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Renesas dives into the Internet of Things fray with its Synergy platform
by Dean Takahashi - Venture Beat, Jun. 15, 2015 –
Renesas Electronics is launching a platform to accelerate the development of low-cost Internet of Things applications.
The Renesas Synergy platform is one more example of a big electronics company -- in this case, a Japanese chip maker -- creating its own platform that enables hardware, software, and services that deliver the Internet of Things (IoT), which makes everyday objects smarter and connected to the Internet. In this crowded market, rivals include everyone from Intel to Qualcomm. They?re all chasing an expected $1.7 trillion IoT market by 2020, according to market researcher IDC.
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