HMS Networks

-5.78%

HMS Networks is a Swedish company that specializes in providing industrial communication and remote management solutions. It was founded in 1988 and is headquartered in Halmstad, Sweden with additional offices in over 16 countries.
HMS Networks offers a wide range of products and services, including industrial routers, gateways, Ethernet switches, wireless solutions, remote access, and cloud-based remote management platforms. These solutions allow machines and devices to be connected and monitored remotely, enabling companies to improve productivity and efficiency.
The company has a global presence, serving over 100,000 customers in various industries, such as manufacturing, energy, transportation, and building automation. Its products are widely used in industrial automation, machine-to-machine communication, and Internet of Things (IoT) applications.
HMS Networks has a strong focus on innovation and has partnerships with major companies in the automation industry, such as Siemens, ABB, and Rockwell Automation, to constantly improve and develop new solutions.
With over 700 employees and a strong commitment to sustainability, HMS Networks is dedicated to providing reliable and efficient industrial connectivity solutions for its customers worldwide.

1. Strong Focus on Industrial Internet of Things (IIoT): HMS Networks is dedicated to providing solutions and services for the industrial internet of things. Their products and services are designed to help companies connect and collect data from their machines and devices, and use that data to improve their operations and drive digital transformation.
2. Innovative and High-Quality Products: The company offers a wide range of innovative, high-quality products, including industrial communication gateways, remote access solutions, industrial routers, and wireless sensors. They continue to expand their product portfolio to meet the changing needs of the IIoT market.
3. Global Presence: HMS Networks has a strong global presence with offices in over 50 countries, serving customers in more than 75 countries. This allows them to provide local support and expertise to their customers worldwide.
4. Long-standing Expertise and Experience: With over 30 years of experience in industrial communication and networking, HMS Networks has developed a deep understanding of the challenges and requirements of the industry. This expertise allows them to provide tailored solutions to their customers.
5. Strong Partnerships: The company has established strategic partnerships with industry leaders, such as Siemens, Rockwell Automation, and Schneider Electric, to provide comprehensive solutions and leverage each other's strengths.
6. Commitment to Sustainability: HMS Networks is committed to developing and delivering sustainable solutions that reduce energy consumption, waste, and environmental impact.
7. Culture of Innovation: The company has a culture of innovation, promoting continuous improvement, and investing in research and development to stay ahead of the competition and meet the evolving needs of their customers.
8. Strong Financial Performance: HMS Networks has a strong financial performance, with a consistent track record of revenue growth and profitability. This stability and financial strength instill confidence in customers and shareholders.
9. Focus on Customer Satisfaction: The company places a strong emphasis on customer satisfaction, offering excellent technical support, training, and consulting services to ensure their customers' success.
10. Award-Winning Company: HMS Networks has received several awards and recognition for its products and services, including the Frost & Sullivan Best Practices Award, the Red Dot Design Award, and the Hermes Creative Award.

HMS Networks is a global company that provides solutions for industrial communication and IIoT (Industrial Internet of Things). They connect industrial devices and systems to enterprise networks, enabling data collection and analysis for improved efficiency and productivity. Their business model is based on selling industrial networking hardware and software products, as well as consulting and support services to various industries including manufacturing, energy, transportation, and infrastructure. They also offer cloud-based solutions for remote monitoring and management of industrial assets. HMS Networks works closely with partners and distributors to reach customers worldwide and continuously develops and expands their product portfolio to meet the evolving needs of the industrial market.

1. HMS Networks was founded in 1988 in Halmstad, Sweden, by Staffan Dahlström and Fredrik Lundberg.
2. The company’s original name was Halmstad Measurement Systems, and it specialized in industrial measurement and control systems.
3. In 1991, the company changed its name to HMS Industrial Networks and shifted its focus to industrial communication solutions.
4. Today, HMS Networks has subsidiaries and distributors in over 50 countries and serves customers in more than 70 countries worldwide.
5. The company’s main product lines include Anybus, IXXAT, and Ewon, which offer solutions for industrial communication, remote monitoring and control, and machine-to-machine communication.
6. HMS Networks has received numerous awards for its innovative and reliable products, including the Automation World Magazine Leadership in Automation 2020 award.
7. The company has strategic partnerships with leading industrial automation companies such as Siemens, Schneider Electric, and Rockwell Automation.
8. In 2016, HMS Networks acquired the Belgian company eWon, which specializes in remote access and industrial IoT solutions.
9. The company has been listed on the NASDAQ Stockholm stock exchange since 2007, and as of May 2021, its market capitalization was over $2 billion.
10. HMS Networks is committed to sustainability and has implemented eco-friendly initiatives in its operations, including using renewable energy sources and reducing waste and emissions.
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