TrakPoint Solutions is a real-time location technology company that delivers asset tracking as a service with a significant cost advantage through proprietary technological innovation and a multi-industry business strategy. With the most advanced location algorithms and proprietary methodologies, TrakPoint Solutions’ flagship product InsideTrakä combines accuracy and performance with fast and easy location of tagged items. InsideTrak delivers the first guaranteed 100% accuracy performance SLA utilizing a high-tech custom workstation and dashboard viewing accessible by smartphone for admin and users. Using the most advanced RF, machine learning and networking protocols, the company offers superior solutions utilizing proprietary software and firmware with a unique and accurate physical infrastructure backbone.
TrakPoint Solutions enables the accurate tracking and management of multiple locations for assets, supplies, staff members, patients and customers. TrakPoint Solutions' proprietary location network system collects and manages data and is able to view service requirements and provide the support, management and maintenance of the entire system. These unique benefits serve multiple industries and locations with an integrated approach enabling complete management and the ability to build in additional hardware and solutions over time as needs and budgets change.
The number of detectors is critical for accuracy of any indoor location system. InsideTrak’s infrastructure is “Easy Access and Simple Install" (EASI) using proprietary, ultra-low battery powered, wireless communication. With no cabling required, the detection point hardware provides an independent local IoT network with cellular connectivity to the InsideTrak cloud, can be deployed anywhere and does not require any customer network access or WIFI connectivity. The asset tags also have a longer expected life than most items they are tasked to track..
The company's offerings include custom systems for managing assets and individuals to improve efficiency and reduce costs. The company’s SaaS subscription model will be based primarily on a flat fee per square foot for a supported facility without a large capital expenditure upfront or yearly fees for tags. The company supplies the hardware, deploys the system, and doesn’t charge for individual asset tags.
TrakPoint Solutions will initially provide its solutions for the health-care market. RTLS (Real-Time Locating Systems) value proposition is well understood in the hospital market but is poorly served. Currently, the only solutions are based on 25-year
old RF technology and a client-server architecture that requires software and hosting within the hospital IT system. This approach is strongly resisted and regarded as a pure hardware sale with large up-front capital commitments. The deployments of this approach require complicated installation and come with no reliability/accuracy guarantee. TrakPoint Solutions is the only company employing advanced technology, that is designed for ease of use and offers meaningful SLAs on accuracy and reliability.