Sierra Monitor Corp. (OTCQB:SRMC) sells electronic safety and environmental instrumentation through two product categories. Its gas detection devices (52% of LTM revenue) are used to detect hazardous gases/flames and oxygen deficiencies.
FieldServers (48% of LTM revenue) combine proprietary hardware and software that link disparate machines and devices, which enables remote monitoring and control of building, plant and factory systems.
Building automation: A less well-known beneficiary of the "Internet of Things" trend
The preoccupation with the impact of the Internet of Things on the consumer side (thermostats, wearables) almost implies a shorter growth runway for commercial and industrial applications, despite evidence to the contrary. Gartner projects the number of connected devices to increase almost 30-fold to 26...
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