Focus Universal Inc. (Nasdaq: FCUV) announced that its Universal Smart Device and associated sensors have completed certification by accredited laboratories GRG Metrology & Test Group Co., Ltd. and Centre Testing International Group Co., Ltd. The certification covers the universal smart device, pH sensor, total dissolved solids (TDS) sensor, oxidation-reduction potential (ORP) sensor, total dissolved oxygen sensor, and turbidity sensors. These certificates and reports, issued by internationally recognized laboratories, hold global credibility and are expected to facilitate the company's expansion in both local and international markets.
The Internet of Things (IoT) has long been heralded as a transformative technology, yet its widespread adoption has been hampered by high research and development costs, technical complexity, and lengthy development cycles. Focus Universal's Universal Smart IoT platform aims to address these challenges by providing a common foundation that can eliminate up to 90% of the hardware and software development typically required for custom IoT systems. This approach allows engineers to bypass the need to build IoT systems from scratch, simplifying the process and reducing costs.
Dr. Desheng Wang, CEO of Focus Universal, emphasized the significance of the certification, stating, "The completion of the certification process is therefore a significant step forward. It removes a key commercialization barrier and allows us to move from technology development toward broader domestic and international market deployment." This milestone enables the company to market its products both domestically and globally, overcoming a major hurdle in the path to commercialization.
The market potential for IoT is substantial. According to Statista, the number of IoT devices worldwide is expected to grow from 19.8 billion in 2025 to over 40.6 billion by 2034. The global IoT market, valued at USD 1.18 trillion in 2023, is projected to reach USD 2.65 trillion by 2030, reflecting a compound annual growth rate of 11.4% from 2024 to 2030. However, despite this growth, industry surveys indicate high failure rates: Cisco reports a 75% failure rate for IoT projects, and Microsoft found that 30% of projects fail at the proof-of-concept stage. Focus Universal's technology was specifically developed to tackle these issues, aiming to unlock the full potential of the IoT revolution and serve the growing base of IoT device users.
By delivering up to 90% cost savings and simplifying IoT deployment, Focus Universal's platform could play a decisive role in accelerating IoT adoption worldwide. The certification of its devices and sensors is a critical step in bringing this solution to market, providing the credibility needed to attract customers and partners globally.
Focus Universal Inc. is a provider of patented hardware and software design technologies for IoT and 5G. The company has developed five patented technology platforms, with 26 patents and patents pending, and eight trademarks pending. These technologies aim to reduce costs, development timelines, and energy usage while increasing range, speed, efficiency, and security. The company continues to expand into high-growth markets through its global subsidiaries, delivering sustainable business solutions to customers worldwide.
