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Skkynet Joins Advantech B+B SmartWorx Connected Intelligence Ecosystem

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New IoT initiative, Advantech B+B SmartWorx Connected Intelligence Ecosystem, will redefine industrial process control and leverage Skkynet’s SkkyHub™ service for secure, real-time data connectivity.

Mississauga, Ontario, January 21, 2015 – Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB:SKKY), a global leader in real-time cloud information systems, announces its partnership in the new Connected Intelligence Global Partner Ecosystem founded by Advantech B+B SmartWorx (formerly B&B Electronics).  Skkynet’s SkkyHub™ service will support the project goal to “create intelligent networks that can collect, manage, and analyze the data generated by billions of sensors, transforming that data into actionable intelligence that lets companies make predictions and prescribe actions to cut costs, increase productivity or increase revenue.” The partnership will launch with a focus on the Internet of Things (IoT).

“This ecosystem, which will bring IoT to life, has the potential to redefine industrial process control, taking it to a whole new level,” said Paul Thomas, President of Skkynet. “Combining the Advantech B+B SmartWorx platform with SkkyHub means remote devices in any location can now connect directly and securely to the cloud, enabling real-time monitoring, control, networking, and big data collection at a far lower total cost of ownership (TCO) than previously thought possible.”

“We’ve aligned with companies like Skkynet who are credited with some of the most innovative technologies and solutions in their industries,” said Advantech B+B SmartWorx CEO, Jerry O’Gorman. “We’re excited about the potential they bring to our Connected Intelligence Global Partners Ecosystem, and ultimately, to the customers using their services.”

The physical infrastructure of the ecosystem is provided by Advantech B+B SmartWorx, whose hardware and connectivity stack aggregate raw data from disparate devices and protocols, and transforms it into useful information. Skkynet’s SkkyHub service provides secure, end-to-end bidirectional connectivity between the Advantech B+B equipment and end users at all levels, from operators and plant engineers to managers, analysts, and customers. The service is capable of handling over 50,000 data changes per second per client, at speeds just a few milliseconds over Internet latency. Secure by design, it requires no VPN, no open firewall ports, no special programming, and no additional hardware.

“Finding the right partners to fit a specific application’s requirements enables our customers to achieve better results than a ‘one size fits all’ approach,” said Mike Fahrion, director of IoT and edge intelligence product development at Advantech B+B SmartWorx.

About Advantech B+B SmartWorx

Founded in 1981, B+B SmartWorx, formerly B&B Electronics, provides intelligent M2M and IoT connectivity solutions for wireless and wired networks. The company designs and builds device connectivity and network infrastructure products that deliver intelligent connectivity at the “edge” of networks in remote and demanding environments. Working globally with experienced channel and application partners to deliver complete application solutions, the company is known for building rugged networking products that are easy to deploy and manage. At the start of 2016, B+B SmartWorx became part of the global Advantech family, and will be operating as Advantech B+B SmartWorx.  As part of the company’s Global Industrial IoT Business group, B+B SmartWorx will lead Advantech’s new Intelligent Networking Business Sector in developing smart networking products. http://advantech-bb.com.

About Skkynet Cloud Systems, Inc.:

Skkynet Cloud Systems, Inc. (OTCQB:SKKY) is a global leader in real-time cloud information systems. The Skkynet Connected Systems platform includes the award-winning SkkyHub™ service, DataHub®, WebView™, and embedded toolkit software. The platform enables real-time data connectivity for industrial, embedded, and financial systems, with no programming required. Skkynet’s platform is uniquely positioned for the “Internet of Things” and “Industry 4.0” because unlike the traditional approach for networked systems, SkkyHub is secure-by-design. Customers include Microsoft, Siemens, Metso, ABB, Honeywell, IBM, GE, Statoil, Goodyear, BASF, Cadbury Chocolate, and the Bank of Canada. For more information, see http://skkynet.com.

Safe Harbor:

This news release contains “forward-looking statements” as that term is defined in the United States Securities Act of 1933, as amended and the Securities Exchange Act of 1934, as amended. Statements in this press release that are not purely historical are forward-looking statements, including beliefs, plans, expectations or intentions regarding the future, and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors, such as the inherent uncertainties associated with new business opportunities and development stage companies. We assume no obligation to update the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate. Investors should refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Advantech B+B SmartWorx Announces Connected Intelligence Ecosystem

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Ottawa, IL – January 20, 2015 – Advantech B+B SmartWorx, formerly B&B Electronics, today announced an acceleration for the Internet of Things (IoT) landscape with its Connected Intelligence Global Partner Ecosystem.   As a manufacturer of network connectivity technologies which serve as the heart or technical glue of IoT end solutions, Advantech B+B SmartWorx is launching the ecosystem to enable complementary partner companies to make intelligent connections with each other, combine expertise, and build effective IoT applications for end customers in the demanding, non-consumer IoT space.

Initial Connected Intelligence Ecosystem Partners include IoT technology providers such as  Cumulocity, Davra Networks, ILS Technology, ParStream, PLAT.ONE, SeeControl, Skkynet, and ThingWorx, along with MVNO partners such as KORE and Mobius Networks, and a variety of international carriers.   http://advantech-bb.com/our-partners/

According to Harbor Research, the non-consumer IoT space is approximately 50% of the total IoT market opportunity, comprised of managed services (analytics, system applications, mobile and cloud computing, value added application services), enablement hardware (wired or wireless hardware attached to or embedded in each machine) and network services (carrier and data services). Advantech B+B SmartWorx products fall into enablement hardware while other Connected Intelligence Ecosystem partners fall into the managed and network services areas.

Mike Fahrion, director of IoT and edge intelligence product development at Advantech B+B SmartWorx explained that Advantech B+B created the ecosystem to combine complementary partners under a virtual roof to facilitate IoT applications. “Finding the right partners to fit a specific application’s requirements enables our customers to achieve better results than a ‘one size fits all’ approach.”

From assets to analytics starting at the network edge, the ecosystem aims to create intelligent networks that can collect, manage and analyze the data generated by billions of sensors, transforming that data into actionable intelligence that lets companies make predictions and prescribe actions to cut costs, increase productivity or increase revenue.

Advantech B+B SmartWorx provides the network connectivity “technical glue” – the hardware and connectivity stack – of the ecosystem. Advantech B+B’s IoT Edge Processing Architecture – a combination of its Wzzard wireless intelligent sensing and edge connectivity platform and its cellular edge gateway devices – aggregates data from existing equipment, translates disparate machine protocols into a language IT can understand, transforms that data into useful information and delivers it to applications ready for analysis.

“Rather than trying to become a vertical service provider itself, which can turn partners into competitors, Advantech B+B is smart to focus on its pedigree and core connectivity competence and recognize that an ecosystem of partners, leveraging each other’s core expertise, brings the most value to the end user,” said Glen Allmendinger, founder and president of Harbor Research.  “Advantech B+B’s technology roadmap is impressive, positioning the company as an emerging leader in what Harbor Research calls the ‘enablement hardware’ slice of the industrial IoT pie, a category we project will grow from $16.2B today to $43.8B by 2020.”

Advantech B+B’s CEO, Jerry O’Gorman, added, “We’ve aligned with companies who are credited with some of the most innovative technologies and solutions in their industries. Together, our focus is on extending the capabilities of our combined technologies to provide broad solutions for customers in areas of strategic importance to the global market.”

Generating Business Insight via Connected Intelligence in the Partner Ecosystem

“We are excited that ThingWorx® technology will be a core aspect of the Advantech B+B SmartWorx Connected Intelligence Ecosystem,” said Chris Kuntz, vice president, ecosystem programs, ThingWorx.  “The age of the IoT is upon us and working with forward thinking companies such as Advantech B+B SmartWorx enables us to deploy our leading technology so that customers can profit from complete, end-to-end solutions.”

“I applaud Advantech B+B SmartWorx bold entry into the IoT Marketplace as a deviceWISE Ready partner.   Our two companies share a common strategy of providing robust solutions with Intelligence at the Edge as well as a proven track record with enterprise customers within the industrial market,” said Fred Yentz, CEO ILS Technology, a Telit Company.  “Our strategic and technical alignment and our global reach will provide customers an enterprise ready, fast time to value IoT experience.”

“The IoT has a huge opportunity to connect non-consumer devices to the cloud to collect and share data making factories, automobiles, buildings and cities more intelligent,” said Stefan Vaillant, CTO of Cumulocity. “Advantech B+B SmartWorx complements our portfolio of software system solutions for IoT.”

“IoT is the hottest topic in IT circles as customers look to connect assets they’ve never connected before and make real time decisions based on data collected from the coalface of their business,” said Paul Glynn, CEO of Davra Networks. “Using Advantech B+B SmartWorx Wzzard Sensing Platform gives our customers easy access to information and data that they’ve never had access to before.”

“This ecosystem has the potential to bring industrial process control to a whole new level,” said Paul Thomas, President of Skkynet. “Combining the Advantech B+B SmartWorx platform with Skkynet’s SkkyHub service means remote devices in any location can now connect directly and securely to the cloud, enabling real-time monitoring, control, networking, and big data collection at a far lower TCO than previously thought possible.”

“Enterprise-Grade applications require a robust edge computing infrastructure such as Advantech B+B is providing with Wzzard,” said Filippo Murroni, CEO of PLAT.ONE, the first Enterprise-Grade application platform.

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