Sierra Wireless is wired for growth

As a market leader surfing the Internet of Things theme, Canadian-based Sierra Wireless is a stock to hold for the long term.

Summary: The Internet of Things – where sensors and actuators are embedded in machines and other objects to bring them into the connected world – is not a new term. Manufacturers have been introducing such devices since the start of the century, but they didn’t catch on. The advent of smartphones, however, has accelerated their development – and listed companies are beginning to reap the benefits. One such company is Sierra Wireless, which has quietly become the global leader in the embedded modular market for machine-to-machine cellular devices.

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