Revolutionary RTLS Technologies Promised to Generate R$10 Billion in Brazil in 2024, Boosting Industry and Construction 5.0.

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Published on 20/08/2024 at 12:02

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Trackfy Technology Projects Revenue of R$ 10 Billion in 2024 with Real-Time Location Solutions, Enhancing Well-Being and Safety in Industry 5.0.

According to a recent study, Trackfy Technology highlights the potential of applying life-saving technologies in industrial plants and construction sites, predicting a revenue of R$10 billion in Brazil by 2024. These advancements aim to enhance safety and well-being, being essential for the evolution of Industry 5.0.

These innovative technologies are pointed out as a promising solution to daily challenges faced in critical industrial sectors. With the adoption of new real-time location tools (RTLS), companies can implement solutions that ensure a safer and more efficient environment, bringing significant impact to the entire production chain.

Technologies for Saving Lives

These technologies are used to save lives in industrial plants and large construction sites, providing for a quick decision-making in risky situations and accidents. ‘This is a technology that aligns with the new concept of Industry 5.0 or even Construction 5.0, where the well-being of the worker is at the center of investments,’ explains Túlio Cerviño, CEO of the company. According to Cerviño, the data is collected from international indicators, from organizations like Global Market Insights, Quupa, and Bluetooth SIG. ‘Based on this information, it is estimated that the global market for real-time location systems (RTLS) has a potential of US$ 22 billion, to be reached by 2026,’ he asserts.

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Expansion of the RTLS Market

Trackfy’s research applies the TAM-SAM-SOM concept. In Total Available Market or Total Market (TAM), the projection reaches R$ 10 billion of potential RTLS in the Brazilian market. Based on this potential, Trackfy has been betting on the expansion of its business – the technology developed by the startup is already present in more than 20 industrial units and construction sites across three states. In summary, Trackfy’s solution consists of the following: signal transmitters are worn on helmets and badges of workers.

Using Internet of Things (IoT) resources, data analysis and algorithms, the technology provides managers with an online analysis of the situation in the work environments. This reduces evacuation time in case of incidents (up to 30% reduction), saving lives. Large corporations in the chemical, agri, steel, mining, construction, and oil sectors already use Trackfy’s technological solution. Additionally, productivity in these operations also increases – customer case studies show an increase of up to 18%.

Impacts of International and Government Indicators

According to Cerviño, in addition to international indicators, particularly in Brazil, Trackfy also considers surveys from the federal government (Ministry of Transport and New Industry Brazil Program), Brazilian Infrastructure Center, Steel Institute, Sebrae, and National Electric Energy Agency (Aneel). Investments in economic activities such as industry, ports, warehouses, and civil works would impact the demand for the RTLS market. ‘The development of the RTLS market is crucial for Brazil to achieve industry/construction 5.0 – which combines the revolution of technologies with the enhancement of the human being, maximizing the work and well-being of workers,’ Cerviño states.

Data Analytics and IoT in the Technological Revolution

‘A solution based on data analytics, digitization, and IoT, which aims, through the provision of data, insights, and real-time indicators, to transform workplaces into safer and more productive environments, places humans at the center of the benefits of its application, as it enhances both the managers’ ability to act and the safety and daily lives of the workers in the field,’ defines Cerviño. Trackfy is a 100% Brazilian company, recognized in the market as one of the most promising in industry management. Founded in 2020 in Salvador, the company has expanded its presence to São Paulo. Between 2021 and 2023, it has maintained a growth rate that doubles its revenue annually, and the projections for the end of 2024 follow the same trend.

Revolutionary RTLS Technologies Promised to Generate R$10 Billion in Brazil in 2024, Boosting Industry and Construction 5.0.

Trackfy Technology Projects Revenue of R$ 10 Billion in 2024 with Real-Time Location Solutions, Enhancing Well-Being and Safety in Industry 5.0.

Technologies for Saving Lives

Expansion of the RTLS Market

Impacts of International and Government Indicators

Data Analytics and IoT in the Technological Revolution

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Revolutionary RTLS Technologies Promised to Generate R$10 Billion in Brazil in 2024, Boosting Industry and Construction 5.0.

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Expansion of the RTLS Market

Impacts of International and Government Indicators

Data Analytics and IoT in the Technological Revolution

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

In Niger, mud buildings have stood for ten generations while the world spends billions on concrete and steel, now African architects are proving at the Venice Biennale and in real projects that red earth can be the smartest and most sustainable building material of the 21st century.

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

Secret chamber sealed 4,500 years ago found in the Pyramid of Khufu, and Hawass announces its opening to the world in 2026

With a wingspan of 152 meters, 76 tires, and a capacity to carry 1,270 tons, the Boeing Pelican was the giant “flying ship” that promised to cross oceans close to the water on an invisible air cushion beneath its wings.

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

Germany installed vertical solar panels on a lake in Bavaria, and the result broke conventional logic: instead of producing energy at midday peak, the plant generates more early in the morning and in the evening, exactly when families turn on appliances and factories are in full swing.

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Route 66 was born when traveling by car was almost a dangerous adventure, became a symbol of American freedom, and still attracts tourists with its cafes, deserts, and hidden stories.

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