IoT solutions provider Haltian has unveiled a new innovation designed to redefine the way businesses manage and oversee their assets and inventory.
Known as the Haltian Inventory Tracking Solution (HITS), the asset-tracking system aims to improve efficiencies for industries ranging from warehousing and manufacturing to logistics, data centres, and even healthcare.
This revolutionary tracking system introduces a host of innovations designed to deliver real-time, pinpoint-accurate location data for assets in a wide array of sectors.
Haltian NANO Tag claims the title of the world’s smallest smart asset tag, with a size similar to a piece of chewing gum. The tag provides detailed information about the asset and its precise location within a range of 1-5 metres.
Data gathered by the smart tag is then seamlessly transmitted to Haltian’s advanced software which enables businesses to monitor asset movements in real-time, maintain constant awareness of critical merchandise locations, and streamline inventory management with minimal manual intervention.
One notable feature is the system’s scalability—capable of accommodating millions of assets, leveraging a self-healing, secure Wirepas Mesh network, and compatibility with any tag equipped with Wirepas connectivity.
Moreover, Haltian’s solution stands out for its remarkable cost-effectiveness. Leveraging innovative energy harvesting (EH) locator technology, it enables rapid wireless installation while yielding savings of up to 90 percent in installation costs.
Pasi Leipälä, CEO and co-founder of Haltian, emphasises the system’s broader implications:
“Our new asset tracking solution isn’t just technology; it’s a ticket to improved efficiency, transparency, and even enhanced patient care.
In the healthcare sector, for instance, our tags can be attached to hospital beds, wheelchairs, and medical equipment, simplifying asset retrieval and enhancing patient safety.
Furthermore, this system allows hospitals to monitor the maintenance cycle of their assets, prolonging their lifespan and reducing costs.”
The system has undergone successful pilot testing with major international corporations across various industries, garnering overwhelmingly positive feedback.
Youssef Kamel, SVP of Smart Tracking and Smart Building Business at Wirepas, comments:
“What is striking about Haltian is the excellence of their engineering teams which enables them to deliver a wide variety of use cases using a unified technology platform.
I am confident that Haltian Inventory Tracking Solution will be a game changer, and one of the highest performance, lower cost systems for enterprise asset tracking and logistics.”
The timing of this innovation couldn’t be better, as the demand for indoor location services is surging. According to a report, the market size is projected to reach a staggering $30 billion by 2028, compared to $10.9 billion in 2023.
Haltian’s HITS promises to meet the evolving demands of various companies across industries seeking efficient asset tracking and inventory management.
(Image Credit: Haltian)
See also: Ericsson, AWS, and Hitachi showcase manufacturing transformation
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