Aspen provides an integrated asset management system that utilizes IoT technology to automate the circulation of devices across supply chains, ensuring optimal device availability and reducing waste. By capturing real-time data and usage patterns, Aspen enables businesses to enhance operational efficiency and make informed decisions based on actionable insights.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses lack real-time visibility into their asset locations and conditions throughout the supply chain, leading to inefficiencies, loss, and increased operational costs. Single-use devices contribute to waste and fail to provide continuous monitoring for optimal asset utilization.
Solution
Aspen Telematix offers an integrated asset management system leveraging IoT devices to automate and optimize device circulation across supply chains. The system uses smart IoT devices equipped with a full sensor suite to monitor various aspects of asset management, including location, temperature, humidity, acceleration, and light exposure. Data is transmitted via proprietary, scalable networks and visualized through a customizable dashboard, providing actionable insights for informed decision-making. This enables businesses to enhance operational efficiency, improve asset utilization, and ensure regulatory compliance, particularly in industries like pharmaceuticals, logistics, and cold chain management.
Target Audience
The primary target audience includes businesses in pharmaceuticals, health sciences, logistics, warehousing, cold chain, military, and transportation that require real-time asset tracking and monitoring.
Features
- Smart IoT devices with wireless LAN, Wi-Fi, LoRa, GPS, cellular communication, and barcode scanner options
- Full sensor suite including temperature (NIST traceable with +/- .025C accuracy), humidity, light, accelerometer, and pressure sensors
- Real-time data capture with measurements taken every second
- Customizable alerts for deviations in temperature, location, or other sensor readings
- Options for 6-month to 5-year battery life depending on device and logging intervals
- Data analytics dashboard for visualizing asset location, condition, and usage patterns
- Secure data storage with SESIP3 and PSA III certified secure key storage
- Integration with existing data and visualization systems