Focus Universal Launches Universal Smart IoT Platform to Revolutionize Industry Development

Focus Universal Inc. (NASDAQ: FCUV) has launched the Universal Smart IoT App in both Apple's app store and Google Play's app store, marking a significant advancement in Internet of Things technology accessibility. The IoT market, valued at $540 billion in 2022 and projected to grow to $3.3 trillion by 2030 with a 26.1% CAGR, has faced substantial adoption barriers due to high development costs and technical complexity. Industry surveys reveal alarming failure rates, with Cisco Systems reporting 75% of IoT projects failing and Microsoft finding 30% failing at the proof-of-concept stage.

The company's Universal Smart IoT platform addresses these challenges through a revolutionary approach that provides a pre-built common foundation for IoT development. Unlike traditional systems requiring custom designs for each device, Focus Universal's platform enables different IoT devices to share approximately 90% of the same hardware and software. This shared infrastructure substantially reduces development costs and complexity while accelerating time-to-market for IoT solutions. The Universal Smart Software Platform further enhances this ecosystem by eliminating the need for multiple device-specific applications, allowing engineers to support all IoT products through a single platform without performance compromises.

One of the company's flagship products, the Ubiquitor, demonstrates this efficiency by connecting to any sensor without theoretical limits. As more sensors are added, the average cost per sensor becomes negligible, approaching the cost of sensors alone. When combined with the universal platform, total development costs represent a fraction of conventional approaches, offering substantial savings in both materials and engineering time. The platform enables true interoperability across devices, requiring no hardware or software changes when switching between different sensors.

Simultaneously, Focus Universal has developed AI-driven SEC financial reporting software that automates the traditionally complex, costly, and time-consuming compliance process. The Financial Reporting Software Market, valued at $13.9 billion in 2022 and projected to reach $36.6 billion by 2030 with a 12.8% CAGR, faces increasing complexity and compliance costs. Focus Universal's solution transforms what typically takes weeks of manual work into minutes through fully automated, end-to-end processing. The software retrieves financial statements from accounting platforms, reformats data into spreadsheets, generates consolidated financials, populates SEC filings, converts documents to SEC-compliant versions via EDGARization, and embeds accurate HTML tags with minimal manual input.

The company's EDGARization technology represents a particular breakthrough, processing hundred-page SEC financial reports in seconds compared to the traditional rate of ten pages per hour. Built-in validation features, including self-consistency and compliance checks, ensure accuracy while eliminating human error. Focus Universal is currently partnering with industry leaders for real-time testing of this technology, which maintains the SEC-required review process while removing labor-intensive manual work. The Universal Smart IoT App is available for installation by searching 'FCUV' in the Apple App Store at https://apps.apple.com or Google Play Store at https://play.google.com, supporting both iOS and Android platforms.