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iPass
editiPass Inc is an American multinational company headquartered in Redwood Shores, California. iPass provides Internet access on wireless-enabled devices. iPass was first incorporated in California in July 1996 and later reincorporated in Delaware in June 2000.[1] The company’s stock was added to the NASDAQ on July 24, 2003.
References
- ^ ""iPass Inc Form 10-K"". United States Security and Exchange Commission.
History
editiPass was founded in January 1996 by Chris Moore. Prior to iPass, Moore was President of International Messaging Associates and also served as Managing Director of General Magic’s Asia-Pacific region.
Moore was replaced by Michael H. Mansouri, who took the position of Chairman, President and CEO in 1999, serving until 2001. Kenneth Denman succeeded Mansouri as President and CEO in 2001, later assuming the position of Chairman in 2003.
In its early years, iPass faced fierce market competition from a variety of sectors. In the corporate remote access market, iPass competed against companies like GRIC Communications. iPass also competed against network service providers, including AT&T, Equant Networking Services, GTE Internetworking, which also provided network access to the company.
With this level of competition, the company initially experienced significant operating losses. However, beginning in 2000, the company began recording steady revenue increases, which grew from $35.3 million in 2000 to $53.2 million in 2001, before soaring to $92.8 million in 2002.
At the same time, iPass unsuccessfully attempted to go public, in the midst of a dismal environment for technology IPOs.
The company was profitable in 2002. Later that year, iPass announced a partnership with Intel, to place iPass’ Internet access software on certain Intel notebooks.
In June 2003, iPass reached an agreement with Fremont, California-based ARESCOM, integrating high-speed Wi-Fi and Ethernet Internet Access at hundreds of hotels across the ARESCOM Hospitality Network into the iPass Global Broadband Roaming service.
A month later, iPass successfully issued its IPO, raising over $100 million. Shares closed the first full day of trading at $18.67, up $4.67, or 33 percent.
In 2004, iPass launched a policy orchestration initiative to fully integrate patch management, assessment and remediation of remote and mobile computers into its connectivity platform.
In pursuing this initiative, iPass acquired two companies in 2004: Safe3w, which developed patented dynamic device “fingerprinting” technology, and Mobile Automation, which specialized in mobile device management.
Two years later, iPass acquired GoRemote Internet Communications, a rival broadband service provider, in an all-cash transaction valued at approximately $78.9 million.
In the midst of these acquisitions, iPass recorded year-end revenue growth, despite declining revenues from the company’s traditional dial-up business. In fact, total revenues grew to $192 million by the end of 2007.
By the end of the 2000s, however, the combination of depressed demand for dial-up and the global economic downturn finally led to revenue loss.
The company appointed Evan Kaplan as CEO and President in 2008 to replace Denman. In 2009, iPass began to build a service delivery platform for its new enterprise mobility services. By January 2010, the company delivered the first version of its cloud-based platform, iPass Open Mobile.
With the launch of iPass Open Mobile, the company began to see a dramatic shift in the geographic distribution of its revenues, away from the United States, which had accounted for approximately 62% of total revenues in 2010 before dipping to 35% by 2014.
In late June 2014, the company closed the sale of its Unity Managed Network Services business unit, which had focused on delivering and managing high speed Wi-Fi and WAN managed network solutions.
2015 ushered in a change in iPass’ executive team, beginning with the appointment of Gary Griffiths to the position of CEO and President. Griffiths and his newly appointed Chief Commercial Officer, Patricia Hume, immediately pursued a new growth strategy for mobility services. iPass launched iPass Unlimited, a new service and pricing plan. With iPass Unlimited, iPass sought to expand the addressable market for its service to small and medium-sized enterprises with a per-user, per-month, fixed fee subscription for unlimited Wi-Fi usage.
iPass also prioritized strategic partner procurement in 2015, which resulted in the expansion of its network of global hotspots from 18 million to 50 million. The company also undertook enhancements to its products and applications in an effort to optimize the user experience.
In December 2015, iPass launched proprietary technology, iPass SmartConnect, which has built the world’s first real-time picture of global Wi-Fi locations and performance.
Products and services
iPass is a cloud-based service manager that securely connects users and devices to the company’s global Wi-Fi footprint. In its most simple form, it is an application, downloaded by service users to laptops, tablets, or smartphones, to identify and connect seamlessly and securely to iPass hotspots. It is compatible with Automatic Credential Assignment.
Derived from the company’s connectivity intellectual property, the app is powered by iPass SmartConnect, iPass’ intelligent, self-learning Wi-Fi service platform, which identifies and rates access points based on factors such as signal strength, speed, bandwidth availability, and connection success rate. iPass SmartConnect also incorporates Last Mile VPN security, profile settings to customize the customer experience, always-on connectivity, and network curation to organically expand the network of available hotspots.
The platform also includes a proprietary scalable reporting and transaction clearing back-end.
Technology Infrastructure:
The company has a global authentication fabric of integrated servers and software, interconnected with over 160 unique global Wi-Fi networks. This infrastructure gives the company’s aggregated hotspots the look and feel of iPass hotspots. With the addition of iPass SmartConnect, the architecture now opens avenues for improving connection success, quality of network experience, real-time monitoring of network outages, and optimized network routing decisions.
Wi-Fi Network:
iPass has a Wi-Fi network footprint and supply chain that consists of approximately 50 million hotspots in over 100 countries, including major airports, convention centers, planes, trains, train stations, hotels, restaurants, retail, and small business locations. This network footprint includes millions of community and free hotspots, which continue to grow as a result of new network partners, the expansion of existing partnerships, and technological advancements to allow the organic curation of available hotspots around the world.
Type Public Traded as NASDAQ: IPAS Industry Software as a Service Founded July 1996 Founder Chris Moore Headquarters Redwood Shores, California Key People Gary Griffiths, President and CEO Patricia Hume, Chief Commercial Officer Darin Vickery, Chief Financial Officer Products Mobile Software, Mobile App Website www.ipass.com
Declare any connection
editHello, Wdjones8585. We welcome your contributions, but if you have an external relationship with the people, places or things you have written about in the article Draft:IPass, you may have a conflict of interest (COI). Editors with a COI may be unduly influenced by their connection to the topic. See the conflict of interest guideline and FAQ for organizations for more information. In particular, please:
- avoid editing or creating articles related to you and your circle, your organization, its competitors, projects or products;
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In addition, you must disclose your employer, client, and affiliation with respect to any contribution for which you receive, or expect to receive, compensation (see WP:PAID).
Please familiarize yourself with relevant policies and guidelines, especially those pertaining to neutral point of view, sourcing and autobiographies. Thank you. Worldbruce (talk) 05:17, 6 April 2016 (UTC)
Your submission at Articles for creation: IPass (April 10)
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Your submission at Articles for creation: IPass (April 11)
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st170etalk 21:49, 19 April 2016 (UTC)Do not exert ownership
editWelcome to Wikipedia. Everyone is welcome to contribute constructively to Wikipedia. However, please remember that editors do not own articles and should respect the work of their fellow contributors on IPass (company). If you create or edit an article, remember that others are free to change its content. Take a look at the welcome page to learn more about contributing to this encyclopedia. Thank you. You may also find the essay WP:COMPORG informative. --Worldbruce (talk) 01:28, 20 April 2016 (UTC)