LTTS, Cadence Launch New NB-loT Solution to Facilitate Smart Connectivity | CORPORATE ETHOS

LTTS, Cadence Launch New NB-loT Solution to Facilitate Smart Connectivity

By: | June 25, 2018
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Jun 25: L&T Technology Services Ltd (LTTS), a leading global pure play engineering services company, on Monday said that it has partnered with California-based Cadence Design Systems, a leader in manufacturing electronics and integrated circuits, to launch its new NB-IoT (Narrow Band-Internet of Things) protocol stack nB-on, which will be hosted on Cadence’s Tensilica platform.

Commenting on the development, Ashish Khushu, Chief Technology Officer at L&T Technology Services, said, “we are excited to roll out nB-on, a comprehensive and light-weight 3GPP NB-IoT device protocol  stack developed by LTTS that is both platform and industry agnostic. Our partnership with Cadence Technologies involves integrating nB-on with Cadence’s popular Tensilica platform, which will result in cost effective use cases for a multitude of functions ranging from smart packing management, smart meters to modern fleet and waste management. Our combined NB-IoT package will provide enhanced iOt connectivity, lowering deployment and maintenance costs while supporting a large number of devices. LTTS has been an important contributor to prevailing 3GPP NB-IoT standards and anticipates mass adoption of the nB-on solution in the near future.”

LTTS shares were trading in red at Rs 1,305, down 1.10% from the previous closing of Rs 1,319.55, on BSE at 11.38 am today.