Network operator Lace is rapidly expanding its LoRa low-power, wide-area network (LPWAN) coverage.
Semtech, a leading supplier of analog and mixed-signal semiconductors, today announced The Lace Company, a global wireless network operator, has deployed an Internet of Things (IoT) network, enabled by LoRa® RF technology, covering more than a dozen major cities in Russia including Moscow and Saint Petersburg.
The Lace Network covers more than 30 million people across 9,000 square kilometers, and is the first and largest LPWAN to target coverage in Russia, a significant milestone for the IoT movement and LoRaWAN™ standardization through the LoRa Alliance.
The LoRaWAN protocol standardizes low-power, wide-area networks (LPWAN) with direct connection of low-power end devices to gateways, and cloud-based network serves to enable interoperability between IoT applications. The LoRa Alliance, which includes both Semtech and Lace and was launched earlier this year, is a fast-growing alliance with the goal to standardize LPWAN for IoT networks globally. The Alliance includes leading IoT solution providers, major telecom companies and numerous companies developing products for IoT.
BI Intelligence predicts that by 2019 the Internet of Things network revenues will exceed $1.7 trillion making it the biggest market in the world far larger than smartphones, computers, tablets and smart cars combined. The applications targeted and being deployed in the Lace Network included home energy monitoring, remote health monitoring, agriculture, environment protection, flexible vehicle insurance plans, alarm systems, transportation and smart city.
Igor Shirokov, CEO of Lace Ltd; said:
“Our network allows the user to connect to an unlimited number of smart sensors. We are providing connectivity to any device that supports the open LoRaWAN standard. Any third party company can create new businesses and services in IoT and M2M market based on our network and the LoRaWAN protocol.”
“We enjoyed working with the Lace engineering team on this network as they have a very unique vision for the impact that IoT can have for improving the lives of people throughout Russia,” said Marc Pegulu, Vice President and General Manager, Semtech Wireless, Sensing, and Timing Product Group.
“This network is another example of how LoRa RF technology is being selected for IoT network deployments worldwide due to the open standardization through the LoRa Alliance and the extremely strong ecosystem of partners such as Lace.”