Welcome!

@ThingsExpo Authors: Yeshim Deniz, Elizabeth White, Pat Romanski, Liz McMillan, Zakia Bouachraoui

News Feed Item

Senaptic Turns IoT into Real-World Revenue Streams

Senaptic is a new company focussing on ultra-scalable private network solutions for smart cities and utilities. It has an innovative business model providing end-to-end solutions that are already turning the promise of the Internet of Things (IoT) into significant revenue streams in global markets.

Senaptic has an experienced management team of leading entrepreneurs from the worlds of technology, R&D and business innovation. Together they have launched a bold initiative to monetize and bring scale to real-world IoT opportunities.

Senaptic’s solution starts with a business case, not a network, working with its growing ecosystem of technology partners and regional licensees to deploy systems tailored to local needs, delivering business benefits right across the value chain.

The Senaptic business model has already been successfully rolled out in key markets that include Russia and China. Currently deployed systems include:

  • smart city monitoring of citywide parking availability
  • vehicle tracking and recovery
  • remote control and monitoring of streetlights across cities or regions.

These and other solutions are available to local licensees through Senaptic’s Apella - an integrated suite of M2M packages developed to address IoT opportunities affordably, effectively and profitably. Apella incorporates Senaptic’s Ultra Narrow Band radio technology, which radically increases the return on investment from deployed systems.

The Senaptic approach is founded on the proven technology and business model of respected technology provider Plextek, which has shipped over six million IoT devices to over 30 countries. Senaptic will use this technology to bring scale and global reach to this successful model.

Senaptic CEO Will Franks says: “It’s clear that the Internet of Things is more than just game-changing. It is world-changing. The big question is how it can be rapidly developed and monetized. By removing the dependency on traditional networks, we believe that Senaptic has the answer.”

Senaptic CTO Tim Jackson says: “A vast market exists for IoT solutions across sectors as diverse as smart energy, healthcare, asset tracking and much more. Senaptic’s focus is as much on understanding the opportunity as on applying technology that has already proven itself in the market. We are now looking forward to expansion throughout 2014 and well beyond.”

The Senaptic team will be attending the M2M World Congress, 24-25 April at the Grand Connaught Rooms in London. Contact [email protected] for more information and to make appointments. www.senaptic.com

An image of Senaptic CEO Will Franks is available to download from here: http://www.emlwildfire.com/primages/sen001.jpg

About Senaptic

Senaptic is an end-to-end solutions provider that has monetized opportunities in the IoT space from day one. It has done this by focussing on the business case rather than the network and addressing the needs of today’s high value systems - utilities and smart cities. Senaptic develops complete network and application solutions using proven technology and working with application providers, aggregators and other partners. This business model is based on an integrated suite of M2M packages called Apella. Senaptic solutions have already been rolled out in the marketplace and can be found in over 30 countries. Today Senaptic offers the only technology that lowers capex and opex to the point that a return on investment is clear. For more information, see www.senaptic.com

About the founders

  • CEO Will Franks was co-founder of Ubiquisys, the award-winning developer of multimode small cells. Its intelligent small cells are commercially deployed across the world. The company was bought by Cisco in 2013 for $310 million.
  • Chairman Martin McNair’s role is underpinned by almost 30 years’ board level experience in telecoms, semiconductor, wireless technology, networking and software development companies. Martin is an independent advisor to boards and investors in ICT and digital media businesses. Until recently, he was a general partner at Advent Venture Partners, is one of Europe’s most successful growth and venture capital investors.
  • CTO Tim Jackson was co-founder and CEO of technology Consultancy Plextek, a founder and CTO of Street Lighting Central Management. Systems company Telensa and has had senior management experience in a number of other technology start-ups. He has an engineering degree from Cambridge and an MBA from the London Business School.
  • CFO Kurt Redfield brings more than 20 years of international finance experience to Senaptic, most recently in the software and digital music space. He recently worked as CFO & COO of BridgeCo, a global provider of music streaming technology, where he presided over a 5x growth in the company.
  • Operations Director Jon Lewis was previously CIO of Plextek Consulting, a company that provides electronic product design, supply and consultancy, from creation of original ideas through to manufacture. Jon previously worked in various leadership roles in NEC, Toshiba, TTPCom and Motorola.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
We are seeing a major migration of enterprises applications to the cloud. As cloud and business use of real time applications accelerate, legacy networks are no longer able to architecturally support cloud adoption and deliver the performance and security required by highly distributed enterprises. These outdated solutions have become more costly and complicated to implement, install, manage, and maintain.SD-WAN offers unlimited capabilities for accessing the benefits of the cloud and Internet. ...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
DXWorldEXPO LLC announced today that "IoT Now" was named media sponsor of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to great conferences, helping you discover new conferences and increase your return on investment.