Focus Universal Inc. (Nasdaq: FCUV) has announced that its Universal Smart Device and associated sensors have successfully completed certification by accredited laboratories GRG Metrology & Test Group Co., Ltd. and Centre Testing International Group Co., Ltd. This certification, achieved in Asia, covers the pH sensor, total dissolved solids (TDS) sensor, oxidation-reduction potential (ORP) sensor, total dissolved oxygen sensor, and turbidity sensors. The certificates and reports issued by these laboratories carry international credibility, which is expected to facilitate the company's expansion into both local and global markets.
This milestone addresses a significant challenge in the Internet of Things (IoT) industry. Despite IoT's potential to transform various sectors, widespread adoption has been hindered by high research and development costs, technical complexity, and prolonged development cycles. Focus Universal's Universal Smart IoT platform aims to mitigate these issues by providing a common foundation that can eliminate up to 90% of the hardware and software development typically required for customized IoT systems. This approach simplifies the deployment process, making IoT as straightforward and cost-effective as traditional standalone devices while delivering full IoT capabilities.
The certification process is a critical step for Focus Universal as it moves from technology development to commercial deployment. Dr. Desheng Wang, CEO of Focus Universal, emphasized the importance of this achievement: "The completion of the certification process is therefore a significant step forward. It removes a key commercialization barrier and allows us to move from technology development toward broader domestic and international market deployment. Obtaining the required certifications for our Universal Smart IoT devices and industrial sensors removes a major barrier to commercialization and enables us to market our products domestically and globally."
The timing is opportune, as the IoT market is poised for substantial growth. According to Statista, the number of IoT devices worldwide is expected to increase from 19.8 billion in 2025 to over 40.6 billion by 2034. The global IoT market, valued at USD 1.18 trillion in 2023, is projected to reach USD 2.65 trillion by 2030, reflecting a compound annual growth rate of 11.4% from 2024 to 2030. However, industry reports highlight high failure rates in IoT projects: Cisco reports a 75% failure rate, and Microsoft found that 30% of projects fail at the proof-of-concept stage. Focus Universal's technology addresses these challenges by offering up to 90% cost savings and simplifying deployment, which could accelerate IoT adoption globally.
Focus Universal's Universal Smart IoT platform has been in development for over 20 years, underscoring the complexity and rigor involved in creating a scalable and commercially viable solution. With this certification, the company is well-positioned to capitalize on the expanding IoT market and contribute to the realization of IoT's transformative potential.
