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Tim Kannegieter

Samsung invests US$1.2 billion in IOT

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Samsung Electronics has announced a strategy to invest US$1.2 billion in IOT research as it bring the technology to the "centre of its organisational strategy". It is calling for a more collaborate approach from the industry and a move to a more human-centred approach.

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I did a quick search for published patent applications by Samsung that mention "The Internet of Things".

The search returned 1,937 hits.

It's only a rough search, but it is clear that Samsung already have a commanding patent portfolio.

IoT patents will be influential in determining the success of IoT company's.

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