HANOI, Vietnam, Oct. 21, 2022 (GLOBE NEWSWIRE) — Bkav Hardware Solution – BHS (a member of Vietnam-based Bkav Corporation) and Excelpoint Systems (Pte) Ltd. (a Singapore-based electronic components distributor) have signed a strategic collaboration agreement for the production and commercialization of AIoT platforms based on the chipsets of Nasdaq-listed technology innovator Qualcomm.
Today people live in the age of the Industrial Revolution 4.0. AIoT devices such as AI cameras supporting traffic surveillance, rangers, border control and robots controlling machines will proliferate. In the near future the world will need billions of such devices, they will gradually replace some banal work of man. According to a report by ResearchAndMarkets.com, the global AIoT market will reach $83.6 billion by 2027 and will grow at a compound growth rate of 39.1% per year. However, it is not easy to create a large number of AIoT devices at once, not many technology companies can produce them in complete stages from hardware to software. You need ready-made platforms and development kits to develop end products.
Representatives from Qualcomm, Bkav and Excelpoint
This three-way partnership between Qualcomm, Excelpoint and Bkav creates a complete ecosystem for AI applications and helps millions of companies to easily build AI applications and end products and make the AI dream a reality.
As part of this collaboration, Qualcomm is providing the chipsets, and Excelpoint is committed to driving the business through its strong distribution networks. Bkav plays the role of a supplier of hardware, AIoT and AI platforms like AI Camera, AI Box, AIoT SoM, KIT…
Mr. Nguyen Tu Quang, CEO and Chairman of Bkav Corporation said: “With the participation of major companies such as Qualcomm and Excelpoint, Bkav will drive the development of the foundation for the AIoT ecosystem to achieve Industrial Revolution 4.0 and help transform the world.”
Mr. Albert Phuay, CEO of Excelpoint, mentioned: “We are honored to be a part of it…
