Actility, which has developed an IoT network based on LoRaWAN low powered wide area network technology, has partnered with Foxconn Technology Group (Foxconn) to deliver a comprehensive suite of IoT solutions to the Chinese market, starting in Q3 of 2016.
'By integrating Actility's '¦ ThingPark IoT platform and Foxconn's leading vertical information and communications technology solutions, ThingPark China will offer end-to-end IoT services from sensors and gateways to network management and SaaS solutions,' Actility said.
In addition to deploying ThingPark Wireless connectivity, network operations and data management, both as SaaS and on-premise"" services, ThingPark China will resell LPWA hardware. Actility has also hinted that the JV might expand beyond China, saying: 'ThingPark China will initially focus on delivering solutions to customers in China.'
Actility CEO, Mike Mulica, said China's IoT market was growing 30 percent a year and would contain a third of the world's 15 billion connected things in 2020. 'Foxconn is a company with world-class expertise on innovation at scale, as well as unrivaled market access to industrial and urban China,' he said. 'ThingPark China will serve the vast LPWA IoT markets across the country.""
Fang-Ming Lu, executive vice president of Foxconn, added: ""The synergies generated by bringing together Foxconn's design, manufacturing and technology capabilities and Actility's expertise in LPWA networking will enable us to capitalize on the immense opportunities presented in the IoT era.""