Samsung is talking up its new Artik platform for IoT developers, saying it will enable simpler, faster development of new applications.

The Korean vendor, which is betting that IoT will become a major revenue opportunity as it struggles with declining smartphone sales, argued the new platform’s strengths include openness, security and versatility.

The new platform certainly appears flexible. Samsung said it is suitable for wearables, as well as home automation, smart lighting and industrial applications.

“We are providing the industry’s most advanced, open and secure platform for developing IoT products”, said Young Sohn, president and chief strategy officer, Samsung.

The initial product range includes Artik 1, which Samsung claims is the smallest IoT module available in the industry at 12mm by 12 mm. It boasts Bluetooth/BLE connectivity. It is designed for low-power, small-form factor IoT applications.

Next up is Artik 5, which is designed for home hubs, drones and high-end wearables and incorporates a 1 GHz dual-core processor and onboard DRAM and flash memory.

Then there is Artik 10, a more advanced module with an eight-core processor, full 1080p video decoding/encoding, 5.1 audio and 2GB DRAM, along with 16 GB flash memory. Connectivity includes WiFi, Bluetooth/BLE and Zigbee. It is designed for use with home servers, media and industrial applications.