Semtech Corp. has revealed a new collaboration with Intent Technologies and French real estate provider Nexity Group to integrate long-range (LoRa) devices and long-range wide area network (LoRaWAN) standards into smart residential and commercial properties.
The LoRa devices and LoRaWAN network will be integrated into Intent’s IntentPlatform that will be deployed in French territory in a footprint that spans more than 1.2 million residential units as well as more than 6 million square meters of office space.
LoRa-enabled smart properties allows real estate owners to improve operating performance with 260° facility views and 180 service suppliers on a single, cloud platform.
Semtech said the smart buildings market is forecast to reach $141.7 billion by 2028 with the rise in the adoption of internet of things (IoT) technology. LoRa technology has more than 5 million gateways and 270 million end nodes with LoRa devices deployed worldwide.
The IntentPlatform will connect sensors to monitor air quality, temperature, energy and water usage in smart buildings. Additionally, the system provides alerts to property management and service providers when anomalies are detected such as water or gas leaks.
“Intent and Nexity’s product development and deployments showcase the value of IoT and the digital transformation in building management that is delivering efficiency, operational cost savings and occupant safety,” said Marc Pégulu, vice president and general manager for Semtech’s Wireless and Sensing Products Group. “Smart buildings give added control for how consumers and communities utilize energy in a responsible manner. Semtech and the LoRaWAN ecosystem are committed to protecting our Earth’s resources and enhancing the quality of human life.”