Sierra Wireless Overview
Company Headquarters: Canada
Founded:1993
Workforce: ~1400
Company Working: Sierra Wireless is a provider of cellular wireless solutions to the machine-to-machine (M2M) and connected device markets. The company develops wireless products that include embedded modules and embedded software for original equipment manufacturers (OEMs). The company operates in three reportable segments namely original equipment manufacturer (OEM) solutions, enterprise solutions, and IoT services. The OEM solutions segment provides short-range wireless modules, software, tools, and cellular embedded modules for Internet of Things (IoT) connectivity, including an embedded application framework to support customer applications. The company provides standards-based wireless technologies and support for OEM customers across a broad range of industries, including automotive, energy, mobile computing, enterprise networking, transportation, healthcare, security, industrial monitoring, field services, sales and payment, and smart home. The enterprise solutions segment provides routers and gateways, including management tools and applications that enable cellular connectivity. The company markets its AirLink gateways and routers through channel partners across the world. The IoT services segment offers a secure and scalable cloud platform for deploying and managing IoT subscriptions, global cellular connectivity services, and managed broadband cellular services. The company operates in the Americas, Europe, the Middle East and Africa, and Asia-Pacific.
Strategy
Sierra Wireless emphasizes on innovation and partnership to grow in the global e-SIM market. It focuses on research and development to innovate enhanced IoT solutions and services. The company aims to enhance its IoT connectivity and services business with the help of a strong position in cellular embedded modules and gateways. It also aims to accelerate its IoT connectivity and cloud businesses by growing subscription-based recurring revenue and expanding its device-to-cloud solutions business that eventually leads to strengthen its position in IoT devices market.
