CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that EasyReach Solutions, an Indian startup specializing in smart IoT solutions for industrial applications, has incorporated Semtech’s LoRa® devices and wireless radio frequency technology (LoRa Technology) into its industrial and smart vehicle monitoring products.
“Semtech’s LoRa Technology allows us to remotely monitor our equipment and vehicles in ways never before thought possible,” said Amol Vedak, Founder and Director at EasyReach. “LoRa provides us the means to more intelligently manage our industrial resources, and the proven, flexible capabilities of the sensors allow the solution to scale to our needs.”
EasyReach’s LoRa-enabled sensors have been developed to include electrical current testing, temperature reading and GPS capabilities. All sensors are compatible with the LoRaWAN™ protocol and have been verified for GPS tracking ability over eight kilometers line of sight. EasyReach’s LoRa-based applications for smart industry include sensors for steam traps, concrete mixers, forklifts, diesel tankers, back hoes, water meters, and trucks. EasyReach has over 600 deployments to date, saving customers money through more efficient industrial management after implementation.
“The benefits of integrating Semtech’s LoRa Technology in industrial asset management solutions go beyond simply providing location information, as supply chain and industrial management companies are looking to more efficiently monitor their equipment health and predict maintenance,” said Vivek Mohan, Director of IoT, Wireless and Sensing Products at Semtech. “LoRa Technology is the ideal choice for low power asset management as the technology enables solutions that are scalable, proven and easy to implement into existing infrastructure and equipment.”
About Semtech’s LoRa® Devices and Wireless RF Technology
Semtech’s
LoRa devices and wireless radio frequency technology is a widely adopted
long-range, low-power solution 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 over 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 and join the LoRa
Community to access free training as well as an online industry
catalog showcasing the products you need for building your ideal IoT
application.
About EasyReach
EasyReach aims to be one of India’s top IoT
solution companies by building solutions that specifically address
Indian problems while keeping the Indian context and constraints in
mind. They are building IoT solutions for the retail industry that
enhance productivity, track assets and improve ROI for brands and
retailers. Eventually EasyReach plans on expanding their offerings to
other verticals with similar needs with what they call the “EasyReach
IoT platform.” Currently, EasyReach is one of India’s biggest cloud
controlled digital signage providers with over 3,000 locations across
the country. Visit their site to learn more: http://easyreach.co.in/
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 “ideal for,” “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,
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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 and LoRa are registered trademarks or service marks, and LoRaWAN is a trademark or service mark, of Semtech Corporation or its affiliates.
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