Annexia Selects Sierra Wireless to Deploy Asset Tracking Solution

According to a recent release, Sierra Wireless, a provider of device-to-cloud solutions for the Internet of Things (IoT), has announced that Annexia International, a maker of ultra-low-power asset tracking devices, has chosen its Smart IoT Connectivity for global deployment of its NStar asset tracking and management solution.

“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,” said Kim L. Lim, co-founder, Annexia. “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.”

“Annexia chose Sierra Wireless because no other IoT player is able to provide the same in-depth understanding of asset tracking applications,” said Marc Overton, Chief Solutions Officer, Sierra Wireless. “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 is designed to couple a web-based asset management platform with the company’s NStar technology to take the guess work out of shipping. The company said its 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. NStar reportedly is connected using Sierra Wireless' Smart IoT Connectivity so that Annexia can deploy almost anywhere in the world and provide customers with a superior product.