Semtech has announced that The Lace Company has deployed an IoT network, enabled by LoRa RF technology, covering more than a dozen major cities in Russia including Moscow and Saint Petersburg. The Lace Network covers more than 30m people across 9,000km2 and is the first and largest LPWAN to target coverage in Russia, a significant milestone for the IoT movement and LoRaWAN standardisation through the LoRa Alliance.
The LoRaWAN protocol standardises Low-Power, Wide-Area Networks (LPWANs) with direct connection of low-power end devices to gateways and cloud-based network serves to enable interoperability between IoT applications. The LoRa Alliance, which includes both Semtech and Lace and was launched earlier this year, is a fast-growing alliance with the goal to standardise LPWAN for IoT networks globally. The Alliance includes leading IoT solution providers, major telecom companies and numerous companies developing products for IoT.
BI Intelligence predicts that by 2019 the IoT network revenues will exceed $1.7 trillion making it the biggest market in the world far larger than smartphones, computers, tablets and smart cars combined. The applications targeted and being deployed in the Lace Network included home energy monitoring, remote health monitoring, agriculture, environment protection, flexible vehicle insurance plans, alarm systems, transportation and smart city.
“Our network allows the user to connect to an unlimited number of smart sensors,” said Igor Shirokov, CEO, Lace. “We are providing connectivity to any device that supports the open LoRaWAN standard. Any third party company can create new businesses and services in IoT and M2M market based on our network and the LoRaWAN protocol.”
“We enjoyed working with the Lace engineering team on this network as they have a very unique vision for the impact that IoT can have for improving the lives of people throughout Russia,” said Marc Pegulu, Vice President and General Manager, Semtech Wireless, Sensing and Timing Product Group. “This network is another example of how LoRa RF technology is being selected for IoT network deployments worldwide due to the open standardisation through the LoRa Alliance and the extremely strong ecosystem of partners such as Lace.”