Excelpoint and Bkav Signs Strategic Collaboration to Develop and Commercialise AIoT Platform based on Qualcomm Technology Ecosystem
Retrieved on:
Wednesday, October 19, 2022
IOT, Electronics, Efficiency, AI box, Home, Research, Build automation, Industry, KIT, Workforce, Align Technology, Artificial intelligence, Technology, Knowledge, Software, Smart city, US, AI, Foxconn, CEO, Ecosystem, Active Intelligence Pte Ltd, BHS, Security, Internet, ODM, Smart Parks, Original design manufacturer, Human, EMS, Renewable energy, Mobile phone, Video game console, Management, ASEAN, Qualcomm
According to a report by ResearchAndMarkets.com, the global AIoT market will reach US$83.6 billion by 2027, growing at 39.1% compounded growth rate per annum.
Key Points:
- According to a report by ResearchAndMarkets.com, the global AIoT market will reach US$83.6 billion by 2027, growing at 39.1% compounded growth rate per annum.
- With the tripartite alliance between Qualcomm, Excelpoint, and Bkav to create a complete ecosystem for AIoT applications, it can enable businesses and communities to seamlessly adopt and integrate AIoT technology with optimal costs and time efficiency, thereby creating new business opportunities and innovations within the AIoT technology spectrum.
- Under the alliance, Qualcomm will provide its chipsets, while Excelpoint will pursue the business development opportunities related to AIoT through its strong distribution networks.
- Mr. Albert Phuay, CEO of Excelpoint, added, "We are very honoured to be a part of this strategic collaboration, value-adding to the future of AIoT.