Meta Pixel

News and Announcements

IoT Provider Thinxtra Announces New Partnership

  • Published April 06, 2017 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

IoT provider Thinxtra has announced a partnership with Hong Kong wireless technology company, Victory Concept, to develop IoT devices for Asia-Pacific enterprises to implement using the low-power-wide area (LPWA) Sigfox network.

Thinxtra recently announced plans to deploy a Sigfox network throughout Hong Kong by June. The devices will also be compatible with Sigfox networks in 32 countries worldwide.

“The Thinxtra network will offer companies and researchers in Hong Kong the chance to create new products and services based on IoT. We believe that Hong Kong has the potential to be a world-leading IoT design and manufacturing hub,” Thinxtra Asia MD Murray Hankinson said.

“With the skills and facilities to provide a reliable supply of high-quality, low-cost devices in Hong Kong, Victory Concept is helping us create the right conditions for IoT innovation to flourish here and spread around Asia Pacific and to the world.”

 

Internet of Things (IoT) is the next technological revolution impacting businesses and consumers by connecting billions of objects to the Internet.

While major telco operators are focusing on investing millions to increase bandwidth for smartphones, they are leaving aside an amazing potential in small message transmissions such as: Meter readings, GPS position, Temperature, Movement monitoring.

In the past, high costs, short battery lives and implementation complexity have blocked most IoT trials. Therefore, to unlock this market, Thinxtra will use the SIGFOX technology, world-leader and already deployed in Europe, to provide low power, long range and low-cost IoT solutions.

Request Offer

Capital Insights
Where’s the beef? Blackstone just answered the AI question.

In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]

Company Updates
The Best of Both Worlds: How Omnique Fund is Rewiring Real World Assets via Tokenisation

For decades, the playbook for Australia’s wholesale investors has remained relatively unchanged: pick between the slow-moving, illiquid reliability of tangible assets like property and gold, or chase the frictionless, high-velocity liquidity of public equity and digital markets. But as macroeconomic volatility spikes and a structural housing deficit reshapes private debt demand, sophisticated investors are demanding […]

Company Updates
Everything is now competing for the same dollar

Key takeaways As recently as 2022, Germany and Japan could borrow for 30 years at close to zero. That world is gone, and AI is now bidding for what is left. Over the past fortnight, I listened to founders, operators and allocators describe where their industries are heading. They covered four very different frontiers. Each […]

Join over 45,000+ sophisticated investors

Join Now