KINEXON is bringing industrial connectivity and ultra-precise indoor-localisation to the mass market at a price point comparable to RFID and BLE solutions with the launch of its X‑Tag, a cost-efficient UWB-sensor for the industrial Internet of Things (IoT).
Companies can now deploy the X‑Tag for previously unfeasible IoT-applications and increase their productivity in production and logistics – from Search & Find and Track & Trace to automated material flow or assembly tool control. The smart X‑Tag delivers ultra-precise data in the most cost-efficient way so companies can significantly reduce their amortisation times and achieve an up to 50% higher ROI at the same time. The key to KINEXON’s innovation is its software-based approach. It reduces the complexity on the hardware side to a minimum and enables the company to offer the X‑Tag for up to 90% less than competing UWB solutions. Leading companies in the automotive and aerospace industries are already implementing the X‑Tag within their smart factory initiatives. The new product is available for purchase or within a two‑year subscription-based ’as a service’ model.
Digital transformation is more important to companies than ever. A recent study of Aberdeen and Panasonic showed that 70% of companies are enforcing their digitalisation even more due to the pandemic. One challenge remains: around 80% of IoT-use cases rely on location data from assets in the production process, including tools, AGVs, parts, or containers. In choosing a localisation solution, companies had to decide between precision and price to date: RFID and BLE used to be less cost-intensive but were only useful for few applications due to their low precision and range. UWB is considered the gold standard of indoor localisation due to its precision, security, and scalability. The high cost of UWB solutions used to prevent a fast ROI and profitable large-scale applications.
With the X‑Tag, this dilemma is now a thing of the past. As the most cost-efficient industrial UWB sensor, it is up to 90% more affordable than other currently available UWB tags. The key to this innovation lies in in KINEXON’s software defined approach and intelligent sensor network algorithms that reduce the complexity of hardware to a minimum. In addition to the option of a one-time purchase, KINEXON offers its customers n subscription-based “as a service” model, where the monthly fee per sensor is below the cost of a stamp.
Lower overall costs allow companies to leverage the full power of localisation data. For the first time, they can feasibly implement new smart factory and logistics use cases, from Search & Find and Track & Trace to automated material flow or assembly tool control. The mass market availability of UWB technology is a forceful disruption of the indoor localisation market.
The mass-market readiness of the X‑Tag represents a big leap for the digital twin, as companies can precisely track higher counts of even smaller assets for various applications.