Semtech and Traxmate Allow Precision IoT Asset Monitoring

Combines Traxmate’s AI-enhanced exact Web of Issues (IoT) positioning and monitoring with Semtech’s location-aware LoRa Edge™ platform and low-power, wide-area community (LPWAN) connectivity
Hybrid answer delivers unmatched effectivity for seamless indoor and outside asset monitoring

Semtech Company, a high-performance semiconductor, IoT programs and Cloud connectivity service supplier, right now introduced its collaboration with Traxmate, a number one international IoT monitoring platform supplier, to supply a seamless indoor and outside asset monitoring answer.

Combining Traxmate’s exact location and monitoring providers with Semtech’s low-power, location-aware LoRa Edge platform, the hybrid answer offers unmatched effectivity for positioning, monitoring, and routing of IoT-connected property.

In line with Beecham Analysis, the IoT-supported asset monitoring market is predicted to account for over 90% of all related enterprise and industrial choices by 2030. With higher visibility and management over their logistics networks, companies can considerably scale back loss and theft by monitoring high-value property in real-time. Within the U.S. alone, the influence of cargo theft is estimated at over $30 billion {dollars} yearly.

“Semtech’s LoRa Edge platform combines the strength of long-range connectivity with an ultra-low power GNSS resolver, making it the perfect complement to Traxmate’s AI-enhanced positioning services,” mentioned Rikard Windh, COO at Traxmate. “Together, this enables unparalleled, real-time location accuracy in 2D and 3D to revolutionize asset management with enhanced accuracy and efficiency.”

“The collaboration with Traxmate underscores Semtech’s commitment to drive technology solutions that simplify and accelerate IoT applications,” mentioned Madhu Rayabhari, senior vice chairman and common supervisor of Semtech’s Analog, Blended Sign and Wi-fi Merchandise Group.

“For asset tracking, a hybrid approach like this can provide the true ubiquitous coverage needed for robust and secure supply chain networks.”

Semtech at The Issues Convention 2024

Semtech’s demos in sales space #C01 will showcase its newest LoRaWAN® and IoT options. The convention agenda additionally contains Semtech IoT specialists in keynote, panel, and workshop discussions.