Skyhook has launched Precision Location for IoT, a solution for integrating precision location into connected devices, the company said.
According to McKinsey Global Institute, the total IoT market will be between USD3.9 trillion and USD11.1 trillion by 2025. Organizations have had difficulty integrating location services into IoT devices due to memory, power and bandwidth limitations of their small form-factor.
Precision Location for IoT allows compact client source code to be compiled into the firmware of devices and can provide location directly to the device. Precision Location for IoT provides location using many signal sources, but can also provide location to devices based on wi-fi.
Skyhook is an independent location platform that powers location requests and location-based context requests from business sectors including mobile device management, digital rights management and device recovery. Skyhook is a wholly owned subsidiary of Liberty Broadband Corporation.