Asset tracking is one of the most widely deployed applications for the Internet of Things (IoT). The IoT’s economic impact on factories, retail settings, work sites, offices, and homes could total as much as $6.3 trillion by 2025, according to McKinsey Global. A variety of industries, including home and building, healthcare, agriculture, and food services in addition to the industrial and logistics markets, are investing in smarter technologies to replace siloed legacy systems with automated asset management solutions. Many existing geolocation applications are power hungry and require multiple devices, software and services from multiple vendors, resulting in increased complexity and cost.
In August, 2020, Semtech, Amazon Web Services (AWS) and TensorIoT announced its collaboration on two Internet of Things (IoT) kits for LoRaWAN® networks: (1) Smart Building (2) Asset Tracking. The kits accelerate the development of smarter, more efficient solutions for Enterprises and Systems Integrators by making use of LoRaWAN connectivity with the integration of AWS’s leading IoT services. The kits accelerate the development of simple, effective IoT applications for Smart Building and Asset Tracking use cases through the use of the LoRaWAN® protocol and AWS IoT Cloud services based on a flexible serverless architecture.