Mapping and location services company HERE Technologies and fabless semiconductor company specialising in precise location and connectivity applications Decawave have announced a planned strategic partnership to accelerate the deployment of high-accuracy indoor location services.
The two companies intend to combine their respective capabilities — chipset, software, analytics and indoor mapping services — into a powerful out-of-the-box real-time and energy-efficient tracking system. Based on Ultra-wideband (UWB) positioning technology, it supports the 3D positioning of objects and people down to 10 centimeters in indoor environments, even if there are obstructions in the way. This makes it significantly more useful and reliable for certain applications than other indoor positioning technologies such as WiFi, Bluetooth Low Energy (BLE) and Radio Frequency Identification (RFID).
The companies see a broad array of potential uses for their technology. These include the tracking of parts on a factory floor or medical equipment in a hospital, precision guidance for autonomous drones delivering packages, and automated valet parking for driverless vehicles.
“Being able to know where your stuff is at this level of precision at any time will bring enormous benefits to enterprises everywhere, not least greater efficiencies, security and safety,” said head of tracking at HERE Technologies Erminio Di Paola. “By working with Decawave’s robust UWB chipset technology, we are significantly increasing the breadth of applications we can support with our tracking service.”
“Decawave’s technology has disrupted the indoor location market, opening the door to new products and services, increasing safety and security and driving efficiencies,” said chief strategy and business development officer at Decawave Luc Darmon. “Partnering with HERE, with its significant knowledge and reputation, will enable the mass adoption of new indoor location services across industries for the benefit of the whole value chain.”
According to ABI Research forecasts*, the worldwide market for indoor asset tracking infrastructure will reach USD 4.5 billion by 2022, with a CAGR of 32%.
*Source: ABI Research, AN-2498: Next-Generation Asset Tracking and RTLS: Opportunities, Applications, and Revenue, December 2017.