Advantech held the first IoT Joint Innovation Summit

Create Date: 2024-8-30 12:03:23|Source: Advantech/Advantech

Advantech, a global leader in the smart system market, hosted the inaugural Advantech IoT Joint Innovation Summit at the Suzhou International Expo Center in China. More than 5,000 Anhua Technology customers and partners from all over the world attended the summit. Together, they witnessed the launch of WISE-PaaS 3.0, the latest IoT platform architecture created by Advantech in collaboration with software and industry partners, and 32 IoT Solution Off-the-Shelf Packages (SRPs). The event itself will help integrate hardware and software across industries, connect and build a complete IIoT ecosystem and value chain, allowing Jentharum and its partners to officially enter the next IoT phase.


KC Liu, Chairman of Advantech, said that based on the diverse, extensive, and fragmented market characteristics of IoT applications, Advantech has assisted the industry in integrating and connecting existing hardware and software, and has made the creation of a complete industrial value chain a top priority for the development of the IoT industry. In line with this trend,AdvantechAdvantech launched the WISE-PaaS platform in 2014, and in more than two years, the platform was fully connected from top to bottom, including sensors, edge computing, communications, PaaS platforms, SRPs, cloud service operations and other services, creating a complete IoT supply chain.

Advantech IoT Co-creation Summit

Liu elaborated that the key to success for this chain to be fully executed and applications to the masses is full collaboration and integration between platform technology vendors and industry professionals to create a standardized and replicable SRP product, combined with hardware and software systems. System integrators should install SRP at the user's site and carry out follow-up maintenance to complete the on-site solution and form an industrial IoT supply chain. Advantech will advance this phase of the business model in a number of ways: the previous hardware will still be operated by the profit center. The WISE-PaaS software is the core of the core, but with the goal of sharing, it is run by the cost center on a membership model. For the cooperation of SRP software development and Domain-Focused Solution Integrator (DFSI) industry specialized companies, they will be carried out as joint creation or small investment joint ventures, respectively.


Allan Yang, CTO of Advantech, said that in the fragmented industry environment of the Internet of Things,AdvantechWith its solid foundation, Advantech has a very big advantage in the current industry development. In particular, as the WISE-PaaS IoT software platform becomes more complex and value-added, Advantech's place in the overall IoT ecosystem is well defined. With its advantageous platform and unified IoT cloud solution connecting computing energy providers, cloud service providers, SRPs, equipment users and manufacturers, building a complete industrial IoT supply chain and accelerating the integration of software and hardware in every industry, Advantech has prepared 32 IoT SRPs to co-create the IoT Summit for official launch.


Advantech's proficient cloud data processing and application development, combined with the expertise of our partners, creates a powerful combination of OT and IT that facilitates optimal data collection, management, and analysis.

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