Wyld Networks and TrakAssure to provide terrestrial and satellite IoT connectivity for the supply chain

22 February 2022 – Wyld Networks and TrakAssure LLC will integrate the Wyld Connect hybrid LoRaWAN satellite IoT connectivity solution into TrakAssure’s asset tracking IoT sensors for the supply chain market. The companies will also offer the joint end-to-end solution globally in other complementary IoT markets.

TrakAssure combines specialised IoT sensors with a scalable and secure customised private and public platform infrastructure, to offer enterprise level visibility across the entire, fragmented supply chain, providing an improved customer experience, operational efficiency and significant cost savings.

Collecting data from IoT sensors creates a significant challenge as traditional wireless networks only cover 15% of the world’s surface. However, Wyld Connect hybrid terrestrial and satellite IoT solutions integrated into IoT sensors provide connectivity anywhere in the world, for a range of applications requiring high reliability and ubiquitous geographical operation.

The process of bringing products from raw materials to retail shelves with as little waste and as much efficiency as possible is a massive challenge for those involved in the global supply chain. However, chip shortages and lean manufacturing practices have pushed supply chains to their limits, making them vulnerable to even the smallest of disruptions. Research from Gartner forecasts that $33 billion (€29.13 billion) will be spent on asset tracking in logistics and supply chain in 2025 globally, up from $10 billion (€8.83 billion) in 2020.

“We are entering a new space race for low-bandwidth, satellite IoT connectivity and two of the most disruptive applications are global asset tracking and supply chain monitoring. We believe that the combined strengths of Wyld and TrakAssure will allow for augmentation of existing cellular and other WLAN based solutions, and open markets for dual-mode terrestrial and satellite technologies that are more price sensitive with constrained infrastructure, and all compatible with the same LoRaWAN terrestrial network that is growing at an exponential rate,” notes Don Miller, board member at TrakAssure.

“We are excited that TrakAssure has chosen to integrate our Wyld Connect satellite IoT solution into its sensors to provide 100% global connectivity,” says, Alastair Williamson, CEO Wyld Networks. “This partnership is an extension of the MMIIC Consortium agreement announced earlier this year and we look forward to offering our joint solution to many stakeholders in the global supply chain. We will be promoting our collaboration live at Mobile World Congress in Barcelona at the end of February,” adds Williamson.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

RECENT ARTICLES

Sign-Up For Your Premier One-Stop Guide to the EV Landscape in 2022

Posted on: December 1, 2022

The race is on to establish the market leaders across various verticals in the Electric Vehicle industry, including the vehicles themselves, charging stations, third-party service providers, and the supporting infrastructure. This in-depth EV market guide and report by IoT Now explores all these trends to help determine the roadmap for the current state as well

Read more

Axiomtek launches compact DIN-rail IIOT gateway for data driven energy

Posted on: November 30, 2022

Axiomtek, a world-renowned specialist relentlessly devoted in the research, development, and manufacture of series of innovative and reliable industrial computer products of high efficiency is pleased to announce the ICO120-E3350, an extremely compact industrial IoT gateway powered by the Intel Celeron processor N3350 (codename: Apollo Lake-M). The ruggedised designs feature fanless operation, -40°C to 70°C

Read more
FEATURED IoT STORIES

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption, is leading the charge to dominate the next decade’s discussion around business IT. Below, we’ll discuss the current boom, what’s driving it, where it’s going,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more