Sierra Wireless & L&T Technology Services establish strategic collaboration to support the development of new Internet of Thi...
April 21 2015 - 11:30PM
Business Wire
New Legato™ Lab supports worldwide customers
bringing innovative IoT solutions to market
Sierra Wireless (NASDAQ:SWIR) (TSX:SW) and L&T Technology
Services today announced that they have entered into a strategic
collaboration to provide joint solutions to customers developing
products and services for the Internet of Things (IoT).
Under the terms of the agreement, L&T Technology Services
will establish a Legato™ Lab, a center of excellence designed to
support customers worldwide in developing their IoT applications
with the Legato embedded application platform from Sierra Wireless.
The two companies will jointly market their respective products and
services to customers in the automotive, transportation, and
industrial markets.
“Development of the Internet of Things offers tremendous
opportunities for innovation in new applications and business
models across a number of vertical markets,” said Dr. Keshab Panda,
Chief Executive, L&T Technology Services. “With Legato, Sierra
Wireless has produced the most integrated platform on which to
build IoT applications that support this innovation, and we look
forward to collaborating with our joint customers to develop and
deliver IoT solutions to markets worldwide.”
“For our customers, seeing the return on investment they expect
from their IoT initiatives often requires considerable development
work to customize and utilize the data they are collecting for new
services,” said Dan Schieler, Senior Vice President, OEM Solutions
for Sierra Wireless. “This collaboration with L&T Technology
Services and the establishment of the Legato Lab gives them the
specialized expertise they need and a development path to support
their go-to-market plans. It’s a piece of the puzzle that we
believe will prove invaluable to customers leveraging the Legato
platform for their IoT applications.”
The Legato platform is an open-source embedded platform built on
Linux and designed to simplify the development and scalability of
IoT applications. It tightly integrates a commercial-grade Linux
distribution and a rich set of IoT capabilities based on the latest
open-source technologies, with an application framework and
feature-rich tools. It makes IoT application development quicker
and easier by providing a validated solution on an established,
well-supported foundation with built-in connectivity, security, and
management. For more information about the Legato platform, please
visit http://www.sierrawireless.com/legato.
L&T Technology Services will showcase its services and
solutions at the Sierra Wireless Innovation Summit, to be held June
17 in Paris. For more information and to register for the
Innovation Summit, visit http://summit.sierrawireless.com/.
To contact the Sierra Wireless Sales Desk, call +1-877-687-7795
or visit http://www.sierrawireless.com/sales.
Note to editors:
To view and download images of Sierra Wireless products, please
visit
http://www.sierrawireless.com/newsroom/productimages.aspx.
About L&T Technology Services
L&T Technology Services is a wholly owned subsidiary of
Larsen & Toubro with focus in the engineering services space,
partnering with many of the Fortune 500 companies globally. It
offers design and development solutions throughout the entire
product development chain across various industries such as
Industrial Products, Medical Devices, Transportation, Telecom and
Hi-tech and Process Industry. The company also offers solutions in
the areas of Mechanical engineering Services, Embedded Systems
Services, Product Lifecycle Management (PLM), Engineering Analytics
and Power Electronics and M2M and the Internet of Things (IoT) With
a multi-disciplinary and multi-domain presence, we challenge
ourselves every day to help clients achieve a sustainable
competitive advantage through value-creating products, processes
and services. Headquartered in India, with close to 10000 highly
skilled staff, 6 delivery centres and operations in more than 30
locations around the world, we constantly find flexible ways of
working tailored to our assignments and customer needs.
For additional information about L&T Technology Services,
log on to www.LntTechservices.com
About Sierra Wireless
Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is building the
Internet of Things with intelligent wireless solutions that empower
organizations to innovate in the connected world. We offer the
industry’s most comprehensive portfolio of 2G, 3G and 4G embedded
modules and gateways, seamlessly integrated with our secure cloud
and connectivity services. OEMs and enterprises worldwide trust our
innovative solutions to get their connected products and services
to market faster. Sierra Wireless has more than 900 employees
globally and operates R&D centers in North America, Europe and
Asia. For more information, visit www.sierrawireless.com.
“Legato” is a trademark of Sierra Wireless. Other product or
service names mentioned herein may be the trademarks of their
respective owners.
Forward Looking Statements
This press release contains forward-looking statements that
involve risks and uncertainties. These forward-looking statements
relate to, among other things, plans and timing for the
introduction or enhancement of our services and products,
statements about future market conditions, supply conditions,
channel and end customer demand conditions, revenues, gross
margins, operating expenses, profits, and other expectations,
intentions, and plans contained in this press release that are not
historical fact. Our expectations regarding future revenues and
earnings depend in part upon our ability to successfully develop,
manufacture, and supply products that we do not produce today and
that meet defined specifications. When used in this press release,
the words "plan", "expect", "believe", and similar expressions
generally identify forward-looking statements. These statements
reflect our current expectations. They are subject to a number of
risks and uncertainties, including, but not limited to, changes in
technology and changes in the wireless data communications market.
In light of the many risks and uncertainties surrounding the
wireless data communications market, you should understand that we
cannot assure you that the forward-looking statements contained in
this press release will be realized.
Sierra WirelessSharlene Myers, +1 (604) 232
1445smyers@sierrawireless.comorL&T Technology ServicesPravin
Sharma, +91 98190 11124pravinchandra.sharma@ogilvy.com
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