Smart pallets? This is the idea behind the Toulouse-based start-up Ffly4U, which has just announced that it has raised €700,000 thanks to the Irdinnov regional fund. This funding will be used to develop Olivier Pages’ company’s solution, which consists of a management platform of reusable mobile assets and sensitive goods. More precisely, the Ffly4U solution combines low-speed SIGFOX torque transmitters and a web platform designed for asset tracking.
Each transmitter is attached to the asset which is to be tracked (pallet, bin, etc.), while the company claims that the battery will last from 4 to 7 years. These transmitters can track the path of the property (location), but also provide information on other variables such temperature, humidity, motion, noise, etc.
For the moment, Ffly4U is testing its solution in two pilot sites in the metropolitan area of Lyon, but hopes to expand to other sites in France or abroad in 2016. Olivier Pages, the creator of the solution, is no stranger to the world of logistics as he was European Commercial Director for the LPR Group, and had previously created a start-up providing a plastic pallet rental service in 2006.
This new solution proposed by Olivier Pages through Ffly4u fits into the broader context of what is called the IoT: (Internet of Things), a set of broader efforts to expand the use of the Internet to objects in real life. It is easy to imagine how these kinds of initiatives and solutions may change the face of the industry in the medium to long term future.