Verizon Business takes Internet of Things Connectivity Global
Enterprises can now benefit from
Global Internet of Things (IoT) connectivity from Verizon Business for mobile assets in 170 countries worldwide with permanent roaming options in North America and Western Europe all on a single SIM. This global coverage enables organizations to manage a vast array of IoT devices including asset trackers, industrial gateways and sensors via ThingSpace, Verizon’s self-service IoT platform.
Faster, more secure, and more affordable cellular connectivity is paving the way for the tremendous growth of IoT devices. Industry analysts IDC estimate that 150K+ IoT devices will connect every minute by 2025.
Operator
Good morning. My name is Matt, and I will be your conference operator for today. At this time, I would like to welcome everyone to Silicon Labs First Quarter Fiscal 2021 Earnings Conference Call. [Operator Instructions]
I would now like to turn the conference over to Austin Dean, Silicon Labs Investor Relations Manager. Please go ahead.
Austin Dean
Investor Relations Manager
Thank you, Matt, and good morning everyone. Tyson Tuttle, Chief Executive Officer, John Hollister, Chief Financial Officer, and Giovanni Pacelli, Senior Director of Finance are on today s call.
We will discuss our financial performance for the first quarter, and review our business activities. After our prepared comments, we will take questions. Our earnings press release and the accompanying financial tables are available in the Investor Relations section of our website at www.silabs.com. This call is also being webcast and a replay will be available for four weeks.
Sequans Communications S.A.: Sequans Communications Announces First Quarter 2021 Financial Results
First Quarter 2021 Summary Results Table:
(in US$ millions, except share and per share data)
Q1 2021
(1)
34,664,779
(1) See Use of Non-IFRS/non-GAAP Financial Measures disclosure on page 3 First quarter revenue grew by 40% year-over-year driven by significant gains in Massive IoT. Sequans continued to see strong momentum in our product revenue pipeline and design wins, particularly from solid demand in Massive IoT, said Georges Karam, CEO of Sequans. On a sequential basis, our seasonally slower first quarter revenue was also impacted by supply chain constraints that delayed approximately $2 million of shipments, and the anticipated decline in demand for the modem we supply for the Verizon Jetpack. We continue to execute our long-term growth strategy on three fronts continued growth in Massive IoT and CBRS IoT, expansion of our go-to-market channels, and ongoing development o
STMicroelectronics joins mioty Alliance STMicroelectronics has joined the mioty standard, which enables highly scalable, long-range, and extremely low-power wireless connections.
Along with joining the mioty Alliance, which maintains the specifications and promotes the technology, ST has also announced availability of a protocol stack from the ST Authorized Partner Stackforce that allows customers to create mioty devices using the STM32WL wireless System-on-Chip (SoC).
âmioty makes exciting new Massive IoT applications possible, for instance, to cover a large geographical area,â said Hakim Jaafar, STM32 Wireless Marketing Director, STMicroelectronics. âThe mioty stack further strengthens the ecosystem around our STM32WL SoC, which supports various common sub-GHz LPWAN technologies such as LoRaWAN, Sigfox, and wM-Bus, and delivers a unique level of integration that saves space, power, and time to market.
and delivers a unique level of integration that saves space, power, and time to market.”
mioty sends messages using an advanced telegram-splitting technique, which is recognized and standardized by the European Telecommunication Standards Institute (ETSI). This ensures extremely short radio transmissions that allow extended operation without the logistical challenges of replacing batteries in massive IoT networks. Short transmissions also minimize interference with nearby signals and allow many thousands of mioty nodes to coexist on the same network.
mioty data packets can travel several kilometers in built-up areas and more than 15km with line of sight, allowing just a few base stations to cover large industrial sites or outdoor areas such as oilfields. In addition, mioty devices can communicate while moving at up to 120km/h without signal-fading issues, serving applications such as fleet management, asset tracking, and theft detection.