Better IoT Buy: Arista Networks vs. Sierra Wireless — The Motley Fool

Better IoT Buy: Arista Networks vs. Sierra Wireless — The Motley Fool

(( Arista Networks NYSE:ANET) and Sierra Wireless NASDAQ:SWIR) both offer investors unique ways to profit from the growth of the Internet of Things (IoT), which connects various devices to one another and the internet. The global IoT market could grow from $235 billion in 2017 to $520 billion in 2021, according to Bain & Company, fueled by improving internet connections worldwide.Arista sells networking switches that are optimized for software-defined networking (SDN) solutions in the cloud, where its open-source EOS platform does the heavy lifting. Sierra is the world’s largest maker of wireless embedded modules and gateways, which are widely used in machine-to-machine (M2M) communications.

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