Semtech Corporation (NASDAQ: SMTC), a leading supplier of high-performance analog and mixed-signal semiconductor products and advanced algorithms, announced that Semtech has joined the Euridis Association (Euridis), an international non-profit industry association. It aims to promote the development of standard protocols such as the Device Language Message Specification (DLMS) in the Low Power Wide Area Network (LPWAN) used in the utility industry. By joining the Euridis Association, Semtech brings its expertise in LoRa™ devices and LoRaWAN™ protocols to the members of the association.
Patrick Mortel, President of the Euridis Association, said: “Our mission is to provide next-generation smart products for the energy sector through standardized networks and technical support. The addition of Semtech will enable its LoRa devices to be combined with new, interoperable and innovative public utilities. Business solutions achieve closer collaboration and integration. Combining leading standards such as DLMS with LoRaWAN-based networks can create solutions that seamlessly integrate with other IoT applications, thereby reducing costs and improving efficiency.”
The main goal of the Euridis Association is to develop industry standards for the design and operation of IoT products used in utilities, and to promote their use, such as smart meters and fault detectors.
IHS Markit predicts in its 2019 report* that by 2023, the total number of global low-power wide area network (LPWAN) connections is expected to exceed 1.7 billion, of which the number of smart meter connections will exceed 345 million. Smart utility meters are one of the proven and most successful applications of LoRa devices; it is expected that by 2023, LoRa will account for 35% of all LPWAN-based smart meter connections. LoRa devices and LoRaWAN networks can help customers obtain better return on investment (ROI), and provide utility metering applications such as easy deployment, expandable number of gateways, long-distance connections, low power consumption, and use in utilities There are many advantages such as usage analysis and real-time data monitoring to reduce waste.
“The purpose of Semtech joining the Euridis Association is to use the professional knowledge of the association to promote the continuous growth and application of LoRa devices and the LoRaWAN protocol in the competitive utility metering market.” Semtech Wireless and Sensing Products Department Utility Vertical Marketing Director Rémi Demerlé said, “LoRa devices are designed with simplicity and ease of use in mind, providing a proven solution for the Internet of Things based on LPWAN. The Euridis Association’s focus on simplicity and standardization will help bring LoRa devices Extend to smarter, interoperable applications.”