Austin, TX (PRWEB) February 26, 2009
InXero, Inc. providers of Web 2.0 solutions that harness the inherent power of social networks, business media and the internet to help technology companies discover, share and consume relevant information while enabling smart collaboration, joined the Austin Technology Incubator as a portfolio member company.
Founded in February of 2008 by Anand Raj, a seasoned entrepreneur and former Founder and CEO of Olympient, InXero makes social networking actionable by helping enterprise IT managers discover, share and rate information; select and manage vendors; collaborate smartly with stakeholders; make informed decisions; build enterprise communities; and gain valuable insights from interactions. Conversely, IT vendors (CMOs, Marketing and Sales Managers) can promote their solutions through dedicated branding portals and pages; participate in relevant customer conversations; leverage social media to breakdown barriers to expand global reach; collaborate smartly with customers and partners; form private customer and partner communities; and gain customers, competitive and solutions insights.
InXero's technology combines social media, specific enterprise contents and workflows around business and IT processes to enable smart collaboration and a better way of sharing information amongst employees, customers, suppliers and partners. By dramatically reducing the need for external consultants through provisioning tools and information that enables IT managers to do more on their own, InXero assists organizations to significantly reduce the cost of selecting, deploying, optimizing and managing IT solutions and the associated vendors.
"We are excited to become an ATI portfolio company" said Anand Raj, Founder and CEO of InXero. "During the ATI evaluation process, we had the opportunity to meet with potential customers, industry experts, entrepreneurs, business and IT executives, investors and researchers. The feedback we received during this process helped us further refine our value proposition and develop an enhanced execution plan. We are fortunate to have access to the ATI eco-system and look forward to continuing to leverage their expertise for creating value in the IT industry."
"With the addition of InXero to ATI, we are entering the enterprise 2.0 space with a compelling, differentiated solution that directly helps companies solve business challenges." said Bart Bohn, Director of ATI's Wireless and IT Incubator. "They have built on top of commodity social networking tools to deliver a solution that will help companies improve IT ROI."