Stamford, CT – HARMAN (NYSE: HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today announced that it has been recognized in the “Winner’s Circle” by HfS Research in its newest HfS Blueprint Report: IoT Services 2015. The Company received the highest overall score among top service providers in the Internet of Things (IoT) market.

In its IoT Services Blueprint Report, the industry’s first assessment of the IoT services market, HfS Research examined current trends and forward-looking market activity, covering IoT consulting, enablement, connectivity, integration and management.

“Over the last 12 months, we have witnessed an incredible explosion in demand for connected systems and devices. As this trend accelerates and expands to all areas of life, it’s critical that service providers design and deliver IoT services that are seamless, intelligent and robust for enterprises,” said Charles Sutherland, chief research officer, HfS. “HARMAN’s portfolio of accelerators, Over-the-Air (OTA) capabilities and analytics expertise place it at the forefront of the Winner's Circle of IoT services providers. With end-to-end service capabilities and a deep knowledge of the industries it serves, HARMAN has demonstrated exceptional innovation and execution, setting it up well to capitalize on the growing IoT market.”

HARMAN partners with customers in the automotive, manufacturing, healthcare, media, retail and consumer device markets to accelerate IoT platform development. Through its Connected Services division, HARMAN provides software engineering and integration services that help businesses rapidly design and develop products and technologies at the convergence of device, sensors, cloud and data.

“HARMAN is proud to receive this significant validation from HfS Research,” said Dinesh Paliwal, chairman, president and chief executive officer of HARMAN. Earning this recognition reflects HARMAN’s relentless focus on purposeful innovation and flawless execution, two fundamental drivers of progress and success in the IoT space. Already partnering with more than 400 top companies around the world, HARMAN is prepared to extend our track record as an industry leader and global software and services innovator in the rapidly growing IoT market.”


About HfS Research

HfS Research is the leading analyst authority and global network for IT and business services, with specific focus on global business services, digital transformation, autonomics and outsourcing.

HfS' leading edge Research 2.0 methodology serves the research, governance and services strategy needs of business operations and IT leaders across finance, supply chain, human resources, marketing, and core industry functions. The firm provides insightful and meaningful analyst coverage of best business practices and innovations that impact successful business outcomes, such as the digital transformation of operations, cloud-based business platforms, services talent development strategies, process automation and outsourcing, mobility, analytics and social collaboration. HfS applies its acclaimed Blueprint Methodology to evaluate the performance of service and technology in terms of innovating and executing against those business outcomes. In 2014, HfS was named Analyst Firm of the Year, alongside Gartner and Forrester, by leading analyst observer

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HARMAN ( designs and engineers connected products and solutions for automakers, consumers and enterprises worldwide, including connected car systems; audio and visual products, enterprise automation solutions; and connected services. With leading brands including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon®, Mark Levinson® and Revel®, HARMAN is admired by audiophiles, musicians and the entertainment venues where they perform around the world. More than 25 million automobiles on the road today are equipped with HARMAN audio and connected car systems. The Company's software services power billions of mobile devices and systems that are connected, integrated and secure across all platforms, from work and home to car and mobile. HARMAN has a workforce of approximately 27,000 people across the Americas, Europe, and Asia and reported sales of $6.2 billion during the 12 months ended June 30, 2015. The Company’s shares are traded on the New York Stock Exchange under the symbol NYSE:HAR. HAR-C