Semtech Corporation, a leading global supplier of high-performance analog and mixed-signal semiconductors, has announced that Sweden-based IoT solutions provider Nordic Propeye has integrated Semtech's LoRa devices and the LoRaWAN standard into its new HVAC optimization solution, which is being launched in the US to reduce energy consumption in buildings. The HVAC optimization solution uses LoRa devices and the LoRaWAN protocol to collect data from buildings, analyze the data, and optimize air conditioning and heating systems to use less energy.
“LoRa devices and the LoRaWAN standard are digitally transforming property management with simplified, smart solutions around the globe. Nordic Propeye’s unique solution, incorporating AI technology, allows existing properties to be easily converted to smart, sustainable buildings and delivers cost savings to customers and increased safety for occupants.”
- Marc Pégulu, vice president and general manager for Semtech’s Wireless and Sensing Products Group
The solution uses data from wireless sensor devices to monitor CO2 levels, temperature, humidity, and real-time room occupancy and leverages weather forecasting data and artificial intelligence to continuously learn and predict the temperatures of HVAC zones. Semtech's LoRa devices and LoRaWAN protocol are a safe, scalable, and reliable way to send large amounts of data in real time over a wireless network.
It also has a predictive maintenance feature that alerts building operators when system anomalies arise to prevent equipment failures. The combination of Semtech's LoRa devices, the LoRaWAN protocol, and Nordic Propeyes' HVAC optimization solution provides building operators with increased visibility into the performance of their HVAC systems. The solution is expected to achieve 15–30% energy savings for customers.
About Semtech
Semtech Corporation is a global leader in high-performance analog and mixed-signal semiconductors, as well as advanced algorithms for infrastructure, high-end consumer, and industrial applications. Products are intended to benefit both the engineering community and the global community. The company is committed to reducing the environmental impact of its operations and products. Internal green programs aim to reduce waste by controlling materials and manufacturing, implementing green technology, and designing for resource efficiency. Semtech, which has been publicly traded since 1967, is represented by the symbol SMTC on the Nasdaq Global Select Market.