Hannover Messe 2022: Real-Time Location Platform More Accurately Tracks Assets

Supply chain transparency is becoming increasingly important – and increasingly achievable – element of operations for consumers and investors alike. While location tracking is no longer a new idea, iterations of this technology are allowing for more and more accurate monitoring of assets. In this landscape, the Pozyx Platform claims to bring a new approach, and a host of new use cases, to the table.

A spinoff from Gent University in Belgium, tech group Pozyx launched its platform to gather real-time location data, offering supply chain visibility and actionable insights on workplace efficiency and inventory control. Using ultra wideband (UWB) technology – the same used by Apple for its AirTags – the device has an accuracy of almost 4 inches, giving it a more specific monitoring service than that provided by Wi-Fi or Bluetooth. 

“We’re bringing this same technology to professional industries, not just consumers,” said Samuel Van de Velde, founder and CEO. “By putting a tag on any moving item in a plant or logistics environment, we can track flows automatically and in real time.

“Currently the only thing you can do to monitor assets on the floor is to scan them,” he added. “With this tracking, however, you can control this remotely and dive into information to see why things are or are not happening.”

The platform is currently in deployment throughout sites in the U.S. and Europe, not only to aid manufacturing plants but also to track livestock in the agricultural industry. 

While showcasing at Hannover Messe 2022, Pozyx also released its latest product; a layer built on top of the location system that allows users to connect to it using Wi-Fi, GPS and Bluetooth, adapting the tool used depending on the user needs. In this new instance, Pozyx acts as a standardizing tool, gathering the data and making it accessible regardless of the technology, making it one of the first companies to standardize location data. 

The announcement speaks to a common theme in this year’s Hannover expo – interoperability. With supply chains and workflows being increasingly digitized, creating a common system to access and operate the data gathered is a necessity many are seeking to meet.