“There is a real opportunity today to be a leader in the Internet of things space because there is nobody with a network to cover the whole world,” Le Moan said. “The plan for Sigfox is to have global coverage. We already have 10 countries covered.”
Sigfox’s network, used for automated objects rather than mobile devices, is inspired by how submarines communicated during World War I, using wavelengths that carry less information but travel farther. Samsung Electronics Co. invested in June, joining a line of financiers including energy provider Engie and gas-maker Air Liquide SA. They’re all seeking widespread yet cheap networks to collect information from electricity meters or smartwatches, which send small amounts of data at a time.
Sigfox’s networks are constructed in the same manner as those of traditional carriers, with a grid of connected cells that cover an area and link back a central network. Simple information such as the location of a device, energy consumption, an alarm, or any other type of basic sensor information can be sent inexpensively.
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