|[February 16, 2017]
Sigfox to Transform Global Asset Tracking with Spot'it, the World's Lowest Cost Internet of Things (IoT) GPS-free Geolocation Service
the world's leading provider of connectivity for the Internet of Things
(IoT), has announced a new "GPS-free" IoT geolocation service which
provides a highly economical way of tracking large numbers of assets
around the world.
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(Graphic: Business Wire)
Enabled by Sigfox's global network, now spanning 31 countries, Spot'it
is a new asset-tracking service which enables any existing Sigfox module
to become a geolocation device, without the need to perform retrofit or
hardware or software upgrades. The key service benefits include:
Lowest-cost IoT location service: Spot'it does not require any
additional hardware or upgrade, and the device does not have to
transmit more messages, meaning there is no impact on the solution
operating cost for customers.
Preserving low energy: Spot'it does not rely on energy
intensive GPS technology, nor require additional processing or any
more energy than what Sigfox-based devices already consume.
Enabled through a planetary network: Spot'it is embedded in
Sigfox's global network footprint and rpresents the first global IoT
geolocation offer. This allows the simplification of global supply
chain management: once a device is registered into the Sigfox Cloud,
the geolocation service is available in all territories where the
network is present.
Unlike traditional GPS-tracking, Spot'it works booth indoor and
Spot'it has been specifically designed to unlock tracking capabilities
for asset-intensive industries in markets such as supply chain and
logistics (tracking of pallets, containers,...), agriculture, retail,
construction. As Sigfox's communication modules are as
low as $2 and require very little energy consumption with batteries
lasting for up to two decades, the service makes it highly economical to
track any object.
Traditionally, companies have tracked their assets in transit by either
scanning at points of contact, or through GPS tracking. However,
scanning at points of contact is often prone to error and loss in
between touch points. Additionally, aside from the high cost of GPS
hardware, the energy intensive operation means there is a high
maintenance cost associated in continually replacing batteries. As such,
GPS tracking is reserved for tracking high value goods and is
uneconomical for tracking mass freight or assets.
Laetitia Jay, Sigfox CMO, said, "Spot'it is not only set to
transform the global freight industry, but we anticipate that new
services will be developed. Imagine a new service where shipping
companies can be alerted when containers stray into regions that they
aren't supposed to be in. From fraud detection to new insurance and
geo-marketing business models, the possibilities are endless."
Technical box: how Spot'it works?
Sigfox is rolling out the first global IoT network to listen to
billions of objects broadcasting data, without the need to establish and
maintain network connections. This unique approach in the world of
wireless connectivity, where there is no signaling overhead, a
compact and optimized protocol, and where objects are not attached to
the network, drastically reduces energy consumption and costs.
In addition, Sigfox is a software based communications solution,
where all the network and computing complexity is managed in the Cloud,
rather than on the devices. This enables Sigfox to constantly improve
its network capacities, and offer a wide range of new services that can
be made available to its worldwide fleet of connected devices, by simple
Spot'it is the first big data based Sigfox service, based on a Cloud
intelligence, combining the signal strength indicators and deep learning
programs. Resulting from two years of research and development, and
thanks to the devices meta data available in the Sigfox Cloud, this
development enables Sigfox to offer a geolocation service that does not
require any hardware or software upgrades, and has no impact on the
View source version on businesswire.com: http://www.businesswire.com/news/home/20170216005674/en/
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