Tracktio Acquisition Enhances RFiD Discovery’s Industrial IoT and RTLS Tracking Solutions Growth

Paragon ID will take over Tracktio, a Spanish provider of asset and people tracking solutions specifically designed for industries operating in complex and hazardous environments. This acquisition will enable RFiD Discovery to strengthen its offerings in serving industrial markets.

Headquartered in Barcelona, Spain, Tracktio was founded in 2015 and is focused on developing tracking solutions to improve logistics, productivity, and safety in operationally complex industries such as manufacturing, logistics, construction, oil and gas, mining, and warehousing.

The company’s software platform, TrackSphere integrates major tracking technologies providing complete solutions for a wide range of applications and business challenges including geofencing, asset tracking, production monitoring, operational maintenance, lone worker supervision as well as overall workers’ health and safety.

It provides a comprehensive API for easy integration with clients’ existing software systems like ERP, MES, WMS, GIS, and others. Partners and customers can also develop their own reports and dashboards leveraging the TrackSphere API.

The company supplies its solutions directly to clients as well as through a network of partners in over 20 countries.