03.15.19
Due to IIoT products and services rising across the globe, Advantech successfully achieved its goal of double-digit US dollar revenue growth for two consecutive years (2017-2018).
Going forward, the company aims to popularize, promote, and share the WISE-PaaS IoT software platform with key players in the global IIoT ecosystem to add unique value to its IoT hardware solutions. Also, Advantech will continue integrating internal and external resources to strengthen its WISE-PaaS IoT software platform package.
The company looks forward to endorsing the implementation of IIoT across a variety of industries and will use the WISE-PaaS IoT software platform as a catalyst to enhance the value of IoT hardware solutions in the field.
“The software platform plays an indispensable role in the process of popularizing the Internet of Things,” said Allan Yang, CTO of Advantech. “In 2019-2020, Advantech’s WISE-PaaS platform will enter the phase of popularization and expansion of the brand in markets around the world and looks forward to reaching the goal of more than 1,000 customers and partners joining the WISE-PaaS software platform by 2021. In certain fields such as smart factories, energy and environmental protection, smart hospitals, and smart cities, Advantech will strategically invest in IoT integrators to act as software and hardware integration platform providers and partners to accelerate the third wave of growth in IoT.”
Advantech’s North America business resumed its growth momentum in the second half of 2017, where annual revenue for 2018 increased by 13% to reach US$445 million.
Going forward, the company aims to popularize, promote, and share the WISE-PaaS IoT software platform with key players in the global IIoT ecosystem to add unique value to its IoT hardware solutions. Also, Advantech will continue integrating internal and external resources to strengthen its WISE-PaaS IoT software platform package.
The company looks forward to endorsing the implementation of IIoT across a variety of industries and will use the WISE-PaaS IoT software platform as a catalyst to enhance the value of IoT hardware solutions in the field.
“The software platform plays an indispensable role in the process of popularizing the Internet of Things,” said Allan Yang, CTO of Advantech. “In 2019-2020, Advantech’s WISE-PaaS platform will enter the phase of popularization and expansion of the brand in markets around the world and looks forward to reaching the goal of more than 1,000 customers and partners joining the WISE-PaaS software platform by 2021. In certain fields such as smart factories, energy and environmental protection, smart hospitals, and smart cities, Advantech will strategically invest in IoT integrators to act as software and hardware integration platform providers and partners to accelerate the third wave of growth in IoT.”
Advantech’s North America business resumed its growth momentum in the second half of 2017, where annual revenue for 2018 increased by 13% to reach US$445 million.
