STOCK TITAN

Semtech and SAS Democratize IoT Solutions for a Better World

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Semtech Corporation (Nasdaq: SMTC) has announced a collaboration with SAS to deliver innovative Edge-to-Cloud IoT solutions aimed at addressing major global challenges, including natural disasters and sustainability. The partnership will leverage LoRaWAN® connectivity and SAS's IoT analytics platform, facilitating the development of effective IoT solutions. This strategic alliance strives to simplify the complexities of IoT implementations, enhancing intelligent decision-making for a smarter and safer planet.

Positive
  • Collaboration with SAS to enhance IoT solutions.
  • Integration of LoRaWAN connectivity with SAS IoT analytics platform.
  • Focus on addressing global challenges like natural disasters and sustainability.
Negative
  • None.

Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, and SAS, the leader in massively parallel analytics and AI, are working together to deliver innovative Edge-to-Cloud IoT solutions that accelerate intelligent decisions for a smarter, safer planet. The end-to-end solutions incorporating LoRaWAN® connectivity with the industry leading SAS IoT analytics platform will simplify the development of IoT solutions that are focused on solving some of the biggest challenges facing the world today: natural disasters, hunger and sustainability.

Semtech and SAS Democratize IoT Solutions for a Better World (Graphic: Business Wire)

Semtech and SAS Democratize IoT Solutions for a Better World (Graphic: Business Wire)

“SAS and Semtech offer proven technologies and innovative industry solutions that address complex challenges in communities. Combining SAS IoT analytics solutions – i.e., data, streaming analytics and AI, with the LoRaWAN standard, strengthens our collaborative vision of providing innovation to create a smarter, safer world,” said Alistair Fulton, vice president and general manager of Semtech’s Wireless and Sensing Products Group.

“IoT is forcing a fundamental shift of business and operational strategies as organizations adopt new models for agile IT, edge analytics and platform-based security,” said Jason Mann, vice president of IoT at SAS. “SAS IoT and Semtech are building an ecosystem of partners to drive the right digital infrastructure strategy to harness IoT data and enable the r

FAQ

What is the partnership between Semtech and SAS about?

Semtech and SAS are collaborating to deliver Edge-to-Cloud IoT solutions that address global challenges such as natural disasters and sustainability.

How will the Semtech and SAS collaboration impact IoT development?

The partnership aims to simplify IoT solution development by integrating LoRaWAN connectivity with SAS's advanced IoT analytics platform.

What technologies are being combined in the Semtech and SAS partnership?

The collaboration combines SAS IoT analytics solutions with LoRaWAN connectivity to enhance smart decision-making.

What challenges does the Semtech and SAS partnership aim to address?

The partnership focuses on addressing major challenges such as natural disasters, hunger, and sustainability through innovative IoT solutions.

What is LoRaWAN and how is it used in the Semtech and SAS collaboration?

LoRaWAN is a low-power wide-area network protocol used in IoT applications, which is integrated into the solutions developed through the Semtech and SAS partnership.

Semtech Corp

NASDAQ:SMTC

SMTC Rankings

SMTC Latest News

SMTC Stock Data

3.82B
74.24M
1.25%
115.97%
9.1%
Semiconductors
Semiconductors & Related Devices
Link
United States of America
CAMARILLO