Thank you Space Impulse for the interview to our CEO Julian Fernandez regarding how FOSSA Systems is revolutionising IoT from orbit and the growth the sector is experiencing. 🚀
🛰️ The Future of IoT is in Orbit: Insights from FOSSA Systems' CEO Julian Fernandez... Satellite-based IoT solutions are rapidly transforming how we connect the world, especially in remote areas. Space Impulse had an enlightening conversation with Julian Fernandez, CEO of FOSSA Systems, to discuss the current state and future prospects of this innovative industry. Key Highlights: 🔹Growing Market: "IoT is a big and growing market, we’re talking about over a billion dollars now, and it’s projected to hit 1.5 billion next year,” says Julian. 🔹Transformative Power: IoT revolutionizes operations across industries by deploying sensors on assets to improve production, better understand asset performance, increase revenue, or reduce costs. 🔹Challenges: Lack of standardization is a significant hurdle, but FOSSA leverages LoRa technology, an existing open standard with 260 million devices deployed, enhancing interoperability and scalability. 🔹FOSSA’s Contribution: Bridging the gap between technological innovation and customer-focused solutions, aiming for near real-time satellite IoT network latency. 🔹Collaboration: Emphasizing partnerships, such as a recent pilot with Microsoft, to expand reach and capabilities. 🔹Future Trends: The rise of Low Earth Orbit (LEO) satellites and the move towards direct-to-device technologies as the future of space connectivity. Read the full interview 👇 https://lnkd.in/edg4e-wZ #IoT #SatelliteTechnology #Innovation #TechTrends #Connectivity #FOSSASystems #JulianFernandez