Focus Universal Inc. (NASDAQ: FCUV) has announced the availability of four commercial IoT solutions for aquaculture, tequila and wine production, reverse osmosis, and hydroponics, all developed within one month using its Universal Smart IoT Platform. This development comes as the IoT industry faces significant challenges, with Cisco reporting approximately 75% of IoT projects fail and Microsoft finding 30% fail at the early proof-of-concept stage.
The company's platform addresses what it identifies as the core problem in IoT adoption: the customized nature of solutions requiring bespoke design built from scratch, leading to skyrocketing development costs. Traditional IoT development may require multiple years of R&D and multimillion-dollar investments for a single solution. In contrast, Focus Universal claims its platform allows companies to save millions of dollars in development costs and several years of engineering time when designing and deploying new IoT products.
According to the company, the Universal Smart IoT Platform provides a pre-built common foundation where different IoT devices can share roughly 90% of the same hardware and software. This approach substantially reduces development costs and complexity while accelerating time-to-market. The platform is complemented by the Ubiquitor, a universal multi-sensor smart device designed to replace single-function traditional devices. The Ubiquitor can connect to virtually any type of sensor, and as additional sensors are integrated, the average cost per sensor becomes negligible.
Focus Universal will showcase these technologies at CES 2026 in Las Vegas, where it will demonstrate a 100% complete IoT system integrating hundreds or thousands of industrial sensors across multiple locations. The company will host meetings at Booth 10371 in the North Hall Showcase of the Las Vegas Convention Center from January 6-9, 2026. During the event, the company plans to highlight capabilities including simple sensor management, efficient hardware utilization, reliable backup solutions, and sensor-dependent applications that dynamically change the user interface.
The company also developed a Universal Smart Software Platform that eliminates the need for multiple device-specific applications. Engineers no longer need to build separate apps for each IoT product, as the platform supports them all without sacrificing performance or functionality. This streamlined app development process can significantly cut costs and improve efficiency.
Beyond IoT, Focus Universal will unveil AI-driven SEC financial reporting software at CES 2026. The company claims its fully automated, end-to-end solution can complete what traditionally takes months of manual work in minutes. The software can retrieve financial statements from accounting platforms, reformat data, automatically generate consolidated financials, populate SEC filings, convert documents to SEC-compliant versions via EDGARization, and embed accurate tags into HTML files with limited manual input.
The market opportunity is substantial, with Statista reporting the number of IoT devices worldwide expected to grow from 19.8 billion in 2025 to more than 40.6 billion by 2034. The global IoT market, valued at USD 1.18 trillion in 2023, is projected to reach US $2.65 trillion by 2030. Similarly, the Financial Reporting Software Market was valued at US $13.9 billion in 2022 and is projected to grow to US $36.6 billion by 2030.
Focus Universal's approach represents a potential shift in IoT economics. The company invested more than 20 years of research and development and over $20 million into its platform. While this is substantial, spread across the global IoT device base, the average development cost per device becomes negligible. This could enable IoT customers to gain advanced capabilities without bearing prohibitive costs that have traditionally led to project failures.
