Via a robust LoRaWAN® infrastructure, smart
meters reduced human error by more than 80% compared to manual
reading
Semtech Corporation (Nasdaq: SMTC), a leading global supplier of
high performance analog and mixed-signal semiconductors and
advanced algorithms, announced that Sindcon (Singapore) IoT
Technology Pte Ltd, a provider of low power wide area network
(LPWAN) Internet of Things (IoT) metering solutions, and IoT Kreasi
Indonesia, an end-to-end IoT solution provider, have leveraged
Semtech’s LoRa® devices and the LoRaWAN® standard for its
battery-powered smart water and electricity meters. Use of LoRa
devices and LoRaWAN streamline smart utilities operations for smart
buildings.
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Via a robust LoRaWAN® infrastructure,
smart meters reduced human error by more than 80% compared to
manual reading (Photo: Business Wire)
For larger buildings with several tenants, manual metering can
be a labor-intensive process and is prone to human error, resulting
in unfair billing. Sindcon and IoT Kreasi Indonesia developed its
battery-powered smart meters utilizing LoRaWAN to eliminate the
manual energy and water meter reading process entirely. The smart
meters further benefit from LoRaWAN connectivity for remote control
of the water meters to open and close the water valve as
needed.
“When designing our smart meters, reliability and constant
connectivity where the key factors,” said Deyu Chen, CEO and
co-founder of Sindcon. “The robustness of LoRaWAN helped us to
achieve over 90% data success rate. In addition, its low power
capabilities extend battery life of up to seven years.”
This deployment of water and electricity meters installed in
tall buildings is typical of dense urban environments with over
20,000 habitants per km² proving that LoRaWAN can support high
density while ensuring a remaining capacity to add other
applications in future.
The success of the smart meters has been seen in the LLOYD
apartment complex located in Indonesia that covers a total area of
.045 per km² (4.5 Ha) with 27 towers. “Implementing LoRaWAN for the
smart meter solutions was a key factor in the overall success of
the LLOYD deployment,” said Aldi Kurniawan, CEO and co-founder of
IoT Kreasi Indonesia. “Due to the improved billing transparency,
LLOYD tenant satisfaction increased more than 50% and are now
empowered to monitor their own utilities usage daily with no
surprise bill at the end.”
“LoRaWAN is meeting the needs of the smart building segment,”
said Marc Pégulu, vice president and general manager for Semtech’s
Wireless and Sensing Products Group. “Alongside Semtech’s LoRa
devices, the ability to enable efficient and economical use of a
building’s resources, while creating a safe and comfortable for its
tenants, highlight Semtech’s commitment toward creating a smarter
planet.”
To learn more about Sindcon’s LPWAN solutions, please visit
here.
For more LoRa smart building applications, please visit
here.
About Semtech’s LoRa® Platform
Semtech’s LoRa chip-to-Cloud platform is a globally adopted long
range, low power solution for Internet of Things (IoT)
applications, enabling the rapid development and deployment of long
range, ultra-low power and cost efficient IoT networks, gateways,
sensors, module products, and IoT services worldwide. Semtech’s
LoRa technology provides the communication layer for the LoRaWAN®
standard, which is maintained by the LoRa Alliance®, an open IoT
alliance for Low Power Wide Area Network (LPWAN) applications that
has been used to deploy IoT networks in over 173 countries. Semtech
is a founding member of the LoRa Alliance and produces the “The WAN
Network Show” podcast to connect massive IoT end users to operators
of LoRaWAN networks around the world. With the proliferation of
LoRa devices and the LoRaWAN standard, the LoRa Developer Portal is
a technical support platform for IoT innovators to learn, connect,
collaborate, and find resources to help accelerate product
development efforts and expedite time to market. To learn more
about how LoRa enables IoT and creates a more sustainable and
smarter planet, visit Semtech’s LoRa site.
About Sindcon
Sindcon is one of the pioneer companies based in Singapore
focusing on One-Stop IoT Metering Solution from device to IoT
platform based on Low Power Wide Area Network (LPWAN) technology.
The founder of Sindcon graduated from Nanyang Technology University
of Singapore (NTU) with Ph.D degree and had more than 10 years’
semiconductor design experience in Broadcom before setting up
Sindcon. Since Sindcon was established in 2015, Sindcon started
implementing smart LoRaWAN meters (gas, water & electricity) as
well as various IoT sensors commercially and providing IoT Platform
service in various projects across Singapore, Indonesia and
Malaysia. Please visit the Sindcon website to learn more,
www.sindcon.com.sg.
About Semtech
Semtech Corporation is a leading global supplier of high
performance analog and mixed-signal semiconductors and advanced
algorithms for infrastructure, high-end consumer and industrial
equipment. Products are designed to benefit the engineering
community as well as the global community. Semtech 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 “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 include, but are not limited to: future
responses to and effects of the ongoing COVID-19 pandemic or other
similar crises; export restrictions and laws affecting Semtech
Corporation’s trade and investments, and tariffs or the occurrence
of trade wars; worldwide economic and political disruptions,
including as a result of inflation and the current conflict between
Russia and Ukraine; competitive changes in the marketplace
including, but not limited to, the pace of growth or adoption rates
of applicable products or technologies; downturns in the business
cycle; and the additional risk factors set forth in Semtech
Corporation’s Annual Report on Form 10-K filed with the Securities
and Exchange Commission (www.sec.gov) on March 16, 2022 as such
risk factors may be updated, amended or superseded from time to
time by subsequent reports that Semtech Corporation files with the
Securities and Exchange Commission. 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 and LoRa are registered trademarks or
service marks of Semtech Corporation or its subsidiaries.
SMTC-P
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Tam Nguyen Semtech Corporation tamnguyen@semtech.com
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