Telit Communications Share Discussion Threads

[timmy11] 28/2/2017 15:57

At the Nokia booth (Hall 3 / Stand 3A10), Telit is featured in a gas metering application that monitors and analyzes gas flow and usage, powered by Telit

[timmy11] 28/2/2017 07:20

Telit Communications PLC

28 February 2017

RNS Reach

28 February 2017

Telit Communications PLC

Mobile World Congress announcements

London and Barcelona, February 28, 2017 - Telit Communications PLC, (AIM: TCM, the Group, "Telit"), a global enabler of the Internet of Things (IoT), has made a number of significant product, services and partnership announcements during MWC, this week.

The Group has published the following press releases:

-- Demonstrating the business value of IoT
-- Expand collaboration on pan European broadband IoT services with Tele2
-- Simplifies IoT Deployment with single form factor LPWAN, WLAN, and WPAN IoT Modules
-- Demonstrate real-time industrial IoT data collection solution
-- Expands connectivity management dash boarding functions on the IoT Portal
-- Unveils Bluetooth 5 module
-- Demonstrate multiple live network applications around NBIoT with Ericsson, Intel, Nokia and Telefonica

Full announcements can be found at the following link: hxxp://www.telit.com/press-media/

Oozi Cats, CEO at Telit, commented:

"These announcements demonstrate our momentum and leading market position in IoT. Our ability to provide an end-to-end solution and innovation to our customers around the world is being continuously enhanced by product upgrades and the widening of our ecosystem and partners."

Telit's stand at Mobile World Congress (February 27 - March 2, 2017) is in Hall 5, b

[timmy11] 27/2/2017 14:44

27/02/2017 2:30pm
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Low power xE866 family of swappable modules now includes NB-IoT, LoRa combined with Bluetooth Low Energy (BLE), and Wi-Fi

Telit, a global enabler of the Internet of Things (IoT), today announced that it has expanded its popular xE866 family of high performing, low power modules to meet the needs of an even broader range of IoT applications. The additions mark the industry’s only offering of a module family in a single LGA form factor to offer multiple Low Power Wide Area (LPWA) connectivity options as well as Wireless Personal Area Networking (PAN) short range wireless technologies and Wireless Wide Local Area network (WLAN).

“Telit is the preferred supplier for multi-national customers implementing IoT solutions worldwide because of the many ways we partner with them to devise enduring IoT-based business solutions - we call it Telit IoT Know How. An element of that is Telit’s design-once-use-anywhere philosophy that, along with other customer-value centric directives, guides our modules development,” said Ronen Ben-Hamou, Telit Executive Vice President of Products and Solutions. “By extending this product family to support more new and rising IoT standards like LoRa, NBIoT, Wi-Fi, in combination with our Telit IoT Platforms and IoT Connectivity, we are establishing the xE866 as the go-to data communication module for applications in the most varied environments.”

IoT solutions, many of which are battery-dependent, are deployed in various environments that demand different technologies, such as smart buildings and cities, tracking and telematics, healthcare, and remote monitoring including smart meters in the utilities sector. The xE866 modules enable companies to easily add any number of popular low power wireless connection to their IoT innovation, without the need to modify their designs to accommodate each new standard—all while extending the battery life of devices. With this approach, an application designed for use in an environment that is best suited for the licensed spectrum 3GPP standard Narrow Band IoT (NB-IoT) could easily be deployed in another environment better suited for unlicensed band proprietary LoRaWANTM, with little to no impact.

“Smart metering, for example, often requires a single meter control board and application software that can easily be used to support utilities needing a mix of coverage types,” Ben-Hamou continued. “By offering every trending connectivity technology, we are ensuring that we can meet our customers’ diverse challenges, while helping them keep operating, development and future upgrade costs down.”

The ultra-compact family already well adopted in the market with long-standing GE866 2G/GPRS and UE866 3G/UMTS series, now includes LTE Cat 1, NB-IoT, LoRa in combination with BLE and Wi-Fi models —all with a common AT command set and additional unique features. The xE866 family form factor follows a nested scalability concept with models from 15x19mm to 15X25mm respecting pin out compatibility.

Telit xE866 Single Form Factor LPWAN, WLAN, and WPAN Modules:

[timmy11] 27/2/2017 14:09

27/02/2017 2:00pm
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Miniature machines will let participants experience real-world interaction between the physical world and digital world

Telit, a global enabler of the Internet of Things (IoT), today announced that it will be demonstrating how companies can utilize deviceWISE factory solutions to deploy Industrial Internet of Things (IIoT) solutions quickly and without custom coding. Widely accepted by leading fortune 500 customers for the past 10 years – from Honda, to John Deere, and Johnson & Johnson Vision Care – it provides an answer to the challenge companies are facing when implementing new IIoT projects that integrate with in their automated factories.

The booth features a fully-operational-live-miniature factory which participants can interact with to see how the physical world interacts with the digital world. The miniature machines in the factory demo are controlled by programmable logic controllers (PLCs) and move products through a variety of stations all monitored and controlled by the Telit deviceWISE IoT software platform. On desktop and mobile devices, users can view real-time data being tracked, monitor the machines, control the machines, and analyze data in real time.

The deviceWISE factory solution platform serves IIoT and Industry 4.0 applications. It is deployed via an on-premise architecture. It features native PLC to IT connectivity and extends to secure, audited bi-directional communication outside of the factory. The demonstration will include both on-premise use cases as well as cloud applications.

Via the demo, event participants can experience firsthand how Telit’s products and services transform silos of business layers into a cohesive, connected enterprise. This moves companies into an Industry 4.0 business model. By converging the plant floor, top floor (ERP) and cloud, companies can interface in real time with customers, suppliers, and the rest of their ecosystem.

Traditionally, to make this convergence happen, customers need a broad range of products, such as on-premise software, cloud connectivity options, data plans, SIM modules, firewalls and more. This broad range of needs requires deep knowledge in many areas as well as a significant effort of integration. This slows a company’s progress to Industry 4.0. Telit answers this challenge by being the leading single-point of contact to bridge the IIoT knowledge and technical gaps. Knowing they can turn to Telit for any IIoT challenge, companies are confident they can turn any business idea into reality. This frees up companies to focus on what they are good at – serving their customers better by creating better products and services.

“Our goal is that anyone can come to Telit, and we’ll help them get their IIoT project off to a great start, with a solid foundation – and be there with them every step along the way while their deployment grows,” said Dubi Margalit, General Manager for Factory Solutions at Telit. “We’ve removed the custom programming challenge, which has always held back progress in connecting to the variety of legacy devices on the plant floor. Our users need not worry about the technical issues anymore. This frees them up to focus on conceiving new ideas for their business, because they have the confidence that they can turn them into reality.”

Telit will demonstrate their end-to-end Internet of Things solutions in hall 5 booth E61 during Mobile World Congress February 27 to March 2 in Barcelona, Spain.

About Telit

[bazildonbond] 25/2/2017 06:09

The final dividend is estimated to be around 5 US Cents, after paying 2.5 cents at the interim, so approx 7.7 US Cents total for the year.

[timmy11] 24/2/2017 15:45

last year was 6 cents

but now pound is weaker

[timmy11] 24/2/2017 15:41

any guesses on how much dividend will be paid?

[timmy11] 24/2/2017 15:38

Both companies will present new Pan-European LTE offering at Telit booth at Mobile World Congress 2017 in Barcelona

Telit, a global enabler of the Internet of Things (IoT), today announced it is expanding the collaboration with Tele2 on Pan-European LTE IoT connectivity services. Telit and Tele2 now offer custom data plans with predictable pricing, no hidden fees or roaming charges for high bandwidth IoT applications, such as video monitoring, digital signage or real-time asset tracking – with LTE connectivity across the entire EU. These new high data roaming packages range from 50MB to 2GB per month and include a 100MB free trial.

“Telit Pan EU proved to be the most comprehensive offering for IoT Connectivity in the market, thanks to superior roaming performance with tier 1 MNOs, simple pricing and with unmatched connectivity management tools,” said Sammy Yahiaoui, Vice President IoT Services Sales EMEA at Telit. “With extended LTE coverage, we are enabling new types of applications and assisting customers that need to migrate their current design from 2G to 4G.”

Customers can manage their entire IoT deployment via the easy-to-use Telit IoT Portal, which includes comprehensive connectivity management tools for connection provisioning, operation and analysis across wireless networks - increasing performance and reducing cost. The new Pan-European broadband offering supports Optimus, Telit’s retroactive billing optimization engine. With Optimus, customers can automatically have their SIMs retroactively assigned to the best monthly broadband subscription (for example 50MB, 100MB, 250MB), thereby saving operation cost and avoiding bill shock.

Roar Bolt-Hansen, Sales Director at Tele2 IoT comments, “With more and more applications requiring a higher bandwidth, in all different verticals, we strongly believe in these LTE roaming plans that we are now offering in partnership with Telit. The customer need is there and this is yet another example on how we can create great value together with our partners.”

[bbluesky] 21/2/2017 09:55

Anybody notice that SWIR has gone from 14 to 28 since November. Last quarter results were very good.

[owenski] 20/2/2017 08:38

short positions on TCM still increasing

[timmy11] 14/2/2017 15:43

Telit Modules Selected by Market Leader Cartrack to Accelerate Global Expansion

14/02/2017 2:00pm
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Today : Tuesday 14 February 2017

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Telit cellular and positioning modules enable Cartrack’s new generation of telematics and wearable devices for vehicle tracking, fleet management, stolen vehicle recovery and insurance telematics

Telit, (AIM: TCM) a global enabler of the Internet of Things (IoT), today announced that telematics industry leader Cartrack Holdings Ltd. (JSE: CTK) selected Telit’s cellular and positioning module technology for a new generation of personal and in-vehicle service devices. Through this partnership, Cartrack will accelerate global expansion plans by delivering enhanced telematics services enabled with modules from Telit’s future-proof, globally certified product line.

Research analysts forecast bullish growth for the entire telematics industry with a 29% compound annual growth rate over the next five years (P&S Market Research 2016). The path to international market development is complex and can be challenging for many companies that are faced with international compliance barriers and diverse offerings dependent on cellular and location based technologies which are constantly evolving.

“Given that the telematics space is so under penetrated and that Cartrack is undergoing consistent rapid growth in new markets, we need a strong and reliable component supplier totally committed to growing with us,” said Zak Calisto, Cartrack, Global CEO. “Our decision to use Telit modules in the Cartrack technology was based on the improved connectivity and robust location-based features in the Telit components. The Cartrack technologies allow fleet owners to manage and optimize the different vehicle brands and support the on-going evolution of our portfolio. Now, we will also extend the reach and meet the demands of new market opportunities, such as the United States and New Zealand.”

The appointment of Telit as the preferred technology supplier will enable Cartrack to accelerate expansion with deployment of a new generation of devices that are smaller, richer in features and are internationally certified with regulatory bodies and cellular operators in the company’s target geographies and markets. The new in-vehicle and personal, wearable devices at the heart of Cartrack’s innovative services offerings will integrate Telit cellular modules from the xE866 compact form factor family as well as SL871 or SE873 multi-constellation positioning receiver modules that deliver extended reach in difficult areas.

“Cartrack, ranked as a tier one leader in the telematics space, is entering an exciting period of expansion and leadership and we are proud to be selected as the technology partner,” said Tomer Lavie, Telit Vice President, EMEA Sales. “We are committed to working side by side with the Cartrack’s R&D team now and in years to come to support its business objectives while unlocking innovation opportunities, including wearables that are designed to complement and enhance the overall user experience within in their target segments.”

About the Selected Telit Products

The xE866 is the smallest form factor in the Telit cellular module portfolio. It includes miniaturized cellular modules ranging from 2G to 3G and 4G with a maximum footprint of less than 400 square millimeters all featuring low-power modes and high radio performance.

The SE873 is Telit's smallest flash-based GNSS module. The diminutive 7x7mm footprint makes it ideal for small tracking applications including wearables and battery-life sensitive applications like, personal trackers, bike trackers and OBD dongles. Bundled with the xE866 cellular family, the SE873 offers the market smallest Cellular+GNSS bundle.

The SL871 GNSS module offers best in class power consumption and excellent navigation capability in the industry standard 10.1 x 9.7mm footprint. Compliant with GPS, GLONASS, Compass and Beidou.

About Cartrack

Cartrack is a world-class provider of fleet, mobile asset and workforce management solutions underpinned by real-time actionable business intelligence, delivered as Software-as-a-Service (‘SaaS’), plus the service of tracking and recovery of stolen vehicles. It has a well-established extensive footprint in Africa, Europe and South East Asia and has more recently opened operations in America and New Zealand. Cartrack vehicle tracking and recovery combats vehicle theft in countries where the crime is prevalent. The company was the first in the world to offer a cash back recovery warranty for customers in the unlikely event of non-recovery of monitored stolen vehicles and boast an industry leading audited recovery rate of 94% in South Africa.

About Telit

Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement. The company offers the industry’s broadest portfolio of integrated products and services for end-to-end IoT deployments – including cellular communication modules in all technologies, GNSS, short-to-long range wireless modules, IoT connectivity plans and IoT platform services. Through the IoT Portal, Telit makes IoT onboarding easy, reduces risk, time to market, complexity and costs for asset tracking, remote monitoring and control, telematics, industrial automation and others, across many industries and vertical markets worldwide.

Copyright © 2017 Telit Communications PLC. All rights reserved. Telit and all associated logos are trademarks of Telit Communications PLC in the United States and other countries. Other names used herein may be trademarks of their respective owners.

[beergut] 10/2/2017 08:47

What would Telit be valued at if it was on the NASDAQ?

[arcadian] 08/2/2017 22:15

Cisco and the shares went down. Must have been a very bad deal for TCM.

TCM like it

Charlie McNiff, VP Business Development, Telit IoT Platforms:

"Adding Cisco to our expanding ecosystem of Telit IoT partners is a notable advantage for the industry and our common customers. It will enable us to expand the market reach for both companies in the high-growth industrial IoT market."

Maybe the market is impatient and doesn`t like jam tomorrow.


From TCM

This news was published as an RNS Reach, you can find it in the link below and on our website.

[timmy11] 08/2/2017 21:31

16:42 Telit celebrates as Cisco deploys its software
Internet of Things products supplier Telit Communications announced on Wednesday that its deviceWISE Asset Gateway Software had been validated on the Cisco ISR8x9 and Cisco 4000 families of routers.

[timmy11] 08/2/2017 20:29

Telit Communications PLC



Telit and Yokogawa to collaborate on new IIoT Architecture



London, February 6, 2017 - Telit Communications PLC (AIM: TCM, "Telit", the "Group"), a global enabler of the Internet of Things (IoT), today announced it is collaborating with Yokogawa, a global leader in the industrial automation and control, test and measurement, aviation and other business segments, on a new Industrial Internet of Things (IIoT) architecture.



By combining Telit's robust technological portfolio of communication modules, sensor onboarding, and device management capabilities with Yokogawa's 100+ years of experience in providing devices, analytical instruments and other industrial solutions, Yokogawa will be able to create new value for its customers.



Telit will contribute three critical components to the Yokogawa IIoT Architecture:

· a broad portfolio of wireless IoT communication modules whose common form factors necessitate only one hardware design per global deployment,

· a diverse collection of industrial drivers and edge analytics which enable a robust sensor onboarding capability, and

· powerful connectivity and device management capabilities.



Fred Yentz, CEO of Telit IoT Platforms, commented:



"This collaboration is another good example of our ability to develop technical and operational partnerships with key industry operators in order to widen our end-to-end solution capabilities for all types of enterprises around the world."



Telit technologies integrate seamlessly to Yokogawa's managed cloud architecture, enabling hyper-scale ingestion of millions of events from industrial assets and devices.



Tsuyoshi Abe, Yokogawa vice president and head of the company's Marketing Headquarters, said:



"For its 100th anniversary in 2015, Yokogawa came up with Co-innovating tomorrow as its new corporate brand slogan. Accordingly, we are making efforts to develop new solutions and create new value in collaboration with our customers and partners.



"Telit's expertise in the Industrial Internet of Things segment combined with their outstanding portfolio of Internet of Things technology will allow us to accelerate our development of services. This added agility is exactly what we need to create that value."



Yokogawa and Telit will hold a joint presentation on their IIoT partnership at Telit's IoT Innovation and the IoT Evolution Expo, both occurring February 7 to 10 in Ft Lauderdale, Florida.

[timmy11] 08/2/2017 20:28

Vikas Butaney, General Manager, Cisco IoT Connectivity:



"Telit edge software on Cisco IoT Gateways enables customers and partners to access machine data with a broad range connectors for manufacturing and industrial deployments.



"Cisco has a rich portfolio of industry specific IoT gateways with security, scale, compliance, with 4G LTE, Ethernet and Wi-Fi connectivity options and management to enable customer success for operational deployments. Now, customers have the flexibility to choose the most optimal IoT gateways, with Telit edge software, management and SI partners to deploy Connected Machine use-cases with confidence"



Charlie McNiff, VP Business Development, Telit IoT Platforms:



"Adding Cisco to our expanding ecosystem of Telit IoT partners is a notable advantage for the industry and our common customers. It will enable us to expand the market reach for both companies in the high-growth industrial IoT market."

[timmy11] 08/2/2017 20:27

London, 8 February 2017 - Telit Communications PLC (AIM: TCM, "Telit", the "Group"), a global enabler of the Internet of Things (IoT), announced today that its deviceWISE Asset Gateway Software has been validated on the Cisco® ISR8x9 and Cisco 4000 families of routers. The software is now available as an integrated Cloud-ready Industrial IoT (IIOT) solution.



These highly-secure and ruggedized Industry 4.0 appliances provide edge intelligence for industrial asset management, condition-based monitoring, predictive maintenance and other mission-critical IoT applications across industrial markets around the world.



Telit and Cisco also engaged in a multi-faceted go-to-market collaboration that expands their market reach and readiness for their respective products and services. The deviceWISE Asset Gateway software is a smart agent with an extensive industrial protocol library based on decades of development and experience in the industrial automation space.

[bazildonbond] 07/2/2017 16:37

Sphere how long must we wait for the apology? Up to now your predictions of a major collapse in the share price have proven way off the mark, infact if you shorted when you initially said you would you are deep into the red, along with Enismore, who i can imagine that their exposure to Telit must me mind boggling. I'm sure the MMs and brokers are well aware of the shorters positions and also stand to lose if there is a major collapse, it will be interesting who will endeavour.
Please don't call me Homey.

[sphere25] 06/2/2017 12:16

Homey,

I'm not suggesting the accounting for development costs is incorrect, but I am taking them into consideration in deriving a valuation because these are ongoing recurring costs which will occur year in-year out.

Now perhaps in the future all these development costs will result in revenues that allow the company to generate enough real profit that results in the development expenditure being dwarfed, and thus free cash being generated in bucket loads. At that point, yes of course the bulls will be vindicated.

BUT going on past form that will not happen imo, it's the same year in-year out, no free cash generation. How many years do you want to give them? I don't think they will generate cash or generate enough to justify the valuation. That is the main driver behind why so many funds have gone short here and why they are happy to keep increasing their short.

Ennismore are not distressed or worried in the slightest either. They're happily adding to their shorts because they either believe this is fraudulent in someway or grossly overvalued - that's my view though. I'm sure a short report will come out at some point and make things abit clearer - it's usually a given when so many funds are short.

Get your exposure right here folks. No need to take the risk when there are plenty of other options which aren't attracting the same level of scrutiny. If there is something very wrong here, you'll only have yourselves to blame.

That said, if I am proven wrong, I will happily come back and apologise to you all and say you were right. I will clearly happily accept any losses also. I'm genuinely intrigued to see how this one plays out by the way. It's absolutely fascinating when you have such a divide in opinion!

All imo

[homeytheclown] 06/2/2017 11:23

Sphere25

I think you will find Telit’s accounting for the development costs to be standard practice, not only for the industry but for any company that has upfront costs and delayed revenue. The development costs should be spread over future periods to match the revenue. The tax department would never allow a company to expense development costs because it would provide the company with an immediate tax benefit by reducing their earnings. This is a simple accounting concept but if you not aware of it, I suggest you look into it.

As for Ennismore, they seem to have the largest short position. My guess is they are sweating the most over their short position, desperate times calls for desperate measures. If you look at their short positions, it is clear it has been a nightmare for them, increasing their shorts whilst the share price increases hxxp://shorttracker.co.uk/manager/Ennismore%20Fund%20Management%20Limited/GB00B06GM726

I agree we need posters like you to provide balance to this forum, just lift your game if you can please.

[sphere25] 06/2/2017 09:58

Homey,

You are indeed correct that the management (nor the bulls) are taking the cash flow concerns seriously, but that is to be expected.

The actual cash earnings less capitalised development spend here means this company doesn't generate any earnings, thus the actual earnings per share are negative. So let's say they were positive and the company made 1p per share, the multiple here is almost 300, and that is a very scary multiple!

Ennismore have increased their short RIGHT AFTER that recent acquisition so they also clearly believe something is very wrong with that acquisition. Starting to smell abit like Globo this at times.

We can't just be having all bullish ramps on these boards you know ;-)

All imo.

[this_is_me] 06/2/2017 07:29

Tsuyoshi Abe, Yokogawa vice president and head of the company's Marketing Headquarters, said:

"For its 100th anniversary in 2015, Yokogawa came up with Co-innovating tomorrow as its new corporate brand slogan. Accordingly, we are making efforts to develop new solutions and create new value in collaboration with our customers and partners.

"Telit's expertise in the Industrial Internet of Things segment combined with their outstanding portfolio of Internet of Things technology will allow us to accelerate our development of services. This added agility is exactly what we need to create that value."

[homeytheclown] 03/2/2017 17:06

Sphere25

A "cover up"? Wow, that is some lateral thinking there. Are you predicting an unsustainable increase in net debt? Your concerns regarding cash flow are not being taken seriously by Telit's management, it appears they are still acquiring businesses and more importantly intellectual property. Damn them for expanding their product and IP portfolio, growing revenue, increasing EPS each and every year....damn them to hell!! :)

As for a "bonkers valuation", you do realize the FY16 P/E ratio is/should be 13 to 15. I know "bonkers" means crazy but I don't think a PE of 13-15 is crazy.

If you wan't to talk down Telit, please do it with something of substance because most of the long-term holders are probably too busy spending their profits from this stock.

[droid] 02/2/2017 21:53

Sphere, We have just had a new boiler installed with a wireless thermostat that can communicate with the boiler from anywhere within the house and turn it on or off as required. It's immatterial whether or not it is using a Telit module to do this- it just re-affirms to me why this is the future and frankly I'm not too concerned about how Telit capitalises or writes off its huge R & D spend.