With ODIN's depth of experience with passive RFID and Savi's two decades of experience with active RFID, together we can bring the best of both worlds to improve the visibility of all kinds of supply chain assets and asset management performance,
Orlando, FL (PRWEB) April 15, 2010
Savi and ODIN, two of the world's leading providers of Radio Frequency Identification (RFID) solutions, today announced that they are partnering to offer the industry's first and most comprehensive software platform leveraging both passive and active RFID technologies. The fully integrated solution will broaden and enrich customers' ability to track and manage in real-time their items, supply chain assets and transport conveyances such as containers and vehicles. The announcement was made here today at the opening of the annual RFID Journal Live! conference.
The companies have joined forces to develop the latest generation of RFID software that will exploit the full range of RFID and related Automatic Identification and Data Capture (AIDC) technologies. The solution is architected to benefit customers in the Aerospace and Defense, Government, Manufacturing, Healthcare and IT Services industries. Drawing on the deep experience of Lockheed Martin's [NYSE: LMT] Savi in active, battery-powered RFID and ODIN's expertise in passive RFID, the solution will enhance supply chain performance, efficiency and security within the four walls of facilities as well as throughout extended supply chains. The two companies have a combined global experience on every continent encompassing more than 500 successful RFID projects.
"With ODIN's depth of experience with passive RFID and Savi's two decades of experience with active RFID, together we can bring the best of both worlds to improve the visibility of all kinds of supply chain assets and asset management performance, " said David Stephens, CEO of Savi Technology.
"With Savi and ODIN seamlessly integrating our respective solutions, we can bring a single off-the-shelf solution with near perfect accuracy," said Patrick J. Sweeney II, founder of ODIN.
Both Stephens and Sweeney emphasized that many of their existing clients in Aerospace, Defense and Healthcare have asked for a unified active-passive RFID software platform for multiple uses, ranging from tool tracking to work-in-process.
The Savi-ODIN offering will combine Savi's active RFID SmartChain® software suite and ODIN's EasyEdge™ for passive RFID devices to automate the collection of passive and active RFID data onto a single platform. Unlike other componentized solutions requiring complex hardware and software integration, the SmartChain suite will be available with seamless modules that significantly reduce the time, effort and costs of implementing and utilizing software powered with real-time RFID information.
Further, SmartChain will be able to better track and manage IT assets and medical supplies, as well as help improve the performance of complex pick-and-pack and kitting functions. At the same time, SmartChain will function as a system of record that provides status alerts and detailed reports on passive RFID-tagged items such as laptops, medical equipment and kits consisting of manufactured parts. Automating the management of these assets with the Savi-ODIN module will help reduce asset shrinkage, as well as costs associated with manual tracking of assets.
As a wholly owned subsidiary of Lockheed Martin Savi is a leading provider of supply chain information and technology solutions and services. These capabilities include real-time solutions based on active Radio Frequency Identification (RFID) and other Automatic Identification and Data Capture technologies that improve the visibility, management and security of supply chain assets, shipments and consignments. For more information, visit http://www.savi.com.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2009 sales of $45.2 billion.
ODIN is the leader in packaged RFID solutions for healthcare, aerospace, financial services, and government agencies. Global corporations on five continents leverage ODIN's expert engineers and patented RFID software and monitoring tools to achieve accuracy, speed, and visibility for their RFID deployments. In addition to packaged solutions, implementations, and engineering, ODIN publishes the RFID Benchmark Series™, the industry's first and most referenced head-to-head performance analysis of RFID equipment. ODIN's RFID optimization software EasyRFID™ has been successfully used at dozens of companies across more than 265 sites worldwide to ensure accurate and scalable RFID implementations. ODIN serves clients from offices in Ashburn, Virginia; Dublin, Ireland; and Budapest, Hungary. http://www.ODINtechnologies.com
For Savi: Mark Nelson; (650) 316-4872
For ODIN: Bret Kinsella; (703) 968-0000
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