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 !
The beginning of the story begins a few years earlier. Olivier Pagès, then President and founder of PICK-AND-GO, a plastic pallet pooling company in an industrial environment, realizes the need of manufacturers in asset tracking. He is thinking of a first solution, based on passive RFID technology to track pallets, that does not quite meet the demand of industrial producers and distributors. Real needs are then emerging:
- Need for precise information on the location of assets and, as an option, temperature and shock monitoring:
- ... without infrastructure to minimize technological dependence
- ... at low unit cost due to the high volumes in the industry.
A double technological breakthrough occurred at the same time with the lowering of the costs of electronic components and the arrival of low-frequency and long-range networks (LPWAN). Indeed, while the cost of an accelerometer is $3 in 2007, it is around 57 cents in 2017. 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 from the IRDInov investment fund in October 2015, then a second campaign closed in April 2018 (IRDInov, WISEED and a Business Angel), we are planning a new fundraising campaign in mid-2019 with our current shareholders.
Today, ffly4u has 14 IoT enthusiasts, including 11 engineers specialized in hardware, software and mechanics. In March 2018, ffly4u chose to specialize in 4 vertical business lines (myDrum-by-ffly4u, myBin-by-ffly4u, myTrailer-by-ffly4u and myEquipment-by-ffly4u) by developing a tailor-made service for these business lines.
ffly4u ‘s full solution consists of 3 independent pillars : a multi-functions fflyTrack Myria device (GPS, BLE, WIFI, T°C, NFC, Acc 3D), 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.
Platform Technical Lead