PROGRAM MANAGER: Nick Kacsandi
OPPORTUNITY: Supply or licensing of hardware and software solutions. Anticipated annual new product volumes up to 5,000 units, in addition to field retrofit opportunities up to 2,000 units. Actual volumes will depend on cost of the hardware/software solution in relation to cost of the parent product. Recurring revenue, through technology licensing, may be possible for associated software tools with smart technology applications aimed at delivering detailed asset intelligence. Joint development of the software interface would be acceptable.
Phase 1 - Proof of concept and field testing (3 months)
Phase 2 - Implementation & Enhancement (6 months)
Funding up to $100,000 may be available for development or proof-of-concept where applicable and depending on the scope of the proposed solution.
SOLUTION PROVIDER HELP DESK:
NineSigma, representing A Global Industrial Electrical Products Manufacturer, invites proposals for a turnkey or nearly turnkey seamless hardware & software solution for asset tracking, inventory management and theft prevention of the manufacturer's products in use by customers in the field. The client would like to re-brand the solution and offer it to the market as their own.
Large scale industrial or field operations involve the deployment of vast amounts of resources (equipment, tools, machinery, components, etc.) distributed across a variety of locations. As operations progress, these resources can be lost, stolen or simply reallocated to a new site. Without appropriate security measures in place it is impossible to track these fluctuations in inventory. Advancements in inventory control systems have made supply chain operations more transparent, however tracking technologies at the end user are often not as robust.
NineSigma’s client seeks to improve this transparency by incorporating better control mechanisms into their product stream. Ideal solutions must be low profile to ensure efficient integration with the product and should be fully functional in close proximity to power distribution equipment. The client has issued this global call to identify partners with the technology and capabilities to collaborate on near-term development and commercialization initiatives.
The client’s products are built to be used in harsh environments over long periods of time. Ideal solutions include location-tracking hardware and user-configurable software capable of reliable performance in industrial work environments across (potentially) long distances. Turnkey solutions are of significant interest. Implementation should be possible on products with several different price points. Base hardware acquisitions should be cost competitive when implemented on lower priced products ($400 range).
Anticipated Project Phases or Project Plan
Phase 1 – Proof of concept and field testing (3 months)
Proof of Concept (GPS or other next generation approach), including
Hardware – suitability, durability, form, fit, function
Software – operating system, user interface, satellite connection
Field test – 2-3 customer tests
Phase 2 – Implementation & Enhancement (6 months)
Expansion to installed base
Enhanced System capabilities (software)
Potential sensor expansion (smart monitor)
Inclusion of low cost secondary RFID devices in solution
Criteria for Moving from Phase 1 to Phase 2
Solution meets form, fit and function criteria
Successful field test for suitability and durability
Demonstrated system capabilities and expansion path
Potential to protect technology or use upgrade path to defend against competition
The successful technology will:
Record and track tagged items reliably across various, distributed locations
Record asset inventory at regular intervals
Ideally, allow for “on request” tracking
Integrate with existing inventory control systems OR include its own tracking and control system
Securely transfer data to an integrated base station
Operate without interference in close proximity to power distribution equipment
Have the lowest possible profile, either:
Operate without interference under 0.5-inch thick plastic
If not able to overmold, then the technology must:
Have a price point or per unit cost less than 5% of value of client products
Possible approaches might include, but are not limited to:
The following approaches are not of interest:
Non-integrated solutions (hardware/software)
Technology with limited operating life
Technology with client-server architecture or heavy software footprint
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Other Request information includes:
APPROPRIATE RESPONSES TO THIS REQUEST
Responses from companies (small to large), academic researchers, other research institutes, consultants, venture capitalists, entrepreneurs, or inventors are welcome. For example:
You represent a company that has demonstrated a proof of concept for location-tracking solutions capable of reliable performance in industrial work environments.
You represent a manufacturer with commercially available products for location tracking, asset management, asset planning, and theft deterrence.
You represent an organization with expertise in overmolded sensors and RFIDs, or other applicable technologies