Denso-TrackX deal to deliver advanced solutions in automotive industry
Date: 2018-03-07   Author: Dhananjay Punekar  Category: #market

TrackX Holdings Incorporation, a global provider of enterprise IIoT (Industrial Internet of Things) software platforms, has apparently signed an agreement with DENSO Products and Services Americas (DPAM). This strategic alliance between the two firms is aimed at offering asset tracking & management turnkey services across the automotive & transportation industry.

Reportedly, the two companies have declared that they plan to utilize the TrackX GAME tool and automotive component knowhow of Denso to develop innovative solutions & connected technology for the automobiles. David Keller, the business manager of DPAM has announced that the firm’s association with TrackX will help the company offer effective RFID asset tracking solutions to the customers.

Experts predicted that this partnership is certain to advance the implementation of the TrackX software system and Denso handheld equipment, thereby facilitating efficiency and improving the end-user experience through asset audits and automated device detection. The CEO of TrackX Holdings Inc. has also stated that this collaboration is anticipated to create a new value proposition for the firm as it will continue to expand its business operations across the automotive & transportation market.

Lately, connected technology has been gaining momentum across the global automotive & transportation industry, with IoT becoming a catch phrase in the business fraternity. On these grounds, analysts cite that this current association between DPAM TrackX will mark the significance of innovative technology in the automotive sector.

Reportedly, TrackX’s latest technology will enable end-users to label the assets that they want to track. The handheld device is speculated to help them to carry out real-time inspections and determine their assets anywhere across the globe through the Internet of Things technology.

For the record, Denso is renowned for contributing toward increasing the productivity across numerous shops, offices, and factories. The firm supports customer innovation via industrial controllers, automatic data capturing, and industrial robots.



About Author


Dhananjay Punekar

Dhananjay Punekar

Dhananjay currently works as a content writer at AlgosOnline. A post graduate in mathematics as well as business administration, he worked as a process executive in Infosys BPO Limited before switching his professional genre. Following his childhood passion, he opted fo...

Read More

More from Dhananjay


Post Recommendents

PayPal acquires iZettle to strengthen control in in-store payments
Author: Dhananjay Punekar

PayPal Holdings Inc., a U.S. based online payments firm, has decided to purchase iZettle, a Sweden-based financial tech firm for small businesses, for a valuation of USD 2.2 billion. As per sources familiar with the ma...


Electronic protection device coatings market to accrue USD 20 billion by 2025, five trends to look out for
Author: Saipriya Iyer

Electronic protection device coatings market size is reportedly expected to register a CAGR of 4.6% over 2018-2025, with the expansion of the automotive and consumer electronics sectors emerging as a major growth drive...


Busbar market to hit USD 20 billion by 2024, five regional trends predominant in this industry
Author: Saipriya Iyer

Busbar market size will reportedly surpass 4 million tons by 2024 in terms of volume, as per a report by Global Market Insights, Inc. The extensive necessity to reduce energy losses across T&D lines and the rising ...