Altair and The Internet of Everything
The “Internet of Everything” (IoE) has held promise for the past several years. However, the combination of high device and service cost, and low service value has kept it from becoming a reality.
Legacy 3G technologies and networks have failed to meet the necessary requirements to make IoE become a reality.
4G LTE is already demonstrating the potential for changing this paradigm by providing high performance, affordable broadband mobility to the masses. Innovative LTE carriers offer large or flat ‘all you can eat’ data plans, shared across multiple devices under a single subscription. And LTE subscribers have gotten used to expect multi-Mbps links on the go – just as they do at home or in the office.
The only thing that hasn’t changed is the high cost of adding cellular connectivity to devices.
Altair is changing that.
By offering LTE-only semiconductor solutions, unhampered by the high cost of 3G silicon, bill-of-materials and patent royalties, Altair is disrupting the ecosystem and enabling, for the first time, the introduction of connected devices at a marginally higher cost than WiFi-only devices.
Incumbent cellular chip suppliers have a strong financial interest in prolonging the life of 3G. But the world’s largest carriers have come to understand the value and cost benefits that Altair’s 100% LTE chipsets bring, causing the landscape to quickly and profoundly start changing.
The transition from 3G to 4G LTE is happening. Altair is the catalyst for a real disruption in the market.
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Reuters - Altair Semiconductor said on Wednesday it has developed a new technology that will allow small devices like security alarms and electricity meters to connect to fourth generation (4G) mobile networks more efficiently.