Qualcomm innovations drive IoT momentum

This milestone reflects the success of the company's strategy to work with customers who are category leaders and shows its ability to innovate and deliver the technologies and platforms that help them commercialise IoT products quickly and cost-effectively. For Qualcomm, IoT and security represent a $43 billion serviceable addressable opportunity in 2020. 

"The wireless and computing technologies that enabled the mobile revolution are fueling fast growth in connected devices, and as the IoT brings exciting change to virtually every industry you can think of, Qualcomm Technologies is present with the right innovations and products to help make that happen," said Mike Finley, senior vice president and president, Qualcomm North America and Australia, Qualcomm Technologies, Inc. "We are successfully scaling the business to serve hundreds, and ultimately thousands of new customers in the IoT, and with our deep technology portfolio we are well-positioned to help innovators everywhere participate in the IoT opportunity by building on the depth of our mobile technologies. With our customers we are bringing the benefits of the IoT to life by providing the connectivity, compute and security they need as a foundation." (RR)

Fibre2Fashion News Desk – India