SIERRA WIRELESS INC (SWIR)

[Bender77]

Sierra Wireless Collaborates With Microsoft to Develop Full-Stack IoT Solution; Shares Rise
BY MT Newswires
— 10:00 AM ET 06/11/2019
10:00 AM EDT, 06/11/2019 (MT Newswires) -- Sierra Wireless (SWIR) (SW.TO), a provider of fully integrated device-to-cloud solutions for the Internet of Things (IoT), said on Tuesday that it has set up a strategic collaboration with Microsoft to provide one of the industry's first full-stack IoT solutions. Sierra shares rose 4.4% in morning trading.

Sierra Wireless' (SWIR) new Octave edge data orchestration solution has been successfully connected with Microsoft Azure IoT Central, the company said in a statement. Once in production, the solution will simplify and accelerate the process of getting edge data to the cloud, enabling enterprises to achieve the value of IoT for the industry 4.0 world, the company added.

Sierra Wireless (SWIR) also said it will migrate its existing cloud infrastructure from AWS to utilize Azure's full complement of cloud services.

Azure IoT Central is a software-as-a-service (SaaS) solution that lets customers build and deploy production-grade IoT applications in hours without cloud computing experience or specialized skills, according to the statement.

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