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Orbcomm Inc's Business Segments
Orbcomm Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
-
Largest Segment
-
Total Revenue
$ 66
Regions Reported
-
Orbcomm Inc does not report a distinct business-segment axis in its filings - its disaggregated revenue is disclosed by product and service category instead. See the Product & Service breakdown below.
Revenue by Product & Service Category - FY
- Service56.9%
- Recurring Service Revenues55.1%
- Product43.1%
- Other Service Revenue1.8%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Service | $ 38 | 56.9% |
| Recurring Service Revenues | $ 36 | 55.1% |
| Product | $ 28 | 43.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Orbcomm Inc
Orbcomm Inc. (stylized as ORBCOMM) is a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) communication solutions. The company offers a range of network and device management services, including satellite and cellular connectivity, hardware, software, and web-based applications designed to enable remote asset management and monitoring, supply chain optimization, and other mission-critical services across a diverse range of industries.
Founded in 1993, ORBCOMM has grown to become a leading provider of M2M and IoT communication solutions, serving a wide variety of industries, including transportation, logistics, heavy equipment, agriculture, maritime, and government. The company is headquartered in Rochelle Park, New Jersey, USA, and operates regional offices and subsidiaries in more than 10 countries worldwide, including Canada, Germany, Australia, and Brazil.
The company's core product is a global satellite network that provides M2M communication services across the world, enabling remote asset tracking, monitoring, and control for a variety of applications, including container tracking, supply chain management, heavy equipment monitoring, and maritime vessel tracking. Orbcomm also offers cellular connectivity services through partnerships with major global carriers, supporting applications that require real-time and near-real-time data transfer, such as fleet management, asset tracking, and remote monitoring.
Orbcomm's end-to-end solution includes a range of hardware devices, such as modems, tracking devices, and sensors, that are designed to be rugged, reliable, and easy to install. The company also provides web-based applications and software tools that allow customers to monitor and analyze data in real-time, enabling them to make informed decisions about their remote assets.
The company has a diverse customer base that includes major global enterprises, government agencies, and small and medium-sized businesses. ORBCOMM partners with leading technology providers to integrate its technology into their solutions, and the company has received numerous awards and recognitions for its innovation and industry leadership.
Overall, Orbcomm is a leading provider of M2M and IoT communication solutions, with a global network, a wide range of hardware and software products, and a diverse customer base that serves businesses across industries.
Founded in 1993, ORBCOMM has grown to become a leading provider of M2M and IoT communication solutions, serving a wide variety of industries, including transportation, logistics, heavy equipment, agriculture, maritime, and government. The company is headquartered in Rochelle Park, New Jersey, USA, and operates regional offices and subsidiaries in more than 10 countries worldwide, including Canada, Germany, Australia, and Brazil.
The company's core product is a global satellite network that provides M2M communication services across the world, enabling remote asset tracking, monitoring, and control for a variety of applications, including container tracking, supply chain management, heavy equipment monitoring, and maritime vessel tracking. Orbcomm also offers cellular connectivity services through partnerships with major global carriers, supporting applications that require real-time and near-real-time data transfer, such as fleet management, asset tracking, and remote monitoring.
Orbcomm's end-to-end solution includes a range of hardware devices, such as modems, tracking devices, and sensors, that are designed to be rugged, reliable, and easy to install. The company also provides web-based applications and software tools that allow customers to monitor and analyze data in real-time, enabling them to make informed decisions about their remote assets.
The company has a diverse customer base that includes major global enterprises, government agencies, and small and medium-sized businesses. ORBCOMM partners with leading technology providers to integrate its technology into their solutions, and the company has received numerous awards and recognitions for its innovation and industry leadership.
Overall, Orbcomm is a leading provider of M2M and IoT communication solutions, with a global network, a wide range of hardware and software products, and a diverse customer base that serves businesses across industries.
Overview of Orbcomm Inc.
Orbcomm Inc. is a leading global provider of satellite and cellular communication solutions, focusing on advanced Internet of Things (IoT) technologies to enhance the operational efficiency of businesses across various sectors. These solutions enable the tracking, monitoring, and management of assets in real-time, thereby supporting informed decision-making and streamlined operations.
Segments
Orbcomm Inc. operates across three primary business segments:
1. Transportation and Distribution
- This segment caters specifically to the needs of the transportation sector, including trucking, rail, maritime, and refrigerated logistics. The solutions offered facilitate seamless communication, real-time tracking, and management of fleets and cargo.
- Key Offerings:
- Fleet Tracking & Monitoring: Provides real-time visibility into fleet locations, improving route efficiency and reducing operational costs.
- Trailer Tracking: Offers trailer management solutions that help monitor trailer locations and conditions, minimizing loss and theft.
- Cargo Monitoring: Equipped with sensors that track the condition and location of goods in transit, ensuring cargo integrity and compliance with regulations.
2. Heavy Equipment
- This segment serves industries such as construction, mining, and agriculture, focusing on the communication needs of heavy machinery and equipment.
- Key Offerings:
- Equipment Telemetry: Collects data from equipment to monitor performance and usage, enabling preventative maintenance and improved reliability.
- Maintenance & Diagnostics: Offers diagnostic tools to detect potential failures in machinery before they occur, allowing for timely repairs and reduced downtime.
- Safety & Security Solutions: Implements monitoring systems to ensure the safety and protection of equipment and personnel on job sites.
3. Enterprise
- Targeting a diverse array of industries such as government, energy, utilities, and supply chain management, this segment provides advanced analytics and connectivity solutions.
- Key Offerings:
- Smart Grid Solutions: Supports utility companies in managing energy distribution efficiently through real-time data collection and analysis.
- Oil & Gas Monitoring: Implements solutions for pipeline monitoring, well-site management, and equipment telemetry to enhance operational efficiency in the oil and gas sector.
- Supply Chain Management: Enhances visibility and control throughout the supply chain with tracking solutions to optimize logistics and distribution.
Products
Orbcomm Inc. offers a wide array of products designed to facilitate monitoring and management capabilities for businesses:
1. Hardware Devices
- Cargo Sensors: Monitor the condition of goods, such as humidity and temperature, during transit.
- Temperature Sensors: Essential for refrigerated logistics, ensuring that temperature-sensitive goods are maintained within acceptable ranges.
- GPS Trackers: Enable real-time tracking of vehicles and assets, essential for fleet management.
- Satellite Modems: Provide connectivity in remote locations where traditional cellular networks are not available.
2. Software Platforms
- FleetEdge: A comprehensive fleet management platform that offers tools for tracking, route optimization, and report generation to improve operational efficiency.
- CargoWatch: A monitoring system that provides insights into cargo conditions, helping businesses ensure compliance with safety regulations.
- Refrigerated Container Monitoring Solutions: Provides real-time data on the status of refrigerated units, ensuring goods are transported under optimal conditions.
Services
To support its extensive range of products, Orbcomm Inc. also offers a variety of essential services:
1. Installation Services
- Orbcomm provides specialized installation services to ensure optimal setup and integration of both hardware and software products into customers operations.
2. Support and Maintenance Services
- Comprehensive technical support and maintenance to address any issues that may arise with hardware devices or software platforms. This includes troubleshooting and ongoing maintenance services aimed at prolonging the lifespan and performance of the products.
3. Consulting and Training Services
- Offering tailored consulting services to help customers optimize their operations and maximize the benefits of Orbcomm’s solutions. Training programs are also available to help staff understand how to use technologies effectively, ensuring seamless integration into their workflows.
Conclusion
In summary, Orbcomm Inc. stands out as a comprehensive provider of satellite and cellular communication solutions, serving various industries through its specialized segments. By offering a robust portfolio of products and services—ranging from hardware devices to software platforms and extensive customer support—Orbcomm aims to significantly enhance safety, efficiency, and productivity across its client’s operations while lowering costs and improving customer satisfaction.
Orbcomm Inc. is a leading global provider of satellite and cellular communication solutions, focusing on advanced Internet of Things (IoT) technologies to enhance the operational efficiency of businesses across various sectors. These solutions enable the tracking, monitoring, and management of assets in real-time, thereby supporting informed decision-making and streamlined operations.
Segments
Orbcomm Inc. operates across three primary business segments:
1. Transportation and Distribution
- This segment caters specifically to the needs of the transportation sector, including trucking, rail, maritime, and refrigerated logistics. The solutions offered facilitate seamless communication, real-time tracking, and management of fleets and cargo.
- Key Offerings:
- Fleet Tracking & Monitoring: Provides real-time visibility into fleet locations, improving route efficiency and reducing operational costs.
- Trailer Tracking: Offers trailer management solutions that help monitor trailer locations and conditions, minimizing loss and theft.
- Cargo Monitoring: Equipped with sensors that track the condition and location of goods in transit, ensuring cargo integrity and compliance with regulations.
2. Heavy Equipment
- This segment serves industries such as construction, mining, and agriculture, focusing on the communication needs of heavy machinery and equipment.
- Key Offerings:
- Equipment Telemetry: Collects data from equipment to monitor performance and usage, enabling preventative maintenance and improved reliability.
- Maintenance & Diagnostics: Offers diagnostic tools to detect potential failures in machinery before they occur, allowing for timely repairs and reduced downtime.
- Safety & Security Solutions: Implements monitoring systems to ensure the safety and protection of equipment and personnel on job sites.
3. Enterprise
- Targeting a diverse array of industries such as government, energy, utilities, and supply chain management, this segment provides advanced analytics and connectivity solutions.
- Key Offerings:
- Smart Grid Solutions: Supports utility companies in managing energy distribution efficiently through real-time data collection and analysis.
- Oil & Gas Monitoring: Implements solutions for pipeline monitoring, well-site management, and equipment telemetry to enhance operational efficiency in the oil and gas sector.
- Supply Chain Management: Enhances visibility and control throughout the supply chain with tracking solutions to optimize logistics and distribution.
Products
Orbcomm Inc. offers a wide array of products designed to facilitate monitoring and management capabilities for businesses:
1. Hardware Devices
- Cargo Sensors: Monitor the condition of goods, such as humidity and temperature, during transit.
- Temperature Sensors: Essential for refrigerated logistics, ensuring that temperature-sensitive goods are maintained within acceptable ranges.
- GPS Trackers: Enable real-time tracking of vehicles and assets, essential for fleet management.
- Satellite Modems: Provide connectivity in remote locations where traditional cellular networks are not available.
2. Software Platforms
- FleetEdge: A comprehensive fleet management platform that offers tools for tracking, route optimization, and report generation to improve operational efficiency.
- CargoWatch: A monitoring system that provides insights into cargo conditions, helping businesses ensure compliance with safety regulations.
- Refrigerated Container Monitoring Solutions: Provides real-time data on the status of refrigerated units, ensuring goods are transported under optimal conditions.
Services
To support its extensive range of products, Orbcomm Inc. also offers a variety of essential services:
1. Installation Services
- Orbcomm provides specialized installation services to ensure optimal setup and integration of both hardware and software products into customers operations.
2. Support and Maintenance Services
- Comprehensive technical support and maintenance to address any issues that may arise with hardware devices or software platforms. This includes troubleshooting and ongoing maintenance services aimed at prolonging the lifespan and performance of the products.
3. Consulting and Training Services
- Offering tailored consulting services to help customers optimize their operations and maximize the benefits of Orbcomm’s solutions. Training programs are also available to help staff understand how to use technologies effectively, ensuring seamless integration into their workflows.
Conclusion
In summary, Orbcomm Inc. stands out as a comprehensive provider of satellite and cellular communication solutions, serving various industries through its specialized segments. By offering a robust portfolio of products and services—ranging from hardware devices to software platforms and extensive customer support—Orbcomm aims to significantly enhance safety, efficiency, and productivity across its client’s operations while lowering costs and improving customer satisfaction.