News and Announcements
IoT Provider Thinxtra Announces New Partnership
- Published April 06, 2017 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
IoT provider Thinxtra has announced a partnership with Hong Kong wireless technology company, Victory Concept, to develop IoT devices for Asia-Pacific enterprises to implement using the low-power-wide area (LPWA) Sigfox network.
Thinxtra recently announced plans to deploy a Sigfox network throughout Hong Kong by June. The devices will also be compatible with Sigfox networks in 32 countries worldwide.
“The Thinxtra network will offer companies and researchers in Hong Kong the chance to create new products and services based on IoT. We believe that Hong Kong has the potential to be a world-leading IoT design and manufacturing hub,” Thinxtra Asia MD Murray Hankinson said.
“With the skills and facilities to provide a reliable supply of high-quality, low-cost devices in Hong Kong, Victory Concept is helping us create the right conditions for IoT innovation to flourish here and spread around Asia Pacific and to the world.”
Internet of Things (IoT) is the next technological revolution impacting businesses and consumers by connecting billions of objects to the Internet.
While major telco operators are focusing on investing millions to increase bandwidth for smartphones, they are leaving aside an amazing potential in small message transmissions such as: Meter readings, GPS position, Temperature, Movement monitoring.
In the past, high costs, short battery lives and implementation complexity have blocked most IoT trials. Therefore, to unlock this market, Thinxtra will use the SIGFOX technology, world-leader and already deployed in Europe, to provide low power, long range and low-cost IoT solutions.