by Brianna Crandall — September 12, 2018 — Locix, the Silicon-Valley-based next-generation innovator in the scalable collection and analysis of unique and actionable data for autonomous buildings, has now launched out of “stealth mode” and unveiled what it calls a first-of-its-kind core agile platform that digitizes physical space through spatial, visual and sensor data. Locix’s cloud-based solutions are designed to provide unprecedented visibility and access to the full perimeter and entirety of a space, activating streamlined decision-making and problem-solving.
Locix technology enables remote monitoring solutions. Using the Locix HD Visual Sensor combined with analytics, the Locix solution can automate day-to-day tasks in many fields, proactively alert employees to unexpected events, and monitor changes to space over time. Locix’s cloud-based API enables the Visual Sensor solution to be integrated into existing applications and services, or be used as a standalone offering for a variety of purpose-built applications, such as construction site monitoring, warehouse monitoring (view and analyze space utilization, safety compliance and security); greenhouse monitoring; and expanded visual surveillance (supplementing existing coverage or extending coverage to areas such as building exteriors and parking lots).
Warehouses and logistics
The new solution focuses on warehouse applications, although the technology extends to commercial buildings, factories, residential, retail and hospitals, as well as other areas.
As e-commerce continues to rapidly expand and evolve, customer expectations for faster delivery times require warehouse and logistics providers to dramatically change how they operate. These market shifts, according to Arizona State University’s Warehouse of the Future report, are causing an explosion in the number of warehouses, a migration of warehouses and fulfillment centers to expensive urban locations, and increased pressures on labor forces, transportation and real estate costs.
The key to increasing the velocity of e-commerce while counteracting the increase in operating costs is to build smarter infrastructure that responds dynamically to changing demands, says Locix. The company’s solutions address this emerging need through the automated, scalable collection of data and, more importantly, the right kind of actionable data to drastically increase visibility, productivity and efficiency in warehouse and logistics operations.
Leveraging its patented technologies, Locix says it is revolutionizing how visual (images and video), spatial (indoor localization) and sensor data is collected, providing the accurate, contextual data needed to have maximum impact on warehouse and logistics operations.
The Locix solution digitizes physical space and assets to track space utilization, monitor assets, remotely monitor and secure areas, and more. In addition to warehouses, the technology extends to commercial buildings, factories, residential, retail, hospitals and more. The solution includes:
- Locix Visual Sensor: Scalable, wireless, low-power sensor captures high-definition (HD) imagery and videos from inside and outside facilities, requiring minimal equipment, infrastructure and network bandwidth, and installation, with maximum visibility.
- Local Positioning System (LPS): With high precision and reliability, LPS offers sub-meter accurate three-dimensional (3D) location tracking in indoor and outdoor facilities, through advanced Wi-Fi technology and proprietary algorithms, overcoming non-line-of-sight constraints and multi-path reflections.
- Locix Cloud: Open API integrations with deep analytics and machine learning tools are used to analyze visual and spatial data and address logistics challenges in real time.
Locix has successfully completed its Series B funding led by Murata Manufacturing. The company has so far raised funding with participation from ID Ventures, University of Tokyo Edge Capital, NTT Docomo Ventures, Acer Inc., iRobot Corp., Yaskawa Information Systems, Yaskawa Electric Corporation and Sumitomo Corporation of Americas. Locix will use the recent funding to commercialize and scale its solutions.
Vik Pavate, CEO, Locix, remarked:
The funding led by Murata allows us to accelerate our development, go-to-market strategy and commercially realize this vision — to digitize physical space and allow our customers’ buildings, including warehouses, to be fully realized as strategic assets, and not cost centers. Without access to the collection of high-quality visual and precise localization data and advanced analytics, warehouses will be unable to meet consumer demands in the exploding e-commerce market. Our solutions will directly address this and give logistics operations the necessary tools to make the swiftest and most effective decisions moment-by-moment.
Locix joins Prologis at Logis-Tech 2018
Locix will join logistics real estate leader Prologis to jointly showcase first-of-its-kind technology and solutions at the Logis-Tech 2018, tradeshow in Tokyo, September 11-14. Locix’s wireless visual sensor systems have already been deployed at a Prologis distribution center in Ichikawa, Japan, just outside Tokyo. The Locix-enabled smart truck-berth uses machine learning analytics to enable real-time warehouse dock insight, intelligent truck docking and routing. The same visual platform can be used for visual space utilization and forensic analysis. Locix will also showcase its breakthrough Wi-Fi-based Local Positioning System (LPS), with sub-meter accuracy in complex indoor environments, to enable asset tracking and asset utilization.
For more information about Locix digitization and monitoring technology for property and assets, visit the company’s website.