Avanci shares a commitment with the IoT ecosystem to make the latest standard wireless technology available in a way that is fair, reasonable and non-discriminatory (FRAND). This well-established industry principle ensures that those using the technology in their products have access at terms that are well-aligned with their needs, and those creating wireless technology receive a fair return on their investment.
Easy, uncomplicated possibilities.
Avanci is committed to streamlining the technology sharing process as much as possible. Our transparent, fixed price royalty model accommodates the wide-ranging uses of wireless technology in different IoT connected devices.
Royalties will vary from one type of device to the next based on the value the technology brings to the device, not its sales price. For example, the royalty will be different when the licensed product is a connected car that continuously provides a hotspot, navigation data, streaming entertainment, enhanced safety, warranty services, and remote performance monitoring, rather than a rental bike stand that only sends intermittent signals of bike availability.