Senet, a provider of cloud-based software and services platforms to enable global connectivity and the on-demand network build-out for the Internet of Things (IoT), has announced that the company’s patent-pending, Low Power Wide Area Virtual Network (LVN) has won an IoT Global Award for Business Excellence from IoT Global Network.
“We are honored to have the Senet LVN and our market progress selected for an IoT Global Award and are committed to providing our customers with the innovation and value that is needed to deliver on the promise of IoT,” said Bruce Chatterley, CEO, Senet Inc. “The Senet LVN offers a modern approach to deploying and managing IoT connectivity that cannot be matched by traditional cellular models or proprietary technologies. There is a transformation taking place in IoT network connectivity, and the first to market have the most to gain.”
The company’s network connects network operator, application provider and Radio Access Network (RAN) provider networks under a cooperative model. It delivers pervasive and unified connectivity, standardized global device activation and single billing for global device connectivity.
The innovative business models offered by Senet Inc. support on-demand network expansion based on application-specific connectivity needs and allow participants to benefit from revenue sharing based on the role the models play in the larger network ecosystem. This is accomplished without any roaming or commercial agreements.
The LVN is the fastest growing global LoRaWAN network. The network has coverage and connectivity readiness in over eighty countries and active deployments and designs in over a hundred cities in the US alone. Since its inception in November 2017, Senet LVN participants have grown to include network operators and IoT application providers across a variety of geographies and markets.
What market leading companies utilize Senet Inc.’s product? The company’s product was in the Business Excellence category with market leaders including Sprint, BearingPoint, Tata Communications and direct competitors in the LoRaWAN market. The Senet LVN was selected as the solution most likely to advance the company’s business, partner ecosystem and the IoT as a whole.
Chrissie Cluney has been a correspondent for IoT Evolution World since 2015. She holds a degree in English with a concentration in writing from the College of Saint Elizabeth.
Edited by Ken Briodagh