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Semtech Releases Reference Kit to Simplify Adoption of LoRa®-based Asset Tracking Solutions
New kit enables quicker set-up times for the more effective evaluation and time-to-market of a broader set of potential asset tracking solutions CAMARILLO,
About this update from Semtech Corporation
[{"type":"text","content":"\nNew kit enables quicker set-up times for the more effective evaluation and time-to-market of a broader set of potential asset tracking solutions\n\n CAMARILLO, Calif.--(BUSINESS WIRE)--\nSemtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced the release of its Asset Tracking Reference Kit to accelerate the adoption of asset tracking solutions based on LoRa® devices and the LoRaWAN® protocol, and facilitate the confirmation of the business value of such solutions.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200129005017/en/Semtech Asset Tracking Kit Available (Graphic: Business Wire)\n\nAccording to IHS Markit LPWAN market report 2019, worldwide connections in asset management have grown from 15 million in 2017 to more than 50 million in 2019, and are expected to reach almost 500 million in 2023. Despite the continued growth of IoT for asset tracking, the highly technical nature of IoT serves as a barrier to entry for many potential businesses. As preferred IoT solutions, LoRa devices offer a proven feature set for enabling a wide range of asset tracking solutions that meet customer needs and deliver real return on investment. Asset tracking often requires sensors to be installed in industrial environments minimizing the impact on the production. LoRa devices’ unique ability to provide cost-effective infrastructure for both indoor and outdoor coverage with geolocation combined with multiple year battery life make the platform the preferred technology for asset tracking projects.\n\n\n“For companies that need indoor presence detection and outdoor geolocation, the Semtech Asset Tracking Reference Kit illustrates how easily LoRaWAN® private network coverage can be achieved in combination with geolocation,” said Pierre Gelpí, Director of Vertical Marketing for Logistics Asset Tracking in Semtech’s Wireless and Sensing Products Group. “System integrators will be able to start customer projects expeditiously and enterprise users will be able to evaluate the value of LoRaWAN-based solutions for their business processes without needing to have extensive knowledge of IoT technologies.”\n\n\nThe Semtech Asset Tracking Reference Kit allows users to locate outdoor assets around a sp...