Panasonic opens up patent free-for-all to trigger IoT growth

Internet of Things
Internet of Things

Panasonic has made a big step towards spurring development in the Internet of Things (IoT) sector by making 50 patents royalty free.

The company wants to improve development in the area by making open source code easily available for its mature and tested device-to-cloud software technology, which is already used in home monitoring systems, solar energy and other retail applications.

Not the only step it's taking

Panasonic isn't the first company to start offering its patents up free of charge after Toyota made over 5,000 of its fuel cell patents available royalty free in January.

The company has been gathering pace when it comes to the IoT. Earlier this year at MWC 2015, Panasonic announced it would be launch its own MVNO (mobile virtual network operator) service to allow businesses devices to connect to the M2M (machine-to-machine) cloud.