PHILADELPHIA, Jan. 11, 2022 (GLOBE NEWSWIRE) -- The Business Intelligence Group today announced that Ambiq® was named a winner in its BIG Innovation Awards program. Ambiq is an industry-recognized technology leader in ultra-low power processor solutions for enabling intelligence at the IoT endpoints.

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and rewards those companies whose achievements stand above those of their peers.

Ambiq was founded in 2010 with the singular mission to put intelligence everywhere by creating the most energy-efficient technology platforms and solutions for battery-powered IoT endpoint devices. Ambiq's patented SPOT™ platform is proven to significantly reduce devices' overall power consumption without compromising their battery life or performance. As a result, the company has helped many leading global manufactures develop products that can operate for days – sometimes years – either by battery or energy harvesting.

Ambiq's proprietary Subthreshold Power-Optimized Technology (SPOT™) platform redefines energy efficiency and ultra-low power, making it possible to enable artificial intelligence (AI) everywhere by reducing the total power consumption of the device. As a result, battery-powered products can be always-on for much longer operations and lifespan, making devices such as wearables, remote controls, and specialty sensors for preventive maintenance, all the more powerful in providing actionable insights.

"For over a decade, Ambiq has consistently delivered record-low-power technology platforms and processor solutions for IoT," said Fumihide Esaka, Chairman and CEO of Ambiq. "We are honored that our SPOT™ platform is recognized for its contribution to the industry and the world."

West Fountain Parallel Fund is firmly optimistic about Ambiq Micro's technological innovation capabilities, fully supports the development of the enterprise, and looks forward to Ambiq Micro's continued use of innovative IoT technology to make the world a better place.