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One of the new challenges arising with the use of edge, fog, and cloud architectures is the connection of components to each other and to the public cloud. An important element of developing a solution capturing all pieces is the IoT framework susietec
At the field, or edge level, data is collected by industrial computers, e.g. by gateways, which process, filter, analyze and act on these data in real-time right at the device.
Edge, fog and cloud applications demand increasing computing power. The interfaces to sensors or machines often require non-standard solutions. Especially in smaller machines, space is limited or restricted in some dimension and need a special solution.
Today, the connection from the sensor device to the embedded cloud takes place via real-time data communication, on sensor and edge level - for example Industrial Ethernet or fieldbuses - and gateways , which provide the transformation of real time data into the informational area.
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FieldWorks Expects Lower Revenue and Earnings for Second Quarter and the Remainder of 1998
Eden Prairie, Minn., June 10, 1998 - FieldWorks, Incorporated (NASDAQ: FWRX) today stated that it expects lower revenue and earnings for the second fiscal quarter ending July 5, 1998, and for the full year. The Company estimates that revenue for the second quarter will be $3.5 to 4.0 million with net loss at $0.18 to 0.22 per share. Total 1998 revenue is anticipated to be somewhat below 1997 results.
"Orders since the beginning of the year have been less than planned," said Ronald E. Lewis, FieldWorks president and CEO. "We have previously announced enhanced product features, including the new 5000 Series II, pricing initiatives and organizational changes that are aimed at increasing our order rate. Due to our long sales cycle, however, we do not expect to see significant results from these initiatives until perhaps the fourth quarter."
"Despite the anticipated lower revenue and profitability this year, we have confidence in the emerging need for field force automation. We are continuing our development efforts on the 2000 Series line of mobile embedded servers with production anticipated in early 1999," Lewis concluded.
About FieldWorks:
FieldWorks designs, builds and sells customer-specific computing solutions for demanding field environments. Users include field professionals in transportation, telecommunications, utility, medical, law enforcement and other industries worldwide. FieldWorks products are designed and produced in compliance with its formal quality system, which is certified to the international ISO9001 quality standard.
FieldWorks headquarters are at:
7631 Anagram Drive, Eden Prairie, MN 55344
Internet Address: www.field-works.com
Telephone: (612) 974-7000
Fax: (612) 974-7199
1-888-FIELDWORKS (343-5396)
Forward-looking statements in this news release, if any, are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changing economic or business conditions, the impact of competition, the availability of financing, the success of products in the marketplace, other risk factors inherent in the computer industry, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.
