| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
36 |
| Employees |
1,150 |
| Revenues (TTM) (Millions $) |
714 |
| Net Income (TTM) (Millions $) |
-71 |
| Cash Flow (TTM) (Millions $) |
-10 |
| Capital Exp. (TTM) (Millions $) |
23 |
Business Description
Sierra Wireless Inc is a Canadian multinational company that specializes in the design and manufacturing of advanced Internet of Things (IoT) and wireless communication equipment. The company was founded in 1993 and has its headquarters in Richmond, British Columbia, Canada. They are publicly traded on the Toronto Stock Exchange (TSX) under the ticker symbol SW.
Sierra Wireless serves a wide range of industries, including automotive, energy, healthcare, industrial, transportation, and public safety. They offer a broad portfolio of wireless devices, cloud-based software, and connectivity services to enable powerful IoT solutions for businesses.
The company's IoT solutions include connectivity services for cellular, satellite, and low-power wide-area networks (LPWANs), as well as embedded modules and gateways that provide wireless communication capabilities. They also offer cloud-based platforms for device management, data analytics, and application enablement, allowing businesses to quickly deploy and manage IoT solutions at scale.
In the automotive industry, Sierra Wireless provides wireless connectivity and embedded IoT solutions for connected cars and autonomous vehicles. Their solutions enable vehicle tracking, fleet management, driver safety, and other connected car services. They also provide wireless communication equipment and services for smart gas and electric meters, enabling utilities to remotely monitor and manage energy consumption.
In the healthcare industry, Sierra Wireless provides wireless-enabled medical devices and telehealth solutions that improve patient outcomes and reduce healthcare costs. Their solutions include remote patient monitoring, virtual consultations, and mobile health apps.
We can also not forget the Industrial Internet of Things (IIoT) domain where Sierra Wireless provides wireless solutions that power industrial automation, monitoring and control, and predictive maintenance applications in factories, energy plants, and other industrial environments. Their solutions enable real-time monitoring of equipment and machinery, predictive maintenance, and remote management of operational processes.
In summary, Sierra Wireless is a leading provider of IoT and wireless communication solutions that help businesses across various industries to connect, monitor, and control their assets and operations in real-time. Their extensive portfolio of wireless devices, cloud-based software, and connectivity services enables businesses to leverage the power of IoT to improve operational efficiency, enhance customer experiences, and drive growth.
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