Estel Tech is Only Mobile Development Platform Selected for MIT Sloan CIO Symposium's Innovation Showcase

Cambridge, MA – May 9, 2017 – The 14th annual MIT Sloan CIO Symposium today announced Estel Tech Corporation has been selected, as one of only ten companies and as the only mobile development platform, for its 2017 Innovation Showcase. The Company’s Estel Tech Anywhere rapid application development and deployment platform allows companies to gain a very significant competitive advantage because it allows them to move much faster, react more rapidly and spend substantially less on development of mobile and Web applications. 

Complex, rich-data capture applications can be built in hours with Estel Tech Anywhere versus weeks or months with alternative products. This represents a 2 orders of magnitude advantage for Estel Tech Anywhere users.  Many of the world’s most influential IT executives will receive key exposure to Estel Tech at the Innovation Showcase on May 24, 2017.

“Selection as the InfoWorld Technology of the Year, selection as a Finalist for the MIT Sloan CIO Symposium’s Innovation Showcase and other recent recognition further validate Estel Tech Anywhere’s uniqueness, relevance and value in the market,” said Richard Rabins, CEO. “Enterprises continue to adopt the product due to its unmatched speed of development, rich feature set with no limits and cost savings. We look forward to participating in the MIT Sloan CIO Symposium to educate a wider audience of CIOs about the productivity that well-designed, low-code application development platforms can afford companies.”  

With organizations under pressure to quickly mobilize hundreds of business processes, Estel Tech Anywhereoffers 80-90% reduction in both time and development costs to build and deploy enterprise mobile apps. The platform’s coding-optional, front-end and back-end architecture empowers less skilled developers in business units and in IT, expanding the base of employees who can build mobile apps. The standards-based platform offers the industry’s most robust, built-in offline capability; exceptional rich media support, easy integration with corporate systems of record; and the fastest path to building mobile optimized forms with rich mobile data capture. Estel Tech Anywhere apps can be deployed on premise or in the cloud, and can be easily updated from a single code base. Apps built in Estel Tech Anywhere run on the desktop or any mobile device and are indistinguishable from native apps. 

“It is with great honor that we recognize these 10 companies for our 2017 Innovation Showcase,” said Anton Teodorescu, Co-Chair of the Innovation Showcase. “The Symposium provides an opportune environment for these companies to form valuable partnerships with CIOs and a platform to demonstrate their technologies that are building the digital enterprise.”

After careful consideration, the Innovation Showcase Judges evaluated and selected Estel Tech as the only rapid app development platform for this honor based on important criteria:

• Have a B2B or B2C enterprise IT solution product in the market;
• Are selling enterprise IT solutions to CIOs or corporate IT departments; and
• Show innovation and/or strategic value and potential impact on the top and/or bottom lines.

For a full list of Innovation Showcase finalists visit  http://www.mitcio.com/innovation 
The Innovation Showcase will take place at 5:30 p.m. in the Kresge courtyard tent on Wednesday, May 24, 2017, at MIT in Cambridge, MA. The full agenda for the MIT Sloan CIO Symposium is available at www.mitcio.com/agenda. 

About the MIT Sloan CIO Symposium 
The MIT Sloan CIO Symposium is the premier global conference for CIOs and digital business executives to become more effective leaders. In one day, CIOs and senior IT executives explore enterprise technology innovations, business practices and receive actionable information that enables them to meet the challenges of today and the future. The Symposium offers a unique learning environment by bringing together the academic thought leadership of MIT with the in-the-trenches experience of leading, global CIOs and industry experts. The MIT Sloan CIO Symposium is organized and developed by the MIT Sloan Boston Alumni Association, the MIT Initiative on the Digital Economy (IDE), and the MIT Sloan Center for Information Systems Research (CISR). For more information and to register for this year’s Symposium, visit www.mitcio.com.

Editor’s Note: 
Journalists interested in press credentials or speaking with any of the Showcase Innovation finalists should contact Caroline Legg (caroline@warnerpr.com; 978-255-4488), Warner Communications.