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Telit celebrates 100th connected fabrication plant

3rd Apr 2017 09:00

RNS Number : 2728B
Telit Communications PLC
03 April 2017
 

 

RNS REACH

 

Telit Communications PLC

 

Telit celebrates its 100th connected semiconductor fabrication plant

 

secureWISE IoT software platform reaches 98% penetration in 300mm semiconductor manufacturing market

 

London, April 3, 2017 - Telit Communications PLC ("Telit", "the Group", AIM: TCM), a global enabler of the Internet of Things (IoT), celebrates its 100th installation of its secureWISE software platform in a 300mm semiconductor fabrication plant, or 'fab', out of a total of 104 fabs.

 

secureWISE, one of Telit's IoT Factory Solutions, has been providing over 12 years of secure remote IoT connectivity to tool manufacturers (OEMs) for the semiconductor industry.

 

Telit's secureWISE software is used by 18 of the top 20 OEMs and by every major integrated device manufacturer and foundry.

 

Oozi Cats, CEO at Telit, commented:

 

"We are gaining real traction in Industrial IoT and connecting our 100th factory is a real endorsement of our capabilities. We have established ourselves as a leading international player in industrie 4.0 through our IoT Factory Solutions division."

 

secureWISE delivers secure, configurable end-to-end remote IoT connectivity across a closed, private network. It enables fabs and OEMs to remotely collaborate, improving equipment performance at every stage of the process and lifecycle while protecting valuable intellectual property.

 

OEMs are now able to use IoT to remotely collect and analyse data from any global location to fix, as well as predict, issues with machines on the semiconductor production floor. This new service model results in improved uptime and higher reliability of production tools.

 

secureWISE is rapidly extending beyond 300mm fabs with new deployments across 200mm fabs, flat panel displays, solar and other manufacturing facilities.

 

Enquiries

 

Telit Communications PLCOozi Cats, CEO

Yosi Fait, Finance Director & President

Tel: +44 203 289 3831

 

 

Canaccord Genuity Limited (Nominated Adviser and Joint Broker)

Simon Bridges/Martin Davison

Tel: +44 20 7523 8000

 

 

Berenberg (Joint Broker)

Chris Bowman/Ben Wright

Tel: +44 20 3465 2722

 

 

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, Wi-Fi, 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.

 

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