雲研物聯 Company was jointly established by the Institute for Information Industry (III) and Advantech, a leading industrial computer manufacturer. With equipment networking solutions as its initial target market, the company launched operation and maintenance (O&M) services for equipment networking solutions, targeting application scenarios characterized by dispersed equipment and widespread deployment. It serves users within the ecosystems of various vertical fields, such as equipment manufacturers, equipment leasing and maintenance service providers, and system integrators, in order to achieve its development vision of becoming a leading provider of O&M cloud platforms and solutions for industrial equipment networking in the Greater China region.

In January 2018 (the 107th year of the Republic), III joined hands with Advantech to jointly establish the "雲研物聯" seed company (with a capital of NT$10 million. Later, due to considerations of market changes and business models, as well as the difficulty of achieving short-term profitability, this was changed to a spin-in approach in 2019 (the 108th year of the Republic), with a total of 10 colleagues joining Advantech and establishing a new IoT Cloud Platform Department to develop the WISE-PaaS platform and solutions. Currently, nearly 100 people in the relevant departments are dedicated to related software research and development, and Advantech's software revenue has accounted for approximately 2% of the company's revenue, amounting to about NT$1.2 billion.