Cree Delivers Smart Building Solutions and Transforms Data into Insights with SmartCast Intelligence Platform
April 13 2017 - 9:00AM
Business Wire
Cree, Inc. (Nasdaq: CREE) introduces the SmartCast Intelligence
Platform™, the first intuitive lighting system to leverage the
Internet of Things (IoT) to deliver smart building solutions
through a combination of hardware, software and services. The
breakthrough platform combines Cree's industry leading SmartCast®
Power over Ethernet (PoE) LED lighting network with the company’s
innovative analytics software to transform lighting and sensor data
into actionable insights. The integrated solution provides
immediate energy and space utilization recommendations that lower
maintenance costs to improve productivity.
“LED technology is the standard for lighting installations and
the Cree SmartCast Intelligence Platform™ solution demonstrates our
ability to harness the power of this technology to go beyond
illumination and energy savings to make buildings and the people in
them more efficient and productive,” said Daniel Castillo, Cree
president, lighting. “The platform combines intelligent LED
lighting fixtures, integrated sensors, and our new software
analytics tool, SmartCast Advisor™, to deliver on the promise of
the Internet of Things (IoT) and improve the spaces in which we
work and live.”
SmartCast Advisor™, the first analytics application available on
the SmartCast Intelligence Platform, monitors buildings via the
SmartCast PoE lighting network, which is currently installed in a
number of large customer sites. The application collects data and
drives insights immediately upon installation. With the SmartCast
Advisor application, building operators can repurpose underutilized
space to optimize the productivity within their buildings.
“The SmartCast Advisor™ application is the next step in Cree’s
commitment to accelerating the adoption of advanced lighting
controls and creating an open building intelligence platform that’s
future-ready and easy to use,” continued Castillo. “The application
is the first of its kind to extract the value of big data from a
lighting network, and is in keeping with Cree’s commitment to a
better light experience.”
Cree’s PoE Lighting network is available on the SmartCast
Intelligence Platform today. The SmartCast Advisor software
application is now available in a limited release.
Visit lighting.cree.com/SmartCast for more information.
About Cree, Inc.:
Cree is a market-leading innovator of lighting-class LEDs,
lighting products and power and radio frequency (RF)
semiconductors. Cree’s product families include LED lighting
systems and bulbs, blue and green LED chips, high-brightness LEDs,
lighting-class power LEDs, power-switching devices and RF devices.
Cree’s products are driving improvements in applications such as
general illumination, electronic signs and signals, power supplies
and inverters.
Please refer to www.cree.com for additional product and Company
information.
This press release contains forward-looking statements involving
risks and uncertainties, both known and unknown, that may cause
actual results to differ materially from those indicated. Actual
results may differ materially due to a number of factors, including
the risk that actual savings and lifetimes will vary from
expectations; the risk we may be unable to manufacture these new
products with sufficiently low cost to offer them at competitive
prices or with acceptable margins; the risk we may encounter delays
or other difficulties in ramping up production of our new products;
customer acceptance of our new products; the rapid development of
new technology and competing products that may impair demand or
render Cree’s products obsolete; and other factors discussed in
Cree’s filings with the Securities and Exchange Commission,
including its report on Form 10-K for the year ended June 26, 2016,
and subsequent filings.
Cree® and SmartCast® are registered trademarks, and SmartCast
Intelligence Platform™ and SmartCast Advisor™ are trademarks of
Cree, Inc.
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version on businesswire.com: http://www.businesswire.com/news/home/20170413005212/en/
Cree, Inc.Claire Simmons, 919-407-7844Corporate
Marketingmedia@cree.com
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