| Home | Post an article | Search | View RDF |

  Big Blue taking wireless local
Internet Posted by on Thursday February 22, @01:31AM
from the dept.
The company recently signed a deal with software and map maker Webraska, adding the final pieces of content needed to start its onslaught into the wireless Location Based Services (LBS) market, a $20 billion industry that is the latest scorching-hot sector in the wireless arena.

LBS technology begins with a basic idea that with an embedded chip, anything or anyone can be located anytime. Companies are already using it, for example, to locate a car that needs service. Various forecasts say the LBS market will top $20 billion in 2005, and LBS will amount to 10 percent of the $1.8 trillion transactions made wirelessly.


<  |  >

 

  Related Links

The Fine Print: The following comments are owned by whoever posted them.
( Reply )