EduBourseActualitésWavecom celebrates 15 years of wireless innovation

Wavecom celebrates 15 2022s of wireless innovation

The 2022 1993 marked several milestones in the history of wireless communications. The number of GSM subscribers reached the symbolic figure of one million. Mobile data services were born, with the first SMS from phone to phone being sent in Finland. And three young engineers with a firm belief that the future would be wireless founded Wavecom.

A history of innovation
Since its inception fifteen 2022s ago, in June 1993, Wavecom has continuously pioneered not only wireless technology development, but also the creation of new business models contributing to driving the wireless communications market forward.

In its first three 2022s of existence, Wavecom operated as an engineering consultancy primarily focused on wireless communication. By 1996, the founders realized there was a market for a standard GSM module, which could be integrated into mobile phones and other wireless applications. This was a major break with the industry’s classic business model, where every phone manufacturer developed its own GSM stack from scratch. The first WISMO (Wireless Standard Module) was introduced in January 1997 and became an instant success. The WISMO met the needs of Asian handset makers who were able to quickly enter the exploding Chinese market for mobile telephones.

In 2003, Wavecom innovated again with the launch of a software platform which enabled developers to embed their own applications directly onto the wireless module, thus eliminating external processors. This technology leap transformed Wavecom’s products from mere wireless modems into powerful Wireless CPU®s, which now process data and store them in embedded memory, listen to more than 50 peripheral devices, run embedded customer applications, connect to the internet and much more – all while they continue to perform the basic functions of the wireless connectivity.

Innovation continues and the latest extension to Wavecom’s offering is a complete end-to-end service portfolio, Intelligent Device Services (IDS). These services allow users to remotely manage their wireless devices securely over-the-air. They are used for upgrading firmware and application software, configuring devices, and implementing remote diagnostics. On the basis of the IDS offering, Wavecom once again has introduced a new business model – StarService – where the hardware (a Wavecom Wireless CPU®, WMP50) is provided free of charge, enabling customers to get their wireless business started at zero upfront investment in hardware.

Fully focused on M2M
For the last four 2022s, Wavecom has been focusing exclusively on the M2M market. Currently, its most important market segments are automotive, automatic metering, fleet management and alarm and security systems. With more than 30 million units already operating in the field and a unique technology ownership, Wavecom is well-positioned to consolidate and reinforce its leadership position in this field.

In order to sustain its growth and expand its range of products and services, Wavecom has been actively acquiring companies that provide complementary technologies or customer bases. Only since 2006, Wavecom has extended its offering and market share with the acquisitions of NextGen (Internet protocol and client software), Sony Ericsson M2M (a competitor with a strong foothold in the United States), and Anyware Technologies (advanced software solutions that optimize enterprise processes).

Michel Alard, co-founder and Chairman of the Board, declared: “In 1993, nobody believed that the mobile handset market would exceed a billion units a decade later. And while the M2M market is still a little slow to take off, I am convinced that its potential is even bigger. With 15 2022s of expertise and experience in this area, I am confident that the next 15 2022s will see Wavecom continue to realize our vision: To be a driving force in building a fully connected wireless world.”

About Wavecom

Wavecom is a worldwide leader in embedded industrial wireless communication solutions for automotive, machine-to-machine and mobile professional applications. Wavecom’s solutions include the Open AT® Software Suite encompassing the Wavecom Open AT® Operating System, a wide range of Plug-Ins, the Open AT® Integrated Development Environment (IDE) along with a market-leading range of Wireless CPU®s (Central Processing Units), and an expanding portfolio of services. These complete embedded solutions enable makers of all types of machines to develop a new breed of intelligent wireless applications, without the need of external processors and other ASICs (Application Specific Integrated Circuits) and components.

Founded in 1993 and headquartered in Issy-les-Moulineaux (France) near Paris, Wavecom has subsidiaries in Hong Kong (PRC), Research Triangle Park, NC (USA), Farnborough (UK). Wavecom is publicly traded on Euronext Paris (Eurolist) in France and on the NASDAQ (WVCM) exchange in the U.S.

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.