Sierra Wireless Octave Now Available, Unlocking Data from Millions of Industrial Assets

10/17/2019

Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network and software to unlock value in the connected economy, today announced general availability of the Octave™ all-in-one edge-to-cloud solution for connecting industrial assets to the cloud (see video, diagram). With integrated edge devices, network and interfaces to all major cloud service providers, Octave accelerates, simplifies and de-risks IoT initiatives.

By building edge-to-cloud connectivity into products, Original Equipment Manufacturers (OEMs) and enterprises can collect data about how equipment is being used, allowing them to maximize performance and uptime, reduce maintenance costs and offer transformational equipment-as-a-service and consumption-based services. The benefits for industrial companies are clear, however, the complexities of implementing and scaling IoT solutions can make it too expensive and risky for many to attempt. Octave simplifies this complex integration, allowing companies to get applications up and running within days instead of months, giving them access to use their equipment data to unlock valuable insights and opportunities.

Secure, all-in-one edge-to-cloud solution for the Industrial IoT

Sierra Wireless Octave integrates edge devices, network, and interfaces to all major cloud service providers into an all-in-one solution that securely extracts, orchestrates and acts on data from remote assets at the edge to the cloud. Customers can focus on building their business rather than reinventing technical infrastructure, which dramatically reduces costs and development time from several months to days for OEMs, system integrators and enterprises.

A new report from Forrester Research reveals companies can get to market up to 12 months sooner and reduce project costs by 42 percent using the Octave all-in-one edge-to-cloud solution, versus sourcing discrete solutions.

Jan ten Sythoff, Senior TEI Consultant, Forrester Research, said: “It is no longer a question of whether to attempt digital transformation for industrial companies, but rather how to do so successfully. Sierra Wireless’ Octave has created a new category of IoT solutions, with cloud-based features and configuration that make it much simpler for an organization’s development engineers. Our research shows that using Octave reduces time to revenue, as well as development, management and maintenance costs.”

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