NetworkNewsBreaks – SPYR Technologies’ (SPYR)
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Posted On: 07/11/2022 4:22:25 PM
NetworkNewsBreaks – SPYR Technologies’ (SPYR) GeoTraq Targeting Niche Market with Innovative LBS Solutions
SPYR’s (OTCQB: SPYR) second subsidiary and mobile internet of things (“IoT”) technology company, GeoTraq Inc., designs and develops self-contained, fully integrated, mobile IoT modules targeting a less crowded but fundamental niche. This niche is one that the major players largely ignore as they target the complex and costlier needs of higher-end segments of the location-based services (“LBS”) market. “Having established that there is a big market for compact and low-power battery compatible LBS solutions, GeoTraq began developing mobile IoT modules packaged in a form factor so small that it fits almost anywhere, tapping into any available outside battery source or its own internal battery,” explains a recent article. “GeoTraq’s state-of-the-art engineering means modules that are plug-and-play and are capable of deployment in less than five minutes. In contrast, according to GeoTraq, the average high-end IoT deployment can take close to a year, requiring a handful of vendors as well as multiple complex components. GeoTraq’s plug-and-play attribute, coupled with their small form factor, makes the modules ideal for integrating into a variety of objects that a company may want to track, such as electric drills, mobile toilets, guns, and shipping containers, just to mention a few, adding easy and cost-effective intelligent asset tracking and remote monitoring capabilities.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
SPYR’s (OTCQB: SPYR) second subsidiary and mobile internet of things (“IoT”) technology company, GeoTraq Inc., designs and develops self-contained, fully integrated, mobile IoT modules targeting a less crowded but fundamental niche. This niche is one that the major players largely ignore as they target the complex and costlier needs of higher-end segments of the location-based services (“LBS”) market. “Having established that there is a big market for compact and low-power battery compatible LBS solutions, GeoTraq began developing mobile IoT modules packaged in a form factor so small that it fits almost anywhere, tapping into any available outside battery source or its own internal battery,” explains a recent article. “GeoTraq’s state-of-the-art engineering means modules that are plug-and-play and are capable of deployment in less than five minutes. In contrast, according to GeoTraq, the average high-end IoT deployment can take close to a year, requiring a handful of vendors as well as multiple complex components. GeoTraq’s plug-and-play attribute, coupled with their small form factor, makes the modules ideal for integrating into a variety of objects that a company may want to track, such as electric drills, mobile toilets, guns, and shipping containers, just to mention a few, adding easy and cost-effective intelligent asset tracking and remote monitoring capabilities.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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