Synapse Wireless Celebrates Eight Years of Innovations in the Rapidly Growing Internet of Things Industry
October 1, 2014
Company to commemorate its journey of successes with the community on Thursday, October 2.
Huntsville: October 1, 2014– Synapse Wireless, an Internet of Things (IoT) solutions company, invites community leaders and local media to learn more about their industry-leading innovative solutions developed in Huntsville’s Research Park. Founded in “The Rocket City” in 2007, Synapse has garnered commercial success as an important player in the global IoT space, with more than 21 patents awarded in the last 8 years, and providing proven solutions for companies such as American Airlines, General Motors and the U.S. Army, to name a few.
The Internet of Things (IoT) is the next revolution in information technology fuelled as component parts of computers (wireless chips, sensors, memory, storage, CPU) continue to get smaller and cheaper, and as Internet connectivity prices drop and coverage grows. It is increasingly possible to build connected computers into devices or ‘things,’ such as light fixtures, medical devices, patient bracelets, combustion engines, kitchen equipment, merchandise racks, electric meters or solar panels, transforming the way companies approach new business solutions. Synapse’s innovative SNAP® IoT operating system provides a unique approach to this market, setting Synapse apart from its technology competitors.
“Synapse developed an IoT operating system and application platform that has exceptional and unique functionality. We possess many technologies and capabilities in-house that allow us to develop integrated, end-to-end solutions, which many companies are unable to do.” explains Chad Markle, Synapse President. “It is rare for a single company to encompass the entire solution – from sensor to cloud and distributed computing. Most IoT players are developing solutions that are less integrated, less efficient, less scalable and less impactful.”
With the IoT market expected to grow by more than $5 trillion over the next 6 years (IDC, 2014), Synapse’s existing expertise in this field of new and upcoming players enhances Huntsville’s recent recognition as one of the Top 10 Promising Tech Hubs in the United States (techie.com, 2014).
“Synapse is enabling entirely new business models in the IoT space. They are jumping ahead of the current market’s noise and confusion about wireless connectivity and Big Data and are re-defining how value is created from sensors and the data received. We believe the company’s SNAP architecture is setting the stage for a new chapter in smart connected systems.” Harbor Research, 2014.
The SNAP technology ecosystem is designed for real time processing, distributed computing and scalability for enterprise customers with large network requirements (from node to gateway to cloud). It was developed to solve the ‘hard problems’ for applications, and enables unmatched, field proven scalability. Synapse currently has over 6,000 registered SNAP developers.
“At Synapse, each member of our team shares a responsibility and commitment to live our company culture and deliver high performance in an environment that encourages open and direct communication, fosters fun, and upholds our company values,” explains Key Foster, Synapse CEO. “Our culture is present and consistent in everything we do. Each of us pledges an uncompromising commitment to these high standards. To support this, we put a lot of effort into hiring the best, both in the Huntsville community and beyond. We take our time in selecting those that demonstrate our values which will contribute to the long term success and growth of our organization. Synapse has increased its workforce by 150% over the past year, and is continuing to grow. The company currently has 147 employees.”
While Synapse’s mission is to improve the world through intelligent connectivity, it is also dedicated to giving back to the Huntsville community. Outreach programs include partnerships with the Manna House, St. Jude’s, Merrimack Hall and area high school Robotics clubs, to name a few.
Synapse is hosting a solutions overview and company celebration at their Research Park Facility at 10am on Thursday, October 2nd. For more information, please contact Megan Nivens at Megan.Nivens@synapse-wireless.com.
About Synapse Wireless, Inc.
Synapse Wireless, Inc. delivers proven Internet of Things connected solutions for a diverse range of industries including solar, lighting, healthcare, retail, and food services. Built on its award-winning SNAP® wireless mesh network operating system, Synapse Wireless solutions are deployed on enterprise-class platforms, improving efficiency and distributing intelligence to the edge of its customers’ networks. Synapse is a subsidiary of McWane, Inc.
About McWane Inc.
McWane, Inc. is a family-owned business based in Birmingham, Alabama, with companies across the U.S. and around the world. The McWane family of companies casts ductile iron products, including pipe, valves, hydrants, fittings and plumbing products, and manufactures fire extinguishers, fire suppression systems and steel pressure vessels. McWane is a leader in delivering clean, safe drinking water while focusing on safe, environmentally friendly manufacturing processes. With more than 7,000 team members, McWane has a longstanding commitment of supporting the communities where our team members live and work. For more information, visit mcwane.com.