TeraCode today announced the release of a new software platform that will accelerate the development of applications for the rapidly emerging Internet of Things (IoT). Companies already using or planning to use Axeda will be able to leverage this platform to customize and deploy a variety of different applications to improve business processes, offer commercial applications to the consumer marketplace, or better manage their data. The TeraCode Application Generator enables an Axeda customer to deploy GPS Tracking, Telemetry Monitoring, and/or Enterprise Asset Monitoring applications that are customized for their business needs. Customers can add their logo, change color schemes, change field labels, add fields, generate reports and implement complex hierarchical structures to control access to data. The TeraCode Application Generator will debut at the 2014 Axeda Connexion Conference held in Boston from May 5-8th.

According to research conducted by analysts and private companies, over 50 billion devices will be connected to the Internet by 2020, creating significant opportunities for the Internet of Things to transform businesses and industries by improving operational efficiencies, enhancing customer service and driving innovation. These opportunities exist in markets such as manufacturing, transportation, oil and gas, utilities, healthcare, sports and entertainment, government, education and retail.

“We are excited to announce the release of the TeraCode Application Generator today,” said Michael Sack, President & CEO of TeraCode. “We’ve been developing IoT applications in partnership with Axeda for several years and we see this new platform as a path to enabling much more development on top of the Axeda platform and helping many more businesses leverage the data they are collecting from their assets. Until now, it’s been hard for many companies that are not in the business of making software to develop the applications they need for internal use or for their customers. Our new tool will change that dynamic.”

“TeraCode is an excellent example of the type of innovation we look for in our partners,” said Joe Bartlett, Executive Vice President of channel programs at Axeda. “By leveraging Axeda and its powerful API’s, TeraCode has managed to develop a platform that makes it incredibly easy for our customer base to bring more application online and further the growth of the Internet of Things.”

About TeraCode

TeraCode provides customized software solutions and application development tools for the Internet of Things (IoT). Known for creating compelling and highly usable applications for its clients, TeraCode drives improvement in usability and functionality through its development process. TeraCode has developed many IoT applications over the past several years that have been used to improve business processes, enhance customer satisfaction and generate increased revenue for its clients. Founded in 2005, TeraCode maintains offices in Boston, New York, London and Buenos Aires. For more information, please visit http://www.teracode.com.

About Axeda

Axeda provides the most advanced cloud-based service and software for managing connected products and machines and implementing innovative machine-to-machine (M2M) and Internet of Things (IoT) solutions. The company reduces the cost and complexity of connecting and remotely servicing the products of the world’s leading companies. Customers use the Axeda Machine Cloud® to turn machine data into valuable information, to build and run innovative IoT applications, and to optimize business processes by integrating machine and sensor data.

By relying on the Axeda® Platform to power their connected products and connected enterprise, companies are transforming their business by improving customer satisfaction, reducing costs, and generating new sources of revenue. The IoT solutions behind these connected products include remote service, predictive maintenance, usage-based billing, asset tracking, mHealth, and more.