Business
Vuzix Announces Collaboration with Ubimax to Support World's First Everything-as-a-Service Smart Glasses Offering
ROCHESTER, N.Y., Nov. 5, 2019 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and
About this update from Vuzix Corporation
[{"type":"text","content":" ROCHESTER, N.Y., Nov. 5, 2019 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), (\"Vuzix\" or, the \"Company\"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced a collaboration with Ubimax, a leading provider of industry-standard AR solutions for wearable computing, to support the rollout of the Everything-as-a-Service (XaaS) offering with the Vuzix M400 Smart Glasses. \n\n \nThe Everything-as-a-Service (XaaS) offering from Ubimax allows customers to deploy Vuzix M400 Smart Glasses and Ubimax Frontline solutions at scale without the upfront capital investment traditionally required when deploying smart glasses solutions. For a $200 monthly fee (excluding taxes) with no additional upfront costs (subject to a 24-month subscription and minimum unit volume commitment), the XaaS solution includes use case-specific workflows for inspection, remote support and order picking, alongside all necessary hardware, software, and services. The XaaS offering from Ubimax will allow enterprise companies to implement Vuzix M400 Smart Glasses and Ubimax Frontline solutions rapidly and without any upfront investment, resulting in almost immediate ROIs. Both Ubimax and Vuzix will be selling this solution.\n\"The XaaS Everything-as-a-Service offering from Ubimax, coupled with the Vuzix M400 Smart Glasses, offers enterprise customers a tremendous value proposition right out of the gate,\" said Paul Travers, President and CEO of Vuzix. \"We are thrilled to be working alongside Ubimax to support the launch of their XaaS product offering and look forward to driving better business performance and ROIs across numerous industry verticals.\" \nAbout Ubimax\nUbimax is a leading provider of fully integrated industrial augmented reality (AR) solutions. The solution platform Ubimax Frontline improves manual work processes across industries along the entire value chain on the basis of the latest wearable computing technologies. The solutions are designed to consciously empower the human worker in an increasingly digitized working environment. The Ubimax Frontline solutions have received numerous awards, including the Auggie Award for \"Best Enterprise Solution\", the MHI Award for \"Best IT Innovation\" and the Automotive Logistics Award. ABI Research calls Ubimax the world's leading company for industrial...