11th Nov 2019 15:41
(Alliance News) - Telit Communications PLC said on Monday it has added two new Narrow Band-internet of things cellular low power wide area modules to its portfolio.
The internet of things company said the modules are ideal for 2G to 4G NarrowBand-Internet of Things transition and offer the lowest power consumption for battery - driven applications that will help to optimize costs.
The company said 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 then will benefit from low power and enhanced coverage without high data rate requirements, Telit said.
Commercial shipment to customers is expected to commence in the first quarter of 2020, the company said.
Paolo Dal Pino, chief executive officer, said: "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 (return on investment) positive," Dal Pino said.
Telit Communications shares were up 0.4% in London at 160.60 pence each on Monday afternoon.
By Loreta Juodagalvyte; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.
Related Shares:
TCM.L