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Profile: Sierra Wireless Inc (SWIR.O)

SWIR.O on Nasdaq

14.72USD
23 Jan 2019
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Sierra Wireless, Inc., incorporated on May 31, 1993, is engaged in building the Internet of Things (IoT) with wireless solutions for organizations. The Company's segments include OEM Solutions, Enterprise Solutions, and Cloud and Connectivity Services. The Company offers a portfolio of second generation (2G), third generation (3G), and fourth generation (4G) cellular embedded wireless modules and gateways, integrated with its secure cloud and connectivity services. The Company offers its products to original equipment manufacturers (OEMs) and enterprises. The markets for its products are North America, Europe and Asia Pacific. Its OEM Solution segment is engaged in cellular embedded wireless modules for IoT connectivity, including an embedded application framework to support customer applications. Its Enterprise Solution segment is engaged in intelligent routers and gateways, including management tools and applications that enable cellular connectivity. Its Cloud and Connectivity Services segment is engaged in a cloud based platform for deploying and managing IoT applications, Smart SIM supported by mobile core networks, and managed wireless broadband services to enable customer IoT deployments.

OEM Solutions

The Company's OEM Solutions segment includes cellular embedded modules, short range wireless modules, software and tools for OEM customers to integrate wireless cellular connectivity into products and solutions across a range of industries, including automotive, transportation, energy, enterprise networking, sales and payment, mobile computing, security, industrial monitoring, field services, residential, healthcare and others. Within its OEM Solutions segment, the Company's embedded wireless module product portfolio spans 2G, 3G, 4G, Long-Term Evolution (LTE) cellular technologies and short range modules for Bluetooth and wireless fidelity (Wi-Fi) technologies. This product portfolio also includes cloud-based remote device management capability and support for on-board embedded applications using its open source, Linux-based application framework, called Legato.

Enterprise Solutions

The Company's Enterprise Solutions segment includes a range of intelligent routers and gateways along with management tools and applications that enable cellular connectivity for enterprise customers. The Company's 2G, 3G and 4G LTE cellular gateways are designed for use where reliability and security are essential, and are used in transportation, public safety, field services, energy, industrial, and enterprise networking applications. The Company's gateways can be configured for specific customer applications and also support on-board embedded applications using its ALEOS application framework.

Cloud and Connectivity Services

The Company's Cloud and Connectivity Services segment comprises three areas of operations, which include its cloud services that provide a secure and scalable cloud platform for deploying and managing IoT subscriptions, devices and applications; its global cellular connectivity services, which include the Company's Smart SIM and core network platforms and, its managed broadband cellular services, which include a combination of hardware, connectivity services and cloud services. These cloud, connectivity and broadband services have been integrated to support its device to-cloud strategy and enable IoT deployments by its customers.

The Company's AirVantage cloud platform is used to collect, manage and process data from any number of connected devices. The Company allows its customers to centrally deploy and monitor IoT devices at the edge of the network, including configuring device settings and delivering firmware and embedded application updates remotely over the air. The Company's connectivity services offer Smart SIM technology, utilizes global, multi-operator subscriptions with benefits for IoT deployments including quality of service improvements and multi operator network coverage. The Company's managed broadband services provide network connectivity management solutions for distributed enterprises utilizing cellular broadband gateways, routers and antennas.

Company Address

Sierra Wireless Inc

13811 Wireless Way
RICHMOND   BC   V6V 3A4
P: +1604.2311100
F: +1604.2311109

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