Qualcomm and Ericsson are among a group of tech companies to join a newly-established patent licensing clearinghouse called Avanci. It aims to make Internet of Things (IoT) integration easier for manufacturers and will initially focus its attention on smart metres and vehicles, though already has plans to expand into other sectors. Analysts predict that cellular connections between machines will grow to one globally within five years, highlighting the importance of a marketplace for IoT patent licensing solutions.
Qualcomm and Ericsson are among a group of tech companies to join a newly-established patent licensing clearinghouse called Avanci. It aims to make Internet of Things (IoT) integration easier for manufacturers and will initially focus its attention on smart metres and vehicles, though already has plans to expand into other sectors. Analysts predict that cellular connections between machines will grow to 733 million globally within five years, highlighting the importance of a marketplace for IoT patent licensing solutions.