Does Ingenu’s CEO Search Portend Problems for Proprietary IoT LPWANs?

K. Weldon

K. Weldon

Summary Bullets:

• LPWAN provider Ingenu announced that CEO John Horn was leaving the company and that it has a new strategic direction with an emphasis on partnering with leading ecosystem vendors to offer turnkey solutions

• This may portend difficulty for all the proprietary LPWAN vendors, who face imminent, highly significant competition from Tier 1 mobile operators launching LTE-M and NB-IoT networks

The sudden departure of Ingenu CEO John Horn, who was also the former head of T-Mobile USA’s IoT division, may be a signal of things to come. The flurry of network launches and service expansions from proprietary LPWAN providers Ingenu, SigFox, and the LoRA Alliance over the last two to three years have given way to more recent and frequent news about LTE-M and NB-IoT build-outs and service trials from mobile operators. 2017 has already seen the majority of global mobile operators promising or delivering on their network promises with national LPWAN networks ready to take on customers. All of these networks have a common message, to lower the price of IoT deployments for lower bandwidth use cases such as non-real-time sensor data collection, while extending device battery life – an ideal combination for long-term deployments where devices may be out in the field without much action or human intervention. A surprisingly large percent of IoT deployments today are in this usage category (often estimated at 60-80%). These are the kinds of applications that used to take advantage of lower cost 2G networks, but the LPWAN providers expect huge growth in the number of connections on their networks over the next five to ten years. Read more of this post