SML, a global leader in retail RFID technology and solutions, and PervasID, the company providing innovative, high-accuracy UHF Radio Frequency Identification (RFID) reader systems for automating inventory and asset tracking, today announced an exclusive partnership for the retail sector. The two companies will work together to deliver a unique combination of PervasID’s passive RFID reader technology and SML’s Clarity™ enterprise software solutions to drive higher profits for retailers.
“As the Retail RFID market continues to demand innovations to serve customers more effectively, we see a growing synergy between hands-free and handheld RFID solutions in stores and distribution centers and we see PervasID’s technology leading this innovation,” said Dean Frew, SML CTO.
“With the adoption of item-level RFID solutions rapidly growing and with a large portion of those retailers running on our Clarity application platform, we see the addition of the disruptive PervasID technology to our portfolio as being a key part of servicing our customers with enhanced returns on investments.”
Dr Sabesan Sithamparanathan, PervasID founder and CEO, said: “We are delighted to be combining our innovative technology with SML’s solutions, global network and scale to help bring these innovations to retailers around the globe.
“The biggest single challenge for all sizes and types of retailers is how to accurately and cost-effectively manage products inside their stores. The combination of the offerings from our two companies delivers unparalleled hands-free, real-time visibility capabilities.
“The results drive tangible improvements to the bottom line in the form of reduced losses, but also stock management and insights and more efficient e-commerce picking and packing and we’re excited to see the response from retailers.”
About SMLWith a presence in over 20 countries, SML Group is the global end-to-end RFID and brand identification solutions provider, delivering proven results and rapid ROIs to brands in the new era of retailing. We offer innovative Inspire™ and EcoInspire™ labelling and packaging products, high- performance RFID tags and encoding services across industries. Our proprietary software Clarity® is the market-leading item-level RFID solution that is engineered and deployment-proven for vertical retailers and brand owners with stores. As an invaluable partner of brands, SML is committed to developing tech-driven solutions that power brand transformation and prosperity.
About PervasID PervasID is a fast-growing technology company that designs and supplies world-leading, passive (battery-free) RFID fixed reader systems for automating inventory tracking, stock taking and asset management processes. PervasID patented products are enabling organisations across a wide range of markets to streamline processes by providing unparalleled visibility into goods, assets and people. No other solution on the market today can offer such accuracy, speed and cost effectiveness. For more info visit www.pervasid.com
Source: Story.KISSPR.com
Release ID: 603828