INGDAN.com has hosted over 20,000 innovation projects, maintains a substantial client base along the IoT industry chain, and offers competitive integrated systems—such as its Smart Home Ecosystem with the Haier U+ platform and Unisound, and open AI platform, the Kelper System (K-System), launched in May 2017. The partnership with Samsung ARTIK™ will strengthen the abilities of INGDAN.com in providing turn-key AI systems for chips, software, cloud, and data services helping companies to upgrade or develop AI enabled products and services.
Mr. Jeffrey Kang, CEO of Cogobuy Group, said, "According to China's Ministry of Industry and Information Technology, machine-to-machine or 'M2M' connections in China have surpassed 100 million connections, while market output from core IoT industries has surged from RMB 170 billion in 2009 to RMB 930 billion in 2016, a CAGR of 25 percent.
According to the latest market research, 65 percent of enterprises are currently applying IoT technology enhancements to their products and services, and the number of IoT enabled devices is on track to reach 50 billion globally by 2020. Samsung ARTIK™ is one of the latest end-to-end integrated IoT platforms that unifies hardware, software, cloud, security, and partner ecosystems into a single, integrated offering.