Partnership will deliver solutions across a wide range of IoT solutions
Energous Corp. and InnoTractor recently announced a partnership to integrate wireless power solutions for real-time asset tracking across various industries witnessing significant Internet of Things (IoT) growth.
The partnership will allow InnoTractor, an IoT-based solutions provider for logistics and supply chain applications, to integrate and deploy Energous’ PowerBridge RF-based intelligent wireless power technology and Wiliot’s IoT Pixel tags. The combination will provide customers with a solution featuring lower costs, increased mobility and improved sustainability, according to the companies.
As IoT continues to grow, including in the asset tracking market, deploying cost-effective and reliable solutions is critical to cost optimization efforts among supply chains. A complex ecosystem, asset tracking infrastructure features multiple subsystems that interact with each other to identify items such as finished goods or raw materials, and to provide end users with real-time information on stock status.
Deploying complete asset tracking solutions requires extensive effort and collaboration from different parties, in particular system components suppliers and system integrators. Together, Energous will provide its wireless power technology and Wiliot IoT Pixel labels, which InnoTractor will then integrate into different asset tracking subsystems to deliver customized, wirelessly powered IoT solutions for logistics and supply chain customers.
“The asset tracking market is exploding alongside the growth of IoT, driving the need to provide Internet-connected asset tracker deployments with reliable and consistent power,” said Energous CEO Cesar Johnston. “Our partnership with InnoTractor expands our reach into the European market, enabling them to provide customized wireless power solutions to their end customers.”
InnoTractor implements digital technologies for a better world. The company uses IoT, blockchain, cloud and the latest wireless technologies to reduce emissions and waste, including wasted time, operational inefficiencies, loss of opportunity and wasted physical goods due to insufficiently controlled conditions during transport.
The company provides IoT-based solutions for logistics and supply chains to track assets like Returnable Transport Items (RTI), ownership and monitor goods and conditions, supporting customers from business needs to complete solutions over the solution’s lifetime. Additionally, InnoTractor’s solutions provide customers with actionable insights and control over their supply chain, monitor service level agreements and connect parties in the end-to-end supply chain. Wiliot products and services, such as its IoT Pixel tags, provide an essential part of the complete customer solution for asset detection and goods condition monitoring.
“This partnership is a tremendous example of system suppliers like Energous and Wiliot working with IoT platform providers and integrators like InnoTractor to develop solutions to solve one of the most pressing challenges in asset tracking: how to provide reliable power to IoT devices in large deployments,” InnoTractor CEO Frank Hermans, said. “We share with Energous a vision of enabling a new generation of IoT devices free from the burden of replaceable batteries and power cables and with lower costs, increased mobility and sustainability.”
The partnership will include Energous PowerBridges and Wiliot IoT Pixel tags by leveraging its inlay-assembly and tag-conversion partners. InnoTractor will provide its Gravity IoT platform, Orbitz trackers and gateways and its integration services in various operational environments, tailoring the implementation to the customer’s needs at competitive costs.