NOD: Currant, has selected Nordic’s nRF52832
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"‘Currant WiFi Smart Outlet’ with Bluetooth Low Energy and Wi-Fi employs artificial intelligence to monitor and manage power usage and reduce energy costs
10 Dec 2018 Oslo, Norway
The new smart outlet employs Nordic’s nRF52832 SoC to act as the device’s central processor and provide wireless connectivity to the user’s smartphone or tablet
Nordic Semiconductor today announces that Califronia-based smart home solutions company, Currant, has selected Nordic’s nRF52832 System-on-Chip (SoC) to provide the Bluetooth® Low Energy (Bluetooth LE) wireless connectivity for its ‘WiFi Smart Outlet’, a Bluetooth LE- and Wi-Fi-connected device employing artificial intelligence (AI) to enable users to monitor and manage their power usage, reduce energy consumption, and cut electricity costs.
In operation the user can plug any household appliance into the WiFi Smart Outlet, which in turn is plugged into any power outlet in the home. Once paired with a Bluetooth 4.0 (and later)-enabled smartphone or tablet using Bluetooth LE wireless connectivity provided by the Nordic SoC—or via a Wi-Fi connection—the user can immediately review their energy usage and costs by appliance, as well as create customized rules to manage their energy usage, via the iOS or Android ‘Currant app’. For example, the app can be used to switch on and off an appliance in a particular room at predetermined times. Wi-Fi connectivity enables the smart outlet to be monitored and controlled remotely via the Cloud when the user is away from home. At home, the user can use voice control to instruct Amazon Alexa or Google Home to operate a connected appliance.
The WiFi Smart Outlet uses AI to recognize patterns in energy usage and suggest changes to cut down on electricity costs. Once the device has been in operation for approximately one week it will learn the user’s schedule, the devices that are plugged in, and the associated energy usage. Using this information—and data gathered from thousands of other devices—the Currant app will recommend a schedule for everything the user has connected to minimize energy consumption and reduce costs. The user has control over whether to accept the schedule or change it, which in turn enables Currant’s proprietary algorithm to continue to learn and improve over time.
In addition to providing Bluetooth LE connectivity, the Nordic SoC functions as the device’s CPU, the nRF52832’s powerful 64MHz, 32-bit Arm® Cortex™ M4F processor provides ample computational power, Digital Signal Processing (DSP), and Floating-Point (FP) arithmetic functionality to both run the Bluetooth LE RF protocol software (‘stack’) and assist the application software’s complex AI algorithms.
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https://www.nordicsemi.com/News/2018/12/Currant-WiFi-Smart-Outlet-employs-nRF52832
Kurt
"‘Currant WiFi Smart Outlet’ with Bluetooth Low Energy and Wi-Fi employs artificial intelligence to monitor and manage power usage and reduce energy costs
10 Dec 2018 Oslo, Norway
The new smart outlet employs Nordic’s nRF52832 SoC to act as the device’s central processor and provide wireless connectivity to the user’s smartphone or tablet
Nordic Semiconductor today announces that Califronia-based smart home solutions company, Currant, has selected Nordic’s nRF52832 System-on-Chip (SoC) to provide the Bluetooth® Low Energy (Bluetooth LE) wireless connectivity for its ‘WiFi Smart Outlet’, a Bluetooth LE- and Wi-Fi-connected device employing artificial intelligence (AI) to enable users to monitor and manage their power usage, reduce energy consumption, and cut electricity costs.
In operation the user can plug any household appliance into the WiFi Smart Outlet, which in turn is plugged into any power outlet in the home. Once paired with a Bluetooth 4.0 (and later)-enabled smartphone or tablet using Bluetooth LE wireless connectivity provided by the Nordic SoC—or via a Wi-Fi connection—the user can immediately review their energy usage and costs by appliance, as well as create customized rules to manage their energy usage, via the iOS or Android ‘Currant app’. For example, the app can be used to switch on and off an appliance in a particular room at predetermined times. Wi-Fi connectivity enables the smart outlet to be monitored and controlled remotely via the Cloud when the user is away from home. At home, the user can use voice control to instruct Amazon Alexa or Google Home to operate a connected appliance.
The WiFi Smart Outlet uses AI to recognize patterns in energy usage and suggest changes to cut down on electricity costs. Once the device has been in operation for approximately one week it will learn the user’s schedule, the devices that are plugged in, and the associated energy usage. Using this information—and data gathered from thousands of other devices—the Currant app will recommend a schedule for everything the user has connected to minimize energy consumption and reduce costs. The user has control over whether to accept the schedule or change it, which in turn enables Currant’s proprietary algorithm to continue to learn and improve over time.
In addition to providing Bluetooth LE connectivity, the Nordic SoC functions as the device’s CPU, the nRF52832’s powerful 64MHz, 32-bit Arm® Cortex™ M4F processor provides ample computational power, Digital Signal Processing (DSP), and Floating-Point (FP) arithmetic functionality to both run the Bluetooth LE RF protocol software (‘stack’) and assist the application software’s complex AI algorithms.
"
...
https://www.nordicsemi.com/News/2018/12/Currant-WiFi-Smart-Outlet-employs-nRF52832
Kurt
Redigert 20.01.2021 kl 19:14
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Volf
10.12.2018 kl 11:36
1566
NORDIC SEMICONDUCTOR BUY on short-term headwinds While we have significantly cut our estimates for 2018– 2020 after last week’s profit warning, we are confident in Nordic Semiconductor’s medium- to longer-term prospects and believe investors should look beyond extraordinary macroeconomic events when valuing its shares. In addition to the Apple design, our review of BLE designs for November showed the company expanding its market share to 51% (October: 40%), demonstrating a still-solid competitive positioning. We reiterate our BUY recommendation, while we have cut our target price to NOK59 (NOK69).
Estimates cut for 2019–2020 on US-China trade tensions; below 2019 consensus. We have significantly cut our sales (~-20%) and EBITDA (~-40–60%) estimates for 2019–2020e on the back of what we expect to be a short-term deceleration in market growth in 2019 due to uncertainty over US-China trade tensions, and now model in a few quarters’ delay for both its core short-range business and burgeoning long-range business. We are now ~20% below consensus 2019e EBITDA.
Current challenges should in our view be viewed as transitory. While the outcome of the US-China conflict is hard to predict, we believe that: 1) it is in both parties’ interest to find a solution; and 2) we understand global supply chains are migrating capacity out of China to cope with trade tensions, to be able to meet still strong end-customer demand. In our view, this should help shorten the longevity of current headwinds, the latter which should be seen as transitory from a valuation perspective.
Design win momentum – reiterate BUY, but target price cut to NOK58 (69). Nordic Semiconductor’s recent design win with Apple, as well as continued solid momentum in overall design wins – ~51% market share (according to our proprietary BLE tracker) – bolsters our confidence in its positioning and long-term financial outlook. We reiterate our BUY, but have cut our target price to NOK59 (69) on lowered estimates and what we expect to be challenging short-term sentiment towards the sector, valuing its short-range business at NOK47/share (55) and its long-range business at NOK12/share (14).
Estimates cut for 2019–2020 on US-China trade tensions; below 2019 consensus. We have significantly cut our sales (~-20%) and EBITDA (~-40–60%) estimates for 2019–2020e on the back of what we expect to be a short-term deceleration in market growth in 2019 due to uncertainty over US-China trade tensions, and now model in a few quarters’ delay for both its core short-range business and burgeoning long-range business. We are now ~20% below consensus 2019e EBITDA.
Current challenges should in our view be viewed as transitory. While the outcome of the US-China conflict is hard to predict, we believe that: 1) it is in both parties’ interest to find a solution; and 2) we understand global supply chains are migrating capacity out of China to cope with trade tensions, to be able to meet still strong end-customer demand. In our view, this should help shorten the longevity of current headwinds, the latter which should be seen as transitory from a valuation perspective.
Design win momentum – reiterate BUY, but target price cut to NOK58 (69). Nordic Semiconductor’s recent design win with Apple, as well as continued solid momentum in overall design wins – ~51% market share (according to our proprietary BLE tracker) – bolsters our confidence in its positioning and long-term financial outlook. We reiterate our BUY, but have cut our target price to NOK59 (69) on lowered estimates and what we expect to be challenging short-term sentiment towards the sector, valuing its short-range business at NOK47/share (55) and its long-range business at NOK12/share (14).
Redigert 20.01.2021 kl 19:14
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Kurt Asje
10.12.2018 kl 15:31
1466
To av shortaktørene startet med shortinndekning på tampen av forrige uke, litt synd egentlig...
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Redigert 20.01.2021 kl 19:14
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Redigert 20.01.2021 kl 19:14
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