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swXtch.io Launches Industrial Internet of Things Commercial Offering
Wednesday, June 14, 2023

NEW YORK, June 6, 2023 /PRNewswire/ -- swXtch.io LLC, a wholly owned subsidiary of IEX Group, Inc., today announced the launch of its Internet of Things (IOT) commercial offering for cloudSwXtch. This offering will help companies accelerate digital transformations and migrate high-performance workloads to the cloud, which was not previously possible.

cloudSwXtch is an important advancement for the IOT ecosystem as it introduces the ability for users to equip cloud networking stacks with features that are relied on by on-prem workflows. Several top features now accessible with the availability of cloudSwXtch include multicast, high-availability, and Precision Time Protocol (PTP), among others. To illustrate these capabilities, two leading workflows are outlined below, cloud-based audio & video monitoring and virtual test & simulation.

Brent Yates, CEO of swXtch.io, commented on the news, "Cloud computing has been a cornerstone of IOT industry growth, driving new heights in asset and operational performance and opening the door to new business models. With cloudSwXtch, no-code multicast enablement is available to network engineers for the first time on all the major clouds."

Cloud-Based Audio & Video Monitoring

Local and state governments often rely on large, rugged camera networks to monitor thousands of real-time streams for traffic, emergency management, and other services. These networks overwhelmingly originate and distribute multicast streams, which were previously incompatible with existing cloud networks.

cloudSwXtch offers two primary features to support the migration of these video monitoring workflows from on-prem to cloud: the ability to enable multicast traffic distribution from on-prem to edge and cloud environments and the ability to enable bandwidth conservation using the dynamic bridge feature. This feature enables users of cloud-based video monitoring solutions to cycle between all video streams available in the on-premises environment and select specific stream(s) to distribute the cloud, on-demand. For example, instead of sending all streams to the cloud, an emergency manager can select a specific traffic camera video feed to pull up for viewing.

Virtual Test & Simulation in the Cloud

Across industries, companies rely on purpose-built, on-prem 'test & simulation' platforms to virtually commission assets and controls, to train operators under real-world scenarios, and to drive process performance or product design improvements. A common theme is that each test and simulation environment strives to recreate physical parameters in a virtual environment and subject them to a variety of scenarios or conditions. This has driven much of the market to a virtual machine (VM) or cloud-based approach, for more attractive scale, speed, and consistency.

Many test & simulation platforms work in the cloud today - but a segment that utilizes on-prem platforms designed for multicast and broadcast protocol traffic faces major migration hurdles. By unlocking multicast and broadcast capabilities in the cloud, cloudSwXtch enables access to cloud-based virtual simulation environments.

Yates continued, "cloudSwXtch has been a revelation for companies looking to migrate to the cloud and take advantage of the benefits it offers. Many of our customers do not realize they have an issue until their attempted migration to the cloud is well underway. We are proud to provide a solution that simply and efficiently meets our clients' needs and advances the potential of IOT applications around the world."

cloudSwXtch is available through the Microsoft Azure and Amazon Web Services marketplaces and is also certified for deployment in Google Cloud. The company plans to add support for additional cloud platforms later this year, including Oracle Cloud Infrastructure.

Please visit www.swxtch.io for more information or read our blog on enabling IoT cloud migrations.

About swXtch.io

swXtch.io LLC ("swXtch.io") brings advanced capabilities to traditional cloud networking environments that have the potential to revolutionize cloud networking through its innovative multicasting solution, cloudSwXtch. cloudSwXtch is a revolutionary product enabling missing network features, like multicast - a method for delivering high-bandwidth data to millions of users at once, in the cloud the way customers need and expect. cloudSwXtch brings this crucial missing feature to the cloud that is essential for industries like financial services, IOT, and media & entertainment to create reliable, high-performance systems. swXtch.io is a wholly owned subsidiary of IEX Group, Inc. Learn more at swxtch.io.

About IEX Group, Inc

IEX Group, Inc. ("IEX") is dedicated to providing access and improving performance across industries, via our portfolio of Exchange, Digital Assets and Technology businesses. Founded in 2012, IEX launched a new kind of securities exchange in 2016 that combines a transparent business model with innovative design to better protect investors and level the playing field. Today, we're applying our experience and proprietary technology to remove barriers, unlock scale, and help people seize new opportunities for growth in a variety of industries. Learn more about IEX at iex.io.

Media Contact
M Group Strategic Communications (for IEX)
iex@mgroupsc.com

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SOURCE IEX Group Inc



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