In collaboration with Semtech, Oxit’s smart utilities team is the catalyst and facilitator for intelligent energy initiatives
CAMARILLO, Calif., Aug. 5, 2021 – Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced its collaboration with Oxit, a leading company focusing on true innovation in Internet of Things (IoT) services through the creation of solutions for a series of intelligent energy initiatives. Semtech will support the initiatives with its low power wide area network (LPWAN) solutions which complements Oxit’s team of smart utilities experts. Oxit CEO, Josh Cox will discuss the collaboration at ENTELEC Conference & Expo 2021 in his presentation, “Intelligent Energy: Control and Condition Monitoring for Complete CGSS,” on August 10 in Houston, TX at the George R. Brown Convention Center.
The annual ENTELEC Conference & Expo brings together industry professionals, exhibitors and vendors to continue sharing knowledge and educating each other about the latest developments in energy, telecommunications, and oil & gas. There, Oxit will present on how smart utilities will be transformed through IoT in a special presentation. “Presenting at ENTELEC 2021 provides an ideal platform to continue to showcase how the utilities and IoT work hand-in-hand,” said Ashley Pope, Oxit director of operations. “We invite all those interested in the smart control and monitoring of gas utilities to view our showcase at the annual event and see how Semtech’s LoRa® devices enhance the future of gas safety systems based on LPWAN.”
The global market valuation for LPWAN is forecasted to exceed $80 billion by 2027, according to a Global Market Insights, Inc. report. With the widespread proliferation and demand for IoT devices, Semtech brings its LPWAN and IoT market to Oxit’s new initiatives. “Our collaboration with Oxit for new smart utilities initiatives continues to highlight the ongoing growth and value of LPWAN connectivity,” said Marc Pégulu, vice president, IoT product marketing and strategy in Semtech’s Wireless and Sensing Products Group. “The ability to collect data quickly and without interruption will usher in a new era of smart gas utilities to continue to provide services safely.”
To learn more about how Oxit and Semtech are leading intelligent energy initiatives at ENTELEC Conference & Expo, please visit here.
About Semtech’s LoRa® Platform
Semtech’s LoRa device-to-Cloud platform is a globally adopted long range, low power solution for IoT applications, enabling the rapid development and deployment of ultra-low power, cost efficient and long range IoT networks, gateways, sensors, module products, and IoT services worldwide. Semtech’s LoRa devices provide the communication layer for the LoRaWAN® standard, which is maintained by the LoRa Alliance®, an open IoT alliance for Low Power Wide Area Network (LPWAN) applications that has been used to deploy IoT networks in over 100 countries. Semtech is a founding member of the LoRa Alliance. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site.
Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer 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.
Since its launch in 2014 as a Charlotte, NC based company, Oxit has continually focused on expert IoT services through the creation of solutions and products for an adaptive global business marketplace. Now internationally represented, Oxit's goal remains the same: to serve clients with their end customer's experience and satisfaction in mind, and to assist clients in building revenue and commercial growth by expanding the possibilities, services, and experiences across the market. Find out how Oxit's 10+ years of IoT experience, 100+ product launching expertise, and 1,000,000+ connected devices deployment knowledge can be leveraged for YOUR product at www.oxit.com.
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