Internet of Things

A communications sensor and valve for the Internet of Things unveiled by SigFox during the MWC 2015 in Barcelona, Spain.
A communications sensor and valve for the Internet of Things unveiled by SigFox during the MWC 2015 in Barcelona, Spain.

 

Sigfox, which is receiving a lot of attention with the development of technology for the Internet of Things, will enter the Korean market.

“We will visit Korea next month and meet with mobile carriers to expand the Internet of Things,” said a Sigfox associate at the MWC 2015 on Mar. 3 (local time). 

Sigfox, which has been called the next Qualcomm, is drawing a lot of attention from telecommunications service providers worldwide with the creation of the Internet of Things. The French-based company is expected to penetrate the Korean market in partnership with local mobile carriers. 

Sigfox is one of the companies that are in the spotlight at this year's MWC. Last month, Telefonica, SK Telecom, and NTT DoCoMo were said to make an US$115 million (120 billion won) investment in the venture firm, which had a capital of only US$3 million (32 million won). 

The Internet of Things makes data transmission possible by connecting modems capable of communicating with 3G or LTE networks with many types of objects. On the other hand, Sigfox's technology enables objects to transmit essential data at a close distance through the connection of chipset-based communications models without base stations or relay equipment. Therefore, it can save the costs necessary to build separate networks and minimize power consumption as well. 

The Internet of Things is widely acknowledged to be used in many areas, including power control devices, television audience measurement equipment, and temperature and humidity control devices. The French company has already connected a distance of 2 million square meters worldwide with the Internet of Things. A total of 8 million terminals are reportedly utilizing Sigfox's method.

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