Proving the Business Case for the Internet of Things

Start-up turns to crowd-funding for asset tracker

Steve Rogerson
August 23, 2016



Start-up Indagem Tech has started a crowd-funding campaign to raise $250,000 for its UMS universal monitoring system, a big data, cloud-based analytical system that uses various IoT sensors to collect real-time data and provide asset monitoring, tracking and logistics management via a mobile application.
 
“The idea for the UMS came when I purchased another tracking device that ended up being useless,” said Jon Deng, co-creator of UMS. “If my phone was not near the device tracker, it simply would not work. This ultimately defeated the purpose of having it to begin with. This is when I presented the problem to my engineering colleagues and friends and we created the concept for an innovative device that will reshape the entire tracking industry via a big data, cloud-based system. Finally, consumers have a choice, a dependable, bold choice.”
 
Whether a person is traveling on vacation and desiring to check to ensure their television has not been stolen at home or to make sure a pet can be tracked if they venture too far from their house, it is a versatile, weather resistant product meant for every situation. The sensors are coin-sized and the gateway (pictured) is small and portable.
 
“From my research, there seems to be nothing comparable or available in the marketplace that can offer consumers, businesses and government agencies the type of real-time asset management protection and data insights that can be leveraged using Indagem Tech’s proprietary Bluetooth technology,” said Peter Cimoroni, chairman and CEO of Razor.
 
The people behind Indagem Tech have numerous years of experience in hardware and software and strong background in developing complex cloud computing platforms with big data analytic models. They have built on their experience to create a product that is not bound by distance, by use, or by specific items. The UMS can be used on any item, at any place, and by multiple people.
 
“As a family man, protecting the people I love most and our possessions is something that is constantly on my mind,” said Deng. “It really bothered me that there was not a system I could place my faith in to provide the needed security and tracking for peace of mind. This product is something I now use with my family and place my full trust in and I am not just saying this because I am a co-creator of it.”
 
While the system has already been tested and is ready for the market, the $250,000 is necessary to enhance this cloud platform with app improvements, production tooling for additional accessories and colours, server refinement, firmware refinement, social media alert system feature refinement, and to obtain international certifications.
 
The Florida-based company is trying to raise the money through the Indiegogo crowd-funding platform. The response has also been positive so far.
 
“I believe UMS HomeShield could be a valuable asset to our law enforcement profession and would encourage other organisations to consider it for real-time asset monitoring,” said Franklin Adderley, chief of police in Fort Lauderdale, Florida. “HomeShield could enhance our police department’s ability to monitor valuable assets in our evidence division and document the chain of evidence in thousands of investigations presented to the Broward State Attorney’s Office annually for prosecution.”