Ingenu, an Internet of Things connectivity platform, recently launched its “Ingenu 2.0” product. This comes with a series of signed agreements to frame its End-to-End strategy.
The company said it hopes to partner with IoT technology companies and establish joint ventures with local partners in using its RPMA technology via Platform as a Services (PaaS) access.
The platform company has signed an exclusive agreement with Agrisource Data to tackle the agricultural market using the RPMA-enabled AgClarity Smart Agriculture AI Platform. Deployments for full end-to-end solutions have begun covering about 6 million hectares in South East Asia, according to the announcement. Both companies said they believe that the synergy between RPMA and AgClarity will enhance data driven solutions for more efficient decision making.
“Proud to partner with Ingenu to promote efficiency, profitability and sustainability in the global agriculture industry,” said Ben Worely, CEO, Agrisource Data.
Ingenu also has a partnership with ETION Create, which is an integrated technology solutions company. This company has smart utility solutions, along with connected car and fleet management solutions.
Targeted markets include utilities, agricultural asset tracking, consumers, insurance companies and fleet management organizations. “Our proud partnership with Ingenu provides us the opportunity to deliver world class solutions utilizing Ingenu’s leading edge technology,” said Petrus Pelser, managing director, ETION Create.
Ingenu 2.0 is focused in the Asia Pacific region where the company entered into an agreement with local partners in Indonesia to establish a joint venture for IoT services. Ingenu Indonesia will be the exclusive licensee for all RPMA enabled full end-to-end solutions in Indonesia, through a local PaaS system. The venture has authorized several RPMA operators.
“Hands down, Ingenu 2.0 has the best IoT technology (RPMA) in the market today for the non-licensed spectrum. The landscape is full of unsuccessful trials and deployments by LoRa and Sigfox and attempts by mobile operators, through NB-IoT and LTE-Cat-M1, to vanquish LoRa and Sigfox failures. The problem is that IoT revenue for mobile operators is less that 2 percent of their overall revenue, which is unsustainable from a business point of view. Additionally, the cost to implement these solutions is much more expensive and the coverage is limited. Ingenu 2.0 has found the niche market that neither LoRa, Sigfox nor mobile operators can compete in; the large network that needs to scale. LoRa and Sigfox can’t handle this market due to inferior technology and mobile operators find it too expensive and lack the infrastructure to support full end-to-end solutions. Ingenu 2.0 is marketing its best-of-class technology and is monetizing it in a rapid manner by providing end-to-end solutions. At present, Ingenu 2.0 has a US$2.0 Billion pipeline of contract value using the above strategy,” said Alvaro Gazzolo, president and COO, Ingenu.
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