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Trackfy Tecnologia predicts that real-time location solutions will generate R$10 billion in 2024, increasing safety and productivity in mining.
A recent study carried out by Trackfy Tecnologia reveals that the real-time location (RTLS) market in the mining sector in Brazil is expected to be worth R$10 billion in 2024. These technologies are essential to increase safety and operational efficiency in mines , ensuring a safer and more productive working environment for workers. In the current context, the application of these solutions has become essential for the evolution of mining sector.
According to the survey, RTLS solutions represent a significant opportunity for the Brazilian market, driving economic growth and providing important technological advances. This type of technology is particularly relevant for preventing accidents, as it allows constant monitoring of operations. In terms of productivity, the benefits are undeniable, but, in any case, it is crucial to adapt such technologies to the specificities of each operation, avoiding waste and ensuring effective use. The applicability of these advances is not 'not applicable', being fundamental for the modernization of operations across the country.
Innovation in Mining: Solutions that Save Lives
These technological solutions are used to save lives in industrial units and large construction sites, as they enable quick decision-making in cases of risks and incidents. This is a solution that is aligned with the new concept of Industry 5.0 and also Construction 5.0, where worker well-being is the main focus of the investments made. Túlio Cerviño, CEO of the company, explains that the number is calculated based on international indicators from entities such as Global Market Insights, Quupa and Bluetooth SIG.
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Industry 5.0: A New Concept of Well-being
Based on these data, it is estimated that the global market for real-time location systems (RTLS) has the potential to reach US$22 billion by 2026. Trackfy's survey uses the TAM-SAM-SOM concept. In the Total Available Market (TAM), the projection for the Brazilian RTLS market reaches R$10 billion in potential. Based on this potential, Trackfy has invested in expanding its business, making its technology present in more than 20 industrial units and construction sites in three states.
How the Trackfy Solution Works
In short, Trackfy's solution consists of signal emitters that are integrated into workers' helmets and badges. With technologies such as the Internet of Things (IoT), data analysis and algorithms, the solution provides managers with a real-time analysis of conditions in work environments. This significantly reduces the time it takes to evacuate areas in the event of an incident – up to a 30% reduction in time – saving lives in the process.
Industries that already use Trackfy Technology
Large corporations in the chemical, agro, steel, mining, construction and oil sectors have already adopted Trackfy's technological solution. In addition to improving security, the solution is also capable of increasing productivity in these locations, with customer examples showing an increase of up to 18%. According to Túlio Cerviño, in addition to international indicators, Trackfy also considers surveys from the Brazilian federal government (Ministry of Transport and Nova Indústria Brasil Program), Brazilian Infrastructure Center, Steel Institute, Sebrae and Aneel.
Vision for the Future with Industry 5.0
Investments in economic activities such as industry, ports, warehouses and civil works indicate a growth in demand for the RTLS market. For Cerviño, the development of this market is crucial for Brazil to reach Industry 5.0 – an era that combines technology revolution with the appreciation of human beings. The proposal is to maximize the performance and well-being of workers. A solution based on data analytics, digitalization and IoT provides real-time data, insights and indicators to make safer and more productive workplaces, improving both management capacity and worker safety.
Trackfy Expansion and Growth
Trackfy is a Brazilian company that has gained a reputation as one of the most promising in industry management. Founded in 2020 in Salvador, the company also expanded to São Paulo and, between 2021 and 2023, it has been doubling its revenue annually. Projections for the end of 2024 indicate the continuation of this growth rate. For more information, visit the official Trackfy website: https://trackfyapp.com.br/.
Source: © TRACKFY Press
