BeWhere Partners with Bell & Huawei on Internet of Things (IoT) Solution1 min read
In this interview, Alexander Smith travels to Toronto to visit Internet of Things company BeWhere. BeWhere (BEW: TSXV) is our featured IoT or Internet of Things company on the TSX Venture. Click here to read our introductory report on the company titled Our New Favourite Industry to Invest In… BeWhere revenues are rising and turning heads all across Canada as it trades heavy volume…
BeWhere Revenues increase 804% Year-Over-Year in Q3
BeWhere built its revenue within the Low Powered Bluetooth beacon market; and is positioned to benefit from the forecasted growth in both sub-sectors of the IoT market: LPWAN and Bluetooth beacon.
On November 22nd BeWhere reported revenues increased by over 804% year-over-year for the nine-month period, and 75% quarter over quarter. The young tech company is Bell’s Canadian partner for its LTE-M expansion plan. BeWhere is also working with China’s Huawei for smart city applications and Brink’s for asset tracking and security.
On November 9th, Bell announced it has partnered with BeWhere Technologies and Huawei to implement an automated Internet of Things (IoT) solution for the Henry of Pelham vineyard to help improve planning and sustainability programs.