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We expect the company to leverage its relationship with Hydrofarm to penetrate the horticulture market further, which has annual sales of more than $10 billion. horticultural distributor, with a roughly 50% market share. The company is currently selling niche products to customers in the horticulture industry through Hydrofarm, the largest U.S. We expect Focus Universal to ramp up production of these devices next year, which should accelerate revenue growth. In our view, the Ubiquitor is well positioned to become the industry standard as the efficiency of IoT networks improves.
Argus monitor full grown portable#
The portable version of the platform, accessible through a universal handheld device called a Ubiquitor, uses a smartphone to coordinate the control of different devices. USIP uses a computer or mobile device as a display and control, and communicates with sensors, instruments, probes, or controllers manufactured by different vendors without requiring the user to understand their unique characteristics.
Argus monitor full grown software#
USIP integrates cloud technology, wired and wireless communications, software programming, instrumentation, artificial intelligence, and sensor networks into a single platform that makes circuit design faster and cheaper than it is when end users build network components from scratch. It helps product developers to lower costs, shorten design and development cycles, and reduce natural resource consumption.
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The company's Universal Smart Instrumentation Platform (USIP) is designed to address these interoperability challenges and to facilitate the sharing of data among devices. IoT functionality may also be slowed by interference from radio signals and radiation. The growth of IoT has been limited by interoperability challenges among devices with different technical specifications and functional capabilities. In our view, the market could double over the remainder of the decade. Gartner recently estimated that more than 20 billion IoT devices were in use globally at the end of 2020, and MarketsAndMarkets expects the overall IoT market to reach $561 billion by 2022. The company's technologies are designed to improve the functionality and efficiency of the Internet of Things (IoT), the network created by billions of internet-compatible devices. User Interface Machine Auto Generation Platform (UIMAD), which provides a cross-platform middle layer between programing languages and designated application software.ĥG++ (Ultra Narrowband Wireless Communication), which expands 5G coverage, reduces energy consumption, and provides substantial cost savings over existing 5G technologies.ĭoC (Device-on-a-Chip), which leverages the company's USIP technology in a single DoC chip able to carry out all device functions. Ultra Narrowband Power Line Communication, which enables the transmission of data among IoT devices over an existing power grid. Universal Smart Instrumentation Platform (USIP), which provides a common hardware and software foundation for the electronic design and production of IoT applications. We expect this listing to boost investor interest in the company and facilitate access to additional outside capital.īased on our valuation analysis, we arrive at a fair value estimate for FCUV of $15 per share, well above current levels near $8. It is also preparing to enter the smart home market.įocus Universal recently raised more than $11 million through an equity offering and uplisted its stock on the Nasdaq. It also helps product developers to lower costs, shorten design and development cycles, and reduce natural resource consumption. The company's Universal Smart Instrumentation Platform addresses these interoperability challenges and facilitates the sharing of up to 90% of common software and hardware among devices. Argus Research logo (PRNewsfoto/Argus Research)Ĭlick Here to view full Argus Equity Research Report.ĬOMPANY HIGHLIGHTS: Excerpts (as conveyed by Argus Analyst Steve Silver) include:įocus Universal: Connecting the Internet of Thingsįocus Universal's technologies were created to simplify the design and production process for the Internet of Things (IoT) industry, the network created by billions of internet-compatible devices.