CoreKinect and Comcast’s MachineQ Launch Outdoor Asset Tracking Solution

Rhea-AI Summary

MachineQ and CoreKinect have partnered to offer a LoRaWAN®-based outdoor asset tracking solution for inventory management, enhancing operational efficiency and reducing costs for enterprises. This collaboration has led to the deployment of over 160 MachineQ gateways and 325,000 CoreKinect devices across 80 North American locations. The new technology provides near real-time visibility of inventory, aiding the automotive sector in streamlining logistics. The battery-efficient technology promises up to seven years of use on a single charge, with integration options for existing business applications.

Positive

• Deployment of over 160 MachineQ gateways and 325,000 CoreKinect devices in 80 North American locations.
• Near real-time visibility into inventory management enhances operational efficiency.
• Low-power, long-range technology allows for up to seven years of continuous use on a single battery.
• Improved logistics in the automotive sector led to increased sales and customer satisfaction.

Negative

• None.

IoT Companies Develop End-to-End Solution for Inventory Management

PHILADELPHIA--(BUSINESS WIRE)-- CoreKinect and Comcast’s MachineQ today announced their collaboration to offer a LoRaWAN®-based outdoor asset tracking solution for inventory management. The new solution provides near real-time visibility into locating and managing inventory or assets in an automated fashion, enabling enterprises to help increase operational efficiencies and reduce costs.

(Graphic: Business Wire)

“We’re seeing growing demand and the need for partners to navigate the complexities from design to deployment of enterprise-grade IoT solutions,” adds Steve Salata, VP and General Manager at MachineQ. “By simplifying the entire process, we deliver a scalable and turnkey solution, which allows enterprises to transform their business operations and customer experience digitally.”

Leveraging a unique, battery-efficient technology, CoreKinect developed a low-power, long-range (LoRa®) geolocation device that transmits location data in near-real-time, while supporting up to seven years of continuous use on a single battery. MachineQ gateways and cloud-based network infrastructure provide the LoRaWAN connectivity that powers the solution. Customers can integrate the location data into their own business applications or leverage CoreKinect's purpose-built application for data visualization.

“World-class solutions require best-in-class partnerships,” said Ali Kozlica, Executive Chairman at CoreKinect. “Together, we’ve achieved what was nearly impossible only a few years ago for our customer in the automotive industry. This solution will enable other use cases such as logistics and supply chain management.”

Recently, the companies deployed more than 160 MachineQ Field16c gateways and 325,000 CoreKinect devices at more than 80 North American locations for their flagship customer in the automotive industry. The LoRaWAN solution enabled the customer to increase operational efficiencies by streamlining vehicle identification, location, and retrieval operations. With the ability to move inventory in and out in near-real-time, the customer accelerated sales and increased customer satisfaction.

About MachineQ

MachineQ, a Comcast Company, makes it simple for enterprises to build, connect and deploy long-range, low-power IoT solutions at scale. Utilizing LoRaWAN technology, our fully integrated network connectivity platform delivers enhanced security and reduced total cost of ownership, while giving customers a single provider for technology, development, service, and support. Our partnerships with leading IoT solution providers address a wider range of business challenges in key markets such as real estate, food service, retail, manufacturing, healthcare, utilities, government, and agriculture. For more information, visit www.MachineQ.com.

LoRaWAN® is a mark used under license from the LoRa Alliance. LoRa® is a registered trademark of Semtech Corporation.

About CoreKinect

Tempe, Arizona-based CoreKinect is the leader in hardware design that has changed the way scalable IoT solutions are delivered. Through fierce dedication to design principles, CoreKinect's clients achieve scale without compromising quality or customization. This delivers an accelerated time-to-scale, simplified deployments and uncompromised quality. CoreKinect develops products for asset tracking, vehicle and fleet management, smart home, smart city, wearables, agriculture and energy management. Visit www.corekinect.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211215005686/en/

Joel Shadle

Joel_Shadle@comcast.com

Source: Comcast

FAQ

What is the new inventory management solution launched by MachineQ and CoreKinect?

MachineQ and CoreKinect have launched a LoRaWAN®-based outdoor asset tracking solution that provides near real-time visibility for inventory management.

How many gateways and devices have been deployed in the new solution?

The solution includes over 160 MachineQ gateways and 325,000 CoreKinect devices deployed across 80 North American locations.

What benefits does the new asset tracking solution provide?

The solution enhances operational efficiency, reduces costs, and improves logistics by enabling near real-time inventory visibility.

Which industry is benefiting from this collaboration between CoreKinect and MachineQ?

The automotive industry is notably benefiting from the collaboration, improving its inventory management and logistics.

What is the battery life of the geolocation device used in this solution?

The geolocation device developed by CoreKinect has a battery life of up to seven years on a single charge.