Semtech’s LoRa® Devices Track Pallet Location to Optimize Shipping and Logistics
12 Marzo 2020 - 6:00AM
Business Wire
Pallet Alliance’s IntelliPallet™ platform
reduces operating costs with flexible tracking applications
Semtech Corporation (Nasdaq: SMTC), a leading supplier of
high-performance analog and mixed-signal semiconductors and
advanced algorithms, announced that Pallet Alliance, a leading
innovator in comprehensive pallet management programs for
multi-site manufacturing and distribution companies, has integrated
Semtech’s LoRa® devices and the LoRaWAN® protocol into its
IntelliPallet™ Internet of Things (IoT)-based pallet monitoring
logistics platform. The IntelliPallet platform is the first of its
kind in the logistics industry and enables enterprise-scale pallet
management by integrating location and environmental sensors into
wooden pallets, which comprise more than 90 percent of the
worldwide palletized shipping market.
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Pallet Alliance implements Semtech's LoRa
(Graphic: Business Wire)
“The IntelliPallet platform integrates LoRa devices in wooden
pallets to provide accurate, in-depth data over distances, enabling
managers to optimize the logistical efficiency of their operations,
integrate pallets into cold chain and pharmaceutical blockchain
applications, and leverage data collection at the pallet level to
satisfy a wide range of business requirements,” said Michael Jones,
a principal at Pallet Alliance. “Semtech’s LoRa devices and the
LoRaWAN protocol reduces operating costs by providing an ideal
combination of low power, flexibility and simplicity in deployment
to create reliable tracking applications with industry-leading
battery lifetimes.”
Wooden pallets represent an economical, sustainable and
customizable standard in the shipping and logistics industry.
However, legacy solutions and industry practices provide limited
economically feasible methods for tracking pallet location. Pallet
Alliance’s IntelliPallet IoT platform delivers comprehensive
location and environmental data down to the individual pallet, and
reliably tracks these assets through the supply chain from
manufacturer to end-user, including while in transit. Pallets
equipped with LoRa-enabled sensors integrate seamlessly with
existing pallets and networking infrastructures, and leverage
LoRaWAN networks to deliver long range, accurate and real-time data
on pallet location and status.
The flexible LoRaWAN-based platform offers customized tracking
capabilities, including an entry/exit notification from a
geo-fenced area, stationary time and arrival/departure from
designated hubs, as well as environmental monitoring for factors
including temperature, humidity and motion. Managers audit this
data through Cloud-based third-party applications to optimize their
logistics workflow and protect assets.
“Integrating LoRaWAN solutions for geolocation and logistics
monitoring enables customers to reduce inefficiencies and optimize
processes,” said Marc Pegulu, Vice President of IoT in Semtech’s
Wireless and Sensing Products Group. “LoRa devices allow mass
adoption of asset management and Pallet Alliance can simplify
development as well as create flexible IoT platforms that
successfully monitor and report pallet status and location over
wide areas, including while in transit. This advanced and real-time
insight is valuable to end users and allows them to optimize their
processes for a quick ROI.”
Pallet Alliance will demonstrate some of LoRa devices’
capabilities and its role in the IntelliPallet platform in booth
4476 at MODEX 2020, a premier supply chain tradeshow, taking place
March 9-12 in Atlanta, Georgia. For more information about the
conference, visit the event website.
To learn more about LoRa devices, visit the Semtech website.
About Semtech’s LoRa® Devices
Semtech’s LoRa devices are widely adopted long-range, low-power
solutions for IoT that gives telecom companies, IoT application
makers and system integrators the feature set necessary to deploy
low-cost, interoperable IoT networks, gateways, sensors, module
products, and IoT services worldwide. IoT networks based on the
LoRaWAN® specification have been deployed in 100 countries and
Semtech is a founding member of the LoRa Alliance®, the fastest
growing IoT alliance for low power wide area network applications.
To learn more about how LoRa enables IoT, visit Semtech’s LoRa
site.
About Pallet Alliance
Pallet Alliance, Inc. is an innovative leader in the design and
implementation of national pallet management programs for
multi-site manufacturing and distribution companies. Working
collaboratively with customers, Pallet Alliance employs a
comprehensive approach that combines manufacturing, pallet and
market expertise to identify and eliminate the factors that drive
cost reduction by optimizing the product-process interface with
knowledgeable, industry-specific pallet management systems. For
more information, visit www.tpai.com.
About Semtech
Semtech Corporation is a leading supplier of high-performance
analog and mixed-signal semiconductors and advanced algorithms for
high-end consumer, enterprise computing, communications, and
industrial equipment. Products are designed to benefit the
engineering community as well as the global community. The Company
is dedicated to reducing the impact it, and its products, have on
the environment. Internal green programs seek to reduce waste
through material and manufacturing control, use of green technology
and designing for resource reduction. Publicly traded since 1967,
Semtech is listed on the Nasdaq Global Select Market under the
symbol SMTC. For more information, visit www.semtech.com.
Forward-Looking and Cautionary Statements
All statements contained herein that are not statements of
historical fact, including statements that use the words ‘will,”
“designed to” or other similar words or expressions, that describe
Semtech Corporation’s or its management’s future plans, objectives
or goals are “forward-looking statements” and are made pursuant to
the Safe-Harbor provisions of the Private Securities Litigation
Reform Act of 1995, as amended. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
that could cause the actual results of Semtech Corporation to be
materially different from the historical results and/or from any
future results or outcomes expressed or implied by such
forward-looking statements. Such factors are further addressed in
Semtech Corporation’s annual and quarterly reports, and in other
documents or reports, filed with the Securities and Exchange
Commission (www.sec.gov) including, without limitation, information
under the captions “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” and “Risk Factors.”
Semtech Corporation assumes no obligation to update any
forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release, except
as required by law.
Semtech, the Semtech logo and LoRa are registered trademarks or
service marks of Semtech Corporation or its affiliates.
SMTC-P
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Ronda Grech Semtech Corporation (805) 250-1263
rgrech@semtech.com
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