Showing posts with label PervasID. Show all posts
Showing posts with label PervasID. Show all posts

Thursday, 19 October 2023

PervasID Launches TrackMaster – Bringing Retailers World’s Most Accurate Near-Real Time Inventory Location Tracking

PervasID, the company providing best-in-class passive Radio Frequency Identification (RFID) reader systems for automating inventory and asset tracking, today unveiled TrackMaster, the world’s most accurate near-real time tracking system. 

Utilising the company’s award-winning passive (battery-free) RFID reader technology, TrackMaster enables retailers to accurately track the location of goods in retail stores, utilising existing tags and replacing time-consuming, labour-intensive manual handheld scanning. The system is already rolling out with major retailers worldwide.

A single PervasID TrackMaster reader can cover densely packed areas of up to 120m² (1,300ft²) making it ideal for retail store sales and storage area settings. The antennas scan the location of goods within each zone and track when they move between zones. TrackMaster integrates simply into 3rd party retail stock management applications via an API giving retailers a graphical map interface showing the location and movement of all tagged goods.

TrackMaster’s real-time stock inventory management system offers retailers a multitude of benefits. These include enhanced sales performance and increased customer satisfaction thanks to greater stock availability and expedited visibility of stock for staff. Furthermore, it can improve full-price sales and decrease end-of-season markdowns. It can also ensure timely restocking and seamless in-store fulfilment, while at the same time enhancing click-and-collect and online order services. Finally, TrackMaster can play a key role in loss prevention by reducing shrinkage with its inconspicuous monitoring solution.

“There are huge benefits for retailers from accurate and timely location tracking of goods in their stores, however to date there has been no solution which meets the performance and price criteria to deliver this,” said Dr Sabesan Sithamparanathan, Founder & President of PervasID. “With TrackMaster, retailers can now benefit from highly accurate, near real-time tracking of all of their goods, offering massive advantages in terms of reduced wastage and staff time saved. We’re delighted to be deploying this ground-breaking system with our retail partners and look forward to further rollouts across retail and other industry vertical markets.”

About PervasID

PervasID is a fast-growing technology company that designs and supplies world-leading, passive (battery-free) RFID fixed reader systems for automating inventory tracking, stock taking and asset management processes. PervasID patented products are enabling organisations across a wide range of markets to streamline processes by providing unparalleled visibility into goods, assets and people. No other solution on the market today can offer such accuracy, speed and cost effectiveness. For more info visit www.pervasid.com

(Image courtesy of Gerd Altmann from Pixabay)

Tuesday, 26 September 2023

PervasID Founder & President Dr Sabesan Sithamparanathan Elected as Fellow of the Royal Academy of Engineering

PervasID, the company providing best-in-class passive Radio Frequency Identification (RFID) reader systems for automating inventory and asset tracking, today announced that its Founder and President, Dr Sabesan Sithamparanathan, has been elected as a Fellow of the Royal Academy of Engineering. The Academy’s Fellowship brings together an unrivalled community of leading businesspeople, entrepreneurs, innovators and academics from every part of engineering and technology. Formed in 1976, it now comprises 1,653 Fellows, including Emeritus, International and Honorary.

The Royal Academy of Engineering is the UK’s national academy of engineering, with an overarching goal of harnessing the power of engineering to build a sustainable society and contribute to an inclusive economy that works for everyone. It delivers public benefit from engineering excellence and technology innovation, provides progressive leadership for engineering and technology, and independent expert advice to government, in the UK and beyond. Dr Sabesan is also an Enterprise Fellow at Girton College, Cambridge University.

PervasID, backed by leading strategic investors such as Stanley Black & Decker and Parkwalk, is the result of Dr Sabesan’s ground-breaking work as a PhD student at the University of Cambridge. His work in the area of accurate tracking of passive RFID tags (battery free) has been internationally recognised and has resulted in several patents.

As founder and President, Dr Sabesan has successfully grown PervasID from its inception to become a global enterprise, providing transformative solutions to healthcare, industrial, security, retail and supply chain and logistics sectors with a complete product suite that comprises the world’s most accurate passive RFID readers. 

For example, in healthcare his products enable the precise tracking of hospital assets to ensure mission critical medical devices are available at the right place and time. The need for this level of traceability of medical devices has been particularly evident in the COVID-19 pandemic. The solution is predicted to save £billions for hospitals and will save lives. Dr Sabesan awarded the Royal Academy of Engineering’s Silver Medal in 2021 as well as being named as one of Business Elite’s ‘40 Under 40 in 2023.

“Excellence and innovation in engineering lies at the very centre of PervasID as a company, with our core IP which delivers the most accurate battery free RFID in the world – opening up huge benefits to a whole range of industries that want to track objects such as inventory or resources,” said Dr Sabesan Sithamparanathan, Founder & President of PervasID. “I invented our core IP while I was working for my PhD at the University of Cambridge and it’s a huge honour that my work has been recognised by such a distinguished body as the Royal Academy. I’m proud to be joining the illustrious ranks of its fellows.”

PervasID is a fast-growing technology company that designs and supplies world-leading, passive (battery-free) RFID fixed reader systems for automating inventory tracking, stock taking and asset management processes. PervasID patented products are enabling organisations across a wide range of markets to streamline processes by providing unparalleled visibility into goods, assets and people. No other solution on the market today can offer such accuracy, speed and cost effectiveness. For more info visit www.pervasid.com