Digital Twin
Initial Situation
Multiple departments within a company benefit from our solution.
• The warehouse saves storage space, search times, inventory costs, and reduces shrinkage.
• Production benefits from increased reliability and faster material availability in a smaller production area.
• Purchasing receives order information up to 5 days earlier and can identify anticipated demand even at short notice.
• The finance department benefits from real-time inventory at the touch of a button, eliminating costly downtime and reducing tied-up capital.
The return on investment is between 6 months and 2 years.
TeDaLoS is:
simpler - IoT full stack, from sensor to cloud
faster - instantly up and running, low financial impact
more homogeneous - all industries, product groups, and supply chains
more versatile - quantity, condition, location, and global goods mobility
Every warehouse, every storage location, and every type of goods flow can be retrofitted. A one-stop solution for the "digital twin" that provides precise quantity monitoring for the entire company and across multiple locations.
With TeDaLoS, you can:
Measure the physical distribution of inventory across decentralized storage locations in real time. Detect withdrawals of non-inventory-managed items from maintenance with pinpoint accuracy. Track operating and auxiliary equipment and connect suppliers. Remotely monitor shrinkage-prone goods during construction and maintenance (cables, hoses, welding wire, etc.). Determine accurate contents, even in transport containers (drums, tanks, containers, etc.). Additional possibilities:
• Reduction of tied-up capital by minimizing safety stock
• Cost center/order allocation of consumption based on actual usage
• Integration of goods suppliers for improved availability and freight planning. A fully autonomous, turnkey system without local resource requirements, including specialized sensors, wireless technology, data communication, cloud software, and an IT interface.
Objectives
95% of all warehouse space and intralogistics material flows are not digitally monitored.
This means that only 5% can be automated using robot-assisted systems (e.g., automated high-bay racking).
The market for inventory monitoring using the Internet of Things (IoT) is projected to reach approximately US$300 billion by 2025.
Therefore, we have numerous application possibilities.
Our identified main target groups are:
• Warehouses (real-time inventory, interim inventory)
• Maintenance (supplier-driven replenishment) • Transportation (trucks, rail)
• Healthcare (hospitals, home patient care)
• Industry (creation of a "digital twin")
• Production (improved availability and predictability)
• Logistics (for fixed or mobile use indoors and outdoors)
• Retail (consumption data, faster restocking)
• Construction (fixed or mobile construction sites)
Milestones
START OF R&D
January 1, 2015
A market study confirms the customer demand for mobile and industry-independent inventory monitoring. The Internet of Things is on everyone's lips, and the start of research and development begins
PROTOTYPE CONSTRUCTION WITH FIRST CUSTOMERS
June 8, 2016
The first customers from various industries spent many months preparing the TeDaLoS prototype for rigorous field testing in logistics.
„GO-LIVE“ & EXPANSION
January 1, 2017
Well-known companies – from SMEs to large corporations – are using TeDaLoS in their daily operations. In autumn 2017, TeDaLoS celebrated its market launch in Germany.
SALES EXPANSION
February 1, 2019
At the LogiMAT logistics trade fair in Stuttgart, the "intelligent" warehouse technology, which goes far beyond Auto-ID, was presented to industry professionals with great success.
Results
Following a confirmed study by the St. Pölten University of Applied Sciences on the demand for "mobile remote inventory monitoring," we conducted field research starting in 2015.
Since 2017, TeDaLoS has been in operational use in customer projects from the Netherlands to Greece.
We produce standard sensor units (e.g., A4, pallet, quarter pallet, for IBC tanks, for small parts storage containers), as well as custom adaptations for various load carriers.
Prominent reference customers (such as Kellner & Kunz AG, ENGEL, voestalpine, Miba, MAGNA, EIZO, Wien Energie, Canon, and KRUCH Railway Innovations) are already successfully using our sensor technology.
In September 2019, BITO Lagertechnik, an internationally operating industrial company in the field of warehouse and order picking technology, strengthened its collaboration with us by bringing Bito Campus on board as a shareholder. The cooperation aims to leverage our combined expertise to offer mobile and autonomous systems for material and inventory monitoring using the Internet of Things.
International sales partners focusing on the target user groups have already been acquired.