Sierra Wireless Smart SIM and AirVantage® IoT
Platform to enable digital transformation of the world’s largest
vending network
Sierra Wireless (NASDAQ:SWIR) (TSX:SW), the leading provider of
fully integrated device-to-cloud solutions for the Internet of
Things (IoT), today announced that International Vending Alliance
(IVA), the largest global network with 1.9 million vending machines
in more than 70 countries, has selected Sierra Wireless’ Smart SIM
and AirVantage® IoT Platform to revolutionize vending service
delivery.
One hundred million customers interact with IVA vending machines
daily, but the vending experience has remained largely unchanged
for the last 25 years. IVA’s smart “black box” solution, powered by
Sierra Wireless IoT Services, is transforming the vending industry
by enabling new business models and customer experiences, including
cashless payment, touch screens, targeted advertising, online
monitoring and more efficient management.
“To compete with consumers’ ever-increasing digital
expectations, the vending industry needs to reimagine how we
interact with our customers,” said Martijn van den Hazenkamp, CEO
of IVA. “IVA’s global network has been actively involved in the
creation of a new smart vending solution that will change how
vending machines operate so that data can be used to drive sales
and customer satisfaction. We teamed up with Sierra Wireless, a
global leader in IoT, to develop the vital connectivity and data
collection requirements in the solution. Working together, we will
modernize the vending experience.”
Sierra Wireless’ Smart SIMs offer global coverage, allowing IVA
to use a single SIM across its worldwide network. The SIMs are
integrated with the AirVantage IoT platform to manage subscriptions
and connectivity and to monitor connectivity services. By
connecting and collecting data from its retail assets, IVA can now
provide transformative services, such as preventative maintenance,
restocking optimization, automated merchandising, advertising,
loyalty programs and more.
“IVA’s solution is a wonderful example of how IoT technology can
breathe new life into industries that are facing new competitors
and shifting consumer preferences,” said Marc Overton, Senior Vice
President and General Manager, IoT Services, Sierra Wireless. “This
data-driven vending experience, designed around Sierra Wireless
connectivity services, allows IVA to innovate and deliver a
completely new experience for customers and more efficient
management for operators.”
IVA’s solution integrates Sierra Wireless IoT services with
Smart Retail Solutions B.V.’s platform for the Retail, Hospitality,
Beverage, and CPG industries.
“Combining our platform with Sierra Wireless’ IoT services
allows us to provide a 24/7, flexible connectivity solution to
the IVA network,” said Adrian Whelan, Director & Co-Founder,
Smart Retail Solutions B.V. “We chose the Sierra Wireless solutions
due to its ease of use and robustness, and the team
involved has been extremely helpful with designing the
solution.”
For more information about the Sierra Wireless AirVantage
IoT Platform, SIMs and Connectivity Services
visit: http://www.sierrawireless.com/products-and-solutions/sims-connectivity-and-cloud-services/.
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, visit
http://www.sierrawireless.com/newsroom/productimages.aspx.
About IVA
Founded in 2002, the International Vending Alliance (IVA) has
grown to become the largest single vending network globally. I’s
network covers more than 70 countries with an install base more
than 1.9 million machines. The network consists of regional leading
companies in vending and micro market services. For more
information, visit: http://ivavending.com.
About Sierra Wireless
Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is an IoT pioneer,
empowering businesses and industries to transform and thrive in the
connected economy. Customers Start with Sierra because we offer a
device to cloud solution, comprised of embedded and networking
solutions seamlessly integrated with our secure cloud and
connectivity services. OEMs and enterprises worldwide rely on our
expertise in delivering fully integrated solutions to reduce
complexity, turn data into intelligence and get their connected
products and services to market faster. Sierra Wireless has 1,400
employees globally and operates R&D centers in North America,
Europe and Asia. For more information, visit
www.sierrawireless.com.
Connect with Sierra Wireless on the IoT Blog at
http://www.sierrawireless.com/iot-blog, on Twitter at
@SierraWireless, on LinkedIn at
http://www.linkedin.com/company/sierra-wireless and on YouTube at
http://www.youtube.com/SierraWireless.
“AirVantage” and “Sierra Wireless” are registered trademarks 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180322005362/en/
Sierra WirelessMedia:Kim Homeniuk, +1
604-233-8028khomeniuk@sierrawireless.comorInvestors:David
Climie, +1 604-231-1137dclimie@sierrawireless.com
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