Visionstate’s Wanda IoT Solution to Be Enhanced by New RFID Technology

Visionstate Corp. has sold an application for RFID technology (Radio Frequency Identification), which will be leveraged to enhance the growing suite of products under the Wanda smart technology platform, to a company in the oil and gas sector.

The RFID solution provides a company that rents equipment in the oil and gas sector with an ability to track and streamline inventory and product movement. Each product is tagged with an RFID tag and can be tracked using RFID readers as it enters and exits defined areas such as warehouses or supply rooms.

Visionstate’s oil and gas client was challenged by the number of products travelling in and out of the main warehouse, especially since the product is rented to customers in remote locations. The RFID application addresses this problem by tagging products and tracking them through the sales cycle. This has improved inventory management and provides more accurate data for billing purposes based on the length of time the product was rented.