B.O.S. Better Online Solutions Ltd. is a

publicly traded company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( ...

, headquartered in

Israel Israel, officially the State of Israel, is a country in West Asia. It Borders of Israel, shares borders with Lebanon to the north, Syria to the north-east, Jordan to the east, Egypt to the south-west, and the Mediterranean Sea to the west. Isr ...

, that provides

RFID Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a tiny radio transponder called a tag, a radio receiver, and a transmitter. When tri ...

and

supply chain A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them to end consumers or end customers, while supply chain management deals with the flow of goods in distri ...

solutions. Its shares are traded on the NASDAQ Capital Market.

Company

B.O.S. Better Online Solutions specializes in RFID solutions as a more efficient alternative to the traditional

barcode A barcode or bar code is a method of representing data in a visual, Machine-readable data, machine-readable form. Initially, barcodes represented data by varying the widths, spacings and sizes of parallel lines. These barcodes, now commonly ref ...

object identification method. In an interview with ''

The Wall Street Transcript ''The Wall Street Transcript'' is a paid subscription publication and Web site that publishes bi-weekly industry reports that feature equity analyst, money manager and CEO interviews. Reports typically cover two to three industries and express ...

'' in 2008, president Shmuel Koren commented that the use of RFID is expected to expand rapidly as the cost of RFID tagging declines, regulatory institutions increasingly approve RFID technology, and companies recognize the potential of RFID to increase efficiency. B.O.S. clients have included

Unilever Unilever PLC () is a British multinational consumer packaged goods company headquartered in London, England. It was founded on 2 September 1929 following the merger of Dutch margarine producer Margarine Unie with British soap maker Lever B ...

Otto Otto is a masculine German given name and a surname. It originates as an Old High German short form (variants '' Audo'', '' Odo'', '' Udo'') of Germanic names beginning in ''aud-'', an element meaning "wealth, prosperity". The name is recorded fr ...

IKEA IKEA ( , ) is a Multinational corporation, multinational conglomerate (company), conglomerate founded in Sweden that designs and sells , household goods, and various related services. IKEA is owned and operated by a series of not-for-profit an ...

, and Israel's Ministry of Agriculture. In 2011 B.O.S. was awarded Frost & Sullivan's Entrepreneurial Company of the Year award.

Subsidiaries

* Dimex Systems – automatic

data collection Data collection or data gathering is the process of gathering and measuring information on targeted variables in an established system, which then enables one to answer relevant questions and evaluate outcomes. Data collection is a research com ...

solutions provider * Odem Electronic Technologies –

electronic component An electronic component is any basic discrete electronic device or physical entity part of an electronic system used to affect electrons or their associated fields. Electronic components are mostly industrial products, available in a singula ...

s supplier. Its clients have included

Israel Aircraft Industries Israel Aerospace Industries (IAI; ), is Israel's major aerospace and aviation manufacturer, producing aerial and astronautic systems for both military and civilian usage. It has 14,000 employees as of 2021. IAI is state-owned by the government ...

and Hollandia International.

Products

* BOS ID – software platform for

inventory management Inventory management may refer to: * Inventory management (business): the function of understanding stock mix of a company and the different demands on that stock * Inventory management (video games), when a player adjusts the items in their inve ...

* BOSwine – RFID tagging system for monitoring the health and productivity of sows and piglets * BOSWaste – RFID waste management system for tracking waste collection and controlling waste-management subcontractors

History

B.O.S. Better Online Solutions was founded in 1990 by Israel (Izzy) Gal after he left IIS (Intelligent Information Systems, LTD., an Israeli company where Gal worked as a product manager for AS/400 related products. In its early years B.O.S. specialized in

twinax Twinaxial cabling, or twinax, is a type of cable similar to coaxial cable, but with two inner conductors in a twisted pair instead of one. Due to cost efficiency it is becoming common in modern (2013) very-short-range high-speed differential sig ...

terminal emulation software. In 2009 B.O.S. sold the rights to its e-Twinax Controller, a controller providing

TCP/IP The Internet protocol suite, commonly known as TCP/IP, is a framework for organizing the communication protocols used in the Internet and similar computer networks according to functional criteria. The foundational protocols in the suite are ...

compatibility with older twinax devices without the use of SNA, to Phoenix-based 10ZiG Technology. In 2010 B.O.S. closed its two U.S. supply chain subsidiaries (formerly Summit Radio Corp.) due to turbulence in the

executive jet Executive ( exe., exec., execu.) may refer to: Role or title * Executive, a senior management role in an organization ** Chief executive officer (CEO), one of the highest-ranking corporate officers (executives) or administrators ** Executive dir ...

market. In 1996 B.O.S. began trading on what was then the Nasdaq SmallCap Market (today the Nasdaq Capital Market), and in 2000 the company's shares were upgraded to the Nasdaq National Market. Between 2002 and 2009 B.O.S. shares were listed on the

Tel Aviv Stock Exchange The Tel Aviv Stock Exchange (TASE; ), colloquially known as The Bursa, is the only public stock exchange in Israel and a public company itself, listed on its own exchange since August 1, 2019. It is regulated by the ''Securities Law (1968)'' a ...

. In 2009 B.O.S.'s shares were transferred to the Nasdaq Capital Market. In 2004 Adiv Baruch replaced founder Israel Gal as CEO of the company. In 2006, Baruch was replaced by Shmuel Koren. Koren resigned in 2008 and was succeeded by Shalom Daskal. Daskal left the company in 2009, his place taken by Yuval Viner. Viner has been CEO of the company since 2009.

Acquisitions

References