FOR IMMEDIATE RELEASE:
Thalwil, Switzerland - July 26th, 2017 - Being awarded one of the ten most promising Swiss startups in 2017, the young company, specialized in the Internet of Things (IoT), is growing at a high pace: only one and a half years after its launch, Loriot is working with more than 6000 clients in over 100 countries. After opening offices in Valencia, Budapest and Tel-Aviv, Loriot is now expanding the team in its headquarters in Thalwil, Switzerland to extend its core business and customer services. Yannik Kopp is one of the first hires this year, joining Loriot’s business development team.
Kopp will contribute to further technical development of Loriot products, and strengthen the relationship with national and international clients. He will act as a link between the technical development team and the geographically distributed business units. “I see a huge potential in the market of IoT specially in combination with the LoRaWAN technology. The products of Loriot serve the business needs perfectly” says Kopp about his motivation for joining Loriot.
Prior to this, Kopp was leading a group of experts and consultants in the field of IoT for one of the biggest consulting companies in Switzerland. He implemented numerous IoT projects for leading Swiss energy suppliers. As a specialist for Microsoft Azure Cloud, he is bringing years of experience with the diverse Azure components into Loriot and its customers. During his university studies in 2015, Kopp did research on the Internet of Things and LoRaWAN, allowing him to have an extensive knowledge in this field. “We’re excited having Yannik in the Loriot family. With his experience from the consulting business and his industry knowhow Yannik will bring a tremendous added value to Loriot’s clients” comments Julian Studer CFO/COO at Loriot.
The startup’s main focus lies on the LoRaWAN technology, an energy-efficient and comprehensive communications protocol. Loriot’s products facilitate the gathering and forwarding of sensor data on a platform protected by banking-grade security. On the infrastructure developed by Loriot itself, the sensor data can then be analysed and used for the implementation of any kind of IoT- use case. Technology companies like IBM, Microsoft, Hewlett-Packard Enterprise, Microchip, STM, and others already rely on the industry-leading products, know-how and expertise of the young Swiss company.
To fully leverage the potential of the rapidly growing IoT market, Loriot is keeping its focus on acquiring new talents for their international team in Switzerland, Spain, and other locations worldwide.
Loriot provides a portfolio of LoRaWAN software products and software services. Its software is currently powering a global public LoRaWAN network, and numerous public and private networks worldwide.
LORIOT's geographically distributed server infrastructure delivers low-latency access to LoRaWAN network and data management services. The infrastructure enables clients to deliver convincing Proof-of-Concept projects with extremely short time to market, minimized development effort, and fast return on investment. Clear path from PoC to large-scale network is available through the options single-tenant managed services and the option of software licensing of the LoRaWAN managment software for on-premise deployment.
Loriot works closely with LoRa gateway and end-device / sensor manufacturers to ensure high quality and compliance with security standards of complete LoRaWAN-based end-to-end solutions.