are excited to complete the iCore acquisition, which represents another important step in the execution of our growth strategy and further positions Vonage as a leader in the UCaaS market,” said Alan Masarek, Vonage CEO, in a press release. He added that “iCore is a natural complement to Vonage’s rapidly growing UCaaS business and strengthens the company’s national footprint; iCore is particularly successful in serving mid-market and enterprise customers, with more than 60% of its revenue derived from customers with 100 or more seats.”
Vidyo: Vidyo, the cloud-based visual communications tech firm based in Hackensack, had a busy summer. In June, the company announced two new customers. The first was GENBAND (Holmdel), which selected Vidyo as the underlying technology for a multiparty video conferencing solution for smart offices.
The second was Stampede (Amherst, N.Y.). Also in June, at the trade show InfoComm, Stampede introduced an integrated solution using Vidyo software aimed at professional audiovisual solution providers who sell to drone operators in the government sector. Explained Stampede President and COO Kevin Kelly, “Drones connected to Vidyo endpoint software will now be able to feed live images into a video conference, providing up-to-the minute video content for participants who need real-time information during a fast changing event or situation.”
In July, Vidyo was recognized as a leader in the Gartner Magic Quadrant for Group Video Systems. In late August, the company announced that it was partnering with Verint Systems, integrating the VidyoWorks platform into the Verint Engagement Management solution. This will enable video interactions between customers and service employees.
Vidyo also noted that its technology was being included in a study by the University of Colorado and the Children’s Hospital Colorado that focuses on young adult patients with type 1 diabetes. During the study, the technology will be used to conduct secure virtual one-on-one visits between physicians and patients, as well as group clinic meetings. The participants will be able to “dial in” using their own devices, such as smartphones.
