New smart electricity metering solution from
IHM Pacific and Andrea Informatique is easy to deploy and helps
reduce energy consumption up to 26 percent
Semtech Corporation (Nasdaq: SMTC), a leading supplier of
high-performance analog and mixed-signal semiconductors and
advanced algorithms, announced that IHM Pacific, a developer of
Internet of Things (IoT) technologies for the smart utility
metering and smart building vertical markets, and Andrea
Informatique, a consultancy firm specializing in new technology and
software design, have collaborated to develop a new electricity
metering solution based on Semtech’s LoRa® devices and the LoRaWAN®
protocol. Deployments of the metering solution have been ongoing
for over a year and are increasing in New Caledonia and some parts
of the Pacific and Europe.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20191017005189/en/
LoRa and IHM Pacific (Graphic: Business
Wire)
“Semtech’s LoRa devices and the LoRaWAN protocol allowed us to
create metering solutions that offer significant advantages for
sustainable, cost-saving utility metering,” said Francois Ista, CEO
of IHM Pacific. “Real-time data on energy use provided by our
LoRaWAN-connected meters enable customers to closely monitor usage
trends. By addressing wasteful habits to increase energy
efficiency, our customers typically receive a return on investment
(ROI) in three months to six months following deployment of up to
26 percent.”
“LoRa devices and the LoRaWAN protocol enable the simplified
development and acceleration of products to market that provide
real advantages over traditional utility metering solutions,” said
Juan Camacho, CEO of Andrea Informatique. “LoRaWAN provides the
connectivity for customers to experience the benefits of flexible,
scalable and long-range IoT applications for their utility grid.
These metering solutions deploy easily so utility providers can
focus on growing their networks while saving on installation
cost.”
IHM Pacific and Andrea Informatique’s electricity meters
leverage Semtech’s LoRa devices and the LoRaWAN protocol to offer
significant improvements over traditional metering solutions in
both applications of electricity metering for utilities and sub
metering. LoRa-based smart meters do not require additional
external cabling (IP, RS485 or pulse network cabling). This allows
for greater ease of installation with solutions to quickly deploy
in 2 DIN rails, a standard mount for meter equipment racks.
Simplified deployment significantly reduces the cost of
installation for the customer, which typically accounts for 40
percent of the total cost of ownership.
In addition, the reliable usage data provided by LoRaWAN-based
solutions enable customers to understand their energy consumption
in real time. Due to the remote monitoring of electrical
consumption and a vast collection of measurement data including the
active energy consumed and produced to detect abnormal consumption
trends and adjust usage rates, customers usually see up to 26
percent reduction in power consumption within three to six months
of deployment.
“Smarter metering solutions such as those from IHM Pacific and
Andrea Informatique provide customers the capacity to reduce their
energy usage and save on monthly bills by acting on tangible and
reliable data,” said Rémi Demerlé, Director of Vertical Marketing
for Utilities in Semtech’s Wireless and Sensing Products Group. “As
the need to optimize energy consumption continues to become a
priority in the utilities market, Semtech’s LoRa devices and
LoRaWAN bring compelling advantages and create sustainable metering
solutions that offer customers a quick ROI.”
IHM Pacific will join Semtech at European Utility Week 2019,
taking place in Paris, France, November 12-14, 2019. IHM Pacific
will exhibit its new LoRa-based energy metering solutions in booths
M50 of Andrew Informatique and N128 of the LoRa Alliance. Semtech
will exhibit and demonstrate LoRa applications for utilities in
booth Q90. For more information about the conference, visit the
European Utility Week website.
About Semtech’s LoRa® Devices
Semtech’s LoRa devices are a widely adopted long-range,
low-power solutions for IoT that gives telecom companies, IoT
application makers and system integrators the feature set necessary
to deploy low-cost, interoperable IoT networks, gateways, sensors,
module products, and IoT services worldwide. IoT networks based on
the LoRaWAN® specification have been deployed in 100 countries and
Semtech is a founding member of the LoRa Alliance®, the fastest
growing IoT Alliance for Low Power Wide Area Network applications.
To learn more about how LoRa enables IoT, visit Semtech’s LoRa
site.
About Andrea Informatique
Andrea Informatique is a consultancy firm, advising companies on
issues of organization and strategy related to new technologies,
software strategy related to new technologies, software design, and
test. Services range from on-site consultations to maintenance and
assistance, passing through design, implementation, testing, and
integration. Andrea Informatique has gained its clients’ trust
through professionalism based on dialogue, skills, and experience,
as well as reliability, as concerns the quality of their missions
and the respect of deadlines. Andrea Informatique has a highly
efficient and qualified team of experienced engineers that have
been working in smart metering and smart grid sectors for several
years and have designed and implemented a comprehensive set of
products and tools. For more information, visit
http://www.andrea.fr/.
About IHM Pacific
Based in New Caledonia, IHM Pacific specializes in the Internet
of Things (IoT), remote maintenance, remote management, remote
reading, and additional technologies for the smart building and
smart utility vertical markets. The company designs and integrates
next-generation technology into its products and solutions,
creating tailor-made applications to suit its customers’ needs. For
more information, visit https://www.ihmpacific.net/.
About Semtech
Semtech Corporation is a leading supplier of high-performance
analog and mixed-signal semiconductors and advanced algorithms for
high-end consumer, enterprise computing, communications, and
industrial equipment. Products are designed to benefit the
engineering community as well as the global community. The Company
is dedicated to reducing the impact it, and its products, have on
the environment. Internal green programs seek to reduce waste
through material and manufacturing control, use of green technology
and designing for resource reduction. Publicly traded since 1967,
Semtech is listed on the Nasdaq Global Select Market under the
symbol SMTC. For more information, visit www.semtech.com.
Forward-Looking and Cautionary Statements
All statements contained herein that are not statements of
historical fact, including statements that use the words “to
become,” “will,” “designed to” or other similar words or
expressions, that describe Semtech Corporation’s or its
management’s future plans, objectives or goals are “forward-looking
statements” and are made pursuant to the Safe-Harbor provisions of
the Private Securities Litigation Reform Act of 1995, as amended.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause the actual results
of Semtech Corporation to be materially different from the
historical results and/or from any future results or outcomes
expressed or implied by such forward-looking statements. Such
factors are further addressed in Semtech Corporation’s annual and
quarterly reports, and in other documents or reports, filed with
the Securities and Exchange Commission (www.sec.gov) including,
without limitation, information under the captions “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations” and “Risk Factors.” Semtech Corporation assumes no
obligation to update any forward-looking statements in order to
reflect events or circumstances that may arise after the date of
this release, except as required by law.
Semtech, the Semtech logo, LoRa, and LoRaWAN are registered
trademarks or service marks of Semtech Corporation or its
affiliates.
SMTC-P
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191017005189/en/
Ronda Grech Semtech Corporation (805) 250-1263
rgrech@semtech.com
Semtech (NASDAQ:SMTC)
Historical Stock Chart
From Aug 2024 to Sep 2024
Semtech (NASDAQ:SMTC)
Historical Stock Chart
From Sep 2023 to Sep 2024