"Made in China" has become a global phenomenon. A foreigner once tried to avoid using products made in China, but found it nearly impossible. In the malls around him, most of the tennis shoes and slippers were made in China. He couldn’t even go barefoot without them. On birthdays, he couldn’t buy candles unless they were Chinese-made. Even children’s toys were mostly from China. His kids didn’t mind playing with Chinese toys—they didn’t feel like they were in jail. Eventually, this experimenter wrote a book, concluding that the world is being made in China, and life would be very awkward without it.
As a major manufacturing country, China has become the global manufacturing hub. However, this model is still basic and needs urgent upgrading. Most of the goods produced in China are low-value items. The country must shift from traditional manufacturing to smart manufacturing. In short, "Made in China" must evolve into "Smart Made in China." At the same time, overseas markets don’t want just outdated production capacity; they also seek advanced technologies and high-quality products.
The Internet of Things (IoT) and artificial intelligence are now the next big trends in both the internet and industry. The integration of online and offline systems often creates surprising innovations. According to statistics, China's logistics industry delivers 300 billion packages annually. In 2016, mobile payments exceeded RMB 208 trillion. Additionally, online shopping, shared bikes, mobile payments, and high-speed rail were recognized as the four new great inventions of China, three of which are related to IoT and the internet. Adding AI and IoT capabilities to Chinese manufacturing offers a significant opportunity for its transformation.
Graffiti Intelligence, established only three years ago, has grown into a global IoT platform. It has become a stage for “Made in China†companies. In the past year, products built on Graffiti’s intelligent platform generated 10 billion in sales for customers. These sales came from over 3,000 products created by more than 2,000 partners, sold in 165 countries worldwide. Graffiti’s IoT platform helped these companies develop smart products.
Creating value for the industry often leads to high valuations and attracts venture capitalists. Over the past two years, Graffiti has received investments from Wu Yiming, one of Alibaba’s 18 Arhats, and the U.S. investment firm NEA. In the first half of 2017, it raised hundreds of millions in Series B funding from top investors like CICC Silicon Valley Fund, Dongfang Fuhai, NEA, and Quadrille Capital. Graffiti’s business model has become a benchmark in the IoT sector and even a reference for industry financing.
On October 26th, the Global Intelligence Summit in Shenzhen attracted thousands of global guests. Many were drawn to “Graffiti Intelligence.†With so many visitors, the vice president of Graffiti, Ningdan, had to ask attendees to sit on the floor. She later posted on her social media: “The ToB market hasn’t seen this kind of energy in a long time. The scene was like returning to the hottest days of 2014.â€
Graffiti didn’t expect to become the “star†of the summit, but this moment perfectly illustrated the current popularity of the IoT industry.
The IoT industry is vast and complex. From an industry perspective, medical devices and autonomous driving are currently hot areas. Companies like Baidu and Alibaba are investing heavily in self-driving cars. Smart home appliances range from balance scooters to drones, from robot vacuum cleaners to smart access control systems. Xiaomi’s ecosystem is described as “a dazzling array,†similar to JD.com’s digital channels.
The battle in the IoT space: is the spark still on one side?
The IoT industry is huge, with detailed divisions of labor. App developers work alongside telecom operators like China Mobile and Unicom. IoT devices often require network equipment, computer systems, or mobile phone components, requiring suppliers. Moreover, IoT relies on various devices such as terminal chips, sensors, and data acquisition tools. These companies are not hesitant to invest heavily in IoT.
In 2017, there were many investment cases in the IoT field. Teamsun Tiancheng invested nearly 8% in Telink Microelectronics, an IoT chip company, through its IoT fund, spending RMB 1.8 billion. Baidu’s Apollo plans to invest RMB 100 billion over the next three years. Xiaomi’s ecosystem has invested in 55 startups, describing it as seeding. In many IoT projects, models differ significantly.
1. Self-operated Model
This model is typical of Xiaomi in China and Apple abroad. Xiaomi uses smartphones and home appliances to build brand recognition and cost-effectiveness, then invites users to join its smart home ecosystem. It also invests in 55 companies, turning them into part of its ecosystem and becoming a leader in hundreds of smart products. Apple, on the other hand, provides software to manufacturers who supply data, while hardware design is done by the manufacturers themselves.
2. Customized Model
Teamsun’s acquisition of an IoT chip company is a classic example of a city attack. As a B2B IT service provider, Teamsun serves corporate clients in vertical industries. Its market expansion is based on existing customers, but limited product categories can restrict profitability and growth speed.
3. Traditional Contracting Model
Some cloud companies offer project contracting, where software, hardware, and cloud services are tailored for different clients. This allows manufacturers to customize smart products more freely. However, OEM software orders are difficult to manage due to brand preferences. Software OEMs cannot directly attach apps to hardware, leading to lengthy code modifications and app uploads. This model requires careful attention to development cycles and post-delivery upgrades.
4. Platform Model
Graffiti’s IoT model is a platform-based approach, where the platform hosts enterprises. It acts as the spark, allowing companies to quickly launch their own apps through simple operations. Thousands of enterprises joining the platform enable rapid development of AI-powered smart products. Unlike customization, the platform model has enormous market potential.
The platform model represents deeper industrial division. Graffiti focuses on AI and platforms, while companies focus on their fields. The platform combines AI with enterprise strengths, increasing enterprise value and boosting the platform’s P/E ratio. While customized models may have good returns, they lack the scale effect of platforms and overall P/E ratios are not ideal.
Looking back at the history of IT development, openness and platform ideas have driven several major changes in the IT and internet industries. For example, the Wintel open platform built by Microsoft and Intel enabled multiple hardware and software companies. Google’s Android system, in collaboration with ARM, successfully replicated the success of Wintel in the mobile internet era. Believing that the platform model will ignite the next wave of transformation in the IoT industry.
WiFi 5 Ceiling Wireless AP
Wireless Access Point (AP) is a new type of wireless network device, it is a network device based on Wi-Fi technology, can convert a wired network into a wireless network, so that you can easily access the network at home, office or public places. The feature of wireless ceilinged AP is that it uses ceilinged design, can be suspended on the wall top or ceiling, and can transmit the signal to a wider range, so that users can have more space in the same building.
Second, the advantages of wireless ceiling AP
1, the advantage of wireless ceiling AP is that it can better meet the requirements of various environments, can better meet the requirements of indoor space, can better meet the requirements of outdoor space, and can better meet the multi-level coverage area.
2, wireless ceiling AP can better meet the requirements of more network users, because it can better support multiple users, and can meet the connection of a variety of network devices, such as can support the connection of computers, smart phones, tablets and other devices.
3, wireless ceiling AP can better meet a variety of network security needs, because it can provide a variety of network security functions, including encrypted transmission, network isolation, access control, content filtering, authentication and other functions, can better protect network security.
Third, the application of wireless ceiling AP
Wireless ceiling AP can be widely used in homes, offices, companies, schools, hotels, restaurants, public places and other places to meet the network needs of different places.
1, Family: Wireless ceiling AP can better meet the network needs of the family, can make the family network coverage larger, family members can more convenient access to the network at home, more secure access to the network.
2, office: Wireless ceiling AP can meet the network needs of the office, can better meet the network needs of multiple users inside the office, can better meet the network needs of multiple users outside the office, can better support the office security network needs.
3, the company: wireless ceiling AP can better meet the company's network needs, can better meet the company's internal network needs of multiple users, can better support the company's security network needs, can better meet the company's external user network needs.
Fourth, the use of wireless ceiling AP
The installation of wireless ceiling AP is very simple, only need to install it on the wall top or ceiling, and then connect it to the network interface, and finally use its configuration software to complete the installation and setup, the use of wireless ceiling AP is very convenient, as long as the network function is enabled, you can allow multiple users to easily access the network in the same building.
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Shenzhen MovingComm Technology Co., Ltd. , https://www.movingcommtech.com