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Pingsta Pioneers Workforce-in-the-Cloud Service to Help Organizations Monetize Excess In-House Intellectual Capital


WEBWIRE

Silicon Valley, California - February 3, 2010 - Pingsta – the collaborative platform for Internet experts and Network-Expertise-in-the-Cloud™ service provider - today announced the launch of Virtual Private ICE™ (VPI), a subscription-based service that enables enterprises, IT service providers and Government agencies worldwide to enhance workforce collaboration, capture reusable knowledge and monetize excess intellectual capacity to generate new, green revenue streams.

The lack of a plug-and-play customer-workforce collaboration and knowledge capture platform hinders the agility and scalability of organizations, resulting in reduced productivity and increased operational costs. Furthermore, recent industry research shows that all organizational workforce is underutilized leading to about US$1,000 worth of untapped excess intellectual capital going to waste every day per knowledgeable employee. Pingsta VPI™ provides clients with a quantifiable path to IT cost savings and revenue generation via a secure cloud-based platform. Pingsta VPI™ is fully customized with real-time connection features such as user task feeds, ongoing knowledge capture and validation tools, as well as the capacity to monetize excess intellectual capital.

“With Pingsta VPI, organizations can now create their own workforce-in-the-cloud platform across all industries and areas of expertise, enhance collaboration like never before and monetize excess intellectual capital to generate a new differentiated revenue stream“ said Deka Yussuf, VP of Marketing at Pingsta. ”Imagine a scenario where Internet Service Provider A has a certain critical skill set in its VPI cloud that Internet Service Provider B requires urgently to roll out a new service. Rather than ISP B going out to hire engineers, it simply taps into ISP A’s VPI cloud for the needed skill set on-demand and only pays per use"

“The opening up of our APIs to enable the integration of third-party corporate applications into the Pingsta VPI platform will greatly enhance the user-experience”, added Tobi Knaup, Lead Software Architect at Pingsta.

Pingsta VPI™ is available in three editions
* Gold - for Enterprises across all industry segments
* Platinum - for Service Providers
* Government - for Government agencies

Pingsta VPI™ is already drawing the attention of large IT service providers and enterprises with several pilots scheduled from Q1 2010. For more on Pingsta VPI™, see http://pingsta.com/products/vpi.

About Pingsta
Pingsta is a collaborative platform for the world’s Internet experts. Pingsta - whose members include inventors, fellows, professors, distinguished engineers and technical leaders in over 50 countries - facilitates intellectual collaboration amongst the experts that invented and continue to sustain the various components that make up the Internet.

Through its Intellectual Commerce Ecosystem - Pingsta ICE™ - service offering, Pingsta enables Enterprises, IT Service Providers and Government agencies worldwide to leverage Network-Expertise-in-the-Cloud™ on a pay-per-use basis for break-fix technical support, consulting and R&D tasks while also enabling them to monetize the excess capacity of their current in-house global workforce.



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 Cloud-based service
 Network Expertise
 Internet Service Provider
 Collaboration
 Green Revenue Generation


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