H&D Wireless extends its partnership with Scania through an additional installation of the GEPS indoor positioning system for Scania's Smart Factory Lab concept in Södertälje. This order means that H&D Wireless can demonstrate additional services in its concept of flow and workflow directly in the Smart Factory Lab facility.
H&D Wireless proprietary solution GEPS for Industry (Griffin Enterprise Positioning Services) enables a higher level of automation for manufacturing enterprises. The system enables digitization and visualization of physical processes, using radio positioning and artificial intelligence (AI) to identify and track management of materials, production bottlenecks, utilization rate of resources and unexpected machine interruptions, etc. The purpose is to lower manufacturing costs, reducing lead times and working capital.
"We are much pleased with Scania's continued trust in our offering, which enables us to further develop and demonstrate the value of the GEPS system and the services it provides," says Pär Bergsten, CEO, H&D Wireless.
"We are very satisfied with our collaboration with H&D Wireless, and because the newly established Smart Factory Lab is closely aligned with regular production this will be a convenient source of inspiration for our production and logistics managers," says Lars Hanson, Project Manager, Smart Factory Lab, Scania.
This information is such information that H&D Wireless AB is required to disclose under the EU market abuse regulation. The information was provided, through the above contact person, for publication 08:00am CET on 2nd Oct 2018.
About H&D Wireless:
H&D Wireless is a Swedish supplier of technology and services within Internet of Things (IoT) and realtime positioning (RTLS+GPS) with the Cloud platforms Griffin and GEPS. H&D Wireless was founded in 2009 and is among Sweden's fastest growing and most decorated IoT companies, with more than 1 Million wireless products shipped to date for IoT, M2M solutions across the globe. The company develops and supplies solutions for digitalization and optimization of physical industry processes through Griffin Enterprise Positioning Service (GEPS ™) with built in artificial intelligence (AI), targeting Industry 4.0 and Smart factory applications. On December 22nd, 2017, H&D Wireless was listed on Nasdaq First North.