Telit Communications PLC New Cellular Low Power Wide Area Modules
11 Novembre 2019 - 3:52PM
RNS Non-Regulatory
TIDMTCM
Telit Communications PLC
11 November 2019
RNS REACH
Telit Communications PLC
Telit Adds New Cellular Low Power Wide Area Modules to
Portfolio
London, 11 November 2019 - Telit Communications PLC ("Telit",
"the Group", AIM: TCM), a global enabler of the Internet of Things
(IoT), today announces two new Narrow Band-IoT modules to the Telit
portfolio with a global set of bands from Telit unified family form
factors, the modules are ideal for 2G to 4G NB-IoT transition and
offer the lowest power consumption for battery-driven applications
that will help optimize cost.
In addition to extending coverage for ubiquitous connectivity,
use cases include smart metering for electricity, gas and water,
smart city applications, smart agriculture and almost any type of
industrial sensor or mass-deployment application - all of which
benefit from low power and enhanced coverage without high data rate
requirements.
According to Market Research, the number of IoT-connected
devices is predicted to reach 38.5 billion in 2020, up from 13.4
billion in 2015: Beyond smart home applications, industrial and
public services sectors including retail, utilities, security and
surveillance, healthcare and agriculture will collectively provide
the largest portion of the device base, with widening applications
driving the growth of the NB-IoT chipset market from USD 272
million in 2019 to USD 2 billion by 2024.
Commercial shipments to customers are expected to commence in Q1
2020.
Paolo Dal Pino, Chief Executive Officer, Telit said:
"We are launching two new modules to address some of the major
challenges OEMs, integrators and device designers have been facing,
particularly for connectivity and battery life. Our new modules
dramatically increase the number of data points they can collect
from their operations and customers via IoT devices. With IoT now
possible at scale and cost, it makes many previously unviable
deployments ROI positive."
Enquiries:
Telit Communications PLC Tel: +44 203 289
Paolo Dal Pino, Chief Executive Officer 3831
Yariv Dafna, Finance Director & President
finnCap (Nomad and Broker) Tel: +44 20 7220
Henrik Persson/Giles Rolls/Hannah Boros (corporate 0500
finance)
Tim Redfern/Richard Chambers (ECM)
FinElk Tel: +44 20 7631
8618
Robin Haddrill/ Cornelia Schnepf
About Telit
Telit (AIM: TCM), is a global leader in Internet of Things (IoT)
enablement, with an extensive portfolio of wireless connectivity
modules, platforms, virtual cellular IoT operator services, and
professional services, empowering hundreds of millions of connected
'things' to date, and trusted by thousands of direct and indirect
customers, globally. With nearly two decades of IoT innovation
experience, Telit continues to redefine the boundaries of digital
business, by delivering secure, integrated end-to-end IoT solutions
for many of the world's largest brands, including enterprises,
OEMs, system integrators and service providers across all
industries, enabling their pursuit of enterprise digital
transformation.
# # #
Copyright (c) 2018 Telit Communications PLC. All rights
reserved. Telit and all associated logos are trademarks of Telit
Communications PLC in the United States and other countries. Other
names used herein may be trademarks of their respective owners.
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END
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