IBM Research (NYSE:IBM) and Semtech (Nasdaq: SMTC) today announced a new technology based on low-power, wide-area networks (LPWANs) that offers significant advantages over cellular networks and Wifi for providing machine to machine (M2M) communications.
Gagnon will be responsible for the Senet network which today provides more than 45,000 square miles of coverage throughout the USA. With plans to more than triple that throughout 2015, Gagnon will oversee the update and continuing rollout of Senet’s next generation network, completing the installation of 40 new towers currently underway, and an additional 150 towers scheduled for installation by midyear.
Semtech Corp. (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, today announced its LoRa™ long distance radio transceiver technology has been selected by Senet Inc., an Internet of things (IoT) network-as-a-service provider based in Hudson, N.H., for a new long range, low power IoT heating-fuel sensor network.
Senet, a leader in the rapidly emerging Internet of Things (IoT) / Machine-to-Machine (M2M) market, continues to develop the Senet executive management team with the addition of Dave Kjendal as Chief Technology Officer and Vice President, Engineering.
EnerTrac, a New Hampshire company founded nearly five years ago with a mission to help home heating fuel vendors make their delivery services more profitable, efficient and timely, has recently expanded into an Internet of Things services firm that hopes its low-cost, long-range wireless technology will attract new customers from a host of industries. The shift comes in combination with a new name—EnerTrac is now Senet, a reference to "sensible network."
Today EnerTrac announces a major restructuring, and the launch of Senet, the Sensible Network Company. For over 4 years EnerTrac has been building its own private Long Range/Low Cost network based on proprietary RF technology as it has successfully rolled out its home heating fuel delivery automation system across the country.