AtomBeam Technologies is launching data compaction software that enables intelligent IoT networking by reducing data transmission by 75%, while adding virtually no latency. The patented technology will be on show at Mobile World Congress (MWC) event in Los Angeles this week.
The data compaction system reduces the amount of IoT data transmitted by 70-80%, effectively expanding existing bandwidth by 3-5x. AtomBeam's proprietary AI/machine learning can provide savings of 30 to 70% in hardware, network and cloud costs. The software also provides a built-in security layer.
This means companies can see up to 75% data reduction in their cloud costs from solution providers, while satellite companies and their users having up to 5x more bandwidth at lower latency
Cellular and NB-IoT (LPWAN) service providers can double the transmission range of links with increased security and see a 25% reduction in battery life usage, enabling a similar OPEX savings for companies to maintain their field sensors.
AtomBeam Technologies licenses its software to manufacturers of IoT devices and gateways, edge and data centre servers and cloud storage systems as well as to networks such as satellites, LPWANs, and telcos.
"AtomBeam is at the intersection of four powerful technology trends," said James Brehm, Founder & CEO of James Brehm and Associates, a leading consulting and market intelligence company. "It is leveraging AI-ML to manage the Big Data that 5G and IoT companies will be forced to deal with as thousands of IoT devices, gateways and sensors contribute data. Much of the data generated in IoT is repetitive. AtomBeam's technology compacts duplicative and oftentimes extraneous information, reducing network load and providing virtual network capacity gains of an additional 75% or more. This company is going to play a vital role in the movement of IoT data."
According to McKinsey, 127 new devices connect to the Internet every second. Statista reports that 75 billion devices are expected to be connected by 2025. IoT companies will need the capability of real time data transmission combined with added security to assure their networks can safely manage the tsunami of data projected from IoT devices.
"With a fast, light code, AtomBeam can be embedded in virtually any network, data centre server or connected IoT device," said Charles Yeomans, CEO of AtomBeam Technologies.