SWIR) (SW.TO) today announced that Arval, a leader in full service vehicle leasing, fleet management, and usage-based insurance owned by BNP Paribas, has selected Sierra Wireless device-to-cloud technology to build its new global telematics solution.
The Arval telematics solution leverages the Sierra Wireless AirVantage® cloud, enabling Arval and its customers to monitor and manage a vehicle’s usage through a telematics on-board unit wirelessly connected to the cellular network with Sierra Wireless AirPrime® embedded modules. Targeted at enterprise fleet managers, the service enables them to track mileage, fuel consumption, driver behavior, and maintenance, as well as utilize usage-based insurance (UBI) models for cost savings.
densber, charts". : Who cares what charts said last year or last month, it has no value in determining what the stock price will be. The important thing is to determine what to buy. Once "you've" done that just stay "put" until "you've' decided to sell! That is what an astute investor would do!
Excerpt from "which is better SWIR or CalAMPS:.............."If I had to pick one…
While both stocks have a lot of potential in IoT — and both receive recommendations from premium Fool services — I really like Sierra Wireless’ leadership position in M2M modules right now and its growing enterprise solution business.
Sierra Wireless has a diversified automotive client base, with Ford, BMW, Tesla, Volvo, Toyota and others using its technology. The auto industry is adding more and more navigation options, remote diagnostics, entertainment, and Internet connectivity into vehicles, and I believe Sierra’s position within the industry right now gives them a strong advantage as these trends grow.
In addition to its work in the automotive industry, I like Sierra Wireless’ work on a wireless city lighting project with Phillips in Prague, London, and Rotterdam — especially considering that smart cities are just getting started. We’re poised to see much more city energy conservation from the type of wireless connections and platform management services Sierra offers.''
While both stocks are in a great position for the Internet of Things, investors should know that the relatively small size of both companies — and IoT’s infancy — means the stocks could experience some major fluctuations as they grow into this new industry.
Apple Watch revealed: The real winner is inside
Apple recently revealed the product of its secret-development “dream team” — Apple Watch. The secret is out, and some early viewers are claiming its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple’s gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and see where the real money is to be made, just click here!
Shipments of connected digital signs will reach 17.2 million in 2019
According to a new research report from Berg Insight, global shipments of connected digital signage displays grew by 21.7 percent to 7.3 million units in 2014. Market growth is driven by greater demand for digital signage solutions in all market verticals, technological advancements and a continued decline in prices. Shipments to the EU28+2 countries totalled 1.8 million units, whereas shipments to North America reached 2.1 million units. The Rest of World region accounted for the remaining 3.4 million units shipped in the year. Berg Insight forecasts that global shipments of digital signage displays will grow at a compound annual growth rate (CAGR) of 18.7 percent in the next five years to reach 17.2 million units by 2019. As a result, the number of connected digital signage displays in active use worldwide will grow from 25.4 million in 2014 at a CAGR of 20.2 percent to 63.8 million in ". ............Remember that Swir commands 34% of the global M2M market and is in an excellent position to take advantage of the growth potential provided by the IOT connectivity. It is quiet likely that SWIR will get its share and its stock price will reflect the outcome Please do not neglect to do your own DD.
The "harping" of the scoundrel is best ignored. His ranting does not affect the share price nor the potential of SWIR. The market pays no heed to him! Astute investors are well aware that SWIR is in an excellent position to take the huge opportunity to benefit from the growth potential that exists in the IOT market, In the fullness of time, SWIR will realize its potential and its price will increase significantly. It is wise at this stage to be patient. Patience will pay off in the end. This is my opinion, but you do your own DD nevertheless.
(SW.TO) and MobiquiThings, a leading mobile virtual network operator (“MVNO”) in Europe, today announced that Sierra Wireless has entered into a definitive agreement to acquire MobiquiThings. The transaction is expected to close in August 2015.
“The purchase of MobiquiThings further accelerates our device-to-cloud strategy and is highly complementary to our acquisition of Wireless Maingate completed in January,” said Jason Cohenour, President and CEO of Sierra Wireless. “MobiquiThings has a highly advanced core network and technology platform, as well as a rapidly expanding customer base. MobiquiThings will be tightly integrated with Maingate and our AirVantage® cloud to provide a leading-edge managed connectivity service for pan-European customers.”
MobiquiThings is an MVNO focused on managed connectivity services for the Internet of Things, with broad segment experience including the energy, transportation, security, retail, and healthcare markets. MobiquiThings has a unique technology platform that includes MobiquiSIM, a dynamic attachment service that provides its customers with superior radio access network coverage and industry leading QoS, as well as SIM provisioning and management for 2G, 3G, and 4G connectivity. The company has more than 75 customers and more than 100,000 wireless connectivity subscribers".,,,,,,,,,,,,,Swir adding more value for the shareholders. That is using their money wisely, to benefit the shareholders!
SWIR's implementation of interface standard is the last step in solving wireless ITO connectivity. In partnership with SWIR, Texas Instruments using a series of SWIR's modules, sees a huge demand for industrial grade solutions for the IOT. Obviously, SWIR's series its modules enables the whole system to work together to reduce the complicity and the development time (and money) for IOT applications. It appears that SWIR is in an excellent position to reap the benefits from its position in the connectivity to the IOT solutions. Remember, too, that SWIR commands 34% of the global market. The potential for a significant price increase is there! Nevertheless, do your own DD.
Here are three catalysts that could drive Sierra Wireless stock higher from here.
1. Enterprise services are set to impro
First, while Sierra Wireless' enterprise solutions business was seasonally slower in Q1, as expected, management noted the segment is still performing below expectations. To be sure, enterprise solutions revenue climbed "just" 16% year over year to $17.4 million, while Sierra Wireless' overall revenue increased 24.1% year over year to $150.4 million.
However, Sierra Wireless also expects enterprise solutions' performance to not only enjoy sequential improvement for the remainder of this year, but also to achieve higher levels of sustained growth over the long term. Regarding the latter prediction, investors can thank a combination of an ongoing refresh in the company's enterprise products as well as "targeted investments" Sierra Wireless is making to expand its enterprise sales team.
In addition, keep in mind Sierra Wireless' guidance doesn't include the contributions from its recent acquisition of Accel, a provider of 4G managed connectivity services aimed at distributed enterprises. Accel, for its part, is expected to increase revenue 18% next year to $10 million. And that's stable revenue as well, with around 80% coming in the form of subscription and recurring sales from over 300 enterprise clients.
2. Continued "robust" organic growth
Next, crucial to Sierra Wireless' long-term story is its ability to generate sustained "organic" growth, or growth not attributed to acquisitions. As it stands, Sierra Wireless has achieved organic growth of at least 17% for each of its past four quarters. For perspective, that's well above Sierra Wireless management's stated long-term target for organic growth in the range of 10% to 15%.
In fact, that assumed range is part of the reason Sierra Wireless has effectively under-promised and over-delivered on its top and bottom lines for the past two quarters. On that note, CEO Jason Cohenour did p
Canaccord Genuity analyst T. Michael Walkley came out with a report on Sierra Wireless, Inc. (USA) (NASDAQ:SWIR), after hosting investor meetings with the company’s management in Chicago. The analyst maintained a Buy rating on the stock and reduced the price target from $50 to $44.
The analyst maintained his belief that Sierra Wireless is well positioned to benefit from strong long-term IoT industry growth trends in its industry-leading OEM solutions business. In addition, following the recent Maingate and Accel Networks acquisitions, the analyst anticipates continued growth for Sierra Wireless’s higher margin enterprise solutions division and anticipates the company will remain acquisitive to drive higher-margin sales growth focused in areas that bolster its enterprise solutions business.
However, the analyst anticipates increased near-term investments in R&D to launch a new line of enterprise gateway products with increased investments in its sales force to broaden its sales reach will impact near-term operating margin leverage, leading him to slightly lower his estimates.
Walkley wrote, “We believe Sierra Wireless’s OEM solutions product line is well positioned to benefit from strong secular growth trends in the Industrial IoT or M2M markets. In fact, we believe Sierra’s broad 2G, 3G and 4G LTE-based module portfolio with built-in computing intelligence and pre-integrated cloud connection capabilities through its AirVantage cloud platform should enable Sierra Wireless to maintain and grow its industry-leading market share in embedded wireless modules that ABI estimates at 34% during 2014.”
Analyst Actions: Sierra Wireless Price Target Cut To $44 At Canaccord Genuity, Reiterated Buy. SWIR , also won Technology Industries Association's top excellence award in BC Technology Industry. Sorry, cannot reveal link. Nothing has changed, SWIR will be back.
It is unfortunate that lately SWIR's share price has been "fickle". You will note that the staunch serious holders of SWIR have not been posting. The message board has been taken over by a "different" set. I know that it is hard to remain faithful, No doubt, please remember that technologically nothing has changed with SWIR's potential. Insofar as is known SWIR still commands 34% of the global M2M market. It still has its long term faithful clients who trust the reliability of.SWIR'S devices for IOT connectivity. SWIR is not only retaining its old clients but it is partnering with new ones who help SWIR (note Automotive) with the sale of M2M devices and add revenue to the bottom line, So, in the fullness of time there is hope that SWIR's share price will reflect its potential. However, I would urge you to please do your own DD.
''The only technology partner you need for end-to-end applications
From the AirPrime Smart or Essential embedded modules, software suites, and development tools to embedded services platforms, Sierra Wireless is the only company that can offer a complete device-to-cloud solution for building end-to-end automotive applications.
AirPrime Smart and Essential Modules are designed from the ground up to achieve the highest level of compliance with automotive specifications. AirPrime modules are supported by Legato™ an open source embedded platform. Built on a fully-tested Linux distribution, with a tightly integrated application framework and a suite of pre-integrated and validated M2M tools, Legato provides everything suppliers and OEMs need to quickly build, deploy, and manage connected automotive applications.
The AirVantage® M2M Cloud simplifies automotive development by providing a seamless connection between devices, the M2M cloud and the enterprise.
AirVantage Management Service is a comprehensive device management application with interactive dashboards that make it easy to deploy, monitor and upgrade automotive solutions and services.
Embedded SIM: an award-winning SIM (Subscriber Identity Module) solution designed to meet reliability requirements (temperature, vibration, humidity) for the transportation market and seamless connection with cellular networks.
Professional services: Take advantage of our experience and expertise, from design to deployment. Be assured of network certification with our verification expertise and strong wireless operator relationships''
Automotive customers use Sierra Wireless technology to ensure more efficient deployments. See below for a list of solutions using our embedded technology: Chrysler uConnect Toyota Safety Connect Lexus Enform BMW Car HotSpot Peugeot Connect Renault R-Link Volvo OnCall - See more at: http://www.sierrawireless.com/solutions/industries/automotive/#sthash.v6ot3366.dpuf
Sierra Wireless (SWIR) (SW.TO) today announced a new milestone in its collaboration with PSA Peugeot Citroën, with a next-generation design win for Sierra Wireless using AirPrime® AR Series smart automotive modules, the Legato™ platform, and the AirVantage® cloud.
PSA Peugeot Citroën, which has been a Sierra Wireless customer since 2001, has connected more than 1.6 million vehicles. Since the introduction of their in-vehicle emergency notification systems in 2003, Peugeot, Citroën and DS vehicles have sent more than 13,000 alerts to emergency services operating in 17 European countries.
With its next generation of connected cars, PSA will utilize Sierra Wireless device-to-cloud technology to expand from emergency notification into additional value-added connected services for its customers. These additional services are enabled through the Legato platform, which provides an application framework and development environment that allows third-party applications to be built and hosted directly on the wireless module. With integrated AirVantage cloud service, these applications can be securely downloaded and updated remotely over the air. This next-generation Internet of Things (IoT) solution will begin to reach the market within PSA’s 2017 models.
“Our long collaboration with Sierra Wireless has enabled us to offer our customers leading-edge technology that not only helps keep them safer, but now could also provide connected services that deliver additional value,” said Brigitte Courtehoux, Director of the Connected Cars and Services Business Unit for PSA Peugeot Citroën. “Sierra Wireless technology provides us with a full automotive-grade solution, including the wireless connectivity, the application support and the remote management capabilities we need to offer these services efficiently and cost-effectively.”
The continued decline of stock price has garnered much attention from investors who once believed Sierra Wireless can capitalize on the IoT movement. While many still believe that the company can continue to leverage its 34% market share (by revenues) in the M2M Embedded Module sector. Others fear that a market share that size combined with a market cap of just over $1 billion will eventually draw attention from much larger competitors looking for potential acquisitions to bolster their own IoT offerings.
Cisco and the rebirth of the internet
One of the more likely companies which could go after Sierra Wireless is Cisco Systems (NASDAQ:CSCO), which saw the potential of the first rise of the internet years ago and managed to profit greatly from it. Now Cisco is looking to do it all again with the IoT (or the Internet of Everything as it refers to it as in its literature). Cisco is already in the process of opening up eight IOE Innovation Centers throughout the world, showing its commitment to develop and market the technology.
The belief within Cisco is that 99.4% of compatible devices are still operating offline, and when the day comes that they become active on the IOE/IoT an untapped market of $14.4 trillion will be unlocked by 2020. With so much potential and revenue at risk, Cisco may not be unwilling to let 34% of the M2M embedded module market slip away to a small Canadian player such as Sierra Wireless.
Ripe for the picking by BlackBerry
The other company that Sierra Wireless and its investors should be keeping a close eye on is fellow Canadian tech company BlackBerry (NASDAQ:BBRY), which is in the process of reinventing itself from a hardware-centric company to more of a software provider. For BlackBerry the IoT is key to the future sustainability of the company, and it already has an advantage over other competitors from its reputation concerning its security and operating platform.
BlackBerry is banking that its QNX operating system will provide the ground work for its rapid expansion into the IoT market. BlackBerry already has a head start in the fleet services market as its technology is already installed in 50 million vehicles.
BlackBerry also has a key advantage among companies involved with the IoT, its security infrastructure. With a predicted 25 billion devices by 2020, government agencies have already begun to show concern about the ability to secure this growing list of connected devices and systems. BlackBerry already has a strong reputation when it comes to security, a reputation which Sierra Wireless currently lacks and could hurt the company in the long run. A merger, or even a partnership between the two companies could drastically shift the IoT market into their favor and create a more viable opponent to compete against Cisco.
Is Sierra Wireless outgrowing its shell?
With so much future potential for the IoT it can be understandable why some major players could see Sierra Wireless as a valuable acquisition target, especially as it pales in comparison to the fiscal size of some of its competitors. So far Sierra Wireless seems to be content in playing the role of a small fish in a large pond while it steadily building up its revenue base. In its last quarter Sierra Wireless managed to post a new record for revenues totaling $150 million up from $121 million during the same period last year, an increase of 24%. This was a pleasant surprise as it beat previous guidance predictions of $145 million to $149 million set by the company.