Paragon-ID expanded its position in the RFID market by acquiring the intellectual property rights to the asset traceability and utilization software known as RFID Discovery, developed by Paragon-ID PLC. As part of this acquisition, any enquiries for Paragon-ID can be directed to the team at RFID discovery by clicking here.
The RFID Discovery product is a complete asset management solution that uses a range of advanced IOT technologies to track people, assets and inventory enabling clients to improve efficiency, profitability and safety.
The RFID Discovery package offers a one size fits all solution to enable data collection and analysis, suitable for SME’s through to larger organizations, providing insights into asset management, manufacturing and logistics processes.
Uniquely, RFID Discovery boasts cross-reader interfaces for all the main IOT hardware manufacturers and also provides a flexible self-issuance system to print and encode tags on demand. It enables effective large-scale track and trace deployments in aerospace, manufacturing and retail verticals, allowing a quick deployment with an accelerated return on investment.
RFID Discovery is successfully being used by many healthcare organisations and NHS trusts to tag a variety of mobile assets including infusion pumps, syringe drivers, scanners and monitors to considerably improve asset visibility and utilisation to save capital expenditure. Paragon ID will continue to provide on-going support for this extensive customer base in the Healthcare arena.
This acquisition strengthens the position of the Paragon ID as an expert integrator across the range of IOT technologies including NFC, RAIN RFID, Bluetooth and Active tracking technologies.
Andrew Jones, General Manager, Paragon ID UK commented “Paragon ID is always looking to deliver better solutions to our customers and really help them understand and improve their processes. RFID is a fantastic technology to deliver this and the RFID Discovery platform now gives us the ability to enhance customers’ visibility of their assets and processes and to optimise management of their investments.”