ReportLinker | November 25, 2022
Reportlinker.com announces the release of the report "Growth Opportunities for Sensors Enabling IoT in Retail"
However, sensors as a standalone device would not be able to play a vital role in the IoT space as only partial data would remain.
Hence, enabling technologies that assist data collection and analysis are necessary to generate meaningful information.
Retail IoT includes technologies that collect data (sensors) and those that integrate sensors and facilitate a more immersive retail customer experience.
The IoT in retail will primarily transform supply chain management (SCM) and customer engagement opportunities.
With the need for the end-to-end traceability of goods and services in retail SCM increasing, and end users having high expectations of an immersive customer experience, it is imperative that retail industry participants across the value chain integrate IoT capabilities to compete. The scope of this research study is limited to technologies that enable an interactive and immersive customer experience.
The study assesses emerging technologies that facilitate a personalized customer experience in the retail industry, including sensors, RFID, Bluetooth, Wi-Fi, advanced display, smart lighting, robotics, VR/AR, data analytics, and IoT-based payment technologies, such as NFC.
Questions the Research Addresses:What are the main enabling technologies transforming IoT in retail?What are the key factors influencing adoption in the innovation ecosystem? What are the key industry initiatives? Who are the main participants impacting technology development?What are the patent and funding trends in the retail IoT space?What are the future growth opportunities for market participants?
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SOFTWARE AND TOOLS
Globalstar | December 07, 2022
Globalstar, Inc. (NYSE American: GSAT) today announced a commercial agreement with Wiagro, an Agtech start-up from Argentina. Globalstar is supplying Wiagro with 2,500 ST100 satellite modem transmitters for their Smart Silobag®, which allows for the remote monitoring of grain conditions stored in silo bags. The partnership is effective immediately with completion of deployment anticipated through the end of 2024.
The Smart Silobag is utilized during the post-harvest process to increase efficiency during storage and transport. The IoT solution developed by Wiagro can collect information on the temperature, humidity, CO2 levels, and detects rips caused by animals or acts of vandalism, in addition to real-time geolocation. The Globalstar ST100 satellite modem was selected due to its reduced size, low consumption, reliable service, and affordable price.
“Agriculture is quickly adopting IoT technology in Latin America and Globalstar is well equipped to provide developer solutions that enable reliable satellite connectivity for tracking and monitoring. We have already established a presence in Brazil, and we are now expanding into Argentina with our partner, Wiagro.”
-Juan Porras, Latin America General Manager,Globalstar.
Through the implementation of satellite technology, we’ve delivered optimization of field operations through the real-time monitoring of crops. Our innovation has supported producers, collectors, and transporters in reducing the margin of error by providing precise visibility on the status of each batch. Through increased visibility, we can guarantee our customers that the quality and quantity of the harvest is not compromised during the process, said Ariel Ismirlian, founding partner of Wiagro.
About Globalstar, Inc:
Globalstar empowers its customers to connect, transmit and communicate in smarter ways – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. The Company’s LEO satellite constellation assures secure data transmission for connecting and protecting assets, delivering key operational data, and saving lives – from any location – for consumers, businesses, and government agencies across the globe. Globalstar’s terrestrial spectrum, Band 53/n53, offers carriers, cable companies, and system integrators a versatile, fully licensed channel with a growing ecosystem to improve customer wireless connectivity. In addition to SPOT GPS messengers, Globalstar offers next-generation IoT hardware and software products for efficiently tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions to drive safety, productivity, and profitability.
WIAGRO’s scope is to create a worldwide post-harvest digital platform, where the agricultural farmer can access not only the conservation parameters of the stored grains to determine their status and avoid unnecessary losses, but also access to other players such as warrant logistic or transport companies, part of the value chain with digitized data allowing the reduction of operating costs.
SOFTWARE AND TOOLS
Sierra Wireless | January 13, 2023
Semtech Corporation and Sierra Wireless, Inc. said that Semtech has finished buying Sierra Wireless in an all-cash deal that is worth about US$1.2 billion to the business as a whole. The acquisition positions Semtech as the leading provider of low-power, wide-area (LPWA) wireless IoT solutions, enabling it to better serve customers and markets across the globe.
This nearly doubles Semtech's annual revenue and adds about $100 million in high-margin recurring revenue from IoT cloud services. The acquisition should immediately boost non-GAAP EPS and generate US$40 million in operational synergies within 12–18 months.
Mohan Maheswaran, Semtech’s president and chief executive officer, said, “Sierra Wireless brings nearly 30 years of leadership in cellular IoT and a strong and diverse device-to-cloud IoT solutions portfolio." He added, "Combined with Semtech’s LoRa-enabled end nodes, we believe we are very well positioned to deliver a highly differentiated, end-to-end platform to enable the transformation to a smarter, more sustainable planet." He further added, “Our combined company will have strong expertise in high bandwidth cellular connectivity, ultra-low power LoRa connectivity, IoT software and services, and extensive knowledge of IoT hardware and software channels and vertical markets." "We believe that Semtech is uniquely positioned to deliver a strong product portfolio and service model to customers across high growth IoT segments.”
The companies expect to enable the transformation to a smarter, more sustainable planet by creating a comprehensive Internet of Things (IoT) platform. By combining Semtech’s hardware-centric technologies with Sierra Wireless’ cloud-based software and services and advanced data analytics capabilities, the platform will provide customers with a unique, end-to-end IoT solution.
About Semtech Corporation
Semtech Corporation, a global leader in high-performance analog and mixed-signal semiconductors and advanced algorithms, provides solutions for infrastructure, high-end consumer, and industrial equipment. With 60 years of experience in designing and manufacturing proprietary platforms, the company is known for its innovative, efficient, and high-performing products. Original equipment manufacturers (OEMs) and their suppliers use their balanced portfolio of semiconductor products for a wide range of applications, such as in cars, data centers, the Internet of Things (IoT), and wireless infrastructure. Since its founding in 1960 as a manufacturer of high reliability products, Semtech has grown to become a multinational technology innovator, developing solutions that promote safety, productivity, sustainability, and social responsibility. The company's highly skilled teams work to develop new products that solve complex design challenges, making a positive impact on the world.