© Sierra Wireless. All rights reserved.
Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the world’s leading IoT solutions provider, today launched Acculink Cargo, a new managed IoT solution that companies can quickly deploy to track the location and condition of high-value and sensitive assets. Delivered as a service for a single monthly fee, Acculink Cargo leverages Sierra Wireless’ unique expertise in IoT devices, global connectivity and cloud to deliver a single solution companies can use to monitor the near real-time status of assets anywhere in the world, as they move through their supply chains.
Asset tracking and other supply chain visibility solutions are a large and rapidly growing market. In a recent report, Mordor Intelligence valued the asset tracking market at $17.14 billion in 2020, and expects this market to grow to $34.82 billion by 2026, at a compound annual growth rate of 13.45%. As the report notes, the e-commerce boom has increased the need for companies to track assets.
Acculink Cargo enables electronics manufacturers, cold-chain carriers, general freight carriers, food and produce shippers and third-party logistics firms to gain the supply-chain visibility they require to avoid shipping delays, minimize dwell time, prevent theft and remediate environmental conditions that can lead to asset damage. In addition to tracking the location of these assets, Acculink Cargo can also alert customers if an asset is exposed to light, changes in temperature, humidity, shock, or other conditions that might spoil or otherwise damage it.
“When it comes to high-value and sensitive assets, companies no longer want to just track their location as they travel through their supply chains. Today, they expect to be able to monitor the condition of these assets in near real-time as well,” said Rupal Nanavati, Vice President & General Manager of IoT Applications, Sierra Wireless. “Acculink Cargo addresses these needs, with an easy-to-deploy, fully integrated managed solution from the global leader in IoT.”
Acculink Cargo is sold on an as-a-service basis, lowering customers’ initial upfront investment, while also allowing them to easily scale the solution up or down as their business needs change. Customers have the option to purchase devices upfront, and only pay for connectivity and the application on a subscription basis. Alternatively, they can sign up for a complete managed IoT service, with a single monthly fee that covers devices, network and application access.
Acculink Cargo is currently available to customers throughout North America. Sierra Wireless plans to expand availability of the solution to other regions in the future.
For more information, visit: https://www.sierrawireless.com/managed-iot-services/asset-tracking/
To contact the Sierra Wireless Sales Desk, call +1 877-687-7795 or visit http://www.sierrawireless.com/how-to-buy/.
To view and download images of Sierra Wireless products, visit https://www.sierrawireless.com/company/image-gallery/
This press release contains forward-looking statements. 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 but involve risks and uncertainties. These statements may relate to, among other things: plans and timing for the introduction or enhancement of our products and services, future market conditions, supply conditions, channel and end customer demand conditions, revenues, gross margins, operating expenses, profits, and other expectations, intentions, and plans that are not historical fact. These statements are subject to numerous risks and uncertainties surrounding our business and the markets we operate in, including, but not limited to, changes in technology and market conditions and our ability to implement our strategy and successfully develop, manufacture and supply new products and services. Due to these many risks and uncertainties we cannot assure you that the forward-looking statements contained in this press release will be realized.
"*" indicates required fields
"*" indicates required fields