Iveda Solves Lost & Stolen Wheelchair Problem with AI-Powered Real-Time Location System
Iveda (NASDAQ: IVDA) has launched an enhanced version of Iveda Pinpoint, an AI-powered Real-Time Location System (RTLS) designed to solve asset tracking challenges in healthcare and industrial settings. The system has been successfully deployed at Changhua Christian Hospital (CCH) in Taiwan, where it addresses the critical issue of hospitals losing up to 20% of mobile assets like wheelchairs and medical equipment, with each item costing around $3,000.
The upgraded system features proprietary AI technology that improves tracking accuracy by filtering RF noise, complemented by new tracking accessories including the Pinpoint E-Badge, Smart Watch, and Smart Tag. At CCH, which has over 4,000 beds, the system's Geo-Fencing feature alerts staff when wheelchairs move beyond designated areas, significantly reducing equipment loss.
According to Markets and Markets, the global RTLS market, valued at $6.03 billion in 2024, is projected to reach nearly $16 billion by 2029.
Iveda (NASDAQ: IVDA) ha lanciato una versione migliorata di Iveda Pinpoint, un sistema di localizzazione in tempo reale (RTLS) alimentato dall'IA, progettato per risolvere le sfide del tracciamento degli asset in contesti sanitari e industriali. Il sistema è stato implementato con successo presso il Changhua Christian Hospital (CCH) a Taiwan, dove affronta il problema critico della perdita da parte degli ospedali di fino al 20% degli asset mobili, come sedie a rotelle e attrezzature mediche, con ogni articolo che costa circa 3.000 dollari.
Il sistema aggiornato presenta una tecnologia proprietaria di IA che migliora l'accuratezza del tracciamento filtrando il rumore RF, accompagnata da nuovi accessori di tracciamento tra cui il Pinpoint E-Badge, lo Smart Watch e lo Smart Tag. Presso il CCH, che ha oltre 4.000 letti, la funzione di geo-fencing del sistema avvisa il personale quando le sedie a rotelle si spostano oltre le aree designate, riducendo significativamente la perdita di attrezzature.
Secondo Markets and Markets, il mercato globale degli RTLS, valutato a 6,03 miliardi di dollari nel 2024, è previsto raggiungere quasi 16 miliardi di dollari entro il 2029.
Iveda (NASDAQ: IVDA) ha lanzado una versión mejorada de Iveda Pinpoint, un sistema de localización en tiempo real (RTLS) impulsado por IA, diseñado para resolver los desafíos de seguimiento de activos en entornos de salud e industriales. El sistema se ha implementado con éxito en el Changhua Christian Hospital (CCH) en Taiwán, donde aborda el problema crítico de que los hospitales pierden hasta un 20% de activos móviles, como sillas de ruedas y equipos médicos, con cada artículo costando alrededor de 3,000 dólares.
El sistema mejorado cuenta con tecnología de IA propietaria que mejora la precisión del seguimiento al filtrar el ruido RF, complementado por nuevos accesorios de seguimiento que incluyen el Pinpoint E-Badge, el Smart Watch y el Smart Tag. En el CCH, que tiene más de 4,000 camas, la función de geo-cercado del sistema alerta al personal cuando las sillas de ruedas se mueven más allá de las áreas designadas, reduciendo significativamente la pérdida de equipos.
Según Markets and Markets, se espera que el mercado global de RTLS, valorado en 6.03 mil millones de dólares en 2024, alcance casi 16 mil millones de dólares para 2029.
Iveda (NASDAQ: IVDA)는 자산 추적 문제를 해결하기 위해 설계된 AI 기반 실시간 위치 시스템(RTLS)인 Iveda Pinpoint의 향상된 버전을 출시했습니다. 이 시스템은 대만의 장화 기독병원 (CCH)에 성공적으로 배포되었으며, 병원에서 휠체어 및 의료 장비와 같은 이동 자산의 20%까지 손실되는 심각한 문제를 해결하고 있습니다. 각 품목의 비용은 약 3,000달러입니다.
업그레이드된 시스템은 RF 노이즈를 필터링하여 추적 정확도를 향상시키는 독점 AI 기술을 갖추고 있으며, Pinpoint E-Badge, 스마트 시계 및 스마트 태그와 같은 새로운 추적 액세서리로 보완됩니다. 4,000개 이상의 병상이 있는 CCH에서 시스템의 지오펜싱 기능은 휠체어가 지정된 구역을 넘어 이동할 때 직원에게 경고하여 장비 손실을 크게 줄입니다.
Markets and Markets에 따르면, 2024년 60억 3천만 달러로 평가되는 글로벌 RTLS 시장은 2029년까지 거의 160억 달러에 이를 것으로 예상됩니다.
Iveda (NASDAQ: IVDA) a lancé une version améliorée de Iveda Pinpoint, un système de localisation en temps réel (RTLS) propulsé par l'IA, conçu pour résoudre les défis de suivi des actifs dans les environnements de santé et industriels. Le système a été déployé avec succès à l'Hôpital chrétien de Changhua (CCH) à Taïwan, où il traite le problème critique de la perte jusqu'à 20 % des actifs mobiles tels que les fauteuils roulants et les équipements médicaux, chaque article coûtant environ 3 000 dollars.
Le système amélioré dispose d'une technologie IA propriétaire qui améliore la précision du suivi en filtrant le bruit RF, complétée par de nouveaux accessoires de suivi, notamment le Pinpoint E-Badge, la montre intelligente et l'étiquette intelligente. Au CCH, qui compte plus de 4 000 lits, la fonction de géorepérage du système alerte le personnel lorsque les fauteuils roulants se déplacent au-delà des zones désignées, réduisant ainsi considérablement la perte d'équipement.
Selon Markets and Markets, le marché mondial des RTLS, évalué à 6,03 milliards de dollars en 2024, devrait atteindre près de 16 milliards de dollars d'ici 2029.
Iveda (NASDAQ: IVDA) hat eine verbesserte Version von Iveda Pinpoint eingeführt, einem KI-gestützten Echtzeit-Standortsystem (RTLS), das entwickelt wurde, um Herausforderungen beim Asset-Tracking im Gesundheitswesen und in der Industrie zu lösen. Das System wurde erfolgreich im Changhua Christian Hospital (CCH) in Taiwan implementiert, wo es das kritische Problem angeht, dass Krankenhäuser bis zu 20% ihrer mobilen Assets wie Rollstühle und medizinische Geräte verlieren, wobei jedes Teil etwa 3.000 Dollar kostet.
Das aktualisierte System verfügt über proprietäre KI-Technologie, die die Genauigkeit des Trackings verbessert, indem RF-Rauschen gefiltert wird, ergänzt durch neue Tracking-Zubehörteile wie das Pinpoint E-Badge, die Smart Watch und das Smart Tag. Im CCH, das über 4.000 Betten verfügt, warnt die Geo-Fencing-Funktion des Systems das Personal, wenn Rollstühle über die festgelegten Bereiche hinaus bewegt werden, was den Verlust von Geräten erheblich reduziert.
Laut Markets and Markets wird der globale RTLS-Markt, der 2024 auf 6,03 Milliarden Dollar geschätzt wird, bis 2029 voraussichtlich fast 16 Milliarden Dollar erreichen.
- Successfully deployed RTLS system at major hospital with 4,000+ beds
- Addresses $3,000 per item loss problem in healthcare sector
- Expanding into $16B market opportunity by 2029
- New product line expansion with multiple tracking accessories
- None.
Insights
Iveda's new Pinpoint RTLS solution targets a $6.03 billion global market expected to reach
The successful deployment at Taiwan's Changhua Christian Hospital provides a valuable reference customer with 4,000 beds across multiple facilities. This implementation demonstrates concrete ROI by eliminating lost and stolen equipment, particularly wheelchairs that were being unintentionally taken home by patients.
Iveda's expansion of the product line with tracking accessories (E-Badge, Smart Watch, Smart Tag) suggests a platform approach that could drive recurring revenue and increase customer retention. The proprietary AI technology that improves accuracy by filtering RF noise represents a potential competitive advantage in the asset tracking space.
While this product launch appears promising, investors should note that the announcement doesn't include specific revenue projections, pricing details, or information about the competitive landscape. The expansion beyond healthcare into other industrial applications (factories, warehouses) indicates broader market opportunities, but execution and sales pipeline development will be critical success factors.
Iveda's Pinpoint RTLS solution leverages AI technology to solve a fundamental operational challenge in asset management. The system's ability to cut through RF noise for enhanced accuracy represents a technical differentiation in an increasingly crowded RTLS market.
The Geo-Fencing alert functionality that notifies staff when assets leave designated areas demonstrates practical implementation of location-based services beyond simple tracking. This feature directly addresses the specific problem of wheelchairs leaving hospital premises without permission.
Their product expansion with various tracking accessories (E-Badge, Smart Watch, Smart Tag) indicates a comprehensive ecosystem approach rather than a single-point solution. This strategy enables Iveda to capture more value across different use cases and creates potential for account expansion within existing customers.
The deployment at a large-scale healthcare facility with 4,000 beds represents a significant technical validation, proving the solution can operate reliably in complex environments. However, the announcement lacks technical details about implementation time, integration with existing systems, or quantifiable metrics around accuracy and reliability that would help assess true technological advantages against competing solutions.
Real-Time Asset Tracking Now Transforming Hospitals, Industrial Sites & More
With over 4,000 beds and multiple facilities, Changhua Christian Hospital (CCH) is one of Taiwan’s most prominent medical institutions. Like many hospitals worldwide, CCH faced constant challenges tracking critical equipment—wasting time and resources locating misplaced wheelchairs, IV pumps, and medical devices.
By deploying Iveda Pinpoint, CCH has eliminated lost and stolen equipment by providing instant, real-time tracking, ensuring essential resources are always where they need to be.
“At Changhua Christian Hospital, one of the biggest resource drains was missing wheelchairs. They needed a platform to track and manage these assets, helping them determine where they were going,” said Spencer Shih of Realink, one of Iveda’s key systems integrator partners based in
Solving the Asset Tracking Problem for Hospitals & Beyond
Iveda unveils the upgraded Iveda Pinpoint, now delivering even more precise tracking with proprietary AI-powered technology that cuts through RF noise for unmatched accuracy. As part of this new product expansion, Iveda is introducing a suite of tracking accessories to enhance operational control, including the Pinpoint E-Badge, Smart Watch, and Smart Tag. According to Markets and Markets, the global RTLS market was valued at
“Hospitals like Changhua Christian Hospital lose thousands of dollars every year due to misplaced or stolen equipment like wheelchairs. With Iveda Pinpoint, we’ve solved this problem—ensuring that critical assets are always where they need to be,” said David Ly, CEO and founder of Iveda.
“This isn’t just a problem for hospitals—industries worldwide struggle with lost or stolen assets. Whether it’s medical equipment in a hospital, machinery in a factory, or inventory in a warehouse, Iveda Pinpoint gives organizations real-time visibility and control. By preventing asset loss, we’re helping businesses save money, improve efficiency, and enhance security.”
To get a custom quote for your hospital or facility, contact us at sales@iveda.com.
About Iveda Solutions®
Iveda (NASDAQ:IVDA) is the provider of global solutions for cloud-based, video AI search and surveillance technologies that protect the people, places, and things that matter the most. Iveda’s technology has the power to provide instant intelligence to existing infrastructure, enabling cities and organizations around the world to seamlessly enter the fifth industrial revolution. Iveda operates at the forefront of digital transformation of cities across the world, using IoT platforms with smart sensors and devices developed to aid with use cases surrounding public safety, security, elderly care, energy efficiency, and environment preservation. Headquartered in
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Source: Iveda
FAQ
How much do hospitals lose annually due to missing medical equipment according to IVDA's report?
What is the projected market value for Real-Time Location Systems (RTLS) by 2029?
How has Iveda Pinpoint helped Changhua Christian Hospital with asset management?
What new tracking accessories has IVDA introduced with the upgraded Iveda Pinpoint system?
