BeWhere Partners with Bell & Huawei on Internet of Things (IoT) Solution

In this interview, Alexander Smith travels to Toronto to visit Internet of Things (IoT) company BeWhere. BeWhere (BEW: TSXV) is our client and featured IoT 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 increase 804% Year-Over-Year in Q3

BeWhere built its revenue within the Low Powered Bluetooth beacon market; and is positioned to potentially benefit from the forecasted growth in two 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 with 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.