Learn how to leverage location data from sources such as BLE, UWB, GPS, and more, to realize unlimited, scalable process automation opportunities via LPA.
Mehdi Bentanfous, CEO of KINEXON, discusses Beyond RTLS: Leveraging Location Data for Industrial Process Automation
The RTLS market is estimated to reach $12.7 billion by 2026, at a CAGR of 26.5%. As more and more companies are leveraging location technologies along their supply chain, location data provides value that goes far beyond asset tracking, auto-ident, and status updates. Via a new software category, location-based process automation (LPA), companies can utilize location data to automate processes across the value chain - via geofences, event triggers. Additionally, extensive process monitoring and mining functionalities within LPA software allow for unprecedented visibility and transparency about production steps, processes, and quality control.
While industrial companies have so far digitized a significant portion of their machine parks, many are losing out on a valuable pool of information: Location data of moving assets along the supply chain. Location-based process automation (LPA) software provides a comprehensive digital twin of moving things that grants manufacturers unprecedented information and visibility over the location and status of assets and processes. Learn how to leverage location data from sources such as BLE, UWB, GPS, and more to realize unlimited and scalable process automation opportunities via LPA: use cases such as search and find, material flow automation, container management, automated tool control and more can be easily set up directly on the OT level via no-code/low-code events and triggers.
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