Increased Demand for Flexible Enterprise Mobile Apps Drives Pyxis Mobile to Record-Breaking 2010

Pyxis Mobile, a leading mobile application platform provider, today announced record quarterly and 2010 revenues. Fourth quarter 2010 revenues increased more than 90 percent from the final quarter of 2009, to reach its peak in 12 years, while 2010 full-year revenue grew more than 60 percent from 2009. The company attributes much of the ongoing success to the flexibility that the Pyxis Mobile application platform provides and its ability to meet customers’ constantly changing needs. Pyxis Mobile’s momentum continues to rise after winning a record number of recurring license bookings that increased by over 350 percent in Q4 from Q3 2010.
Pyxis Mobile’s mounting success establishes the company as a leading force in the growing mobile application platform market. While this tremendous growth has resulted from a number of factors, it is largely attributed to the company’s unique product offering and newly restructured pricing model:
• Comprehensive and Agile Platform: The company repositioned itself from a point-solution mobile application development company to a provider of the only mobile application development platform designed for today’s constantly changing environment. The configuration-based architecture enables users to make ongoing changes to their apps in real time. Users can easily modify data, integrate new data sources and add functionality to their mobile applications, allowing them to be more responsive to the changing needs of their employees and customers.
• Value-Driven Pricing Model: One of Pyxis Mobile’s most noteworthy changes in 2010 was the adaption to a new CPU-based pricing model that has no limitations on the number of users, applications or mobile device types. This server-based pricing is now more transparent and scalable, allowing companies to create and tailor mobile apps to their high-volume customers and employees without having to pay per user or per application.

“Our new pricing model was implemented in order to remove the constraints of user/application-based pricing,” said Steven Levy, CEO of Pyxis Mobile. “We want our customers to take full advantage of our platform by building as many apps as they want, for as many of their employees or customers as they want. Not only does the CPU-based model maximize the value that our customers get from the platform, but it also enables us to expand down market and offer our platform to a broader range of companies. Since it’s no longer a seven-figure decision to build mobile applications, companies of all sizes can start off small and increase their usage of the mobile application platform as their mobility needs expand.”
With the unmatched agility that the mobile application platform provides and the newly aligned pricing that has made this solution more accessible to the mid-market, the company has reached several noteworthy milestones in 2010. Some highlights include:
• Awards and Recognition: Pyxis Mobile was recognized by several analyst firms and industry publications for its innovative mobile solution.
◦ Received The Wall Street Journal 2010 Technology Innovation Award
◦ Named one of 10 Tech Companies to Watch by Bank Technology News
◦ Placed in Gartner’s Magic Quadrant for Mobile Enterprise Application Platforms
◦ Named a finalist in the Mobile Excellence Awards for Best Delivery Platform and Best Mobile Application for Utility or Business
◦ Named a finalist in the Mashable Awards for Best Mobile Platform
◦ Customer Acquisitions: The shift to providing a comprehensive mobile application development platform has opened the doors to a much wider range of companies looking for a mobile solution. Fortune 500 companies to startups in every industry across the board are now using the Pyxis Mobile application platform. Pyxis Mobile’s extensive customer list includes professional services firms, insurance providers, major universities, manufacturers, healthcare providers, leading analyst firms, financial services companies, state governments and more.

About Pyxis Mobile
With over twelve years of mobile technology experience, Pyxis Mobile’s mobile enterprise application platform is used by companies across the globe to build, deploy and maintain mobile applications in order to increase efficiency, enhance productivity and actively engage with customers. Pyxis Mobile’s best-of-breed App Studio empowers the creation of rich native client applications that fully integrate with the most widely used smart devices including BlackBerry, iPhone, iPad, Android, and Android Tablets from a single configuration without coding. To date, Pyxis Mobile applications are in use at over 2,000 companies, including 6 of the top 15 “Fortune 500”. Pyxis Mobile’s customer list includes such companies as Thomson Reuters, Deloitte, Deutsche Asset Management, First Solar, Northeastern University, Allstate, Blackstone Group, Ameriprise, Manulife, New York Life Investment, Halliburton, Sun Life Financial and more. App Studio was selected as a winner of the 10th annual Wall Street Journal Technology Innovation Awards. For more information, contact Pyxis Mobile at (781) 997-0300 or visit www.pyxismobile.com.

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This release was published on openPR.