New Smart Meter using Adesto®’s Memory and Communications Technologies Begins Pilot Program in Africa and Middle East
November 12 2019 - 4:00AM
Adesto Technologies Corporation (NASDAQ: IOTS), a leading provider
of innovative application-specific semiconductors and embedded
systems for the IoT, announced that its Non-Volatile Memory (NVM)
and Power Line Communications chips are designed into a new G3-PLC
smart meter that is now in pilot production targeting utility
providers in Tunisia, Egypt, and other countries. The new meter is
available from SIAME (La Société Industrielle d'Appareillage et de
Matériels Electriques), Tunisia’s leading energy metering company.
It was developed by SIAME in collaboration with Adesto and I@T
(Innov-Alliance-Tech), a Tunisian provider of engineering services.
The new smart meter leverages Adesto’s configurable,
power-efficient G3-PLC Certified SM2400 Power Line Communications
(PLC) modem, as well as Adesto’s Quad SPI flash memory, in a custom
module designed by SIAME with software created by I@T. The new
meter is based on G3-PLC, a worldwide smart metering standard
designed to facilitate highly reliable, long-range communication
over the existing powerline grid, essentially making the power grid
‘smart’.
“Quality is part of our company’s DNA, and we look for partners
whose products bring the highest quality solutions,” said Monji
Jelassi, CEO of SIAME. “Adesto’s SM2400 PLC devices have proven
superior performance in providing reliable communication over power
lines in challenging communication channel conditions, making them
the ideal modem solution for Tunisia’s first smart electric meters.
We are delighted to partner with Adesto and I@T as we prepare to
roll out the first deployments of this important milestone.”
According to a March 2018 report from market intelligence firm
Northeast Group, LLC, smart grid infrastructure development is
accelerating in the Middle East and the North Africa region,
growing at an anticipated CAGR of 27% from 2018 to 2027. Countries
in these regions are expected to invest $17.6 billion over the next
decade in smart metering, distribution automation, battery storage
and other smart grid infrastructure market segments.
“Across our product lines, Adesto has a strong footprint in
smart grid and metering solutions, and we’re excited about the
growth opportunity in the emerging Africa and Middle East regions,”
said Janet Wang, vice president of business development at Adesto.
“Our work with SIAME and I@T demonstrates our commitment to supply
innovative and reliable products to support the exacting
specifications needed for smart grid deployment.”
“I@T is focused on helping our customers and partners enhance
their engineering and business development capabilities and expand
their geographical presence in key emerging markets,” said Mondher
Makni, CEO of I@T. “The collaboration with SIAME and Adesto is a
great example of that. Adesto’s engineers worked closely with the
I@T and SIAME teams throughout the design and certification
process, and their support was key to efficient development of the
meter. We look forward to continued cooperation as we bring
Tunisia’s new smart meters to market.”
To learn more about Adesto’s Quad SPI flash memories, visit
https://www.adestotech.com/products/dual-quad-spi-memory. To learn
more about Adesto’s SM24xx devices, visit
http://www.adestotech.com/products/power-line-communications.
See the Smart Meter at European Utility
WeekSIAME will highlight the new smart meter in its stand
#G140 at European Utility Week, being held in Paris, November
12-14, 2019.
About SIAMEThe Industrial Company of Electrical
Equipment and Materials “SIAME” was created in 1976 by the Tunisian
Company of Electricity and Gas (STEG) with a focus on manufacturing
electric meters. Privatized in 1999, SIAME has embarked on a
strategy of continuous growth and has continued to consolidate its
leading position in the electrical equipment and electromechanical
equipment industry. SIAME is considered today as one of the
pioneers of the electrical equipment industry in Tunisia, Africa
and the Middle East. Certified ISO 9001, 14001, and ISO TS 16449,
SIAME offers high quality products, meeting the most demanding
international standards while controlling its environmental impact.
Visit http://www.siame.com.tn.
About I@TI@T (Innov-Alliance-Tech), is a
subsidiary of IPS group, a leading industrial group in North
Africa. The company provides engineering services in innovative
technologies in the areas of Clean and Renewable Energies,
Multimedia and Telecommunication, Internet of Things and
Biomedical. I@T offers to its customers and partners engineering
consultancy, expertise and technical assistance services based on
latest innovative technologies, helping them enhance their business
development capabilities and expand their geographical presence in
key emerging markets. For more information, visit
http://ia-tech.net/en.
About Adesto Technologies CorporationAdesto
Technologies Corporation (NASDAQ:IOTS) is a leading provider of
innovative application-specific semiconductors and embedded systems
for the IoT. The company’s technology is used by more than 5,000
customers worldwide who are creating differentiated solutions
across industrial, consumer, medical and communications markets.
With its growing portfolio of high-value technologies, Adesto is
helping its customers usher in the era of the Internet of Things.
See: www.adestotech.com.
Follow Adesto on Twitter.
Adesto and the Adesto logo are trademarks or registered
trademarks of Adesto Technologies Corporation or its subsidiaries
in the United States and other countries. Other company, product,
and service names may be trademarks or service marks of others.
Adesto Technologies Media Contact:Jen
Bernier-Santarini+1 650-336-4222jen.bernier@adestotech.com
Adesto Technologies Investor Relations:Leanne
K. Sievers Shelton Group949-224-3874sheltonir@sheltongroup.com
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