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Frost & Sullivan

2018 - Best Practices Award

European Connected Tire Technology Innovation Award

Ste Industries, the Italian Company specialized in developing innovative high energy-efficient solutions enabling the collection of data from wireless sensor networks, has been awarded with the prestigious Award for Best Practices in Technology Innovation promoted by Frost & Sullivan.

 

Frost & Sullivan’s Best Practices Awards recognize companies throughout a range of regional and global markets for superior leadership, technological innovation, customer service, and strategic product development. Frost & Sullivan’s industry analyst team benchmarks market participants and measures their performance through independent, primary interviews, and secondary industry research in order to evaluate and identify best practices.

 

Frost & Sullivan’s intent is to help drive innovation, excellence and a positive change in the global economy by recognizing best-in-class products, companies and individuals.

 

The Award appoints Micro.sp® Technology, developed and patented by Ste Industries, as Best Practice in Technology Innovation in the connected tire industry – Europe, as “a first-of-its-kind technology for short-range vehicle communication systems that is energy-efficient, fast, and accurate due to its use of PPM. The massive amount of data that Micro.sp® guarantees is a previously unmet need and is key to future vehicle-to-everything (V2X) communication. With the potential to scale up into other industries, it could soon become an industry standard.”

 

Micro.sp® is a low consumption short-range technology (according to ETSI definition) aimed to be implemented in Internet of things (IoT) applications where the battery duration is a critical aspect and the transmitted information is organized in messages composed by a limited number of bits.

 

Following the scenario of a growing demand of data, Ste Industries developed Micro.sp® in order to enable the collection of data from a wider range of objects. The extremely reduced need of energy allows to combine low energy consumption with optimal mechanical form factor miniaturization, featuring the need of continuous data transmission with increased system life span.

The Award appoints Micro.sp® Technology, developed and patented by Ste Industries, as Best Practice in Technology Innovation in the connected tire industry – Europe, as “a first-of-its-kind technology for short-range vehicle communication systems that is energy-efficient, fast, and accurate due to its use of PPM. The massive amount of data that Micro.sp® guarantees is a previously unmet need and is key to future vehicle-to-everything (V2X) communication. With the potential to scale up into other industries, it could soon become an industry standard.”

 

Micro.sp® is a low consumption short-range technology (according to ETSI definition) aimed to be implemented in Internet of things (IoT) applications where the battery duration is a critical aspect and the transmitted information is organized in messages composed by a limited number of bits.

 

Following the scenario of a growing demand of data, Ste Industries developed Micro.sp® in order to enable the collection of data from a wider range of objects. The extremely reduced need of energy allows to combine low energy consumption with optimal mechanical form factor miniaturization, featuring the need of continuous data transmission with increased system life span.

 

The Award in the tire connected industry is the result of years of partnership with top players of the market, which demonstrated the robustness and reliability of Micro.sp® Technology; its versatility makes it ready for applications in many other sectors in the IoT Arena, not only related to connected vehicles, but supporting smart building and smart cities projects, smart agriculture and many other Industry 4.0 use cases.

 

The Award represents an important recognition of the strong effort of the Company to offer its Clients truly innovative solutions and a potential industry standard.

 

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages more than 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 45 offices on six continents. To join our Growth Partnership, please visit www.frost.com.

 

About Frost & Sullivan Best Practices Awards

Frost & Sullivan’s Best Practices Awards recognize companies throughout a range of regional and global markets for superior leadership, technological innovation, customer service, and strategic product development. Frost & Sullivan’s industry analyst team benchmarks market participants and measures their performance through independent, primary interviews, and secondary industry research in order to evaluate and identify best practices. Frost & Sullivan’s intent is to help drive innovation, excellence, and a positive change in the global economy by recognizing best-in-class products, companies, and individuals.