Wienke Giezeman Shares Vision on Low Power Networks

— Barcelona. During the recent IoT Solutions World Congress (IOTSWC), Wienke Giezeman, CEO and co-founder of The Things Industries, a leading figure in the low-power wide-area network (LPWAN) space, offered a refreshing perspective on the current state of the market.

The Things Industries, with over 1,000 client companies globally, has seen a 100% year-on-year growth in deployments and a 60% year-on-year growth in revenue. This success hinges on the company’s customers’ profitability.

During the conference, EE Times had the opportunity to talk to Giezeman. He acknowledged how the initial hype surrounding IoT led to inflated expectations. He pointed to several companies scaling back or exiting the market entirely. However, he emphasized a positive underlying trend: steady growth in practical applications. This growth is driven by solutions that solve real problems and reduce operational costs.

Read more: https://www.eetimes.com/wienke-giezeman-shares-vision-on-low-power-networks/