In June 2015 in Toulouse, Olivier Pagès and Philippe Lefaure are convinced that the future of the Supply Chain in the era of the digital transformation of companies will go through the creation of value via embedded information on mobile assets: ffly4u was born !
After an initial fundraising event at the IRDInov investment fund in October 2015, ffly4u now has 12 passionate employees, including 8 engineers specialized in hardware, software and mechanics.
The story begins a few years before. Olivier Pagès, who was President and founder of PICK-AND-GO, a plastic pallet pooling company in industrial environment, realizes the need for asset tracking. He thinks of a first solution, based on passive RFID technology to trace plastic pallets, which does not quite meet the demand of industrial producers and distributors. The real needs are then clear:
Need for precise and real-time information on the location of assets and monitoring of environmental data…
... without infrastructure to minimize technological dependence
... with low unit cost due to high volumes in the industry
A double break in technology is happening simultaneously with lower costs for electronic components and the introduction of low-frequency and long-range networks (LPWANs). Indeed, while the cost of an accelerometer is $ 3 in 2007, it is in 2017 around 57 cents. LPWAN networks are much less energy consuming (ratio divided by 10 compared to GSM) and less expensive (ratio divided by 4 compared to GSM).
After a first fundraising event, a second campaign is running with IRDInov, that has renewed its trust in ffly4u, WISEED, a crowdfunding platform (campaign done in April 2018) and a Business Angel.
Après une première levée de fonds réalisée auprès du fond d'investissement IRDInov en Octobre 2015, une seconde campagne est en cours avec IRDInov qui nous renouvelle sa confiance, la plateforme de crowdfunding WISEED (campagne clôturée en Avril 2018) et un Business Angel.
In March 2018, ffly4u has chosen to develop 4 business verticals (myDrum-by-ffly4u, myBin-by-ffly4u, myTrailer-by-ffly4u et myEquipment-by-ffly4u) for which it offers customized services.
ffly4u ‘s full solution consists of 3 independent pillars : a multi-functions fflyTrack Myria device (GPS, BLE, T°C, NFC, Acc 3D, Downlink), totally made by ffly4u’s team. A LPWAN connectivity as SIGFOX or LoRaWAN to send data to the cloud. A platform-data for data recovery.