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Bewhere Holdings Inc V.BEW

Alternate Symbol(s):  BEWFF

BeWhere Holdings Inc. is a Canada-based is a mobile Internet of things (M-IOT) solutions company. The Company focused on designing and selling hardware with sensors and software applications to track real-time information on non-powered fixed and movable assets, as well as monitor environmental conditions. The Company develops mobile applications, middle-ware and cloud-based solutions that stand-alone or that can be readily integrated with existing software. Its solutions serve two main markets Asset Tracking remote location tracking various assets such as trailers, dry vans and Connected Sensors of to remotely track sensors information on non-powered fixed and movable assets. The Company’s devices use the latest available cellular technologies (LTE-M and NB-IoT) to transmit collected data into mobile applications and cloud-based platforms. The Company also offer solutions that can be integrated with existing software and white-labeled.


TSXV:BEW - Post by User

Bullboard Posts
Comment by sportguy98on Nov 14, 2017 12:03pm
132 Views
Post# 26960112

RE:Like BEW? One Should Look at TRAK.

RE:Like BEW? One Should Look at TRAK.It's actually not that similar. I don't know Trakopolis all that well, but they are more on the software side, i.e. the interfacing with IoT or telematics devices, and analytics of asset tracking / monitoring. It looks like they are doing decent, but the quarterly cash burn is seriously high... Not to mention the majority of their sales are H/W sales. Until their recurring revenue base is large enough, they are suspetible to large quarterly variances in revenues due to the H/W portion.

BeWhere is at the forefront of the LPWA (low-power wireless area) market, which is a brand NEW market. Traditional IoT devices connect to the cloud via WiFi whereas with LPWA (aka LTE-M / NB-IoT) the devices connect directly to cell towers. As such, the IoT devices can roam about in the world and send data sensor wherever they are as long as they have a cell tower to connect to -- this is called "open-loop". Traditional IoT devices or RFID or Bluetooth beacons have "closed-loop" applications, e.g. they monitor the same area all the time. The carriers are highly interested in having IoT devices connect to their networks because they get a monthly connection fee for every device. That's partially why the LPWA market is going to be huge, and the other reason is for "open-loop" possibilities.


Bullboard Posts