what is the toolsense-iot technology?
TOOLSENSE-MODULE: DIRECT CONNECTIVITY TO THE CLOUD
Technologies that need gateways (eg BLE) are not fit for the reality on the jobsite. We say: Tool Connectivity has to work directly, out of the box and without the contractor having to do anything. That’s why we work with the newest telecommunication technologies: to connect the tool directly, without needing a gateway – just like your smartphone.
Local Machine Learning Algorithm
At the moment connected tools solutions just stream sensordata over long periods of time. This is energy-expensive and especially draining for battery tools. There’s a smarter way: We analyze the sensordata directly on the ToolSense-Module, compress it locally and just send the insights – that’s why we are more energy-efficient than current BLE solutions.
Plug & Play Iiot-Infrastructure
We enable rapid time-to-market for Tool OEMs by providing prefabricated ToolSense-Modules, a scalable, secure IoT-Cloud as well as frontends and mobile applications for all users of the connected tools solution: OEM’s salesforce, Rental Companies, Product Management and Contractors.
We use ToolSense-IoT to increase your revenue by...
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increasing your customer satisfaction and retention rate by up to 86%
Slow service is a huge problem for contractors - it has an effect on machine down-time and reduces their productivity. For 86% of contractors this is the most important reason to change supplier. For an OEM an annual customer churn of 5% reduces margin growth up to 90%.
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increasing your profit margins for 80% of your accounts
While the profit margin on machine and hardware sales on average is about 10-15%, the margin for services and software is around 70-90%. Therefore it's the right strategy to offer new digitally-enabled value added services. 80% of contractors are willing to pay more for better customer care, better service and a stronger partnership focused on increasing productivity.
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giving you digital productivity-solutions that 90% of contractors are willing to pay for
One of the most important issues at job-sites today: Productivity. We offer software-solutions that focus on increasing productivity, reducing machine down-time, reducing break-downs and increase profit / job.
Stefan Öttl, Managing Director (Product)
Alexander Manafi, Managing Director (Sales)
Rostyslav Yavorskyi, Head of Backend
Benjamin Petterle, Head of Frontend
Andreas Pichler, Lead Developer Machine Learning
Tobias Weidhofer, Head of Electronics & Technical Customer Support
David Bernegger, Frontend Developer
Konstantin Kolyushenkov, Embedded Developer
Dmytro Kryvyi, Embedded Developer
Samed Beqari, Electrical Engineer
Partnerships
FH Technikum
With its startup program FH Technikum Wien offers valuable technical expertise, resources and a wide-ranging industry-network.
Deutsche Telekom AG
The WARP NB-IoT Program enables startups, B2B partners and customers to develop NB-IoT applications.
Siemens AG
Designed as an open OS for the Internet of Things, MindSphere lets you seamlessly connect with your machines like never before.
SAP SE
SAP Startup Focus is a program for startups with big data, predictive analytics and/or real-time data decision solutions.