COMPANY PROFILE

 NameGiPStech Srl
 RegionCalabria
StatusStart-up

 
 PROPOSAL 

Titlehybrid geomagnetic indoor positioning services
Project id.12
Reference sectorICT
IP Protection Level5 patents filed: 2 granted, 3 at PCT level
Description of the innovation projectGiPStech has developed and is bringing to market an innovative indoor localization technology (like GPS but inside buildings where GPS does not work) based on the exploitation of the geomagnetic signal as guiding signal along with other technologies. Our core technology fuses input from inertial sensors common on all smartphones to derive localization precise to the meter without infrastructure. The technology is also applicable to custom devices for non-smartphone use cases, and fused with Wi-Fi and Bluetooth technologies.
State of dev.Product
Industrial applicationGiPStech indoor localization technology can be declined in numerous vertical applications for many industries. In every setting where is useful to trace movements of persons or objects with a precision of 1 meter. To date, we have encountered actual interest - and are in fact in talks with relevant international firms - in some sectors: retail (including via telco companies), museums/fairs/public buildings, healthcare, defense, IoT, logistics, industry 4.0.
Market segmentWith the broad industrial application defined above, it is extremely difficult to define specific market segments. What we have found in practice is that our best target at least in this phase of introduction of an innovative technology are firms that are already substantially oriented to innovation or have substantial IT applications.
Advantage factorGiPStech technology is among the few in the world to offer indoor localization that is infrastructure free (nothing to install and maintain) and accurate to the meter. We are the only ones in the world that offer it off-line: the smartphone or other device can locate even without data connectivity.
Commercial challengeRegarding licensing, GiPStech technology can be applied not only to smartphones but to any hardware that is moved together with people (such as handheld devices, forklifts, etc.) or together with objects. The algorithm can easily fit in limited computational power. Creating “dongles” or similar devices to be attached to persons or objects is possible. With such devices, the owner will be able to track position of persons or object within an enclosed space.
Publications and Customer ReferecesMany international scientific publications were made over the years on indoor localization and geomagnetic one in particular. We find useful to cite only the following articles intended for the general public: The Economist: http://www.economist.com/news/technology-quarterly/21567197-navigation-technology-using- satellites-determine-your-position-only-works Don Dodge: http://dondodge.typepad.com/the_next_big_thing/2013/04/why-indoor-location-will-be-bigger- than-gps-or-maps.html