Avanci, a new wireless patent licensing platform, has been backed by Ericsson, Ericsson, ZTW and Interdigital to make the IoT ecosystem easier to navigate. Avanci permits IoT companies to pay a flat fee to access every wireless standard-essential patent owned by the companies, allowing technology makers to bring new products to the market more easily. 2G, 3G and 4G cellular technology will be licensed first, specifically for connected cars and smart meters, before being spread more widely. As connectivity becomes essential, companies will be able to decrease the time it takes to get to market and to develop the IoT.
Avanci, a new wireless patent licensing platform, has been backed by Ericsson, Qualcomm, ZTW and Interdigital to make the IoT ecosystem easier to navigate. Avanci permits IoT companies to pay a flat fee to access every wireless standard-essential patent owned by the companies, allowing technology makers to bring new products to the market more easily. 2G, 3G and 4G cellular technology will be licensed first, specifically for connected cars and smart meters, before being spread more widely. As connectivity becomes essential, companies will be able to decrease the time it takes to get to market and to develop the IoT.