The equity injection is aimed to increase and accelerate the global adoption of AMI's IIoT solutions for industrial systems and equipment manufacturers.

The Internet of Things (IoT) describes the growing trend in which a wide range of objects—sensors, switches, video cameras, tools, thermostats, lights, microphones, speakers, etc.—are given unique identifiers and the ability to communicate with each other over a network without requiring human intervention.

What are the real world benefits of IoT connectivity for 20 Industrial OEMs?

This new LonTalk/IP standard adds native IP addressing to the international standard ISO/IEC 14908-1 Control Networking Protocol .