Recognizes ORBCOMM’s turn-key AssetWatchTM Mining platform for technological advancement and creativity in the IoT market
Rochelle Park, NJ, May 16, 2017 - ORBCOMM Inc. (Nasdaq: ORBC), a leading global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, announced today that it has received the 2017 IoT Innovations Award from Connected World magazine for its turn-key AssetWatchTM Mining platform. By combining Real-Time Location Systems (RTLS), condition monitoring sensors, mobile devices and Cloud computing/analytics, ORBCOMM AssetWatch Mining enables comprehensive enterprise asset management for mine operators.
ORBCOMM AssetWatch Mining offers mission-critical visibility to enterprise assets whether they are above or below ground. From workers and railcars to trucks and miscellaneous machinery, AssetWatch Mining offers a single platform from which business owners and operators can get a unified, real-time view for monitoring mining assets. For mining operations and others that require underground work, the solution provides value by collecting and delivering real-time location, condition and activity data from assets as they move above and below ground. AssetWatch customers benefit by enhancing all areas of their operations, including production, vehicle fleet utilization, maintenance, and, most importantly, worker safety.
Built on ORBCOMM’s proprietary IoT software platform, the AssetWatch Mining solution is compatible with widely used underground Wi-Fi networks from Cisco Systems. AssetWatch Mining leverages ORBCOMM’s IoT stack to integrate various wireless devices from the field, including Bluetooth, Wi-Fi, cellular, satellite and RFID (radio-frequency identification), in conjunction with Cisco’s Wi-Fi networks and then transport data into a Cloud-based solution.
“As a leader and innovator in industrial IoT, ORBCOMM continues to develop stand-out technology solutions that transform how our customers operate their business and stay connected to their assets,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “ORBCOMM’s single-source AssetWatch Mining solution provides visibility and insight into mining operations through above and underground asset monitoring, which enables better decision making, asset utilization and emergency response.”
“Whether it’s vehicle tracking, people tracking, worker safety, sensor device integration, production tracking, or ventilation-on-demand, ORBCOMM’s AssetWatch Mining offers one of the industry’s most robust enterprise asset tracking solutions from a single platform,” said Peggy Smedley, Editorial Director of Connected World.
About ORBCOMM Inc.
ORBCOMM Inc. (Nasdaq: ORBC) is a leading global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions and the only commercial satellite network dedicated to M2M. ORBCOMM’s unique combination of global satellite, cellular and dual-mode network connectivity, hardware, web reporting applications and software is the M2M industry’s most complete service offering. Our solutions are designed to remotely track, monitor, and control fixed and mobile assets in core vertical markets including transportation & distribution, heavy equipment, industrial fixed assets, oil & gas, maritime, mining and government.
With nearly 20 years of innovation and expertise in M2M, ORBCOMM has more than 1.77 million subscribers with a diverse customer base including premier OEMs such as Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery Co., Ltd., John Deere, Komatsu Ltd., and Volvo Construction Equipment, as well as end-to-end solutions customers such as C&S Wholesale, Canadian National Railways, CR England, Hub Group, KLLM Transport Services, Marten Transport, Swift Transportation, Target, Tropicana, Tyson Foods, Walmart and Werner Enterprises. For more information, visit www.orbcomm.com.
About Connected World Magazine
Connected World is the business and technology publication that provides the intelligence industry titans need and the guidance consumers crave. It’s all about M2M. connectedworld.com.
Certain statements discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to our plans, objectives and expectations for future events and include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Such forward-looking statements, including those concerning the Company’s expectations, are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from the results, projected, expected or implied by the forward-looking statements, some of which are beyond the Company’s control, that may cause the Company’s actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. In addition, specific consideration should be given to various factors described in Part I, Item 1A. “Risk Factors” and Part II, Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and elsewhere in our Annual Report on Form 10-K, and other documents, on file with the Securities and Exchange Commission. The Company undertakes no obligation to publicly revise any forward-looking statements or cautionary factors, except as required by law.
Michelle Ferris, Director of Corporate Communications
For Trade Media:
Sue Rutherford, VP of Marketing