We’re thrilled to announce that our improved tool & equipment tracker, the ONE-KEY™ Bluetooth® Tracking Tag, has been honored at the recent Chicago Innovation Awards.
The annual Chicago Innovation Awards represent the Chicago region's foremost recognition of the most innovative new products or services brought to market each year. Of the 365 organizations that submitted innovations for this award program, only 20 are honored with the award.
Members of the One-Key team, as well as team members representing our engineering team from our new technology office in Chicago (who played an instrumental technical role in bringing this product to market), were in attendance at this ceremony.
The Internet of Things (IoT) is common worldwide, no longer the “next big thing,” though it has only recently started to make an impact on the construction industry. A recent study revealed companies’ losses from theft are between 300 million and 1 billion dollars annually. The Commercial Construction Index reported that 70% of contractors believe the ability to track materials and tools on the jobsite will improve productivity. The need to know where things are is of critical importance. Effective inventory tracking and management capabilities are necessary to prevent construction downtime and increase productivity.
As technology has disrupted the equipment tracking space, the features available in a Bluetooth Tag have greatly expanded. The recently announced, vastly improved One-Key Bluetooth Tracking Tag is worlds’ apart from the TICK™ Tool & Equipment Tracker that preceded it, released all the way back in 2017 on the One-Key network, when equipment tracking was far less sophisticated.
Furthermore, the One-Key Bluetooth Tracking Tag, released last November, disrupts not only the construction technology landscape, but also, its embedded equipment tracking technology is useful across a wide variety of industries, bringing construction-grade durability to a multitude of applications.
The tracker allows users add any product to a digital inventory allowing them to track what matters most via computer, iPad, or smartphone. This Tag is the most complete Bluetooth tool and equipment tracker on the market, and it’s backed by our free-to-use One-Key app, the construction industry’s largest crowd-sourced Bluetooth tracking network. By leveraging the One-Key network and Bluetooth technology, the Tag provides accurate information on the last seen date, time, and location of a tool when within 300ft of any One-Key-enabled device, and offers additional key features that can help users manage their inventory. The One-Key app doesn’t only keep track of the asset’s last known location but also has a 30-day history of everywhere it has been seen by anyone in the One-Key tracking community.
Examples of noteworthy improvements include an accelerometer, offering the ability to see when an item was last used/moved; near-field communication and a heavy-duty external QR code for a faster 2-step activation process, to name just a few.
We’re thrilled that the judges of the Chicago Innovation Awards have recognized our new Bluetooth tracking tag.
General guidelines to improve tool tracking: