Technology Trace Inc.

Published purpose

Perform a controlled Beta study at a hospital in collaboration with our prospect customer Baxter. The business problem we are looking to solve is each year, $20B of portable medical device equipment goes missing. Unlike existing commercial methods to locate portable medical device equipment, the scope of our project is to perform a controlled study in collaboration with a Medical Device OEM and a local hospital. The intent of the study will be to further develop the application of a cloud based and custom IoT hardware solution for the purposes of boundless geographical location detection of equipment. If a medical device is not where it should be, we will automatically and proactively notify owners of exceptions to avoid the loss.