CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, announced that GND Solutions (GND), an Internet of Things (IoT) solution provider for the industrial, smart city and smart energy segments, has integrated Semtech’s LoRa® devices and the LoRaWAN® protocol into its new smart refrigeration solutions for restaurant applications. Recently, a seven-story, five-star restaurant in Dubai deployed GND’s LoRa-based solutions into its kitchens and refrigerators. Following the solution’s deployment, the restaurant saw a reduction of up to 40 percent of its operational cost due to greater food management efficiency.
“Accurately, efficiently and reliably monitoring food from refrigerator to table is one of the most prominent challenges in a restaurant setting,” said Siva Reddy, Founder and MD at GND Solutions. “Utilizing the advantages of Semtech’s LoRa devices for a simple deployment, GND installed a single gateway and 500 sensors in the Dubai restaurant. Restaurant managers were then able to leverage the IoT solution to monitor the temperature data of food in real time as it moves throughout the kitchen.”
In the United States alone, food waste is estimated to be between 30 to 40 percent of the total food produced annually. This amount corresponds to approximately $161 billion worth of food in 2010. In the restaurant industry, managers carefully monitor food from refrigerator to table to prevent waste and extend shelf life. However, many factors affect food safety and contribute to waste, most notably human error in handling and storage. GND’s GLoSe-916T is a LoRaWAN-based wireless IoT solution for humidity and temperature monitoring. For restaurant applications, these IoT solutions provide real time data for managers to ensure the shelf life of food is maximized and it remains safe to consume. The LoRa-enabled sensors report temperature data to managers at customizable intervals to eliminate human error and allow close surveillance of food condition and safety. Sensors simply deploy into refrigerator infrastructure without additional wiring, operate up to two years on a single battery charge and accurately report temperatures between -40°C and 100°C.
“Semtech’s LoRa devices and the LoRaWAN protocol provide the ideal feature set for smart refrigeration applications, enabling consistent and accurate temperature monitoring,” said Marc Pegulu, Vice President of IoT in Semtech’s Wireless and Sensing Products Group. “By leveraging LoRaWAN’s proven advantages, GND is able to accelerate a product to market that keeps refrigerator contents safe, preventing waste and reducing cost to the customer.”
About Semtech’s LoRa® Devices
Semtech’s LoRa devices 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 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 GND Solutions
GND Solutions primarily focuses on bringing innovative and transformative concepts to products in the areas of IoT, M2M for industrial, smart cities and smart energy segments. These solutions include end-to-end, node to Cloud analytics and visualization, allowing for quick time-to-market, increasing the competitive barrier in the global market. For more information, visit http://www.gndsolutions.in/index.html.
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 “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
