Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for the logistics sector. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. This time, we are taking a look at 4 promising warehouse navigation & positioning startups.
Heat Map: 4 Top Warehouse Navigation & Positioning Startups
For our 4 top picks, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Global Startup Heat Map below highlights 4 interesting examples out of 70 relevant solutions. Depending on your specific needs, your top picks might look entirely different.
Leantegra – Indoor Asset Tracking
One of the challenges that companies face in warehouses is to locate a specific asset. Therefore, solutions that provide real-time monitoring of the location of equipment and vehicles are necessary. These solutions improve productivity by reducing the time required to find the tools and equipment while also lowering costs.
The US-based startup Leantegra provides a hardware-agnostic platform with a real-time location system (RTLS) to automatically identify and track the location of assets. The software platform integrates with Leantegra’s proprietary hardware and third-party hardware. It supports algorithms for zone tracking, multilateration, pedestrian dead reckoning, and map matching.
Sevensense – Mobile Robots
Autonomous mobile robots (AMR) are now a common feature in warehouses and transport materials and goods. A prerequisite for their design is the ability to navigate without collisions. Solutions that bring localization and navigation to AMRs prevent accidents.
The Swiss startup Sevensense offers automation solutions for mobile robots. They use artificial intelligence (AI), computer vision, and sensors to map the environment and help robots localize and navigate in the dynamic indoor environment. Advanced motion sensors additionally prevent collisions with both static and dynamic obstacles.
IndoorAtlas – Scalable Indoor Positioning
Indoor positioning systems use different technologies, such as magnetic positioning or radio-frequency identification (RFID). However, these technologies are limited in accuracy and scalability. Solutions that combine multiple technologies to provide services to meet the particular demands overcome these shortcomings.
The Finland-based IndoorAtlas develops a patented magnetic technology that uses magnets in smartphones for indoor positioning and navigation. Their software framework integrates with other technologies such as inertial navigation, beacon positioning, and Wi-Fi positioning. It analyzes more data than conventional methods and is accurate to the last meter.
IndoorNavi – Personnel Safety
In a warehouse environment, personnel tracking provides valuable data to increase efficiency and reduce costs. Companies track and monitor the performance of personnel to extract vital data that enables them to improve processes and safety procedures.
IndoorNavi is a Poland-based startup that designs hardware integrated system solutions for monitoring and navigation inside the warehouse. Their proprietary sensor tags track the employees and guests to increase workplace safety and identify incidences of falls or accidents. Their systems provide a precise location and the fastest route to reach the site of incidence.
What About The Other 66 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 4 warehouse navigation and positioning startups showcased above are promising examples out of 70 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.