CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that Talkpool, a provider of global Internet of Things (IoT) solutions and telecommunication network services, has incorporated Semtech’s LoRa® devices and the LoRaWAN® protocol into its new line of sensor solutions for smart home and building applications. Talkpool’s portfolio of LoRa-based products enable enhanced data monitoring to reduce energy use and help prevent damage in real estate.
“The accurate and real-time data generated by solutions based on Semtech’s LoRa devices and the LoRaWAN protocol enable building managers to effectively optimize energy use and drive down associated costs,” said Boris de Bruin, Marketing and Sales Lead at Talkpool. “LoRa-based energy monitoring reduces waste in smart buildings, helping to ensure compliance with green building initiatives. Solutions are scalable by the number of sensors to simply provide coverage for even the largest real estate properties.”
Talkpool consulted with local insurance providers and developed its LoRa-based home and building applications to actively track energy use and monitor potentially damaging factors, including water leaks, to help building managers increase efficiency and prevent damage. For insurance companies, accurate IoT-based data brings improved pricing policies, accurate premiums and preventative property maintenance. Talkpool recently collaborated with Atrium Ljungberg, a leading real estate developer in Sweden, which would facilitate the deployment of LoRa-based sensors to monitor more than 1.2 million square meters of real estate in 2020. Connecting its properties with LoRa-based applications offers substantial cost savings as a result of reduced energy waste. Additionally, Talkpool’s LoRa-based solutions assist in establishing building compliance with leading sustainability initiatives, including the LEED and BREEAM certifications, to maximize real estate return on investment (ROI), as well as attract and retain tenants.
“Smart home and building applications provide customers with accessible and actionable data on which to combat waste and reduce inefficiencies,” said Marc Pegulu, Vice President of IoT in Semtech’s Wireless and Sensing Products Group. “The flexibility of LoRa devices and the LoRaWAN protocol enables the development of applications for smarter and simpler management. Talkpool’s innovative applications bring ease of use to customers and create effective cost-saving solutions for a quick ROI.”
To learn more about Semtech’s LoRa devices, visit the website.
About Semtech’s LoRa® Devices
Semtech’s LoRa devices are widely adopted long-range, low-power solutions 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 Talkpool
Talkpool enables the IoT ecosystem by providing professional services and solutions for Internet of Things and the emerging Cloud infrastructures. Talkpool also delivers a comprehensive range of network design, engineering, implementation and managed services designs for the world’s foremost telecommunications operators, system vendors and prime contractors. For more information, visit www.talkpool.com
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 “would,” “offers,” “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 and LoRa are registered trademarks or service marks of Semtech Corporation or its affiliates.
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