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Olea Introduces New Licensing Options to Facilitate IoT Development

January 21, 2020 / Eric Weiss

Olea Sensor Networks is hoping to attract new customers through the introduction of new licensing models for companies interested in its IoT IP portfolio. The company’s sensor technology is already being widely used in drones, vehicles, and industrial robotics, but Olea is hoping that the new licensing options will make the technology more accessible to other partners. On that front, Olea believes that its technology will be particularly appealing to the manufacturers of IoT products. The company’s sensor solutions can be deployed for a variety of different applications, and should lower costs while reducing the amount of time needed to develop and launch new IoT devices.