Diy Network, the Chinese internet-connected hub network, has partnered with Chinese telecommunications company China Mobile to launch the internet-enabled IoT network in the country.
The network, which will be based in Shenzhen, will provide a unified data hub across multiple industries.
“We are creating an IoT network across all the industries of China, so it is like a unified internet for all industries,” Diy’s head of business development, Zhijie Liu, told investors during a call on Thursday.
“China Mobile’s network has the ability to handle IoT-related applications from IoT-connected devices to sensors and other devices, and will enable Diy to build the Internet for the IoT.
We believe that Diy can be a key player in the IoT ecosystem.”
The Diy network is designed to provide connectivity between companies in the industry and a unified, unified data repository, and can be used to create smart cities, according to the company.
“The Internet of things is changing the way we live and work in China,” Liu said during the call.
“The Diya network is a step in the right direction, but the market is not yet big enough to bring the IoT to scale.”
Diy’s plan is to leverage the China Mobile network to connect the internet into more industries, which the company says will be worth more than the original investment.
“In addition to being a global hub for internet access, Diy also has an IoT platform that connects different industries together, such as the automotive industry, healthcare, logistics and the hospitality sector,” Liu added.
The network will support several industries, including logistics, logistics, energy and the healthcare sector.
The Diy IoT network is expected to be completed by 2018.
Diya is also working with other Chinese internet giants to build a hub network in Singapore.
The two companies are also collaborating to launch a hub for digital media in Hong Kong.
Diyan is one of China’s biggest internet firms, according for its share of the country’s internet market.
Its internet infrastructure includes the Diy internet hub, which serves as the central hub for the Chinese web.
The company is also the official hub for China Mobile’s internet service, and is currently working to build more internet infrastructure in the Chinese city of Shanghai.
In the United States, Diya has a market value of $1.1 billion, according the research firm Gartner.
Diya also offers its own internet connectivity, though it’s not included in the Diya ecosystem.
“In China, there are so many IoT companies that rely on Diy and are looking to partner with Diy,” Gartners research analyst Anand Kumar said.
“They have to take the best of the internet ecosystem and build a smart city that integrates with the IoT.”