Annexia International selects Sierra Wireless services to deploy global asset tracking solution
March 21 2019 - 9:00AM
Business Wire
Sierra Wireless’ Smart IoT Connectivity allows
asset tracking solution to turn traditional passive assets into
smart transportation equipment
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 Annexia International Inc., an
expert in ultra-low-power asset tracking devices, has chosen Sierra
Wireless’ Smart IoT Connectivity for global deployment of its
NStarTM asset tracking and management solution.
Kim L. Lim, co-founder of Annexia, said: “Knowing the location
and status of cargo in transit is key to ensuring that shipments
arrive in the right place, at the right time and in good condition.
Our data shows that every one percent improvement in asset
utilization generates an additional $1,200 in revenue annually, per
unit, from more efficient fleet operations, planning and inventory
management. Sierra Wireless’ IoT services enabled us to turn
traditional equipment into connected, data-rich transportation
assets that generate additional revenue for our customers, as well
as deploy our solution globally without having to manage multiple
carrier agreements.”
Reliable access to real-time information about asset location
and status is critical for logistics and shipping companies.
Disruptions can have serious impacts on customer satisfaction and a
company’s bottom line if deliveries are delayed or dispatch is
inefficient. However, tracking intermodal assets as they are
transferred from truck to plane to train can be a challenge,
particularly because of the harsh environments these assets are
exposed to and the lack of access to a permanent power source.
Using Sierra Wireless Smart IoT Connectivity, Annexia International
is helping companies overcome this challenge by enabling them to
quickly convert existing container chassis and trailers into smart
transportation assets.
Marc Overton, Chief Solutions Officer, Sierra Wireless, said:
“Annexia chose Sierra Wireless because no other IoT player is able
to provide the same in-depth understanding of asset tracking
applications. By working with Sierra Wireless to transform
traditional assets, Annexia was able to create new revenue
opportunities and provide their customers with meaningful data and
an improved service.”
Annexia’s solution couples a web-based asset management platform
with the company’s NStar technology to take the guess work out of
shipping. Customers have access to real-time asset location and
inventory data, equipment use rates and vehicle idling, mileage and
trip reports. Optional add-on sensors provide data on vehicle
status, including weight detection and ABS monitoring. Installed
onto any chassis or trailer in just a few minutes, NStar allows
logistics and shipping companies to track assets from the
production plant to their final destination. NStar is connected
using Sierra Wireless' Smart IoT Connectivity, enabling them to
take full advantage of data collected at the edge and deliver
actionable insights to their customers. With Sierra Wireless’
solution, Annexia can deploy almost anywhere in the world and
provide customers with a superior product.
To contact the Sierra Wireless Sales Desk, call +1 877-687-7795
or visit http://www.sierrawireless.com/sales.
Resources:
Whitepaper: How IoT Enables Mobile Asset Tracking Throughout the
Supply Chain
On-Demand Webinar: Expert Panel: How IoT Enabled Asset Tracking
Drives Supply Chain Transformation
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 more
than 1,300 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.
“Sierra Wireless” is a registered 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
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the words "plan", "expect", "believe", and similar expressions
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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/20190321005252/en/
Kim HomeniukSierra WirelessMedia Relationsphone: +1 604 233
8028pr@sierrawireless.comDavid ClimieSierra WirelessInvestor
Relationsphone: +1 604 321 1137dclimie@sierrawireless.com
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