Energous Corporation and Veea Inc., have joined forces to combine wireless power and edge computing for real-time asset tracking in IoT (internet of things) sectors. This collaboration aims to empower industry providers to integrate Energous’ powerbridge technology. Wiliot’s IoT pixel tags, and Veea’s edge platform in a wireless power ecosystem enable reduced installation costs, lower latency, and improved bandwidth productivity, enhancing security, privacy, and security.
As IoT expands, in realm of asset tracking, the need for cost-effective and dependable solutions is paramount for supply chain optimisation. Asset tracking is a multifaceted ecosystem, requiring technologies that can identify items, from finished goods to raw materials, and offer real-time inventory insights. Implementing such asset-tracking systems involves a concerted effort from various stakeholders, notably system component suppliers and integrators.
This collaboration between Energous and Veea strives to bring together Energous’ advanced wireless power technology and Veea’s Edge Platform, which integrates connectivity, communication, and edge computing. This partnership is intended to offer customers an avenue for enhancing operational productivity, reducing operational and capital expenditures, lowering total cost of ownership, and boosting return on investment.
They have announced that the combined technologies were demonstrated in a proof of concept at the AT&T Mexico Innovation Lab in Mexico City last month. This was designed to demonstrate the real-world relevance and transformative potential of the solutions offered by Energous and Veea in expanding the IoT landscape.
“Driven by technological advancements in connectivity, data analytics, and new fields such as wireless power and AI/ML, the IoT industry is experiencing a significant paradigm shift. As data processing becomes more relevant, more and more customers are facing cost challenges due to the high quantity of data being generated, processed and stored. Our partnership with Veea is critical as we believe edge computing is key to addressing these growing challenges.” says Cesar Johnston, CEO of Energous.
“Veea is thrilled to partner with Energous to improve inventory controls and asset tracking use cases by utilising the connectivity capabilities of Veea’s Edge Platform paired with Energous PowerBridges and Wiliot IoT Pixel tags. Improving inventory controls and speed to market for inventory fulfillment while reducing supply chain logistic complexity provides tremendous value for distribution centres, logistical providers and ultimately saves money for the end consumer. With the explosive growth in manufacturing facilities and supply chain logistics, having successfully demonstrated the combined solution as part of AT&T Mexico’s Innovation Lab, Veea and Energous are positioned as leaders in Enterprise IoT solutions.” says Mark Tubinis, Veea’s CCO.
This joint solution will include Energous PowerBridges’ Wiliot IoT Pixel tags with Veea Edge platform solution aiming to provide system integrators, IoT solution developers, cloud and network service providers, and other ecosystem participants with better tools and building blocks. This will increase time to market, reduce risk and drive returns on investment.
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