Qualcomm (QCOM) made two significant announcements at the recent CES event: Enhance its Qualcomm Network IOT Connectivity Platform to allow network devices to simultaneously use Wi-FI, Bluetooth, CSRmesh connectivity and low-rate wireless personal area networks (LR-WPANs) or 802.15.4 and enhancements to its Wi-Fi Self Organizing Network (SON) solution for management of distributed wired and wireless networks. These announcements can have a significant impact on the Internet of Things (IoT) market. By consolidating and simplifying the managements of diverse and complex technologies and devices, these platforms open opportunities for developers and partners to build new solutions that deliver seamless connectivity for IoT devices and a consistent experience to the users.
Simplicity and consistency of connectivity addresses the fundamental challenge of IoT solutions and creates real value proposition for an IoT platform. Qualcomm is one of the largest suppliers of chips that enable phones to communicate with cell networks. In recent years Qualcomm, has moved to diversify its business to automotive, Internet of Things (IoT) and Connected Devices markets – acquisition of NXP for $47 billion in 2016. By extending and further opening its platform, Qualcomm can attract developers and OEMs to its platform thus creating a “network effect” and expand its addressable market.
With proliferation of diverse connected devices and increased complexity of networks, the need for a platform that centralizes and simplifies development and management across IoT devices, IoT Hubs, and network gateways is growing. If Qualcomm can deliver on its promise of simplicity and cost cutting by introducing it IOT Connectivity Platform, it will position itself in a place of strength in the IoT market.