Phase 1 execution proved that our innovative project is feasible and has a great commercial value. We have determined the commercial and technologicall feasibility and reached all the objectives defined in phase 1, as well as prapared objectives for phase 2 to mature our solution to TRL9 route to market.
Our objective is to offer next generation IoT tracking solution for a connected logistics to collect, analyse and visualise big data in a true real time, to provide an accurate and efficient analysis of large amounts of data from physical objects.
Our target group are mainly large/medium companies including:
(1) Manufacturers and production lines, Warehousing and logistics;
(2) Airports and airlines;
(3) Retail chains network;
(4) Health care sector;
(5) Utilities.
Our solution main benefits are:
(1) End-to-End assets Visibility;
(2) Serving global multiple locations,
(3) Reducing costs;
(4) Managing warehouse and supply chain efficiently;
(5) Identifying bottlenecks in the supply chain.
There is a big market and need for real-time IoT systmes. The connected logistics market size is expected to grow from USD 10.04 Billion in 2016 to USD 41.30 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.7%. RFID technology has gathered new momentum because of Industry 4.0.