QEOS aims to be billion-dollar company and IoT leader

  • CEO raising in addition budget, similarly acquisitions feasible
  • Aims to be chief in IoT market, supplying connectivity key 

QEOS aims to be billion-dollar company and IoT leaderDr Raymond Chin (%), chairman of Quantum Electro Opto Systems Sdn Bhd (QEOS) knows a issue or approximately networking, having taken the first Wireless Local Area Network (WLAN) business enterprise to a Nasdaq listing in the mid-1990s.
 
From the ones early days of the WLAN area, these days, Chin is worked up via what he sees as opportunities in a area called, the Internet of Things (IoT).
 
It is a area that both he and, Dr Gabriel Walter, chief executive officer (CEO) of QEOS, see extraordinary possibility in and in which they believe the organisation can come to be a leading participant.
 
A huge step towards taking this dominant position occurred currently whilst QEOS acquired the Intellectual Property (IP) belongings and expertise of Centric Technologies LLC.
 
As a end result, the optical power of the organisation has now been augmented by the wireline and wireless connectivity expertise of Centric and its CEO, Dr Joy Laskar.
 
Centric is considered to be among the leaders in unmarried chip millimeter-wave (MMW) complementary metallic-oxide-semiconductor (CMOS) for gigabit wireless answers. This includes its portfolio of subsequent generation 60GHz 802.11ad Wi-Fi and cellular technologies, in addition to incorporated gigabit CMOS wireline technologies.
 
To Chin, while you strip away all of the fancy geek words related to both companies, at its most fundamental, the underlying center strengths of both corporations are their networking strengths.
 
“The availability of this high pace ubiquitous network along side services is important for the IoT,” he says.
 
The offerings he is referring to is in supplying clever video answers, a new market that QEOS has ventured in to that is forecasted to really worth US$42.eighty one billion by 2018 by means of studies firm MarketsandMarkets.
 
Specifically, QEOS affords high-speed optical-based totally Smart Surveillance and Intelligent Security solutions.
 
But why could a enterprise whose strengths lie within the networking area move downstream into the consumer marketplace? Because this is were the real value lies and, Chin points out, due to the fact other generation groups that very own a platform have also ventured down this path before.
 
He highlights Apple with its iTunes provider and Microsoft, which constructed its Microsoft Office suite on pinnacle of its Windows platform as examples.
 
“They are separate merchandise, yet tied together,” he says, in a lot the equal way QEOS now has its networking products and riding on it's miles its smart video provider.
 
QEOS aims to be billion-dollar company and IoT leaderBut what certainly excites both Chin and Walter (p.c) is their notion that by way of combining the two entities (QEOS and Centric), QEOS will enjoy both product and those synergy.
 
“It is that this intersection of new ideas a good way to flow while you prepare humans from younger entrepreneurial companies.
 
“They will take ideas and era in new guidelines that have no longer been concept of before that both corporation, on their personal, would no longer have been capable of conceive of,” notes Chin.
 
That is the extra price that Walter sees in addition to he declares his purpose to construct QEOS into 1000000000 dollar organisation, both via IPO or trade sale, this is to turn out to be one of the leaders in the IoT space.
 
In the midst of elevating similarly investment, Walter wishes the market to realize who they may be and to worry QEOS too.
 
“But in an amazing manner, inside the feel that we are very serious approximately building our capabilities in this IoT marketplace,” he announces.
 
With very excessive-pace connectivity being the spine of IoT, Walter believes the acquisition of Centric’s IP and talent places QEOS in a totally strong position to address certainly one of the largest weaknesses of the IoT, its connectivity bottleneck.
 
“We have now got an answer for all 3 connectivity areas and could make in addition acquisitions whilst the possibility arises,” he provides.
 
QEOS has been generating sales on the grounds that 2013 although Walter declined to provide a demonstration of ways lots it's far making.

Previous Instalment: QEOS leaps forward with US$40mil Silicon Valley acquisition
 
Related Stories:

QEOS brings its first breakthrough optical products to market

QEOS goals US$100m valuation via stop 2013

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Keyword(s) :
QEOS Gabriel Walter Centric Solutions Joy Laskar IoT Smart Video Connectivity IP Talent Raymond Chin
Author Name :
Karamjit Singh

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