Senet Launches Global Low Power Wide Area Virtual Network (LVN™) to Redefine Internet of Things Connectivity and Service Delivery
New model of LoRaWAN connectivity
allows businesses, solution providers and municipalities to unlock value
and create
opportunities across entire IoT ecosystem
Senet, a leading provider of global, cloud-based software and services
platforms to enable network connectivity build-out and management of the
Internet of Things, announced today the launch of the Senet Low Power
Wide Area Virtual Network (LVN™). Moving beyond today’s antiquated
network connectivity business models, the Senet LVN creates
opportunities for network operators, solution providers, systems
integrators, municipalities, and enterprise organizations to proactively
contribute to the rapid build out of global IoT connectivity and
immediately benefit from revenue share models based on their level of
participation.
Senet’s LVN, Managed Network Services for IoT (MNSi™) and public network
are powered by its proprietary Network Operating System, which is built
on a common cloud-based services architecture. The Senet operating
system provides extremely efficient, scalable and secure options to
connect and manage low power, low-cost sensors at massive scale and
simplifies historically complex operations related to application and
device registration, message accounting and settlements.
Key features of the Senet LVN include:
- A modern IoT architecture built on a highly scalable and secure cloud-based services
- A host platform for Radio Access Network participants
- Global device provisioning and device placement on any LVN Radio Access Network
- Roaming between participating operators and other connectivity providers
- Single billing supporting global device connectivity
- Standardized global device activation and deployment processes
- Comprehensive global network operations support
- Revenue share models across provider classes
- Access to the fastest continuously growing LoRa LPWAN network
“There is an IoT land grab taking place among network operators while, at the same time, solution providers are struggling to model a return on investment because of high network costs and limited coverage,” said Senet CEO Bruce Chatterley. “The Senet LVN addresses these challenges by modernizing IoT connectivity and offering ways for an entire ecosystem of participants to monetize their networks and services. Our innovative LVN technology essentially creates a demand-based and incentive-based ‘Network Effect,’ or ‘Connectivity Marketplace’ to building out the Senet global IoT network. The next big transformation taking place in IoT relates to network connectivity, and the first to market have the most to gain.”
LVN Engagement Examples
Unique to the Senet Low Power Wide Area Virtual Network are business
models designed for organizations to engage at various levels of
participation and benefit from a revenue share model based on the role
they play in the larger network ecosystem.
For example, a network operator (Cable, Wireless, Fiber, or CLEC) can
augment their connectivity portfolio by deploying LoRaWAN gateways on
their existing tower or building assets and extend their branded
services well beyond their existing footprint to generate revenue from a
broader customer base. Domestic and international LoRaWAN networks will
interoperate through roaming, allowing connected devices to be placed
on any operator network, supporting mobile IoT applications and making
global connectivity a reality.
The Senet LVN also creates opportunities for new partnerships between
municipalities and service providers. Municipalities, for example, are
in a unique position to partner with utility companies to create the
backbone for connected city-wide services. LoRaWAN gateways deployed on a
combination of city and utility owned assets create a relationship that
supports rapid network deployment, broad coverage and revenue sharing
without any individual party incurring the brunt of the capital
equipment expense. Senet then manages these network assets using its
Network Operating System. Once deployed, any device from any application
or solution provider that connects to these networks generates a new
revenue stream for the municipality and/or utility. Embracing such an
opportunity could mean a huge technological leap forward and lay the
foundation for true smart and connected cities.
In addition, Senet provides an opportunity for thousands of global IoT
application providers, system integrators and enterprises to register
their LoRaWAN gateways on the LVN and generate revenue based on the
number of qualified messages using their Radio Access Network. This
model supports both production deployments and large market trials,
allowing for participation in the Senet LVN at various levels of
application rollout.
With this new approach to providing LoRaWAN network IoT coverage, Senet
is enabling businesses to revolutionize their products and operations by
delivering ubiquitous network connectivity wherever it is needed, when
it is needed and at the lowest possible cost.
Source: Senet media announcement