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Telit and Yokogawa collaboration

6th Feb 2017 07:00

RNS Number : 0492W
Telit Communications PLC
06 February 2017
 

RNS REACH

 

Telit Communications PLC

 

Telit and Yokogawa to collaborate on new IIoT Architecture

 

London, February 6, 2017 - Telit Communications PLC (AIM: TCM, "Telit", the "Group"), a global enabler of the Internet of Things (IoT), today announced it is collaborating with Yokogawa, a global leader in the industrial automation and control, test and measurement, aviation and other business segments, on a new Industrial Internet of Things (IIoT) architecture.

 

By combining Telit's robust technological portfolio of communication modules, sensor onboarding, and device management capabilities with Yokogawa's 100+ years of experience in providing devices, analytical instruments and other industrial solutions, Yokogawa will be able to create new value for its customers.

 

Telit will contribute three critical components to the Yokogawa IIoT Architecture:

· a broad portfolio of wireless IoT communication modules whose common form factors necessitate only one hardware design per global deployment,

· a diverse collection of industrial drivers and edge analytics which enable a robust sensor onboarding capability, and

· powerful connectivity and device management capabilities.

 

Fred Yentz, CEO of Telit IoT Platforms, commented:

 

"This collaboration is another good example of our ability to develop technical and operational partnerships with key industry operators in order to widen our end-to-end solution capabilities for all types of enterprises around the world."

 

Telit technologies integrate seamlessly to Yokogawa's managed cloud architecture, enabling hyper-scale ingestion of millions of events from industrial assets and devices.

 

Tsuyoshi Abe, Yokogawa vice president and head of the company's Marketing Headquarters, said:

 

"For its 100th anniversary in 2015, Yokogawa came up with Co-innovating tomorrow as its new corporate brand slogan. Accordingly, we are making efforts to develop new solutions and create new value in collaboration with our customers and partners.

 

"Telit's expertise in the Industrial Internet of Things segment combined with their outstanding portfolio of Internet of Things technology will allow us to accelerate our development of services. This added agility is exactly what we need to create that value."

 

Yokogawa and Telit will hold a joint presentation on their IIoT partnership at Telit's IoT Innovation and the IoT Evolution Expo, both occurring February 7 to 10 in Ft Lauderdale, Florida.

 

Enquiries:

 

Telit Communications PLCOozi Cats, CEO

Yosi Fait, Finance Director & President

Tel: +39 06 4204601

 

 

Canaccord Genuity Limited (Nominated Adviser and Joint Broker)

Tel: +44 20 7523 8000

Simon Bridges/Martin Davison

 

 

 

Berenberg (Joint Broker)

Tel: +44 20 3465 2722

Chris Bowman/Ben Wright

 

 

 

Instinctif Partners

Tel: +44 20 7457 2020

Adrian Duffield/Chantal Woolcock

 

 

About Telit

 

Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement. The company offers the industry's broadest portfolio of integrated products and services for end-to-end IoT deployments - including cellular communication modules in all technologies, GNSS, short-to-long range wireless modules, IoT connectivity plans and IoT platform services. Through the IoT Portal, Telit makes IoT onboarding easy, reduces risk, time to market, complexity and costs for asset tracking, remote monitoring and control, telematics, industrial automation and others, across many industries and vertical markets worldwide.

 

About Yokogawa

 

Yokogawa's global network of 114 companies spans 59 countries. Founded in 1915, the US$3.7 billion company engages in cutting-edge research and innovation. Yokogawa is active in the industrial automation and control (IA), test and measurement, and aviation and other businesses segments. The IA segment plays a vital role in a wide range of industries including oil, chemicals, natural gas, power, iron and steel, pulp and paper, pharmaceuticals, and food.

 

# # #

 

Copyright © 2017 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.

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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