Traxmate turns to LoRa to improve positioning
- October 7, 2024
- Steve Rogerson
Swedish asset tracking firm Traxmate is achieving AI-enhanced precise IoT positioning using Semtech’s location-aware LoRa Edge platform and low-power, wide-area network (LPWAN) connectivity.
California-based Semtech is collaborating with Traxmate, to offer seamless indoor and outdoor asset tracking. Combining Traxmate’s precise location and tracking services with Semtech’s low-power, location-aware LoRa Edge platform (www.semtech.com/products/wireless-rf/lora-edge), the hybrid service provides positioning, tracking and routing of IoT-connected assets.
According to Beecham Research, the IoT-supported asset tracking market is expected to account for over 90% of all connected enterprise and industrial options by 2030. With greater visibility and control over their logistics networks, businesses can reduce loss and theft by tracking high-value assets in real time. In the USA alone, the impact of cargo theft is estimated at over $30bn annually.
“Semtech’s LoRa Edge platform combines the strength of long-range connectivity with an ultra-low power GNSS resolver, making it the perfect complement to Traxmate’s AI-enhanced positioning services,” said Rikard Windh, COO at Traxmate. “Together, this enables unparalleled, real-time location accuracy in 2D and 3D to revolutionise asset management with enhanced accuracy and efficiency.”
Madhu Rayabhari, senior vice president at Semtech, added: “The collaboration with Traxmate underscores Semtech’s commitment to drive technology that simplifies and accelerates IoT applications. For asset tracking, a hybrid approach like this can provide the true ubiquitous coverage needed for robust and secure supply chain networks.”
Semtech’s LoRa platform (www.semtech.com/lora) is a long range, low power option for IoT applications, enabling the rapid development and deployment of low power, cost efficient and long range IoT networks, gateways, sensors, module products and IoT services worldwide.
Traxmate (traxmate.io) offers advanced situational awareness through positioning tools, tracking capabilities and data. Its features, APIs and SDKs include AI-enhanced indoor and outdoor positioning, fusion location, 3D visualisations, geofencing and alerts.
Semtech (semtech.com) is a semiconductor, IoT systems and cloud connectivity service provider.