Tego Brings Compliance and Lifecycle Intelligence to Pharmaceutical Manufacturing, Medical Devices and Lab Processes
MOUNTAIN VIEW, California, Sept. 27, 2016 /PRNewswire/ -- Based on its recent analysis of asset intelligence solutions for the healthcare market, Frost & Sullivan bestowed Tego, Inc. the 2016 North America Frost & Sullivan Award for New Product Innovation. Tego's Asset Intelligence Platform (AIP) is recognized as one of the most innovative solutions for Internet of Things (IoT) applications in the healthcare industry pertaining to smart asset management for hospitals, drug and device manufacturers, distributors, and sterilization service companies. The solution makes every asset smart by embedding local intelligence on products for enhanced quality management, visibility and data accuracy, and much safer use.
Tego's asset intelligence platform (AIP) is built on the company's industry-leading radio frequency (RF) intellectual property portfolio of over 30 granted patents, combined with complementary technologies (application/hardware), allowing it to provide fully integrated and configurable intelligence-based asset management platform solutions. The AIP platform is a three layered systems that includes:
"Tego is ideally positioned to make the most of the sweeping digitization trend in healthcare by transforming any physical asset in the healthcare ecosystem into a smart asset - even assets that do not have a power source or network access, are on the move, or are remotely located," said Frost & Sullivan Industry Analyst Kamaljit Behera. "Tego's AIP is a category- and condition-agnostic solution that helps healthcare industry participants reduce inventory, maintain costs, mitigate losses and theft, and increase asset values by generating new opportunities with workflow and process optimization."
Tego uses built-in US National Security Agency (NSA)-level encryption, digital signatures, password protection, and anti-cloning techniques for industry-leading password-protection, and is Health Insurance Portability and Accountability Act (HIPAA)-compliant.
"Importantly, Tego's customers are not required to maintain a server. Its plug-and-play OPEX model does away with the tedious installment process and is ready to use, without any lead time," noted Behera. "The cost and responsibility of deploying and maintaining the system lie with the vendor; therefore, the risk incurred by end users is mitigated to a great extent."
Tego is the only integrated end-to-end RF solution provider that designs and manufactures its own ultra-high frequency (UHF) passive chips and tags. It offers the software-enabled tagging of medical devices, pharmaceuticals, and life sciences products at the time of manufacturing.
Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leverage leading-edge technologies. The award recognizes the value-added features/benefits of the product and the greater ROI it offers customers, which in turn improves customer acquisition and overall market penetration potential.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Tego, Inc.
Tego powers assets with intelligence. Tego's Asset Intelligence Platform makes businesses smarter by embedding digital information in assets and components for the aerospace, life sciences, healthcare and manufacturing industries. Insights about assets' lifecycle history, regulatory compliance and integrity drive operational excellence and new revenue models. Smart asset data is available for the right people and systems, including IoT, EAM, ERP, and Analytics applications.
Tego is an architect and co-author of the aerospace Spec 2000 Ch9-5, has 30 granted patents, serves dozens of global customers including Honeywell, Parker Aerospace, and B/E Aerospace, and is a healthcare leader with the Industrial Internet Consortium (IIC).
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