Markets Wired

CHICAGO, Oct. 9, 2019 /PRNewswire/ — Geofencing software solutions are used to generate a virtual boundary around fixed or moving objects. These solutions are leveraged to track devices, individuals, or other assets. ‘Geofenced’ assets can also be monitored, tracked, or detected if the preset boundary is violated. Geofencing tools create virtual boundaries by using GPS, RFID, and Wi-Fi technology.

On the 360Quadrants platform, GPSWOX, Bluedot Innovation, and Thumbvista are recognized as Visionary Leaders in the Geofencing Solutions space. Companies that fall in this category have an established product portfolio and a powerful market presence.

GPSWOX is a provider of security products for children and vehicles. Its trackers come with integrated batteries that can hold a charge for up to a few months. These trackers use SIM cards to connect to a GPS network and can be disguised or concealed easily.

Bluedot is the developer of advanced solutions that are used by clients to reach their target audiences by leveraging demographic data or past behavior at numerous locations. The actionable insights provided by the company help clients identify customer engagement and create smarter campaigns.

Solutions from Thumbvista can be used to set up multiple geofences. Its offerings also contain targeting features that can be used to trigger advertisements for a particular customer base. Thumbvista can also provide reports for marketers to gauge campaign performance—these reports include Click-through Rate (CTR), impressions, and other useful information.

The 360Quadrants platform provides the most granular Geofencing Solutions comparisons between vendors.

Methodology

The methodology used to rank vendors of Geofencing Solutions involved the use of extensive secondary research to identify key vendors by referring to annual reports, press releases, investor presentations, white papers, and various related directories and databases. 25 key vendors were shortlisted based on their breadth of product offerings, organization size, and several other criteria. The scores and weights for shortlisted vendors against each parameter were finalized after extensive research. After the finalization of ratings, each vendor was placed in the most relevant quadrant based on its score in the product offering and business strategy parameters.

About 360Quadrants

360Quadrants is the only rating platform for vendors in the technology space that combines data from buyers, vendors, experts, and in-house analysts. The platform provides users access to unbiased information that helps them make qualified business decisions. 360Quadrants enables vendors to influence the business decisions of potential clients. Vendors get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. 360Quadrants aims to simplify and de-risk complex purchase decisions by providing buyers with real-world insights from their peers, industry experts, analysts, and vendors, helping buyers make more informed decisions and find the best-fit solutions faster. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.

360Quadrants has also launched quadrants in fields like Predictive Analytics Solutions, Application Modernization Services, and AI in Fintech Solutions.

Contact:
Mr. Manoj Singhvi
manoj.singhvi@360quadrants.com
630 Dundee Road, Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

SOURCE 360Quadrants