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Entries from August 1, 2015 - August 31, 2015

Friday
Aug282015

Canopy – Company Profile

Introduction

Canopy brands itself as the “open cloud for the Internet of Things (IoT).”  Canopy’s cloud service helps to simplify the IoT cloud by using an open source cloud platform as a relay between IoT applications and devices.  One of the benefits of Canopy is it creates quick development of IoT solutions for the industrial, consumer, and commercial markets.  Canopy is the solutions provider for Simple Things (simplethings.io) – Silicon Valley’s premier IoT software studio. 

2 Main Features of Canopy’s Software

  • Cloud Notifications
    • Enables messages to be sent to the user from within firmware. 
    • In-app notifications, SMS, or email are all the available contact methods.
  • Cloud Variables
    • Simplify the process of adding cloud-based monitoring and remote control to user devices.

Open Source Components

  • Application Development Kit
  • Device Manager
  • Canopy Cloud Service
  • Embedded Development Kit

Advantages of Canopy

  • Free or paid hosting.
  • 100% open source.
  • Canopy Cloud Service can be run anywhere.
  • Variables that are tracked and monitored by the server.
  • Cloud Variables are stored in the cloud and accessed through web-based protocols.
  • Platform is based on Websocket and RESTful HTTP protocols.
Monday
Aug242015

RacoWireless – Company Profile

Introduction

RacoWireless’s goal is to make it easy for companies to develop, deploy and manage Machine-to-Machine (M2M) solutions.  RacoWireless is a KORE Wireless Group Company.

Products – M2M Platform

RacoWireless prides itself with trying to make the Internet of Things (IoT) M2M network connectivity as easy as possible.  The company’s portfolio of products are deployed amongst many companies of all sizes. 

  • Omega Management Suite
    • Cloud-based dashboard that enables RacoWireless’s partners custom control of their connected solutions.
    • Product offers tools to its users that assists with global device management.
  • Position Logic
    • Platform that provides a singular location for on-demand, scalable tools to track and manage assets.
    • Integrates nearly every signaling device into RacoWireless’s scalable, cloud-based hub where devices can be monitored in real time from anywhere around the world.
    • Enables partners to choose options based upon their GPS tracking needs.
  • Omega DevCloud
    • Marketed by the company as “the new standard for IoT development.”
    • Designed to be universal in regards to hardware.
    • Simplifies IoT application development.

Industries Being Addressed

  • Connected Car
  • Smart Cities
  • Asset Tracking
  • Connected Home
  • Connected Healthcare
  • Fleet/Telematics
  • Smart Grids
  • M2M Monitoring and Control
  • Point of Sale
  • Digital Signage
  • Personal Tracking

Services – M2M Solutions

  • 2G Support
  • Carrier Device Certification
  • M2M Hardware Development
  • Omega Call Center
  • Consulting
  • Wireless Virtual LAN
  • SMS Gateway
  • Marketing Services

Connectivity

  • GSM/CDMA/Satellite
    • Carrier agreements with AT&T, T-Mobile, Sprint, Telefonica, EE and satellite provider, Inmarsat.
  • Flexible Technology
    • Flexible connectivity for users of 2G, 3G, or 4G connectivity.
  • Solid Infrastructure
    • 100% of network infrastructure is hosted in SSAE 16 compliant data centers.
  • Always-On
    • Provide specialized technology and support to ensure applications are operating effectively.
Monday
Aug242015

On-Ramp Wireless – Company Profile

Introduction

On-Ramp Wireless is a company that enables long-range connectivity for the Internet of Things (IoT).  On-Ramp’s focus is in its patented Random Phase Multiple Access (RPMA) technology, which helps deliver solutions for industrial automation, smart city, smart grid and other IoT and Machine-to-Machine (M2M) applications. 

Applications

Each of the following applications are connected by the RPMA ecosystem:

  • Smart City Applications
  • Digital Oilfield Applications
  • Smart Grid Applications
  • Other IoT Applications

On-Ramp’s RPMA Technology

Other solution platforms developed by other companies are usually developed on existing wireless systems at the application or network levels.  This can often degrade wireless performance, increase costs, and limit flexibility.

On-Ramp’s RPMA is built on the entire wireless hierarchy.  On-Ramp markets its solution as “the foundation upon which device networking will be built.”  The solution is designed primarily for wide-area M2M communication.

Advantages of RPMA

  • High network capacity
    • Single RPMA network access point has the ability to provide coverage to thousands of end-point devices.
  • Low-cost
    • RPMA’s network architecture is easy to model, deploy, and maintain, which results in a cost-effective solution.
  • Energy-efficient
    • RPMA Network supports device applications such as AMI, which requires the ability to operate on battery power for several years at a time.
  • Deep coverage
    • Deliver wide-area coverage by using a simple network architecture.
  • Secure design
    • Provides a set of security guarantees that are based on the National Institute of Standards and Technology.
Monday
Aug242015

Telit Communications – Company Profile

Introduction

Telit Wireless Solutions is an enabler of worldwide machine-to-machine (M2M) solutions.  Telit sells its many cellular, short-range, and positioning products across approximately 80 countries.  Telit Wireless Solutions and m2mAIR are brands of Telit Communications (AIM: TCM).  The company is headquartered in London. 

The IoT Engine

Telit created the IoT Engine to connect a variety of Internet of Things (IoT) assets, such as the ones listed below.  The IoT Engine connects remote assets to users’ corporate applications and to the Cloud in a very effective and efficient manner.

Connectible Assets through The IoT Engine

  • GNSS Modules
  • Cellular Modules
  • Short to Long Range RF Modules (SLRF)
  • m2mAIR cloud
  • m2mLocate
  • m2mAIR Mobile
  • Technical Support and Product Assistance
  • Telit2MARKET
  • Telit Global Logistics
  • Telit Software Management

Telit’s IoT Engine is marketed as a solution that gives users a plug-and-play path to the IoT.  It is the belief of Telit that users may be able to improve forecasting, logistics, billing, manufacturing, and other businesses processes by using the above connected assets.   

Friday
Aug212015

Vonage Announces Acquisition of iCore Networks

Vonage Holdings Corp (NYSE: VG) announced on Thursday, August 20, that it had entered into an agreement to acquire iCore Networks, Inc. (iCore) for approximately $92.00 million.  The acquisition is expected to expand Vonage’s Unified Communications-as-a-Service (UCaaS) for businesses. 

Transaction Facts

  • Vonage is a leading provider of cloud communications services for consumers and businesses.
  • iCore is a provider of UCaaS for businesses and aims to merge a customer’s UC and cloud needs.
  • Alan Masarek, Vonage’s CEO, believes that the acquisition presents a strategic fit that will complement Vonage’s expansion of its UCaaS business.
  • Transaction will be financed through cash from Vonage’s balance sheet, as well as the company’s revolving credit facility.
  • Deal is expected to close by Q3 2015.

Strategic Considerations

  • Acquisition gives Vonage an additional 85,000+ new customer seats with monthly ARPU per customer of approximately $4,000.
  • Upwards of 60% of iCore’s revenue is derived from customers with more than 100 seats.
  • Vonage and iCore use the same call processing platform, which should allow for an easy integration of customer bases.
  • Vonage expects its annual recurring cost synergies to be more than $5.0 million in 2016.
  • Transaction price represents an estimated 1.3x iCore’s 2015 estimated revenues, which implies expected revenues to be approximately $70.8 million for 2015.

JSICA’s Take

  • Acquisition, along with prior acquisitions over the last year, demonstrates Vonage’s commitment in penetrating the small to medium business (SMB) market.
  • Currently, Vonage’s business segment accounts for roughly 22% of its revenues with the segment generating a monthly ARPU of $44.22 per seat.  ICore’s high monthly ARPU per seat of $68.62 will be a nice addition.