Emerging Technology

IoT strategy consulting firm Oxelar taps Octave to cut time to value for Thermigas' preventive maintenance Industrial IoT application by 600 percent

Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider, today announced that Thermigas is using Octave™ , its all-in-one edge-to-cloud solution, to increase uptime and reduce maintenance costs for industrial water heaters. Using Octave, IoT services & strategy consulting firm Oxelar developed and deployed a preventive maintenance Industrial IoT (IIoT) application in less than two months. By connecting its water heaters to the cloud, the application alerts Thermigas and its customers if one of these heaters needs a settings adjustment or other maintenance to prevent downtime.

Patrice Le Du, Thermigas CEO, said: "Our water heaters are business critical. If they stop working, our customers have to shut down their production lines. We've been trying to develop a predictive maintenance IIoT application to guarantee our water heaters' reliability for years. But connecting our water heaters to the cloud was more challenging than we expected, and we didn't make the progress we needed to. That changed this year. Using Octave, Oxelar delivered a working prototype at a speed we didn't think was possible. Launching this application is a significant achievement that will drive improvements in uptime of our water heaters, cut our maintenance costs, and create a new revenue stream for our company."

Reducing Equipment Downtime with Preventive Maintenance

Thermigas' industrial water heaters are used by its customers to process food, chemicals, and pharmaceuticals, as well as to treat or clean industrial surfaces. Even a few minutes of downtime can stop the customers' production lines, costing them thousands of euro for short stoppages and even higher losses for longer ones.

The new preventive IoT platform developed and managed by Oxelar extracts temperature, pressure, and other data from Thermigas' industrial water heaters and orchestrates its integration into the cloud. If this data indicates a problem, the cloud-based IIoT application then sends real-time alerts (via email and/or SMS) to Thermigas and the customer, informing them that they need to act to prevent equipment downtime. For example, customers can avoid downtime by logging into the IIoT application to remotely adjust the heater's settings, manually do maintenance themselves, or schedule a maintenance visit by a Thermigas technician.

Improving Loyalty, Lowering Costs, and Creating Revenue with Industrial IoT

Thermigas' industrial water heaters are extremely reliable, with average uptimes higher than 99.9 percent. However, considering how business-critical the heaters are for its customers, Thermigas has been exploring how to use the IIoT to further increase that uptime percentage since 2016. Such an IIoT application would boost customer loyalty and satisfaction by increasing water heater reliability, but it would also allow Thermigas to ensure their water heaters are working properly prior to annual inspections by government inspectors. This would cut their costs by reducing the need to send service technicians to customers' facilities prior to inspections.

Additionally, Thermigas planned to create new, recurring revenue by providing customers with predictive maintenance as a service, since it would lower its customers' total cost of ownership.

Building and Commercializing an Industrial IoT Application In Less Than Two Months

For more than four years Thermigas struggled to build this application from scratch, with the extraction of data from its water heaters' controllers, sensors, and other Operational Technology (OT) systems in particular causing them problems.

Thermigas recently partnered with Oxelar to help them find a way to overcome the barriers that were preventing them from launching a predictive maintenance application. Oxelar initially estimated it would take six to nine months for it to build the IIoT infrastructure needed to extract data from Thermigas' water heaters and integrate it into the cloud.

However, Oxelar then tested Octave, and realized that the Modbus protocol and APIs built into the edge-to-cloud solution would allow them to easily extract data from Thermigas' OT systems. With Octave, Oxelar was able to move from the start of application development to deployment of a commercial application prototype in less than eight weeks. Having rigorously tested the application with one of their largest customers, Thermigas currently plans to make its new predictive maintenance IIoT application generally available to all its customers in January 2021.

François Dumoulin, Oxelar CEO, said: "We have been working with customers for years on IIoT applications for remote monitoring of industrial equipment. It can take months to have the software written and to assemble the other infrastructure needed to extract, orchestrate, and act on data from this equipment. Sierra Wireless Octave simplifies this entire process. We plugged the Octave FX30 IoT gateway into the Thermigas water heater's controllers and sensors, and were able to begin extracting data almost immediately. We are already looking at more opportunities to use Octave to provide our customers with even higher return on their IIoT investments."

Freeing Firms to Focus on Industrial IoT Data, Not Infrastructure

In addition to reducing time to value for the application, with Octave Thermigas can send firmware and application updates over the air to their water heaters, making it easy for them to update the application with new energy efficiency and other capabilities over time.

Octave also offers Thermigas predictable message-based pricing, allowing them to accurately estimate their data transmission costs, and extensive wireless coverage, thanks to its ability to automatically connect to the best available 2G or LTE-M Low Power Wide Area (LPWA) network in an area.

Olivier Pauzet, VP Product IoT Solutions at Sierra Wireless, said: "For years, Thermigas' efforts to create smart, IIoT-enabled assets has been hampered by complexity. This happens to too many companies, and its why we introduced Octave. By freeing Oxelar from having to worry about how to extract data from Thermigas' water heaters and orchestrate its integration into the cloud, they could focus on using this data to predict when these heaters might need maintenance. With Octave companies can stop dreaming of how they will use the IIoT to transform their business – and start doing it."

Visit the Octave case studies section of the Sierra Wireless website to learn more about how IoT developers and industrial companies have used Octave to build IIoT applications that have transformed their business.

About Thermigas

Founded in 1989 and headquartered in Lamballe, France Thermigas Chauffage Industriel S.A.S is a worldwide leader in decentralized liquid-heating products for industrial processes. It owes its success to its products' reliability as well as to its innovation, which has enabled it to develop new products, including process air-heating burners to dry parts and food. For more information, visit http://thermigas.eu/en/ .

About Oxelar

Oxelar is an IoT Services & Strategy Consulting company created in 2013 by two former M2M specialist consultants who worked for Service Operators. It proposes IoT Managed Services through its offer IoT-as-Services for Industrial. Its objective is to make IoT as simple as possible. It also provides digital & organization transformation and legal dedicated to IoT. For more information, visit www.oxelar.com .

About Sierra Wireless

Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is the leading IoT solutions provider that combines devices, connectivity and cloud management to unlock maximum value in the connected economy. Companies globally are adopting IoT to improve operational efficiency, create better customer experiences, improve their business models and create new revenue streams. Whether it is a solution to help a business securely connect edge devices to the cloud, or a software/API solution to manage processes associated with billions of connected assets, or a platform to extract real-time data to make better business decisions, Sierra Wireless will work with you to create the right industry-specific solution for your next IoT endeavor. Sierra Wireless operates a 24/7/365 Global Network Operation Center (GNOC) and R&D centers in North America, Europe and Asia. For more information, visit www.sierrawireless.com .

Connect with Sierra Wireless on the IoT Blog at http://www.sierrawireless.com/iot-blog , on Twitter at @SierraWireless, on LinkedIn at http://www.linkedin.com/company/sierra-wireless and on YouTube at http://www.youtube.com/SierraWireless .

Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply conditions, channel and end customer demand conditions, revenues, gross margins, operating expenses, profits, and other expectations, intentions, and plans contained in this press release that are not historical fact. Our expectations regarding future revenues and earnings depend in part upon our ability to successfully develop, manufacture, and supply products that we do not produce today and that meet defined specifications. 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. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in the wireless data communications market. In light of the many risks and uncertainties surrounding the wireless data communications market, you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized.

Kim Homeniuk
Sierra Wireless
Media Relations
phone: +1 604 233 8028

David Climie
Sierra Wireless
Investor Relations
phone: +1 604 321 1137

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Semtech Corporation to Acquire Sierra Wireless

Creating a comprehensive IoT platform to enable the transformation to a smarter, more sustainable planet

  • Brings together the ultra-low power benefits of LoRa® with higher bandwidth capabilities of cellular for easy to use, interoperable solutions that enable innovation and growth for IoT globally
  • Expected to approximately double Semtech annual revenue and add greater than US$100 million of high margin IoT Cloud services recurring revenues
  • Expected to expand Semtech's IoT SAM by approximately 10x to US$10 billion by 2027
  • Expected to be immediately accretive to Semtech's non-GAAP EPS before synergies and generate US$40 million of run-rate operational synergies within 12-18 months post-close

Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, and Sierra Wireless, Inc. (Nasdaq: SWIR) (TSX: SW), a world-renowned Internet of Things (IoT) solutions provider, today announced a definitive agreement under which Semtech will acquire all outstanding shares of Sierra Wireless for US$31 per share in an all-cash transaction representing a total enterprise value of approximately US$1.2 billion, subject to customary closing conditions. The acquisition will significantly expand Semtech's addressable market and is expected to approximately double Semtech's annual revenue and create a strong and diverse portfolio of connectivity solutions for the growing IoT market, making it easier for customers to find innovative end to end solutions for any segment. The deal is also expected to be immediately accretive to Semtech's non-GAAP EPS before synergies and generate US$40 million of run-rate operational synergies within 12-18 months post-transaction close.

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For the second quarter of 2022, preliminary revenues are expected to be between $185 million and $189 million. Adjusted EBITDA* is expected to be between $21 million and $23 million, as compared to first quarter 2022 adjusted EBITDA* of $15.8 million.

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No assurance can be given that the Company will determine to continue such discussions or enter into any definitive agreement regarding any transaction or, if executed, whether any such transaction would be consummated. The Company does not intend to make any further press release or announcement regarding these matters unless and until it enters into a binding, definitive agreement with respect thereto.

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New Accreditation Enables BlackBerry QNX to More Rapidly Deploy Safe and Secure Software for Mission-Critical Systems

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NETA AUTO selects BlackBerry QNX to Power the NETA S, Next-Generation EV Sedan for the Chinese Market

BlackBerry Limited (NYSE: BB; TSX: BB) and HOZON NEW ENERGY AUTOMOBILE CO., LTD. (HOZON) today announced that NETA AUTO, China's EV brand owned by HOZON, has selected BlackBerry QNX technology to power its soon-to-be-produced futuristic sports sedan, the NETA S . The deployment will ensure the functional safety, cybersecurity and reliability of the vehicle's critical systems while providing users with an engaging, immersive, and digital-first driving experience.

BlackBerry Logo Black (PRNewsfoto/Blackberry Limited)

As part of the agreement, the NETA S will use the BlackBerry QNX® Neutrino® RTOS and QNX® Hypervisor for the vehicle's new intelligent technology cockpit, the 'NETA SPACE'. In addition, NETA AUTO's full-stack NETA PILOT 3.0 intelligent ADAS technology will also feature the QNX® OS for Safety , helping realize intelligent assisted driving in multiple scenarios.

"We are pleased to partner with NETA AUTO to create a next-generation digital cockpit system and intelligent driver assistance system for the NETA S. Since its inception, NETA AUTO has always pursued the development of high-quality vehicles featuring both innovation and technology," said Dhiraj Handa , VP, Asia-Pacific , BlackBerry Technology Solutions. "BlackBerry is pleased to empower China's new energy automotive brands with our latest technologies, helping NETA AUTO to expand its footprint for the future of safe & secure mobility."

"The NETA S is a representative of NETA AUTO's level of technical strength and is dedicated to bringing the sedan to millions of homes with new levels of safety, security, comfort & connectivity. BlackBerry is the industry leader in automotive embedded systems, providing us with a safety-certified software foundation, " said Zhang Qi, Executive Vice President of Intelligent Institution, Neta Auto. "In the future, NETA AUTO will continue to collaborate with BlackBerry to bring more convenient, enriched and intelligent automotive life experiences to our customers."

The NETA S has a digital design style that fully demonstrates the power and athleticism expected of a sports sedan. The interior of the model features a stunning advanced intelligent cockpit with a large 17.6-inch central touchscreen, allowing the driver to receive important information via the minimalist display located behind the steering wheel or from the AR head-up display. Additionally, the front passenger also has an exclusive 12.3-inch passenger infotainment screen. Additional highlights of the NETA S include heated and ventilated massage seats, as well as headrest speakers, with a further 21 speakers installed throughout the car to provide an enjoyable acoustics experience for all passengers.

The NETA S is armed with the 3rd Generation Snapdragon Automotive Cockpit Platform and the highly reliable BlackBerry QNX Neutrino RTOS and QNX Hypervisor, which allows for scalability and flexibility in its intelligent NETA SPACE . The QNX Hypervisor can consolidate multiple systems with mixed-criticality and different operating environments onto a single hardware platform, effectively reducing both the model's initial development and long-term costs of ownership, while still ensuring industry-leading safety and security.

About BlackBerry

BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including 215M vehicles. Based in Waterloo, Ontario , the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy solutions, and is a leader in the areas of endpoint security, endpoint management, encryption, and embedded systems.  BlackBerry's vision is clear - to secure a connected future you can trust.

BlackBerry. Intelligent Security. Everywhere.

For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

About HOZON New Energy Automobile Co., Ltd.

HOZON is an innovation-drive tech company that integrates the hardware products and software services based on the R&D innovation, intelligent manufacturing and multi-channel sales service. NETA AUTO, a car brand affiliated to HOZON. NETA AUTO's vision is to "make high-quality intelligent NEVs available for all". It shoulders the responsibility of breaking the norm to make travel more comfortable with innovative technologies and operates with the aim to be a popularizer of intelligent vehicles. Focusing on products and advanced technologies, NETA AUTO is dedicated to promoting continuous evolvement of electric vehicles and playing a leading role in future technology development trends.

NETA AUTO's core technologies are derived from Yangtze Delta Region Institute of Tsinghua University, Zhejiang . Currently, the company has cultivated competitive advantages in auto intelligent cockpit, which is called NETA SPACE , autonomous driving, technologies of electrical machine, battery, and electrical control system, etc. and accumulatively applied for over 1,000 patents.

In June 2022 , NETA AUTO delivered 13,157 vehicles, with an increase of approximately 156% YOY, an increase of approximately 20% from May 2022 , achieving a sales volume increase for 24 consecutive months since July 2020 . Specifically, the sales volumes in June 2022 of NETA V and NETA U PRO were 9,147 units and 4,010 units respectively. Moreover, the total sales volume of NETA AUTO in the first half of 2022 was 63,131 units, an increase of approximately 199% from the same period last year.

As a leading force among Chinese NEV manufacturers, NETA AUTO has further increased market share of "Made in China " products in the intelligent manufacturing and new energy field, and strengthened Chinese brand value around the globe.

Media Contact:
BlackBerry Media Relations
+1 (519) 597-7273

NETA Auto Media Relations

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SOURCE BlackBerry Limited

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