FREEWAVE TECHNOLOGIES ESTABLISHES NEW BOARD OF DIRECTORS TO CONTINUE GROWTH TRAJECTORY
07/09/2019 | 10:01am EDT
Boulder, CO, July 09, 2019 (GLOBE NEWSWIRE) --
FreeWave Technologies, a leader in long-range wireless and wired edge computing platforms, has formed a new Board of Directors comprised of highly accomplished executives in the IIOT, software, product development and professional infrastructure services industries to support its IIoT solution evolution. The company has enjoyed continued double digit growth over the last 10 consecutive quarters and is projecting 20+ percent growth in 2019 as their new Zum Intelligent Edge platform gains traction across medical, energy, government, defense and precision agriculture markets.
“This is an exciting time for FreeWave,” noted CEO Kirk Byles. “With a strong legacy and track record of success to build upon, we believe the guidance and engagement of a dynamic new Board of Directors who passionately embrace our vision will elevate the business to a new level; one that will allow us to more rapidly accomplish our global growth goals while firmly establishing our role as an IIoT technology leader.”
Members of FreeWave’s newly appointed Board include:
The acceleration of IIoT is generating greater demands for computing power at the edge as well as OT cloud capabilities. To address this need, FreeWave infused their legacy rugged OT products with open IQ Intelligence to make the growing proliferation of sensor and device data immediately actionable. By connecting devices to a smarter platform, companies can now reliably navigate the data-intensive realities of IIoT, create data transparency, foster interoperability to enrich existing infrastructure and enable new business models.
“Our approach allows organizations to move from reactive models to predictive models powered by AI at the edge to drive real-time decision making and operational efficiencies across the board -- from optimizing PLCs and RTUs to pump and sensor-driven meters,” said Byles. “Now, industrial end users and OEMs operating in harsh, remote environments can take full advantage of the compute power traditionally only found in the closet or the cloud, moving away from proprietary protocols to more standards-based communications. With the guidance of our dynamic new executive team, we look forward to facilitating true business transformation.”
With deployments in over 32 countries, our products are leveraged by industrial end users and OEMs alike to connect, control and optimize remote machines and processes in ways that enable smarter decisions, significant efficiency gains and immediate cost savings. Throughout our 25-year history, we’ve helped thousands of customers – government/defense, UAV/drone, precision agriculture, energy and smart grid networks – achieve reliable connectivity for data telemetry and command and control in some of the most challenging, remote and rugged environments in the world. Today, we are transforming the extreme edge of operations – and the proliferation of smart devices within it – into a connected part of the enterprise with our IQ edge computing platform and ecosystem of solutions evolved for IIoT. Are you ready to transform your operation? Visit freewave.com to get started.