Sierra Wireless (NASDAQ:SWIR) (TSX:SW), the leading provider of fully integrated device-to-cloud solutions for the Internet of Things (IoT), has announced that International Vending Alliance (IVA), the largest global network with 1.9 million vending machines in more than 70 countries, has selected Sierra Wireless´ Smart SIM and AirVantageÂ® IoT Platform to revolutionize vending service delivery, the company said.
One hundred million customers interact with IVA vending machines daily, but the vending experience has remained largely unchanged for the last 25 years. IVA´s smart “black box” solution, powered by Sierra Wireless IoT Services, is transforming the vending industry by enabling new business models and customer experiences, including cashless payment, touch screens, targeted advertising, online monitoring and more efficient management.
Sierra Wireless´ Smart SIMs offer global coverage, allowing IVA to use a single SIM across its worldwide network. The SIMs are integrated with the AirVantage IoT platform to manage subscriptions and connectivity and to monitor connectivity services. By connecting and collecting data from its retail assets, IVA can now provide transformative services, such as preventative maintenance, restocking optimization, automated merchandising, advertising, loyalty programs and more.
IVA´s solution integrates Sierra Wireless IoT services with Smart Retail Solutions B.V.´s platform for the Retail, Hospitality, Beverage, and CPG industries.
Founded in 2002, the International Vending Alliance (IVA) has grown to become the largest single vending network globally. I´s network covers more than 70 countries with an install base more than 1.9 million machines. The network consists of regional leading companies in vending and micro market services. For more information, visit: http://ivavending.com.
Sierra Wireless is an IoT pioneer, empowering businesses and industries to transform and thrive in the connected economy. For more information, visit www.sierrawireless.com.