Senet’s EnerTrac Tank Monitoring Solution Acquired by Independent Technologies

WESROC Division of Independent Technologies expands tank monitoring portfolio with solution run on Senet’s low power wide area network

Portsmouth, NH – Senet, a leading provider of cloud-based software, global connectivity service platforms and network build-outs for the Internet of Things (IoT), today announced that it has entered into a definitive agreement to sell its fuel delivery and monitoring solution, EnerTrac, to the WESROC division of Independent Technologies.

After building EnerTrac into an industry leading productivity enhancing solution for the propane and heating oil tank monitoring markets, Senet is ideally positioned to deliver the solution to a company in a strong industry position to significantly increase market penetration and further advance its value in the tank monitoring market. As part of the agreement, Senet will provide critical network connectivity and build out services to WESROC, on an exclusive basis, as the company expands its portfolio to include LoRaWAN monitors and low cost, long range LoRaWAN connectivity.

EnerTrac optimizes delivery efficiency by using affordable monitors to capture customer fuel tank levels throughout the day. This data is transmitted over the Senet network directly to the customer’s back-office software as actionable intelligence. Companies use EnerTrac to save on fuel delivery costs, more accurately forecast fuel usage, reduce the carbon footprint of their delivery fleet and to improve their overall customer experience.

“We’ve gained significant knowledge from building the EnerTrac solution from the ground up and have leveraged those learnings to assist in the development of other highly scalable, secure and cost effective IoT connectivity platforms and applications,” said Senet CEO Bruce Chatterley. “Following this sale, we look forward to a strong and long-lasting partnership with WESROC, providing them with LoRaWAN connectivity solutions to help expand and grow their tank monitoring product line in North America and around the world.”

WESROC has a broad range of monitoring solutions that are adaptable to the specific needs of companies that store and distribute propane and refined fuels, with capabilities to measure, monitor, track and report. The company has a reputation for strong engineering and excellent customer service, while manufacturing high quality, durable and reliable hardware.

“The acquisition of EnerTrac further establishes Independent Technologies as the industry leader in tank monitoring systems,” said Hank Smith, CEO and President of Independent Technologies. “This is a significant addition to our product line which allows us to fit nearly any need or budget. We look forward to working with Senet to expand deployments of the EnerTrac solution and to meet the growing demand for automated tank monitoring solutions in North America and around the world.”

About Senet, Inc.
Senet is the leader in global Internet of Things (IoT) connectivity used to instrument the physical world and enable businesses to revolutionize their operations. With core values centered around changing the world for the better, Senet is committed to promoting IoT Network and Network Management innovation, and supports an open partner ecosystem to ensure that IoT realizes its full potential of delivering economic, environmental, and social improvements. A contributing member of the LoRa Alliance, Senet is dedicated to supporting the LoRaWAN protocol as the open global standard for secure, carrier-grade Low Power Wide Area (LPWA) connectivity for IoT solutions across all industries. For additional information, visit http://www.senetco.com.

Media Contacts
Matt Farhadi, Account Executive,Elevate Communications
mfarhadi@elevatecom.com

Ken Lynch, Director of Marketing, Senet, Inc.
klynch@senetco.com

 

Senet Earns Spot on Prestigious 2017 FierceWireless “Fierce 15”

Recognition from Leading Industry Publication Affirms Senet’s IoT Strategy and Leadership

Portsmouth, NH – Senet, a leading provider of global connectivity and a cloud-based software and services platform to enable network build-out for the Internet of Things (IoT), today announced it has landed a coveted spot on the FierceWireless “Fierce 15” for 2017, a listing of the most innovative and influential emerging companies across the broad spectrum of the wireless industry. To qualify for the “Fierce 15”, a company must be privately held, well-funded, emerging and have the potential to be a major player in the industry. Candidates are either based in the U.S. or conduct a significant amount of business in the U.S.

This honor from FierceWireless underscores Senet’s role as an IoT leader and cements the fact that the open, global LoRaWAN standard for network connectivity has gained favor over competing options, including closed ecosystem proprietary technologies. Senet sees this recognition as confirmation of its strategy to operate a world-class LoRa network and provide Managed Network Services that allow global operators and IoT solution providers to rapidly commercialize and deliver low cost, long technology lifecycles and secure IoT connectivity across a wide range of markets.

“This is a prestigious moment for our company, our brand and our employees who have worked hard to put Senet at the leading edge of IoT communications technology,” said Senet CEO & President, Bruce Chatterley. “This honor from a top industry publication like FierceWireless provides great motivation to continue our mission of becoming the standard ubiquitous IoT network that helps businesses revolutionize their operations.”

The IoT is quickly becoming a mass market as companies look to connect a vast range of devices beyond wired and powered environments, and FierceWireless recognizes Senet as a company poised to lead the way. Senet has deep expertise in network design gained from operating the largest public LoRa network in North America and holds unique intellectual property in highly scalable, operator focused, IoT centric, cloud-based OSS/BSS systems.

Senet has combined these two assets to create a unique Managed Network Services for IoT solution, allowing operators and application providers to outsource much of the process of designing, building and operating an IoT network anywhere in the world. With this service, Senet has turned up new networks and business models for its customers in as little as three months. These services, coupled with a robust developer community and partnerships to drive large scale IoT deployments across global markets, have clearly set Senet apart in the highly competitive IoT and wireless industry.

Meet with Senet at Mobile World Congress Americas, San Francisco, September 12-14, 2017

Senet will be exhibiting at Mobile World Congress Americas in the LoRa Alliance booth (N620/S4 in the North Hall M2M Zone at the Moscone Center) and our executive team will be on site to meet:

  • Network-as-a-Service: We would be thrilled to discuss how Senet can support your large-scale solution deployments in Utilities, Municipalities, Industrial/Enterprise IoT and other areas.
  • Wireless and Cable Operators: Senet’s Managed Network Services for IoT (MNSI) is the only cloud-based software and services platform built by an operator for operators. If you are either a Domestic or International operator interested in exploring our MNSI model for LoRaWAN, let’s talk.
  • System Integrators: Learn about our dedicated program for IoT System Integrators and how LoRaWAN can provide significant business value to your customers today.

###

About Senet, Inc.
Senet is the leader in global Internet of Things (IoT) connectivity used to instrument the physical world and enable businesses to revolutionize their operations. With core values centered around changing the world for the better, Senet is committed to promoting IoT Network and Network Management innovation, and supports an open partner ecosystem to ensure that IoT realizes its full potential of delivering economic, environmental, and social improvements. A contributing member of the LoRa Alliance™, Senet is dedicated to supporting the LoRaWAN™ protocol as the open global standard for secure, carrier-grade IoT Low Power Wide Area (LPWA) connectivity for IoT solutions across all industries. For additional information, visit http://www.senetco.com.

Media Contact
Matt Farhadi, Elevate Communications: mfarhadi@elevatecom.com
To schedule a meeting, please contact klynch@senetco.com

Senet Appoints Bruce Chatterley as New CEO & President

Company advancements signal next stage of growth and
powerful endorsement of LoRaWAN IoT connectivity services

Portsmouth, NH – Senet, the first and fastest growing provider of public, low-power, wide-area networks (LPWANs) for long range Internet of Things (IoT) applications supporting the LoRaWAN™ protocol, today announced it has named Bruce Chatterley as CEO & President. Chatterley has also been elected to Senet’s Board of Directors. Bruce brings more than 25 years of experience in business leadership, transformation, strategy and technology and a strong track record of rapidly building and scaling worldwide operations and organizational infrastructure in a variety of hyper-growth sectors, including telecommunications, cloud computing, managed hosting and mobility.

“I’m thrilled to be joining the Senet team at such an exciting time,” said Chatterley. “Senet has that rare combination of dedication to technology innovation, amazingly talented people and momentum in the market.  As we continue to add capabilities for our customers and expand our presence, our mission remains unchanged – to help ensure that IoT realizes its full potential of delivering global economic, environmental and social improvements. The company is truly positioned to become a disruptor in IoT connectivity.”

Chatterley will succeed Senet CEO & President, George Dannecker. Dannecker made the personal decision to retire after four years with the company and spearheading the business vision and execution that led to Senet’s focus on delivering first-to-market public Network-as-a-Service (NaaS) solutions for IoT applications and solution providers.

“It has been extremely fulfilling to have helped Senet achieve a leadership position and deliver LPWAN services that have become a key component of today’s IoT technology wave,” said Dannecker. “We are thrilled to have Bruce as our new CEO. The coming years are going to be extraordinary for the company, and I have no doubt that Senet will contribute significantly to the adoption of mission critical IoT products and solutions.”

In addition to bringing significant marketing, sales and operational experience to Senet, Chatterley will focus on developing strategic partnerships and executing go-to-market strategies in the segments LoRaWAN connectivity is ideally suited for. These efforts will not only help drive Senet to its next stage of growth, but are instrumental to the broader adoption of LoRaWAN technology and the strengthening of the overall IoT ecosystem.

###

About Senet, Inc.
Senet, a contributing member of the LoRa Alliance™, is the first and fastest growing provider in North America of low-power, wide-area networks (LPWANs) with its class-leading LoRa® modulation for IoT/M2M applications. LPWANs enable value-driven solutions that can unlock immediate ROI by enabling devices to connect over very long ranges (approximately 15 miles) while delivering very long battery power life (approximately 10 years) for an extremely low total cost of ownership. For applications that require low cost, low power, and long range, the secure Senet network has distinct advantages over cellular, Wi-Fi, and other emerging connectivity technologies for the IoT market. For additional information, visit http://www.senetco.com.

Media Contact
Stacy Grisinger, Elevate Communications: sgrisinger@elevatecom.com
Ken Lynch, Senet, Inc.: klynch@senetco.com

Senet Awarded 2016 IoT Evolution Product of the Year Award for Internet of Things Innovation and Market Leadership

Recognized for Growth and Expansion of Senet’s LoRa LPWAN into 100 U.S. Cities
and  trong Business Performance of IoT
Applications Running on its Network

Portsmouth, NH – Senet, the first and only North American provider of public low-power wide-area networks (LPWANs) for long-range (LoRa®) Internet of Things (IoT) applications, has received a 2016 IoT Evolution Product of the Year Award from the editors of IoT Evolution magazine,  the leading publication covering IoT technologies.

The company was recognized for the growth and innovation of its LoRa-based multi-tenant LPWA network, which recently announced expansion of coverage to 100 U.S. cities. In addition, judges cited the performance and positive return on investment (ROI) of EnerTrac, the LoRa-based IoT fuel-delivery solution deployed on the Senet network.

“Senet is honored to receive IoT Evolution’s 2016 IoT Evolution Product of the Year Award,” said Will Yapp, Vice President of Business Development, Senet. “Earning this prestigious award is recognition of Senet’s IoT industry leadership as businesses, solution providers and application developers recognize the technology benefits of Senet’s LPWAN network and the strong business case for LoRa IoT applications proven by the continued success of EnerTrac.”

“The solutions selected for the IoT Evolution Product of Year Award reflect the diverse range of innovation driving the machine-to-machine market today. It is my honor to congratulate Senet for their innovative work and superior contribution to the rapidly evolving IoT industry,” said Carl Ford, CEO of Crossfire Media, a co-publisher of IoT Evolution magazine.

Senet is riding a wave of market momentum as it continues to expand the reach and capacity of its North American IoT LPWA network in order to support a growing ecosystem of LoRa applications running over its network. This summer, the company announced LoRa LPWAN coverage in 100 U.S. cities and introduced the Senet Foundry, a special IoT developer program to accelerate development and deployment of LoRa applications.

Earlier this spring, the company announced the availability of two microcell base station solutions as part of Senet’s expanded suite of LPWA network-as-a-service offerings. These 8-channel microcells, available in indoor and outdoor versions, augment Senet’s high-capacity 64-channel macrocells. The addition of these smaller base stations dramatically expands the breadth of LoRa applications that can be deployed on the Senet network, enabling faster time to market at a reduced cost.

“It is my pleasure to recognize Senet’s LoRa-based LPWAN, an innovative solution that earned Senet the 2016 IoT Evolution Product of the Year Award,” said Rich Tehrani, CEO, TMC. “I look forward to seeing more innovation from Senet in the future.”

As the first and only standards-based LPWAN provider, Senet delivers wireless network connectivity for sensor-based IoT applications based on LoRa. EnerTrac is an example of a LoRa-based application running on Senet’s LPWA network today. This IoT heating fuel-delivery automation solution is deployed in multiple regions in the U.S. and generates big savings for its customers (heating fuel dealers and distributors, including farming cooperatives). This LoRa-based service provides long-distance, low-cost data acquisition through smart devices and sensor technology. Due to the operational efficiencies realized with EnerTrac, fuel dealers are achieving 30 percent or more in annual cost savings.

The winners of the 2016 IoT Evolution Product of the Year Award will be published in the next issue of IoT Evolution magazine.

###

About Senet, Inc.
Senet, a contributing member of the LoRa® Alliance, is the first and only public provider in North America of low-power wide-area networks (LPWANs) with its class-leading LoRa® modulation for IoT and M2M applications. LPWANs enable value-driven solutions that can unlock immediate ROI by enabling devices to connect over very long ranges (approximately 15 miles) while delivering very long battery power life (approximately 10 years) for an extremely low total cost of ownership. Low cost, low power, and secure, the Senet network has distinct advantages over cellular, Wi-Fi, and other emerging connectivity technologies for the IoT market. For additional information, visit http://www.senetco.com or contact Senet at +1.603.821.0003. ©2016 Senet, Inc. All rights reserved. Information subject to change without notice. Senet assumes no liability for errors that may appear in this document.

About the LoRa™ Alliance
The LoRa™ Alliance is an open, non-profit association that has grown to more than 330 members since its inception in March 2015, becoming one of the largest and fastest growing alliances in the technology sector. Its members are closely collaborating and sharing their experience to promote the LoRaWAN™ protocol as the leading open global standard for secure, carrier-grade IoT LPWA connectivity. With the technical flexibility to address multiple IoT applications, both static and mobile, and a certification program to guarantee interoperability, the LoRaWAN™ is already being deployed by major mobile network operators and is anticipated to widely expand in 2016.

About LoRaWAN™
The technology utilized in a LoRaWAN™ network is designed to connect low-cost, battery-operated sensors over long distances in harsh environments that were previously too challenging or cost prohibitive to connect. With its unique penetration capability, a LoRaWAN gateway deployed on a building or tower can connect to sensors more than 10 miles away or to water meters deployed underground or in basements. The LoRaWAN protocol offers unique and unequaled benefits in terms of bi-directionality, security, mobility and accurate localization that are not addressed by other LPWAN technologies. These benefits will enable the diverse use cases and business models that will enable deployments of large scale LPWAN IoT networks globally.

About TMC
TMC is a global, integrated media company that supports clients’ goals by building communities in print, online, and face to face. TMC publishes multiple magazines including Cloud Computing, IoT Evolution, Customer, and Internet Telephony. TMCnet is the leading source of news and articles for the communications and technology industries. TMC produces a variety of trade events, including ITEXPO, the world’s leading business technology event, as well as industry events: Asterisk World; AstriCon; ChannelVision (CVx) Expo; DevCon5 – HTML5 & Mobile App Developer Conference; IoT Evolution Conference & Expo; Real Time on the Web Conference and more. Visit TMC Events for additional information. For more information about TMC, visit www.tmcnet.com.

Media Contacts
Will Yapp, Senet, Inc.: +1603-609-7384, wyapp@senetco.com
John Gates, Elevate Communications: 617-861-3651 or 617-5488972, jgates@elevatecom.com
Stephanie Thompson, TMC Contact: 203-852-6800, ext. 139, sthompson@tmcnet.com

Senet Achieves Coverage in Over 100 U.S. Cities

Continues LPWAN network build out in the U.S. with plans to double number of
cities in the next year, enabling rapid deployment of commercial B2B IoT applications

Portsmouth, NH – Senet, the first and only North American provider of public, low-power, wide-area networks (LPWANs) for long range-based (LoRa®-based) Internet of Things (IoT) applications, today announced that it has achieved coverage in 100 U.S. cities and plans to double that number over the next year.

“We continue to execute on our plan of building out the network in the U.S. and are thrilled to have reached this milestone,” said George Dannecker, president and CEO of Senet. “This clearly demonstrates our leadership position in building and operating LPWAN networks at scale. However, network coverage and growth are only one piece of the puzzle in commercializing high-ROI IoT applications, which is why we will continue to focus on helping these applications get deployed more quickly and will be making further investments and announcements in that area.”

Senet will utilize their proven ability to launch and manage networks and deploy both Macrocell and Microcell technology at scale to provide support for the multitude of LPWAN use cases expected to be deployed over the coming months and years. Currently, Senet is the only provider that can seamlessly manage both technologies in a single deployment using its world-class operations support systems (OSS) capability.

“Reaching this milestone of 100 cities covered, while promising to double that figure in the next year, really highlights not only Senet’s commitment to be a leading IoT service provider in the US—it is also a testament to the LoRa® Alliance’s approach to IoT,” said Daryl Schoolar, principal analyst at Ovum for Intelligent Networks. “One of the key success factors in these early days of LPWAN IoT networks is achieving scale to attract both the attention of enterprise users and the application developers who want to reach those enterprises. As a result of this milestone, companies wanting to work in the IoT space will certainly want to take note of Senet.”

###

About Senet, Inc.
Senet, a contributing member of the LoRa® Alliance, is the first and only public provider in North America of low-power, wide-area networks (LPWANs) with its class-leading LoRa® modulation for IoT/M2M applications. LPWANs enable value-driven solutions that can unlock immediate ROI by enabling devices to connect over very long ranges (approximately 15 miles) while delivering very long battery power life (approximately 10 years) for an extremely low total cost of ownership. Low cost, low power, and secure, the Senet network has distinct advantages over cellular, Wi-Fi, and other emerging connectivity technologies for the IoT market. For additional information, visit http://www.senetco.com or contact Senet at +1.603.821.0003. ©2016 Senet, Inc. All rights reserved. Information subject to change without notice. Senet assumes no liability for errors that may appear in this document.

About LoRa® Alliance
The LoRa® Alliance is an open, non-profit association of members now totaling over 300, who believe that the Internet of Things era is now! Our members are collaborating together and sharing experiences to drive the success of the LoRa protocol, LoRaWAN, as the open global standard for secure, carrier-grade IoT LPWA connectivity.

Media Contacts
Will Yapp, Senet, Inc.: +1-603-609-7384, wyapp@senetco.com
John Gates, Elevate Communications: 617-861-3651 or 617-548-8972, jgates@elevatecom.com