Ynvisible and Hive-Zox partner to launch innovative smart label for real-time monitoring of pharma products
Ynvisible Interactive Inc, a leading provider of printed low-power e-paper display products headquartered in Vancouver, Canada, has announced a strategic collaboration with Hive-Zox, a Swiss-based company providing supply-chain digitalisation solutions for visibility and real-time monitoring.
Ynvisible’s printed e-paper displays will be integrated into a compact smart label designed to monitor pharmaceutical and healthcare shipments. Hive-Zox expects the solution to scale to over 1 million units per year.
Transforming Supply Chain Monitoring
Hive-Zox offers connected monitoring as a service (cMaaS), a complete real-time visibility platform for global supply chains, from end-to-end, at product level. Hive-Zox has recently announced a new smart label product, the ConnectedLabel, through which they provide a cost-effective automated monitoring solution of pharmaceutical and healthcare shipments and delivery.
For this product, Hive-Zox was searching for a compact, ultra-thin, highly flexible display to seamlessly integrate into their advanced tracking labels. Ynvisible’s cutting-edge printed e-paper displays perfectly met the customer’s needs because they are slim, ultra-low power and reflective, serving as a dynamic interface and delivering real-time feedback, without escalating costs.
"When designing our ConnectedLabel, low power consumption, thinness and cost were all crucial factors for achieving a truly long-lasting smart label. Ynvisible's leading role in innovative e-paper displays made them the ideal partner for us. We have established a strong partnership and look forward to building on it in the future," says Charles Bourbonnais, CEO and Founder of Hive-Zox.
Integration of e-paper displays into supply chain real-time monitoring
"In the demanding fields of pharmaceutical and healthcare delivery, maintaining optimal environmental conditions is vital for product safety. This smart label innovation takes cold chain logistics into a more sophisticated, data-driven era of real-time monitoring and control," says Diogo Cunha, Business Development Associate of Ynvisible.
The integration of Ynvisible’s printed e-paper displays into supply chain real-time monitoring solutions is a good example of a promising application for using Ynvisible’s displays in smart label applications. Printed e-paper displays can visually convey critical information, in real time, and are a more convenient, accurate and user-friendly solution than current analogue solutions, while being highly energy efficient and more sustainable than other competing digital solutions. In addition to emitting visual alerts when a product is exposed to certain conditions during transport and logistics, other applications for smart labels include showing real-time product information and product usage conditions, in markets including Retail, Supply Chain and Logistics, and Medical and Pharma. The estimated near-term market potential for Ynvisible's displays in smart labels is, therefore, significant, serving a wide range of industries that demand simple and energy-efficient visual interfaces.
About Hive-Zox
Hive-Zox, headquartered in Renens (Switzerland), offers connected Monitoring as a Service (cMaaS), a complete real-time visibility platform for global supply chains, from end-to-end, at product level; tracking, identifying, and monitoring environmental conditions of transportation and storage from first mile to last mile and everything in between, 24/7. Hiv Zox’s cMaaS is a full stack solution incorporating next generation mobile-IoT networks to offer an automated and seamless approach to monitoring products and shipments. An all-inclusive, low cost solution that provides immediate actionable information to help clients reduce costs, reduce waste, guarantee products, and ensure public safety.
About Ynvisible
Headquartered in Vancouver, Canada, Ynvisible was founded in 2010 and is a publicly traded company on the Toronto Stock Exchange. Its team of 35 employees, working either from one of its offices in Canada, Portugal, Germany, Sweden or remotely, serve customers around the world. Ynvisible is disrupting the low-cost and ultra-low-power display industry by leveraging the latest advantages in sustainable electronics and roll-to-roll printing production. The company’s printed e-paper displays are ideal for low power and cost-sensitive applications such as digital signage, smart monitoring labels for supply chain and logistics, indicators for medical and diagnostics and retail labels and signage. Ynvisible has the experience, know-how and intellectual property in electrochromic materials, inks and systems and offers a mix of services, materials and technology to brand owners developing smart objects and IoT products.
Caption: Printed e-paper displays can visually convey critical information, in real time, and are a more convenient, accurate and user-friendly solution than current analogue solutions, while being highly energy efficient and more sustainable than other competing digital solutions. (Image source: Ynvisible)