HomeInternet of Things (IoT)Exosite launches IoT marketplace for industrial manufacturers

Exosite launches IoT marketplace for industrial manufacturers

The new offering aims to help firms solve challenges in IoT implementations

IoT company Exosite has launched a curated library of reusable IoT elements dubbed Exchange, including services, products and content.

The new offering mainly targets industrial manufacturers willing to solve common IoT challenges, the company said.

Exchange helps organizations implement a centralized approach to IoT development that focuses on standardization, reuse and collaboration to reduce costs and avoid duplicated efforts. Exosite also said that Exchange will allow organizations to reduce development costs by 50% and accelerate time-to-market by 30%

Exosite’s Exchange claims to be the first marketplace to offer pre-integrated elements specifically tailored to the needs of industrial manufacturers.

Exchange provide design patterns, pre-built applications, integrations and templates for secure IoT development. The company explained that the new offering allows users to design and share elements within a private version of Exchange to help internal resources quickly develop their applications using pre-approved brand standards, security requirements and communication protocols.

“Exchange is a new breed of marketplace that not only provides elements that quickly address common IoT challenges, but also enables organizations to add their own elements for things like developer best practices and brand standards,” said Mark Benson, CTO at Exosite.

Almost 600 Chinese cities already involved in smart city initiatives

In other IoT news, nearly 600 cities in China have already started or are expected to start smart city initiatives during 2017, Chinese press reported.

Currently, a total of 290 cities in China have initiated smart city pilot projects, and more than 300 cities have signed smart city construction agreements with local IT companies.

By the end of March, 95% of provincial capitals and 83% of prefecture-level cities, had unveiled smart city initiatives, according to the reports.

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