Welcome!

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.

Latest Stories
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
"The Striim platform is a full end-to-end streaming integration and analytics platform that is middleware that covers a lot of different use cases," explained Steve Wilkes, Founder and CTO at Striim, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, will examine the regulations and provide insight on how it affects technology, challenges the established rules and will usher in new levels of diligence...
SYS-CON Events announced today that Calligo, an innovative cloud service provider offering mid-sized companies the highest levels of data privacy and security, has been named "Bronze Sponsor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalised support service from its globally located cloud plat...
SYS-CON Events announced today that Calligo has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Calligo is an innovative cloud service provider offering mid-sized companies the highest levels of data privacy. Calligo offers unparalleled application performance guarantees, commercial flexibility and a personalized support service from its globally located cloud platfor...
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, discussed the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information.
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...
SYS-CON Events announced today that SkyScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SkyScale is a world-class provider of cloud-based, ultra-fast multi-GPU hardware platforms for lease to customers desiring the fastest performance available as a service anywhere in the world. SkyScale builds, configures, and manages dedicated systems strategically located in maximum-securit...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Outscale was founded in 2010, is based in France, is a strategic partner to Dassault Systémes and has done quite a bit of work with divisions of Dassault," explained Jackie Funk, Digital Marketing exec at Outscale, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We were founded in 2003 and the way we were founded was about good backup and good disaster recovery for our clients, and for the last 20 years we've been pretty consistent with that," noted Marc Malafronte, Territory Manager at StorageCraft, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.