Partnering opportunity

A Korean software company expert in IoT (Internet of Things) device and back-end services offers geo-locating solution in an indoor environment under a commercial agreement with technical assistance and license agreement

Summary

A Korean software company with its real-time location engine software algorithm offers indoor location solution which is typically used for employee safety, asset tracking and monitoring, security, access control, flow management and process efficiency. The company is looking for: 1) customers in global market who need positioning system to be applied to their own business under a license agreement 2) business partners who will work under a commercial agreement with technical assistance.

Partner sought

- Type of partner sought: company, R&D organization, etc - Specific area of activity of the partner : IoT, smart factory, Industry 4.0 - Task to be performed : Technology cooperation, installation and maintenance of the product, provide training/education to the users

Description

Since its establishment in 2013, the Korean software company has been specialized in the area of industrial IoT, healthcare IoT, and building IoT. It has more than 30 clients from Korea and overseas countries. The company holds the largest market share in Korea for turn-by-turn navigation in terms of both the indoor location and navigation on devices (on a smartphone or tablet). Customers range from large hospitals and duty-free shops to sports stadiums and conference centres. Their solutions are also on sale in the European market. Recently, the company established branch office in Zurich, Switzerland. As a software vendor, they provide SaaS (Software as a Service) or on-premise software platform computing large amount of data which are collected through particular devices (scanners) and securely transported by existing networks infrastructure (LAN, Wifi, LTE) to reduce deployment costs. Their mission is to offer state-of-the-art indoor LBS (location-based services) solutions and RTLS (Real Time Location System) solutions to ensure customers’ needs are met. These solutions are enabled through BLE (Bluetooth Low Energy) technology and LPWA (low power wide area) technology indoors and outdoors respectively. The company also provides customers with insightful experiences using machine learning and artificial intelligence technologies which utilize geolocation and other sensor data. The company’s solution aims at geolocating in real time mobile “things”(people or objects) primarily in an indoor environment with an accuracy of 1 to 2 meters. They have core technology based on real-time location engine software algorithm. It is applied to mobile bluetooth low energy (BLE) tags in an indoor space. The company’s Indoor RTLS (real time location system) SW (software) platform provides two types of service models depending on how the beacon is used. Smartphone based solution is for users who have BLE 4.0 capable smartphone and the main feature users can experience is indoor navigation with the map. Smartphones receive BLE signal from beacons attached to fixed locations and it calculates its location by the company’s advanced positioning algorithm. The solution also provides such features like geo-fencing (virtual perimeter for a real-world geographic area), event push and campaign manager. Geo-fencing is one feature that requires high dimension of accuracy. A beacon scanner model is for tracking of beacon tags. Beacon tags can be attached to people in a form of wearable and things where back-end server calculates locations of those tags by received BLE signal from beacon tags via beacon scanners. As beacon tags have reasonable price and are easy to tag and to carry, a number of useful scenarios such as asset location management, safety management and more issue resolving scenarios can be implemented effectively. The company is looking for 1) customers in global market who need positioning system to be applied to their own business under a license agreement and 2) business partners who will work under a commercial agreement with technical assistance.

Advantages and innovations

Realtime geolocation based on BLE (Bluetooth Low Energy) technology offers many innovative features. The innovation comes from the combination of: • an accurate and field-proven geolocation engine, • strong know how of deployment of the technology in industrial and sometime hostile environment (humidity, temperature, metallic structure, …), • use of particular hardware devices (scanners) to collect the BLE signals from any commercially available Beacon Tag and transmit reliably aggregated data through existing network infrastructure (i.e. Wi-Fi Access Points) with capability to recover some network failures, • one single software platform sharing data with multiple applications that can be either off-the-shelves or developed specifically by partners or end-customers. The technology is either • cost effective versus other technology like Active RFID(Radio Frequency Identification) based RTLS(Real Time Location and Smart Sensor Solution) • easy to deploy and to fine-tune (hours versus weeks) versus more complex technology • field-proven with strong experienced gathered by the delivery of large projects in different industry segments (manufacturing, healthcare, data centers, construction, services) • rapidity of deployment (Plug and play) • robustness to address industrial requirements

Development stage

Already on the market

Intellectual Property Rights (IPR)

Patents granted


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