Altera Joins Industrial Internet Consortium to Influence Global Ecosystem for Internet of Things

San Jose, Calif., —Altera Corporation (NASDAQ: ALTR) today announced the company has joined the Industrial Internet Consortium, a collaborative industry organization facilitating development of a global ecosystem for the Internet of Things (IoT). Specifically, Altera is working together with the consortium’s membership on technical roadmaps to build out the Industrial Internet, a network of intelligent devices and sensors between which data can be exchanged via different connectivity protocols to drive  productivity enhancements across a wide range of end-market applications. The promise of IoT is that this intelligent connected network will enable companies to create “smart” new business applications that deliver asset and operational optimization and streamline or automate existing processes.“The IIC is leading in the development of industrial IoT innovation and technology,” said Dr. Richard Soley, executive director, Industrial Internet Consortium. “We are pleased Altera has joined the IIC, offering its experience in FPGA and SoC-based solutions, for the development of IoT systems that are more flexible and secure.”FPGAs Enable Intelligent and Flexible IoT Gateways and Analytics Acceleration
Altera’s highly customizable FPGA (field programmable gate array) and SoC (system on chip) products offer designers the ability to securely bridge diverse and evolving wired and wireless interface standards across a broad range of IoT applications. FPGA technology also supports the acceleration of data analytics and control functions in both the data center, and locally, at the edge, that are core to emerging IoT application requirements.“Altera technology will enable the IIC to look at innovative ways to support accelerated intelligent cloud and gateway platforms that collect and process the input from a wide variety of ‘things’ at the edge of the network,” said David Moore, director, Industrial Business Unit at Altera. “These platforms can benefit significantly from Altera’s hardware and software programmability, which can flexibly service fragmented application needs while offering the performance to cost-effectively accelerate analytics and security in the data center and IoT infrastructure.”Altera FPGA, SoC and power products already play a significant role in enabling connectivity in RF wireless systems and machine-to-machine communication networks.  In addition, programmable logic is applied extensively in factory automation and smart grid applications, supporting high-performance control and analytics that enhance the efficiency, safety, and security in advanced manufacturing and power systems. FPGAs are also being deployed in next-generation automotive and medical IoT systems, and in smart city applications, such as intelligent lighting and traffic management systems that incorporate high-performance embedded vision and video analytics capabilities. To learn more about Altera’s IoT solutions go to www.altera.com/solutions/technology/iot/overview.html.

About Industrial Internet Consortium
The Industrial Internet Consortium is an open membership organization, with more than 150 members to date, formed to accelerate the development, adoption and widespread use of interconnected machines and devices, intelligent analytics, and people at work. Founded by AT&T, Cisco, General Electric, IBM and Intel in March 2014, the Industrial Internet Consortium catalyzes and coordinates the priorities and enabling technologies of the Industrial Internet.  www.iiconsortium.org.

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