Air Products

Seeking IoT System for Gas Cylinder inventory management and telemetry

Posted by Air ProductsResponsive · Ready to Market Technical Innovations and Products · Project Size Range : > 2,000,000 € · Deadline at 18/10/2017 · United States

The deadline of this Technology Call has expired ( 2017-10-18 )

About Air Products

Large Enterprise from United States

Air Products (NYSE:APD) is a world-leading Industrial Gases company in operation for over 75 years. The Company’s core industrial gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. Air Products is also the world’s leading supplier of liquefied natural gas process technology and equipment.

The Company had fiscal 2016 sales of $7.5 billion from continuing operations in 50 countries and has a current market capitalization of approximately $30 billion. Approximately 16,000 employees are making Air Products the world’s safest and best performing industrial gases company, providing sustainable offerings and excellent service to all customers.

As the company claims in their technology call posted on Innoget, the trusted global open innovation network, Air Products manages large inventories of gas cylinders worldwide, and because those recipients are relatively low-cost, they are seeking a low-cost IoT solution for cylinder inventory management and cylinder telemetry. Examples of the application of such systems would be contents reporting as well as cylinder location monitoring as an optional capability. This is without the slightest doubt an interesting opportunity for IoT-related projects and technologies, which can submit their proposals to Air Products using the form in the technology call. As it is reported in the publication, Air Products is interested in solutions that are capable of measuring the contents of the cylinder, specifically the amount of gas remaining in it, and able to endure in rugged environments. Actually, the company is positioning in favor of a low-cost solution for initial capital investment, gateway costs and network and operating costs. This is by no means the first time Air Products gets into the IoT world. In fact, back in 2015 the industry giant already jumped into IoT with both feet meaning a big game changer for them. We are then in front of a next step in terms of corporate strategy reinforcing their move towards the adoption of IoT, a next step that will ease the way the company do better predictive maintenance, management and telemetry of its inventory.

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