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SiTime Transforms Precision Timing with New Epoch Platform
Opening a $2 Billion Market in the Next Decade and Setting a New Bar with Unmatched Performance and Reliability SANTA CLARA, Calif.--(BUSINESS WIRE)-- SiTime
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[{"type":"text","content":"\nOpening a $2 Billion Market in the Next Decade and Setting a New Bar with Unmatched Performance and Reliability\n\n\n SANTA CLARA, Calif.--(BUSINESS WIRE)--\nSiTime Corporation (NASDAQ: SITM), the precision timing company, today announced the SiTime Epoch Platform™, designed to solve the most complex timing issues in electronics and disrupt 100-year-old quartz-based technology. The SiTime Epoch Platform is a MEMS-based, oven-controlled oscillator (OCXO) that delivers an ultra-stable clock to datacenter and network infrastructure equipment, unlocking a cumulative $2 billion served addressable market (SAM) in the next decade. Over time, Epoch technology will be extended to other high-growth electronics markets, such as aerospace and defense, industrial controls and more.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230919903817/en/SiTime Epoch Platform delivers 2x longer holdover and ensures reliable, continuous network operations. (Photo: Business Wire)\n“The release of the Epoch Platform is a pivotal moment for SiTime and the electronics industry,” said Rajesh Vashist, CEO and chairman of SiTime. “For many years, customers lived with the shortcomings of existing timing technologies because there were no viable alternatives. They compromised on real-world performance, reliability and power, to name just a few. SiTime’s Epoch Platform changes the game, delivering higher performance and reliability with lower power that was unavailable until now. These benefits are the result of a half-decade of engineering investment and a systems-based development approach that combines MEMS, analog, packaging and algorithms. Epoch, along with new products introduced since 2020, with more to come, will expand our communications and enterprise annual SAM to $1.3 billion by 2024. We believe precision timing will be a catalyst for innovation in all electronics and will drive our future success.”\n\n\nPrecision timing is critical to network performance and reliability. All nodes in the network must be synchronized in time. For example, all nodes in a 5G network must always be synchronized within hundreds of nanoseconds, which is 10X more stringent than 4G. This level of synchronization must be maintained despite network outages. By delivering up to 2X better performance, 9X smaller ...