The proposed technology itself is moving quickly. In 2019 IoT industry was projected to have an economic impact of 11 trillion dollars by the year 2025. A report published by Statista Research Department in 2016 projected that by 2025, 75 billion IoT devices would reach potential consumers worldwide. One company, Focus Universal Inc. (NASDAQ:FCUV), is working to make this yet-unfulfilled IoT universe more accessible and paving the way for IoT networks to become pervasive.

Focus Universal is a developer and manufacturer of hardware, software, and communications technologies related to IoT and 5G upon 5 disruptive platform technologies. It has an IP portfolio of 3 foundational patents and 13 provisional patents that have the potential to solve major problems related to hardware design, hardware production, software design, and network communication within IoT and 5G industries.

Despite the forward momentum, a new study conducted by Cisco shows that 60 percent of IoT initiatives stall at the very early ‘Proof of Concept (PoC)’ stage and a low 26 percent of companies have had an IoT initiative that they considered an ‘entire’ success. Even worse: a third of all completed projects were not considered to clear the lower hurdle of being a ‘modest’ success.  Evidently, some deeper-seated obstacles and challenges still exist, and must be resolved before the full potential of IoT can be realized. Here are some common challenges and how Focus Universal’s differentiating solutions address these obstructions.

The current IoT systems are customized for specific industries and functions and thus fragmented. They are extremely expensive to design, deploy, manufacture, scale and maintain. Furthermore, interconnectivity and peripheral access is difficult, if not impossible in many cases. Focus Universal claims it has developed a universal platform for all industries that is economical, scalable and easy to maintain. Not to mention, the technology is patented upon 5 cornerstone disruptive technologies.  

Developing IoT devices is a complex process, but Focus Universal uses a hardware software integration solution to minimize the number of hardware pieces required. Thus, the company efficiently simplified the design process, further reduced the aggregate cost structure, and eliminated the significant roadblocks which previously existed. With this language, it doesn’t require a hardware and software engineer to use it, essentially a low-code, ‘universal’ software solution. 

According to Microsoft’s State of IoT report, The industry itself is short of engineers developing IoT software and hardware. Thus, Focus Universal’s platform reduces the number of engineers needed to create an IoT capable device. Focus Universal’s technologies feature concerted and united proprietary software and hardware solutions which work cohesively, simplifying the dual processes, reducing engineering costs and ultimately paving the way for widespread IoT adaptation on any device. No other similar technology is available on the market yet.

Perhaps even more significantly, Focus Universal's initiatives are also fully invested in optimizing data distribution like powerline communications and 5G telecommunication. The current 5G communication is highly inefficient in terms of range, speed and energy consumption.  Focus Universal developed its own patented Ultra Narrowband technology that claims it can transfer data faster, over longer distances, with lower energy, and more effectively than other current solutions. With the Ultra Narrowband technology breakthrough, Focus Universal has the potential to support up to 100 times the coverage range of 5G, reduce energy usage by 6,000 times and create substantial cost savings on IoT and 5G infrastructure.

For years, researchers have sought to harness the capability of the average powerline to deliver large amounts of data effectively. Focus Universal claims to be the first company to succeed in developing this sought-after solution with technology with the ability to utilize existing power line infrastructure to previously unreached areas. The Focus’s technologies bridge the gap between traditional hardware, software & mobile apps in one easy step. As electricity has reached a wider penetration than data services, the technology will effectively widen the active global reach of all data services upon the Focus Universal platform, enabling bi-directional communication, which was previously non-existent.

Focus Universal Inc. (NASDAQ:FCUV) is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G upon 5 disruptive platform technologies. The company has developed technologies to solve the major problems facing hardware design, hardware production, software design and network communication facing both industries today. These technologies combined have the potential to reduce costs, product development timelines and energy usage, while increasing range, speed, efficiency and security.

The preceding/following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and Skyline Corporate Communications Group, LLC, a financial partner of Benzinga. This article/video is a paid sponsorship by investor relations agency Skyline Corporate Communications Group, LLC, which is paid by Focus Universal (NASDAQ:FCUV) for providing investor relations and corporate communications services relating to the Company’s securities. Please see Skyline's 17(b) Disclaimer and Disclosure Statement here: https://skylineccg.com/disclosures/. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. The content that follows is for informational purposes only and not intended to be investing advice.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.