PARIS, Nov. 12, 2020 /PRNewswire-PRWeb/ -- Nestwave, a provider of low-power geolocation IP and cloud services for Internet of Things (IoT) applications, has been selected as winner of the "GPS-based Solution of the Year" award in the fourth annual Mobile Breakthrough Awards program conducted by Mobile Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global wireless and mobile market today.
Nestwave's positioning solution is ideal for low power Internet-of-Things (IoT) use cases such as asset track and trace for logistics, industry 4.0, smart city and consumer applications. Purpose-built for IoT, the Nestwave solution reduces power consumption by 10x as compared to traditional GNSS while eliminating the need for a dedicated positioning chipset.
The Company's revolutionary approach uses GNSS, 4G/5G and WiFi signals to generate accurate location fixes in challenging, multipath rich urban environments and for indoor locations suffering from low signal strength. Additionally, the company has divided the processing pipeline between devices (modem chip or DSP) and the Cloud. Local device resources are employed for tasks that require fast, high resolution processing and the Cloud is used for complex computation and efficient access to large databases.
"The advanced IoT device designs of today are limited by performance and cost," said Ambroise Popper, CEO at Nestwave. "Nestwave unlocks new opportunities by eliminating the need for dedicated positioning chipsets, improving accuracy, and reducing power dissipation. We're thrilled to be named a 2020 Mobile Breakthrough Award winner, and we're looking forward to helping chipset and product companies develop and bring to market new and innovative solutions for IoT geolocation."
The mission of the annual Mobile Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of mobile and wireless technology categories, including Cloud Computing, Mobile Management, Wireless and Broadband, Mobile Analytics, IoT and Smart City and many more. All nominations were evaluated by an independent panel of experts within the wireless industry.
"Nestwave has developed a breakthrough solution for IoT positioning, with advanced, light-weight signal processing that enables wireless modem, MCU, and DSP vendors to provide high performance, low cost geolocation capabilities to their customers," stated James Johnson, managing director, Mobile Breakthrough. "We extend our sincere congratulations to the entire team at Nestwave for breaking through the crowded IoT market and delivering a Mobile technology that stands on its own."
About Nestwave
Nestwave SAS, based in Paris, is a provider of advanced geolocation solutions to IoT and GNSS chipmakers. Our patented technology integrates into IoT modem and DSP devices enabling high performance, low power location capability and eliminates the need for a dedicated positioning chipset. Nestwave is enabling the next generation of IoT tracking solutions for industry 4.0, smart city, transportation, logistics and consumer applications. To learn more, please visit us at nestwave.com.
About Mobile Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the Mobile Breakthrough Awards program is devoted to honoring excellence in mobile and wireless technology companies, products and people. The Mobile Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough mobile companies and products in categories including Cloud Computing, Mobile Management and Security, Wireless and Broadband, Mobile Analytics, IoT and Smart City technology, WLAN, WiFi and more. For more information visit MobileBreakthroughAwards.com.
Media Contact
David Gell, Nestwave, +33 1 88 33 69 10, [email protected]
James Johnson, Mobile Breakthrough, 2132553658, [email protected]
SOURCE Nestwave
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