Konvoy Group Revolutionizes the Keg Industry With World First Tracking Technology
Today at Sigfox Connect 2020, the largest IoT showroom, Konvoy Group, an Australian keg rental solution provider for the beverage industry, announced a world first with the deployment of their keg tracking and monitoring IoT solution across their 70,000-strong fleet of kegs in Australia and New Zealand.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201119005088/en/
The Konvoy team (Photo: Sigfox)
The beacon technology allows Konvoy Group and its customers to reduce keg losses, while maximizing the use of its keg fleet. To roll out this world's first large scale connected beer-keg solution, Konvoy is leveraging Thinxtra’s Sigfox 0G network.
Konvoy’s ambition was to make keg supply chain management easier, with one of the main challenges a lack of visibility of its fleet. Although scanning technology (RFID, barcodes and QR codes) was an important step in keg location, scans were often missed, resulting in lost kegs and incomplete tracking data.
To address the problem of lost kegs, protect their customers’ bottom line and differentiate themselves in the keg rental market, Konvoy partnered with Thinxtra, The IoT Telco and with UnaBiz, the customized IoT solution provider, to develop an innovative purpose-fit tracking and monitoring solution. The solution runs on Sigfox global 0G network which is owned and operated by Thinxtra in Australia and New Zealand.
“When we first met Thinxtra, we already had a precise idea of what we were looking for. The solution needed to be robust, low-cost and last a minimum of five years. More than anything, we wanted to offer real-time information and high-visibility to producers and keg rental companies on their keg fleet and enable them to not only reduce loss but also optimize keg use,” explains Adam Trippe-Smith, Founder & Managing Director at Konvoy Group.
Konvoy worked closely with UnaBiz to design and manufacture a full-fledged Sigfox-enabled tracking solution that makes operational and economic sense. "Konvoy’s go-to-market urgency was a challenge” said Philippe Chiu, CTO and Co-Founder of UnaBiz. “As a complete IoT business solution provider, on top of hardware development and mass production, we knew it was important to make the solution and data accessible to Konvoy as soon as possible. To value-add to hardware, the team also created a mobile application Konvoy and its partners now use throughout the chain for provisioning and pairing the beacon and kegs to accelerate the deployment of Kegfox. The ease of use and access to live location data is what will help Konvoy define its position in the keg rental market.”
Konvoy’s Kegfox beacon, a battery-powered passive tracking device, is programmed to send location data to Konvoy via Thinxtra’s Sigfox 0G network at regular intervals or upon specific events. Thanks to the low-power consumption of the 0G network, the beacon can last up to 7 years transmitting location and temperature information several times a day without the need for frequent maintenance. On top of tracking, an accelerometer was also built-in with algorithms to detect different types of movement throughout the keg’s lifecycle, such as when the kegs are moved or cleaned.
Konvoy Group knows its Kegfox beacon technology may offer significant benefits to other keg owners so as of 2021 the company’s new business division, Katch Asset Tracking, will offer solutions to other keg owners globally.
This will allow all keg owners to track the real time location of kegs to ensure efficient keg collection.
A keg is normally used around three to four times per year. This solution gives Konvoy Group’s rental business along with other kegs owners the opportunity to optimize existing assets and use kegs more times per year.
Additionally, the Kegfox beacon enables Konvoy’s customers including well-known craft breweries Moon Dog, Fixation, Parrot Dog and Hawkers to monitor the temperature of kegs, ensuring their beverages meet quality guidelines.
“While we focused initially on tracking, this solution has given us the opportunity to also monitor the kegs’ temperature. Because most of the producers have unpasteurized beverages, leaving a keg at too high a temperature actually spoils the product. Being able to send an alert to our customer saying their keg has been transported at the right temperature is an important benefit for them.” adds Adam Trippe-Smith.
Today, Konvoy already has over 200 keg rental customers and has already fitted 20,000 devices on its own kegs and is expecting to equip 95% of its fleet in Australia and New Zealand by the end of the year.
"We are passionate about accelerating the adoption of mass IoT for asset tracking and monitoring, such as beer-kegs, in the supply chain to achieve greater efficiencies and value for customers. Our job is to make sure they are connecting anywhere in Australia and New Zealand. It is fantastic to see Konvoy scaling so fast and even expand globally. It is a great example of what can be achieved today in short timeframes. We see the wider industry adopting IoT solutions more and more as customers simply demand the visibility and efficiency outcomes that can be achieved." says Anthony Stewart, GM Sales ANZ at Thinxtra.
"Once again,the global Sigfox0G network helps clients across the globe to meet the demand for both innovative and affordable connectivity solutions. It is the perfect match for the exciting field of keg tracking and monitoring. Konvoy demonstrates that by being now able to differentiate its offer and provide a unique technological solution revolutionizing keg supply chain management," explains Ian Terblanche, Senior Vice President of Global Sales at Sigfox.
Konvoy Group formed in 2019 to provide a simple keg rental solution for the beverage industry. Konvoy Group launched its first business, Konvoy Keg Rentals, in October 2019. Since then it has expanded to be the only business in Australian and New Zealand to offer keg rentals, keg servicing and keg tracking. Konvoy Group has three stand-alone businesses: Konvoy Keg Rentals, Keg Services and Katch Asset Tracking.
Thinxtra, The IoT Telco, accelerates business efficiency by connecting assets and making them work smarter. With our partners, Thinxtra delivers fit-for-purpose Internet of Things (IoT) device-to-cloud solutions in ANZ, HK and Macau. Born in IoT, we are passionate about contributing to a profitable and sustainable future through large-scale operational efficiencies. Our customers benefit from new business models, better customer experiences and higher asset utilization. We know how IoT creates real business value and we know how to deliver it through market leading local IoT expertise with global reach to the world’s largest 0G network, powered by Sigfox technology and spanning 70+ countries. Visit thinxtra.com.
Sigfox is the initiator of the 0G network and the world’s leading IoT (Internet of Things) service provider. Its global network allows billions of devices to connect to the Internet, in a straightforward way, while consuming as little energy as possible. Sigfox’s unique approach to device-to-cloud communications addresses the three greatest barriers to global IoT adoption: cost, energy consumption and global scalability.
Today, the network is available in 72 countries, with 1.3 billion people covered. ISO 9001 certified and surrounded by a large ecosystem of partners and IoT key players, Sigfox empowers companies to move their business model towards more digital services, in key areas such as Asset Tracking and Supply Chain. Founded in 2010 by Ludovic Le Moan and Christophe Fourtet, the company is headquartered in France and has offices in Madrid, Munich, Boston, Dallas, Dubai, Singapore, Sao Paulo and Tokyo.
UnaBiz is an end-to-end Internet of Things (IoT) solutions company and the first IoT dedicated network operator to roll out a nationwide network in Asia. UnaBiz envisions a closely connected world powered by simple lightweight solutions that can help every person and every organization on the planet live smarter, simpler. The company’s mission is to enable massive IoT with affordable, energy efficient, and easy to deploy solutions in key verticals such as aerospace, facilities management, F&B, healthcare, logistics, supply chain, and smart cities. UnaBiz raised more than US$10 million in its Series A funding in 2018.
Peter Brookes, Citadel-MAGNUS
+61 407 911 389
Antoine Mège, PR & Content Manager
Ursula Dauenhauer, Go To Market Lead
Shuhui Fu, Head of Communications
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
H.I.G. Capital Closes H.I.G. Europe Capital Partners III at €1.1 Billion24.11.2020 10:00:00 CET | Press release
H.I.G. Capital (“H.I.G.”), a leading global alternative asset management firm with $42 billion of equity capital under management, is pleased to announce the closing of its third European Lower Middle Market Fund, H.I.G. Europe Capital Partners III (the “Fund”). The Fund closed with aggregate capital commitments of €1.1 billion, exceeding its target. The Fund will continue the successful strategy of its two predecessor funds, by making private equity investments in lower middle market companies, primarily in Western Europe. Sami Mnaymneh and Tony Tamer, H.I.G. Co-Founders and Co-CEOs, commented: “We are delighted with the continued support from our limited partner base, which reflects their confidence in the capability of our European team and our differentiated investment approach.” Wolfgang Biedermann, Head of H.I.G. Europe Buyouts, added: “The team is excited to build upon H.I.G.’s successful European lower middle market strategy. The current economic environment in Europe leaves us
FERI Group and Target Global Join Forces for New Growth Fund24.11.2020 09:00:00 CET | Press release
The Bad Homburg-based FERI Group is cooperating with Target Global in the management and placement of a new growth fund. The two companies will work together in the selection of target investments and the placement of this new alternative investment fund for growth capital. This cooperation between one of the leading investment houses in the German-speaking region and one of the most active European venture capital investment companies is the first of its kind. The new Target Global Growth Fund offers investment opportunities in selected growth companies to semi-professional and professional investors. The fund will invest in start-ups with strong growth potential that offer digital products and services in typical European industries for large and preferably global markets – mainly market platforms, Fintechs and service software providers. The fund's investment focus is on companies in early and mid growth phases with valuations in excess of EUR 50 million. "The fund opens up new inve
Exclusive Networks Acquires Nuaware to Accelerate Cloud and DevOps Opportunities for Channel and Vendor Partners24.11.2020 09:00:00 CET | Press release
Exclusive Networks today announced the acquisition of Nuaware, a hyper growth, born-in-the-cloud distributor at the bleeding edge of cloud, DevSecOps and containerisation. The move adds immediate global scale and services capability to the Nuaware proposition and portfolio, while enabling Exclusive Networks, its vendors and partner community with a unique skill set for capitalising on immense demand shifts brought about by digital transformation. Jesper Trolle, CEO at Exclusive Networks said: "DevOps tool chains, containers and the emergence of DevSecOps are specialist areas where Nuaware has carved a truly unique niche in distribution. This acquisition puts us where we want to be in this space, giving our partners a readymade on-ramp into new high-growth opportunities. Large vendors being drawn to these markets are seeking turnkey channel solutions, and their established partner ecosystems have technical skills gaps that demand credible support. We can now meet these kinds of challeng
Aker BP and Cognite Pioneer Robotics Deployment Offshore to Transform Oil and Gas Industry with Autonomous Mission24.11.2020 09:00:00 CET | Press release
Cognitea global industrial AI software-as-a-service (SaaS) company supporting the full-scale digital transformation of heavy-asset industries around the world, has partnered with fully-fledged exploration and production company Aker BP to deploy Spot, the quadruped robotic dog, to pioneer the remote controlled offshore mission on the Skarv installation, 210 kilometers offshore in the North Sea. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201124005292/en/ Cognite Data Fusion powers Spot, the Boston Dynamics quadruped robot dog, as it completes autonomous mission onboard Aker BP Skarv installation in the North Sea (Photo: Business Wire) The effort continues to build upon Aker BP and Cognite’s bold digital agenda to transform the industry through digitalization, which will result in improved efficiency, safety, and sustainability offshore. This recent endeavor signals a significant opportunity to transform the oil and gas in
beCloud Selects P.I. Works to Drive Automation of its Nationwide Multi-Operator and Multi-Vendor LTE Network24.11.2020 06:00:00 CET | Press release
beCloud, Belarus’ telecommunications infrastructure and service provider, has selected P.I. Works’ cutting-edge network management solutions to drive the automation and proactive monitoring of its multi-operator and multi-vendor 4G network. The deployment has been initiated and will oversee the installation of P.I. Works’ next-generation automation and analytics products, EXA and VantagePM, to enable AI-powered network automation for 24/7 optimization across the operator’s networks. EXA, which runs on the P.I. Works EVO Platform™, will empower beCloud to automatically manage its traffic load, identify cross connection problems without visiting the sites and maximize 4G coverage using existing resources. VantagePM, on the other hand, will enable beCloud to gauge insights into different operator users, monitor individual operator service quality levels, perform rigorous anomaly detection and implement easy-to-use interactive dashboards. To deliver this, P.I. Works utilizes PLMN (network
Global Superstars BTS Team Up With Iconic MapleStory Games in Brand New Collaboration24.11.2020 04:00:00 CET | Press release
Nexon America Inc.: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201123006306/en/ MS x BTS Collab Logo (Graphic: Business Wire) WHAT: Today, Nexon announced a collaboration with global record-breaking pop superstars, BTS with the iconic MMORPG IP, MapleStory coming soon. Leading up to the in-game collaboration inMapleStory and MapleStory M, players will be treated to three behind the scenes videos surrounding the MapleStory X BTS collaboration with one new video releasing each week beginning on November 25 via MapleStory’s YouTube channel at youtube.com/MapleStory. The video content will feature BTS sharing their journey growing up with MapleStory through childhood and their fondness for the game. More details on the collaboration will be announced. To stay up to date on the MapleStory X BTS collaboration, visit maplestory.com/maplestoryxbts and follow @maplestory and @playmaplem on Twitter. WHO: MapleStory & MapleStory M
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom