Focus Universal Inc. (Nasdaq: FCUV) 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. The certified products include the universal smart device, pH sensor, total dissolved solids (TDS) sensor, oxidation-reduction potential (ORP) sensor, total dissolved oxygen sensor, and turbidity sensors. These certifications, issued by laboratories with international credibility, are expected to facilitate the company's expansion into both local and global markets.
The Internet of Things (IoT) has long been hailed as a transformative technology, but its adoption has been hampered by high research and development costs, technical complexity, and lengthy development cycles. Focus Universal's Universal Smart IoT platform aims to address these challenges by providing a common foundation that can eliminate up to 90% of the hardware and software development typically required for custom IoT systems. The platform is designed to make IoT as simple and cost-effective as traditional standalone devices while delivering full IoT capabilities. Achieving this required over two decades of development to establish the platform and compatible industrial sensors, demonstrating the technology's practicality, scalability, and commercial viability.
“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,” said Dr. Desheng Wang, CEO of Focus Universal. The certifications are crucial for marketing the company's products worldwide.
The timing is notable given the projected growth of the IoT market. According to Statista, the number of IoT devices worldwide is expected to grow 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. Despite this growth potential, industry surveys reveal a high failure rate for IoT projects: Cisco reports a 75% failure rate, while Microsoft found that 30% of projects fail at the early proof-of-concept stage. Focus Universal's technology was developed to address these challenges, aiming to unlock the full potential of the IoT revolution and serve the global base of 19.8 billion IoT device users. By delivering up to 90% cost savings and unprecedented simplification of IoT deployment, the technology plays a decisive role in accelerating IoT adoption worldwide.
