Internet of Things (IoT) providers that are able to ramp up production capacities, to no surprise, gain advantages in the industry that – in itself – also ramps up and evolves all the time. We’re talking increased production to better meet growing demands for IoT products, plus how it essentially sends a positive signal to investors and future partners, given expansion can be a clear demonstration of strong financial health and potential for even more growth. (Not to mention more production means more space, resources, and possibly even advanced equipment to ensure higher-quality novel IoT solutions.)
Such is the case for IoT device manufacturer Queclink Wireless Solutions. The goal at Queclink is to drive smarter IoT in transportation via remote vehicle tracking, in asset and mobility spaces, for robust IoT routers, and other customizable solutions. Queclink has delivered more than 52 million products over the last decade, empowering more than 3,800 clients along the way.
In this vein of expanding to ramp up what it’s able to produce, Queclink is upgrading. Its’ new manufacturing facility:
This expansion is expected to bring a 30% boost to Queclink's productivity, allowing the company to manufacture 28,000 devices per day – a 7 million annual output, in total.
Per a 2022 report from Queclink, this ramp-up is intrinsically necessary; last year, total shipment of devices reached 4 million, and revenue jumps indicated a 8.8% year-over-year increase.
Overall, this is a win for Queclink. More production lines mean greater flexibility (i.e. by reducing reliance on other concentrated production locations), which points to delivery risk mitigations and stronger customer assistance amidst global economic landscapes.