Inseego Announces Smart City Deployment with Current, powered by GE
November 09 2017 - 9:15AM
Business Wire
Collaboration integrates Inseego’s Skyus™ DS 4G
solution into Intelligent Smart Cities Platform
Inseego Corp. (Nasdaq: INSG), a leading global provider of high
performance modems, Software-as-a-Service (SaaS), and solutions for
the Internet of Things (IoT), today announced integration with
Current, powered by GE, including the world's largest smart city
IoT sensor platform installation in San Diego. This large scale
deployment involves 3,200 intelligent CityIQ™ sensor nodes that
will help optimize traffic and parking, plus enhance public safety,
environmental awareness and overall livability for the city of San
Diego, CA. “IoT sensor platform” is included as there are larger
single use sensors deployed, but none that offer an array of
sensors in an integrated platform like the CityIQ™ sensor
nodes.
Current, powered by GE will continue to integrate Inseego’s
modems as cities mobilize and scale municipal digital footprints
through network partner AT&T. Inseego has provided leading
support and advantages through integration of the Skyus™ DS 4G
cellular modem, which allows for the real time transmission of
critical meta data and on-premise analytics, that are key
components in smart city initiatives like San Diego.
Widely deployed in the market for remote device management and
failover applications, Inseego’s Skyus™ DS 4G device solution is
customized for IoT applications. With a CAGR of 25.8%, the device
management market is forecasted to grow to $5.8B by 2021 according
to Market and Markets. The Skyus DS is uniquely positioned to
capture substantial portions of this market by providing customers
the ability to remotely monitor devices and update settings as
necessary, avoiding costly truck rolls. Additionally, having two
SIM slots on the device allows customers to dynamically select the
optimum carrier for a particular deployment.
“We are excited to partner with GE’s Current business on such an
innovative IoT use case and to help bring industrial internet to
city applications,” said Ashish Sharma, EVP of IoT and Mobile
Solutions at Inseego. "Since the early days of IoT, the industry
has been talking about providing end-to-end visibility into city
infrastructure. We are now making this a reality through an
efficient and innovative deployment.”
“The CityIQ™ sensor node provides the opportunity to go beyond
the limits of basic energy measurement and actively engage a
community by evolving how we find parking spots and deploy first
responders,” said Austin Ashe, General Manager, Intelligent Cities
at Current, powered by GE. “Inseego’s Skyus DS 4G device solution
fits really well with our Intelligent Cities Platform and provides
a reliable and innovative solution. We are excited to collaborate
with Inseego to connect these cities to industrial internet.”
Additional CityIQ deployments are in progress in Atlanta,
Georgia and other municipalities.
ABOUT INSEEGO CORP.
Inseego Corp. (Nasdaq: INSG) is a leading global provider of
MiFi®-branded intelligent wireless solutions for the worldwide
mobile communications market and software-as-a-service (SaaS) and
solutions for the Internet of Things (IoT). The Company sells its
telematics solutions under the Ctrack brand, including fleet and
airport management, asset tracking and monitoring, stolen vehicle
recovery, and usage-based insurance platforms. Inseego Corp. also
sells business connectivity solutions and device management
services through Inseego North America (formerly Feeney Wireless).
The Company is headquartered in San Diego, California.
www.inseego.com Twitter @inseego
About Current, powered by GE:
Current is the digital engine for intelligent environments. A
first-of-its-kind startup within the walls of GE (NYSE: GE),
Current blends advanced energy technologies like LED and solar with
networked sensors and software to make commercial buildings and
industrial facilities more energy efficient & productive.
Backed by the power of Predix**, GE’s platform for the Industrial
Internet, and a broad ecosystem of technology partners, Current is
helping businesses and cities unlock hidden value and realize the
potential of their environments. www.currentbyge.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release may contain forward-looking statements, which are
made pursuant to the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995, as amended to
date. These forward-looking statements involve risks and
uncertainties. A number of important factors could cause actual
results to differ materially from those in the forward-looking
statements contained herein. These factors include risks relating
to technological changes, new product introductions, continued
acceptance of Inseego' products and dependence on intellectual
property rights. These factors, as well as other factors that could
cause actual results to differ materially, are discussed in more
detail in Inseego' filings with the United States Securities and
Exchange Commission (available at www.sec.gov) and other regulatory
agencies.
©2017. Inseego Corp. All rights reserved. The Inseego name and
logo are trademarks of Inseego Corp. Other Company, product or
service names mentioned herein are the trademarks of their
respective owners.
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version on businesswire.com: http://www.businesswire.com/news/home/20171109005254/en/
Inseego Corp.Investor Relations Contact:Stephen Smith, +1 (858)
247-2149Stephen.Smith@inseego.comwww.inseego.com
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