HomeBusinessInternet of Things News – Avanci Expands 4G Coverage to Over 80 Car Brands
Internet of Things News – Avanci Expands 4G Coverage to Over 80 Car Brands
September 21, 2022
Avanci’s comprehensive licensing market now covers over 100 million Connected Vehicles on the roads of the world.
Avanci has announced that more than 100 million connected vehicles have been sold by more than 80 vehicle brands covered by the Avanci license, and expects an additional 30-40 million connected vehicles to be licensed next year.
Having licensed the majority of 2G, 3G and 4G patented cellular technologies to the majority of the connected vehicle market, Avanci is the well-established industry solution to licensing essential patents in the automotive field.
“We are very pleased with the massive adoption of our solutions across the telecom and automotive sectors.” said Qassem Al Falahi, founder and CEO of Avanci.
“This level of engagement underscores our long-standing commitment to delivering a simple, predictable and efficient IoT solution, which benefits the adoption of new technology. We look to making licensing simpler and more efficient for a wide range of businesses, as we explore new programs for the massive, critical and industrial IoT.”
“We are grateful to all participants in our automotive licensing program for joining our efforts to create a new way to license patents. Our work to date is a strong foundation for building our planned program for 5G connected vehicles,” Added Laurie Fitzgerald, Senior Vice President at Avanci.
Automakers participate in the Avanci licensing program for 4G Connected Vehicles Leveraging a license to all core patents for second, third, and fourth generation cellular networks to the 51 patent owners participating as licensors in the program today, as well as to the patent holders joining as licensors in the future. Many new brands can be found under license at avanci.com/marketplace.
Avanci transformed the way companies share technology by licensing intellectual property from dozens of different patent holders in a single transaction, at fixed rates, paid once for the life of the product. By simplifying the technology sharing process, Avanci provides IoT companies with an efficient and transparent way to access the wireless technology needed for connected products.