xG Technology has been recognized by market intelligence firm ABI Research as one of the most innovative companies operating in today’s global markets. In its new white paper, ABI selected xG as one of 118 Hot Tech Innovators—small, nimble, innovative start-ups that can completely change the “marketecture” in a matter of a few short years.
xG was recognized for its commercialization of the xMax private mobile broadband system. ABI noted that xG is “Important to Watch” because of the ability of the xMax solution to leverage commercial off-the-shelf smartphones, laptops, and tablets for savings in infrastructure, maintenance, and operational costs. ABI predicted that the likely outcome and progress to be expected this year from xG will be deployments announced for either critical infrastructure, emergency, or public safety.
“If you are working for a company sitting comfortably in the bird seat of any tech market, these are the companies you need to have on your radar,” said Stuart Carlaw, Chief Research Officer, ABI Research. “The companies featured in this white paper represent not only the most forceful potential disruptors for tech markets but also the hottest acquisition targets around. They all share a common DNA: they are young, they are aggressive, they are nimble, their technology solution fills a needs-gap, and they are on the cusp of imminent breakout.”
George Schmitt, CEO and Executive Chairman of the Board of xG Technology, said, “We are honored to be acknowledged as a top technology innovator by ABI Research, one of the leading technology market intelligence forms in the world. This recognition underscores that our strategy of providing secure, resilient, interoperable, rapidly-deployable broadband wireless solutions is one that is not only built on an impressive technological foundation, but also has wide real-world applicability in markets including rural broadband, defense, emergency response/public safety, utilities and critical infrastructure.”
The full ABI Research report, which can be downloaded at this link, features a summary of xG, why it is important to watch and their prediction for xG in 2015.