Semtech
Corporation (Nasdaq: SMTC), a leading supplier of high performance
analog and mixed-signal semiconductors and advanced algorithms,
announced that Axino
Solutions, an innovative software and systems integrator for the
planning and implementation of comprehensive IT solutions, has
integrated Semtech’s LoRa®
devices and wireless radio frequency technology (LoRa Technology) into
its smart refrigeration solutions to track food temperature for the food
retail industry. Axino’s LoRa-based solution has been deployed globally
including with Migros, Switzerland’s largest supermarket chain. Since
deployment of a LoRa-based solution, Migros has measured hundreds of
thousands of Euros of savings per year.
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Semtech and Axino (Graphic: Business Wire)
“Semtech’s LoRa Technology is an enabling platform which provided us
just with the right resilient wireless signal to be able to roll out our
solution in. LoRa Technology provides us with the right plug-and-play
characteristics for an easy to deploy and maintain solution, making this
solution very attractive to potential customers,” said Ihab Hourani, CTO
at Axino Solutions. “For smart refrigeration solutions, LoRa Technology
allows accurate and consistent monitoring of temperature data. Axino’s
artificial intelligence (AI) algorithms utilize this data to predict
core temperatures of different food items and automatically adjust
temperature levels to comply with safety regulations. As a result,
customers reduce their amount of wasted product and increase their
return on investment.”
In the food retail industry, food must be carefully monitored to ensure
shelf life is maximized and it remains safe to consume. Additionally,
food often has a long journey that is transported by a refrigerated
truck to the supermarket, traveling from temperature-controlled
warehouse to the final shelf. Many factors over the course of this
journey may affect food safety and quality, including improper handling
by personnel and inaccurate refrigerator calibration. Axino’s LoRa-based
temperature sensors quickly deploy into refrigeration infrastructure
through a magnet with no external wiring. The sensor monitors core
temperature data in real-time and is accurate to one degree Celsius.
Sensors can be preprogrammed to adjust individual refrigerator unit
temperatures thereby maintaining a consistent temperature and keeping
food safe. Real-time data evaluation and autonomous refrigeration
adjustment help eliminate human error, prolong food shelf life and save
customers money.
“LoRa-based solutions, such as those from Axino, are simple to deploy
and provide the capacity to accurately and consistently track data for
years at a time,” said Marc Pegulu, Vice President of Internet of Things
(IoT) for Semtech’s Wireless and Sensing Products Group. “The smart
supply chain and logistics IoT market could be worth as much as $6.3
trillion by 2025. LoRa Technology’s ease of deployment, scalability
and cost-saving capabilities make it a de facto leader for IoT, and well
equipped to lead this space.”
Axino will be presenting at the LoRa Alliance’s LoRaWAN® Live and Market
Place. Visit here
to learn more.
About Semtech’s LoRa® Devices and Wireless RF Technology
Semtech’s LoRa devices and wireless radio frequency technology is a
widely adopted long-range, low-power solution for IoT that gives telecom
companies, IoT application makers and system integrators the feature set
necessary to deploy low-cost, interoperable IoT networks, gateways,
sensors, module products, and IoT services worldwide. IoT networks based
on the LoRaWAN® specification have been deployed in 100 countries and
Semtech is a founding member of the LoRa Alliance™, the fastest growing
IoT Alliance for Low Power Wide Area Network applications. To learn more
about how LoRa enables IoT, visit Semtech’s LoRa
site.
About Axino Solutions
The Axino Group, consisting of Axino Solutions AG in Switzerland and
Axino Solutions GmbH in Germany, is a leading provider of communications
solutions and services. Designed, implemented and based on innovative
software Axino Solutions operates comprehensive enterprise services IT
solutions Management (ESM), Enterprise Asset Management (EAM) and Mobile
Solutions, IoT Solutions as well as International Carrier Business
Support Systems. The company focuses on the automotive, energy, retail,
pharma, telecommunications, and local and government customer segments.
For more information, visit https://www.axino-group.com/
About Semtech
Semtech Corporation is a leading supplier of high performance analog and
mixed-signal semiconductors and advanced algorithms for high-end
consumer, enterprise computing, communications, 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.
Forward-Looking and Cautionary Statements
All statements contained herein that are not statements of historical
fact, including statements that use the words “will,” “designed to,” or
other similar words or expressions, that describe Semtech Corporation’s
or its management’s future plans, objectives or goals are
“forward-looking statements” and are made pursuant to the Safe-Harbor
provisions of the Private Securities Litigation Reform Act of 1995, as
amended. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors that could cause the actual
results of Semtech Corporation to be materially different from the
historical results and/or from any future results or outcomes expressed
or implied by such forward-looking statements. Such factors are further
addressed in Semtech Corporation’s annual and quarterly reports, and in
other documents or reports, filed with the Securities and Exchange
Commission (www.sec.gov)
including, without limitation, information under the captions
“Management’s Discussion and Analysis of Financial Condition and Results
of Operations” and “Risk Factors.” Semtech Corporation assumes no
obligation to update any forward-looking statements in order to reflect
events or circumstances that may arise after the date of this release,
except as required by law.
Semtech, the Semtech logo, LoRa, and LoRaWAN are registered trademarks
or service marks of Semtech Corporation or its affiliates.
SMTC-P
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