China’s well-known mobile messaging app WeChat is showing increased interest in the Internet of Thing (IoT) with its open hardware platform.
Sourced through Scoop.it from: www.pymnts.com
China’s well-known mobile messaging app WeChat is showing increased interest in the Internet of Things (IoT) with its open hardware platform. WeChat began working on the platform in July 2014, allowing hardware manufacturers to create accounts and promote their own ideas for advanced connectivity among “smart” devices and development, South China Morning Post reported yesterday (Aug. 27). The platform can later be used to launch their products. According to WeChat, the platform boasts more than 2,400 registered accounts, focusing on fields including: air-conditioning systems, toys, routing, smart homes, television, top-up systems, health care and wearables. Free use of the public platform has been granted to manufacturers of intelligent hardware, as well as the hundreds of millions of WeChat users, as the app aims to move toward the establishment of a true IoT ecosystem.
As of March, the Tencent-owned mobile app reached a milestone by securing 500 million monthly active users (MAUs) at the end of 2014’s fourth quarter. That figure is a spike from the 355 million MAUs recorded at the same time the year prior, and an increase from the 468 million recorded in Q3 2014. WeChat’s growing user base combined with the potential for revenue increases that come with IoT investments may see the company’s hardware platform paying off.