Nexxiot AG
Nexxiot is a spin-off company from ETH Zürich, one of the worlds top technical universities. They are built on over 10 years of research in complex systems, big data algorithms and ultra low-power embedded technology.
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NEXIOT’S SELF-SUSTAINING SMART SENSORS BOOST EFFICIENCY FOR WAGON HIRE GIANT VTG
Industrial Internet of Things pioneer Nexiot is working with VTG to install smart sensors using ground-breaking technology
Zürich, Switzerland, Wednesday, 8th February 2017 – Nexiot AG is equipping the whole European fleet of VTG Aktiengesellschaft (VTG AG) wagons with zero-maintenance smart sensors, which communicate important information and business-critical events up to every five minutes to enterprise control centres.
The smart sensors harvest energy from the environment to make them self-sustaining, giving them a unique message update rate and overall operating lifetime.
This overcomes battery problems which are a major barrier to customers who want to monitor their mobile assets that have no power source.
The modules relay updates including location, impact events, and border crossings. Geographical and historical information is combined with the raw sensor data, so the customer can see the wider context of their assets, including estimated times of arrival, detection of cargo loading, or recognition of intermodal changes, for example.
This data is processed in the Nexiot Cloud Engine so that VTG and other rail customers can use it to add value to their business. For example, the data includes accurate mileage for each wagon so that significant cost savings can be made through condition-based maintenance.
In addition, customised geofencing will enable VTG customers to be alerted whenever wagons enter or leave a defined area, such as a terminal, station, port, or border region, and integrated sensors supply other important data like shock or impact events.
The customer can manage the setup of event notifications so they are informed only when something important takes place. This is vital when managing a large fleet.
“The modules are equipped with integrated energy harvesting and ultra-low-power embedded technology, developed over ten years of research by scientists at the ETH university in Zurich, Switzerland,” said Daniel MacGregor, Director Marketing and Sales, Nexiot AG.
“Nexiot’s wider expertise in complex systems and Big Data algorithms makes us much more than a hardware provider. Our company focuses on providing full asset visibility to enable the customer to make informed decisions.”
The smart sensors are designed to be fitted to each wagon in under five minutes and are paired to a data centre using a smartphone, so no specialist knowledge is needed and asset downtime is minimised.
”We are a young company, but we are taking the market by storm because we provide cutting-edge technology and an innovative business model, which brings the entry barriers right down,” said MacGregor.
“Increasing demand for supply chain visibility from end customers, and the need to compete with road-based transport are both important drivers.”
VTG AG is installing the smart sensors as part of its new VTG Connect service.
“This pan-European telematics system and the resultant services will create the transparency that rail freight transportation so desperately needs,” said Dr Heiko Fischer, CEO of VTG AG.
“Essentially, we are offering the entire industry the chance to realise further effective improvements.
“We are also strengthening rail freight’s position as the backbone of smart and sustainable logistical solutions.”
ENDS
ABOUT NEXIOT AG
Nexiot sprang from ETH Zürich, one of the world’s top technical universities. The company is built on over ten years of research in complex systems, big data algorithms, energy harvesting, and ultra low-power embedded technology.
Now their focus is on interconnecting industrial objects, using maintenance free modules for monitoring and security.
The company is leading the IoT / Industry 4.0 revolution with its power independent fleet communication solutions with fully integrated operations and sensors.
It couples remote connectivity with powerful business logic and interfaces to enterprise software, to facilitate mission critical information management through the logistics chain.
To find out more visit nexiot.ch ( http://nexiot.ch/home )
About VTG Aktiengesellschaft (VTG AG)
VTG Aktiengesellschaft is one of Europe’s leading wagon hire and rail logistics companies, with a fleet consisting of more than 80,000 railcars. VTG offers a full-range service, providing tank cars, intermodal wagons, standard freight wagons and sliding wall wagons. In addition to the hiring of wagons, the Group offers comprehensive multi-modal logistics services, mainly around rail transport, and global tank container transports.
With the combination of its three interlinked divisions Railcar, Rail Logistics and Tank Container Logistics, VTG offers its customers a high-performance platform for international transport of their freight. The Group has many years of experience and specific expertise, in particular in the transport of liquid and sensitive goods. Its customers include numerous well-known companies from almost every industrial sector, for example the chemical, petroleum, automotive, paper and agricultural industries.
In the financial year 2015, VTG generated revenue of EUR 1,027.5 million and operating profit (EBITDA) of EUR 336.5 million. Via its subsidiaries and affiliates, the company, which has its head office in Hamburg, Germany, is mainly present in Europe, North America, Russia and Asia. As of 31 December 2015, VTG had 1,445 employees worldwide in consolidated companies. VTG AG is listed on the official Prime Standard market of the Frankfurt Stock Exchange and also on the SDAX (WKN: VTG999).
To find out more visit vtg.com ( http://www.vtg.com/ )
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NEXIOT’S SELF-SUSTAINING SMART SENSORS BOOST EFFICIENCY FOR WAGON HIRE GIANT VTG
Industrial Internet of Things pioneer Nexiot is working with VTG to install smart sensors using ground-breaking technology
Zürich, Switzerland, Wednesday, 8th February 2017 – Nexiot AG is equipping the whole European fleet of VTG Aktiengesellschaft (VTG AG) wagons with zero-maintenance smart sensors, which communicate important information and business-critical events up to every five minutes to enterprise control centres.
The smart sensors harvest energy from the environment to make them self-sustaining, giving them a unique message update rate and overall operating lifetime.
This overcomes battery problems which are a major barrier to customers who want to monitor their mobile assets that have no power source.
The modules relay updates including location, impact events, and border crossings. Geographical and historical information is combined with the raw sensor data, so the customer can see the wider context of their assets, including estimated times of arrival, detection of cargo loading, or recognition of intermodal changes, for example.
This data is processed in the Nexiot Cloud Engine so that VTG and other rail customers can use it to add value to their business. For example, the data includes accurate mileage for each wagon so that significant cost savings can be made through condition-based maintenance.
In addition, customised geofencing will enable VTG customers to be alerted whenever wagons enter or leave a defined area, such as a terminal, station, port, or border region, and integrated sensors supply other important data like shock or impact events.
The customer can manage the setup of event notifications so they are informed only when something important takes place. This is vital when managing a large fleet.
“The modules are equipped with integrated energy harvesting and ultra-low-power embedded technology, developed over ten years of research by scientists at the ETH university in Zurich, Switzerland,” said Daniel MacGregor, Director Marketing and Sales, Nexiot AG.
“Nexiot’s wider expertise in complex systems and Big Data algorithms makes us much more than a hardware provider. Our company focuses on providing full asset visibility to enable the customer to make informed decisions.”
The smart sensors are designed to be fitted to each wagon in under five minutes and are paired to a data centre using a smartphone, so no specialist knowledge is needed and asset downtime is minimised.
”We are a young company, but we are taking the market by storm because we provide cutting-edge technology and an innovative business model, which brings the entry barriers right down,” said MacGregor.
“Increasing demand for supply chain visibility from end customers, and the need to compete with road-based transport are both important drivers.”
VTG AG is installing the smart sensors as part of its new VTG Connect service.
“This pan-European telematics system and the resultant services will create the transparency that rail freight transportation so desperately needs,” said Dr Heiko Fischer, CEO of VTG AG.
“Essentially, we are offering the entire industry the chance to realise further effective improvements.
“We are also strengthening rail freight’s position as the backbone of smart and sustainable logistical solutions.”
ENDS
ABOUT NEXIOT AG
Nexiot sprang from ETH Zürich, one of the world’s top technical universities. The company is built on over ten years of research in complex systems, big data algorithms, energy harvesting, and ultra low-power embedded technology.
Now their focus is on interconnecting industrial objects, using maintenance free modules for monitoring and security.
The company is leading the IoT / Industry 4.0 revolution with its power independent fleet communication solutions with fully integrated operations and sensors.
It couples remote connectivity with powerful business logic and interfaces to enterprise software, to facilitate mission critical information management through the logistics chain.
To find out more visit nexiot.ch ( http://nexiot.ch/home )
About VTG Aktiengesellschaft (VTG AG)
VTG Aktiengesellschaft is one of Europe’s leading wagon hire and rail logistics companies, with a fleet consisting of more than 80,000 railcars. VTG offers a full-range service, providing tank cars, intermodal wagons, standard freight wagons and sliding wall wagons. In addition to the hiring of wagons, the Group offers comprehensive multi-modal logistics services, mainly around rail transport, and global tank container transports.
With the combination of its three interlinked divisions Railcar, Rail Logistics and Tank Container Logistics, VTG offers its customers a high-performance platform for international transport of their freight. The Group has many years of experience and specific expertise, in particular in the transport of liquid and sensitive goods. Its customers include numerous well-known companies from almost every industrial sector, for example the chemical, petroleum, automotive, paper and agricultural industries.
In the financial year 2015, VTG generated revenue of EUR 1,027.5 million and operating profit (EBITDA) of EUR 336.5 million. Via its subsidiaries and affiliates, the company, which has its head office in Hamburg, Germany, is mainly present in Europe, North America, Russia and Asia. As of 31 December 2015, VTG had 1,445 employees worldwide in consolidated companies. VTG AG is listed on the official Prime Standard market of the Frankfurt Stock Exchange and also on the SDAX (WKN: VTG999).
To find out more visit vtg.com ( http://www.vtg.com/ )
Latest from Nexiot
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About Nexiot
Zürich, Switzerland-headquartered Nexiot AG is recognised as both a pioneer and an industry leader in developing and providing digital supply chain management solutions.
Launched in 2015, the company is a spin-off from ETH Zürich, one of the world’s top technical universities, borne out of ten years of research into complex systems, Big Data algorithms, and ultra-low-power embedded technology.
Since its founding, Nexiot has gone from strength-to-strength, with a rapidly growing client base and evolving array of business cases for employing Nexiot’s technological solutions and services.
The team has quadrupled in size, consolidating expertise into a wide range of complementary competences, and three successful rounds of investment is allowing the company to pursue ambitious global expansion plans.
To find out more visit www.nexiot.ch