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IBM and Peugeot could be Sigfox’s saving grace

Two weeks ago, we noted that one big deal could be all that Sigfox needs to right the ship, to ease investor pressure after a rough few quarters. This week, Sigfox has announced that it is part of a deal that will see IBM provide Peugeot with a container tracking system for its supplier and assembly logistics. Of course, it’s not yet a victory lap, but this does look like good news for the embattled LPWAN provider. Groupe PSA, which includes the Peugeot, Citroen, Opel, and Vauxhall brands, is the second-largest European automaker, after the Volkswagen Group, selling around 3.9mn units annually. With annual revenues of around $75bn, and a market cap of some $22bn, this is a big win…

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