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ELON Echelon Corp. (delisted)

8.47
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Echelon Corp. (delisted) NASDAQ:ELON NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.47 4.15 8.47 0 01:00:00

Echelon Enables Outdoor Lighting to Enhance Public Safety through IBM Watson Internet of Things

17/01/2017 3:00pm

Business Wire


Echelon Corp. (delisted) (NASDAQ:ELON)
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New Cognitive, Adaptive Streetlighting Becomes Platform for Smart Cities to Integrate IoT Applications

Internet of Things (IoT) pioneer Echelon Corporation (NASDAQ: ELON) today announced its collaboration with IBM Watson IoT to bring cognitive intelligence to its adaptive streetlight control platform, helping municipalities transform into smarter, safer and more sustainable cities. Echelon will infuse Watson IoT capabilities into its next-generation, adaptive LED lighting control solution to form a pervasive, more intelligent infrastructure that can easily integrate IoT applications to address municipal safety, environment and energy challenges.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170117005900/en/

IBM Watson IoT is a cognitive system that learns from and infuses intelligence into the physical world. By combining IBM Watson IoT data with Echelon’s IoT connected streetlighting architecture, municipal leaders can gain significant insights which they can use to improve public safety. IBM Watson IoT capabilities closely align with Echelon’s promise to municipalities – to enable them to more cost-effectively leverage innovations in technology that drive safety and sustainability initiatives.

“With a mission to continually advance our adaptive streetlighting solution, we are excited at the prospect of integrating the cognitive and real-time analytics capability of IBM Watson IoT into Echelon's platform to enhance its inherent intelligence,” said Sohrab Modi, Chief Technology Officer, Echelon. “If mayors and town selectmen can have infrastructures that adapt to the data produced by billions of interconnected sensors and devices, they can positively impact crime and weather-related accident statistics. The omniscience that IBM Watson IoT will bring to our next-generation technology will be a huge asset for local and state governments.”

With its Lumewave by Echelon® platform, Echelon is bringing its long-standing history in developing protocols and communication control solutions, as well as its next generation architectures for multi-application IIoT networks, to the IBM Watson IoT collaboration. The Echelon portfolio supports a wide range of lighting and building communications including LON® and LonTalk/IP, BACnet, Modbus, DALI and more for a broad selection of devices that can be easily integrated into an open platform.

About Echelon Corporation

For 25 years Echelon (NASDAQ:ELON) has pioneered the development of open-standard networking platforms for connecting, monitoring and controlling devices in commercial and industrial applications. With more than 110 million devices installed worldwide, Echelon’s proven, scalable solutions host a range of applications enabling customers to reduce energy and operational costs, improve safety and comfort, and create efficiencies through optimizing physical systems. Echelon is focusing today on two IoT (Internet of Things) market areas: Creating smart cities and smart enterprises through connected outdoor lighting systems, and enabling device makers to bring connected products to market faster via a range of IoT-optimized embedded systems. More information about Echelon can be found at www.echelon.com.

For more information about IBM Watson IoT, please visit www.ibm.com/iot.

Echelon, the Echelon logo and Lumewave by Echelon are trademarks of Echelon Corporation that may be registered in the United States and other countries. Other product or service names mentioned herein are the trademarks of their respective owners.

This press release may contain statements relating to future plans, events or performance. Such statements may involve risks and uncertainties, the risk that Echelon's offerings by themselves or combined with other applications or offerings do not perform as designed or do not offer the expected benefits and savings; and other risks identified in Echelon's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Echelon undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Echelon Corp.Lucie Mannpr@echelon.com

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