Sigfox and Alps Alpine Sign Global Alliance Partnership Agreement to Drive Forward Technical Innovation and Expand their Combined Reach
August 28, 2019 at 04:52 am EDT
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Sigfox and Alps Alpine have signed a global alliance partnership agreement. The agreement is the first of its kind for Sigfox, allowing it to work closely with Alps Alpine to drive forward technical innovation and expand their combined reach. The Alliance will speed up the adoption of connected devices by: Providing Alps Alpine with early access to Sigfox’s R&D projects, allowing them to co-develop services in the future; Encouraging joint investment in innovation, including the development of small, low-cost devices and energy harvesting technologies; Developing a joint go-to-market strategy. The two companies have already agreed on the common development of Sigfox’s Bubble Beacon/Tag for luggage and asset tracking. Bubbles are small devices that can be placed anywhere in a matter of seconds. These low-cost, low-energy Bubbles make it easy to accurately track the location of anything from luggage to pallets. It will see 250,000 roll cages fitted with smart trackers to provide accurate information about their location and movements.
Alps Alpine Co., Ltd. specializes in the production and marketing of electromechanical components. Net sales break down by family of products and services as follows:
- electronic components (52.4%): mobile phones, household items and industrial equipment components (switches, connectors, encoders, captors, etc.);
- audio and communication equipment for automotive (37.8%);
- logistics services (8.2%);
- other (1.6%).
Net sales are distributed geographically as follows: Japan (19%), China (19.2%), Americas (16.5%), Germany (10.7%), and other (34.6%).