Radisys Introduces ReachPoint Indoor Navigation and Geo-Location Services for Enterprises
27.2.2023 10:00:00 EET | Business Wire | Press release
Radisys® Corporation, a global leader of open telecom solutions, today announced the availability of Radisys ReachPoint, a smart network-based geolocation platform that allows Mobile Network Operators (MNOs) to deliver real-time geolocation service capable of reaching places where GPS may not be available, such as inside tall buildings. The solution enables Enterprises to get the location of any connected device without relying on GPS, using geospatial data from cell towers and Wi-Fi nodes. Radisys will be demonstrating new ways of monetizing location-based services using ReachPoint Geolocation service at Mobile World Congress Barcelona.
Indoor navigation within large buildings like airports, concert venues, hospitals, shopping malls and office buildings has been an ongoing challenge within the industry. While many GPS services can help with navigation outdoors, they are often limited indoors where the signal can be blocked due to a building's physical structure. ReachPoint extends indoor navigation capability to places not served by GPS. ReachPoint’s Bluetooth low energy (BLE) beacon-based technology provides a faster, more accurate indoor navigation tool that can be delivered as a standalone application or embedded as a software development kit (SDK) in existing applications. Radisys’ ReachPoint provides a simple mechanism for mobile network operators (MNOs) to monetize their networks in new ways by offering geolocation services for enterprises. Radisys ReachPoint technology has proven savings of up to 25% for Enterprises by optimizing operations through asset tracking and indoor navigation.
ReachPoint Navigation application creates a digital map of the building or space, enabling users to find their place of interest via voice guidance and reach their desired location using the shortest path. Building owners or event organizers can gain value-added insights such as heat maps of visitors, or rank and identify the most visited places to pinpoint new sales kiosks or information booth locations. Additionally, businesses can customize services based on user location, as well as monetize the data insights as a service for building tenants or other vendors. ReachPoint also provides enhanced security monitoring such as breach or trespassing alerts for certain areas to provide businesses with peace of mind.
“Enterprises want mobile applications to report their physical location for multiple reasons such as fraud prevention, services customization, ensuring compliance with local laws and for IoT use cases,” said Natasha Tamaskar, Head of Digital Endpoints Business and Global Marketing, Radisys. “Using Radisys ReachPoint, MNOs have additional opportunities to monetize their mobile networks by creating location insights for enterprises that also help those businesses find additional revenue-generating opportunities.”
Experience ReachPoint Live at MWC Barcelona
To see the ReachPoint demonstrations and learn more about Radisys' Reach portfolio or to meet with Radisys’ open telecom experts at MWC Barcelona 2023, visit Stand 5B81 or contact open@radisys.com.
To check the availability of ReachPoint in your region contact our team at sales@radisys.com or visit the website at www.radisys.com/reach/reachpoint.
About Radisys
Radisys is a global leader in open telecom solutions and services. Its disaggregated platforms and integration services leverage open reference architectures and standards combined with open software and hardware, enabling service providers to drive open digital transformation. Radisys offers an end-to-end solutions portfolio from digital endpoints, to disaggregated and open access and core solutions, to immersive digital applications and engagement platforms. Its world-class and experienced network services organization delivers full lifecycle services to help service providers build and operate highly scalable and high-performance networks at optimum total cost of ownership. For more information, visit www.Radisys.com.
Radisys® is a registered trademark of Radisys. All other trademarks are the property of their respective owners.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230226005083/en/
Contact information
Nereus for Radisys
Matt Baxter, +1-503-619-0505
radisys@nereus-worldwide.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Incyte Announces the European Commission Approval of Zynyz ® (retifanlimab) for the First-Line Treatment of Advanced Squamous Cell Carcinoma of the Anal Canal (SCAC)6.3.2026 23:42:00 EET | Press release
Incyte (Nasdaq:INCY) today announced that the European Commission (EC) has approved Zynyz® (retifanlimab) in combination with carboplatin and paclitaxel (platinum-based chemotherapy) for the first-line treatment of adult patients with metastatic or with inoperable locally recurrent squamous cell carcinoma of the anal canal (SCAC). “The EC approval of Zynyz marks an important step forward for patients with advanced SCAC, a rare cancer for which meaningful treatment advances have not occurred in several decades,” said Bill Meury, President and Chief Executive Officer, Incyte. “As the first PD-1 immunotherapy approved in Europe in combination with platinum-based chemotherapy in the first-line setting, Zynyz helps expand the standard-of-care options available to clinicians and underscores our commitment to delivering innovative medicines that can have an impact for patients.” The EC decision follows the January 2026 positive opinion received from the European Medicines Agency’s Committee f
Dfns Launches Payouts6.3.2026 22:27:00 EET | Press release
Dfns today announced the launch of Payouts, a new API enabling institutions to convert stablecoins to fiat and route payouts across multiple bank accounts while keeping wallet-level governance and controls in place. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260305327930/en/ Convert stablecoins to fiat and settle payouts to bank accounts in 94 countries, today. Solving the problem of single-rail off-ramps Today, most fintechs and institutions still hard-wire a single payout provider into their stack, or rely on vertically integrated models that bundle routing, pricing, custody, and settlement together. That approach may be convenient early on, but it creates structural problems at scale: weak price discovery because there is no competitive pressure on margins, limited auditability because routing decisions are opaque, and operational fragility because a single provider degradation in any corridor requires architectural i
Klarna Group Plc Clarifies Mechanics of March 9 Lock-Up Expiration6.3.2026 21:23:00 EET | Press release
Klarna Group plc (NYSE: KLAR) today issues the following clarification to ensure investors and market participants have accurate information regarding the mechanics of its lock-up expiration on March 9, 2026, the processes required before pre-IPO shares can be traded on the NYSE, and the prior liquidity opportunities already available to shareholders. This release contains only factual descriptions of the Company's share structure and applicable processes. It does not constitute guidance or a projection of any kind regarding future trading volumes, share price, or the intentions of any shareholder and speaks only as of the date of this press release. 1. 335 million locked-up shares — but two different categories Of the 378 million total ordinary shares outstanding, approximately 335 million are subject to lock-up restrictions expiring March 9, 2026. However, these shares fall into two distinct categories governed by separate sets of regulations. A. 159 million shares (48% of locked-up
Lone Star Funds Announces Agreement to Acquire the Capsules & Health Ingredients Division of Lonza Group AG6.3.2026 19:30:00 EET | Press release
Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XII, L.P. has entered into a definitive agreement to acquire the Capsules & Health Ingredients (“CHI”) division of Lonza Group AG. As part of the transaction, Lonza will retain a 40% equity position in the business. Headquartered in Basel, Switzerland, CHI operates globally across the Americas, Europe and Asia Pacific. The business comprises three segments: Hard Empty Capsules: leading global manufacturer of gelatin and plant-based capsules offering a broad range of innovative solutions for pharmaceutical and nutraceutical customers. Dosage Form Solutions: end-to-end development and manufacturing platform serving nutraceutical and pharmaceutical customers. Health Ingredients: provider of branded, science-backed nutrition ingredients serving joint health, energy and active lifestyle markets. Lone Star believes CHI is a high-quality, globally recognized platform with strong technical capabilities, different
Sutherland Launches FinAI Hub to Industrialize Agentic AI for Banking and Financial Services6.3.2026 15:00:00 EET | Press release
Today, Sutherland announced the launch of Sutherland FinAI Hub, an enterprise Agentic AI platform built exclusively for Banking and Financial Services. As financial institutions accelerate AI adoption, many initiatives remain confined to pilots, unable to scale across legacy systems and core operations. Sutherland FinAI Hub is designed to help close that gap. FinAI Hub is an innovation ecosystem where Sutherland works with clients to design, prototype, and scale Agentic AI workflows across core operations. At launch, the platform brings together a large and expanding workforce of domain-trained AI agents purpose-built for financial institutions, supporting functions across retail banking, payments, cards, consumer and commercial lending, servicing, back office, risk and compliance functions. These modular agents can operate independently or be orchestrated across end-to-end workflows spanning onboarding, KYC, AML, fraud, underwriting, payments, disputes, servicing, and collections. For
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom