StageLoan | Alive
Last Raised$250K | 3 yrs ago
Tego designs and produces passive RFID tags with high performance and functionality initially targeting the aerospace industry. Tego's high memory RF solutions, including semiconductor chips, system software, and tags, are creating distributed, interconnected smart assets that communicate wirelessly and without batteries.
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Expert Collections containing Tego
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Tego is included in 3 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Semiconductors, Chips, and Advanced Electronics
Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.
Companies focused on the technologies to increase manufacturing productivity, ranging from automation & robotics to AR/VR to factory analytics & AI, plus many more.
Tego has filed 55 patents.
The 3 most popular patent topics include:
- Computer memory
- Network protocols
- Home appliance brands
Network file systems, Wireless networking, Computer security, Data management, Network protocols
Network file systems, Wireless networking, Computer security, Data management, Network protocols
Latest Tego News
Oct 24, 2016
Select Page Smart ‘connected’ industrial things is driving explosive growth in IIOT: Timothy Butler, Tego Timothy Butler, Chief Executive Officer, Tego, tells us about the new smart asset platform and the scope of IoT in the near future Everyone is talking about IoT – In the next five to ten years, billions of things will become smarter. This smartness goes beyond things in our homes like the fridge, thermostat, and fancy lighting, and into heavily regulated industries including aerospace, pharmaceutical/medical devices, and energy. Last month, Tego announced its new smart asset platform for lifecycle and service management, regulatory and process compliance, and authenticity management. Products and components that previously could not share any intelligence about their origins, status and maintenance needs, now can. Timothy Butler, CEO, Tego , in an interview with Techseen tells us more about the platform and the scope of IoT in the near future. Techseen: You have recently launched an IoT-based operating system called TegoOS. What kind of solutions can be deployed using TegoOS? Can you name a few clients using it currently and what has been the feedback so far? Butler: Small, medium and even global companies looking for an inexpensive, highly scalable way to digitize their industrial processes and products can use TegoOS. It is also for companies who want to see an immediate ROI from an IIOT solution without having to invest in all the infrastructure to get started on their own. To date, the aviation industry – driven by Airbus and Boeing – were the earliest adopters of Tego’s asset intelligence solution. The main reason for use are the operational benefits gleaned from a digital, interoperable, distributed solution to manage data and information on parts, components and aircraft systems for safety and security reasons. Tego’s largest global aerospace customer is B/E Aerospace. Aerospace FBO’s and charters are currently beta testing our solution to digitize their processes for maintenance of their planes and facilities along with digitally connecting documents and assets to other cloud based applications. Global pharmaceutical companies are currently beta testing TegoOS for the purpose of digitizing manufacturing processes, enabling streamlined manufacturing and tighter regulatory compliance. This is important for compliance with the FDA’s 2017 Drug Quality and Security Act. There are also some medical device companies interested in TegoOS for storing data on products and consumables that undergo sterilization for integrity (brand) management of consumables. Also Read: Knowlarity curbs CRM costs with new call center solutions Techseen: How does TegoOS ensure a secure storage and retrieval of client data? Butler: Tego’s asset intelligence platform (AIP) has a significant patent portfolio supporting its unique features that enable data and information to be stored, managed and maintained on assets. Some of the AIP features around secure storage on the asset include: The platform’s unique memory, which survives through rugged manufacturing processes The collection, storage and management of data on any asset over time The ability to store both structured and unstructured data on the asset. Specifically, security of the data in the AIP platform, is characterized in the following ways – the NSA level encryption of data in its memory, the manner in which memory can be partitioned into public and private areas, and its counterfeit proof / anti-clone memory structure. Lastly, because of the resident nature and lack of broadcasting of the data and information on one of Tego’s smart asset – this makes it more difficult for hackers to get at or re-direct data for malicious use. Techseen: Do you feel IoT would be responsible for an overflow of undesirable data in the future? Butler: Frankly, no…there will continue to be a significant increase in the digitizing of all things driving the increase of data. IoT is an approach to address that reality. Currently the IoT and specifically the concept of smart “connected” industrial things is driving the explosive growth in the IIOT. The problems confronting this model are the large amounts of telemetry data streaming back to the enterprise, which is costly, and which requires much analysis to achieve the kind of operational efficiencies and ROIs that are being promised. Also Read: HP's new 3D printer aims to disrupt the $12T manufacturing industry This is a stumbling block for many – partly because the cost of these enterprise platforms are predicated on the connection costs and partly because of the unclear pathway to an ROI from all the data that requires managing and parsing. While this is an issue now, the day will come when those problems are worked through. Techseen: According to you, what effects will all this data collection, and the injection of intelligence into devices, have on privacy and personal autonomy? Butler: Just like the lessons we have learned and are experiencing regarding privacy and personal autonomy of our individual data, this will be an ongoing point to address via tools, technology and public policy. Privacy and interoperability on a decentralized intelligent asset is an issue that will require market education, training and customer understanding. Different use cases driven by various industries will drive data standards and best practices. Tego’s AIP is poised to capture and drive the natural evolution of how best to capture, share and keep some data private, encrypt other data sets and how best to leverage a smart (locally enriched with data) asset. Techseen: Can you comment on Tego’s engagement with start-ups, SMBs and non-traditional innovators in the space? Butler: Tego works closely with the Industrial Internet Consortium as a small business technology member. Tego also chairs the IIC HealthCare task force leading the discussion of IoT technology for the over 250 member companies. Tego has always been at the forefront of innovation working with other SMB’s to provide joint solutions. In fact, TegoOS grew out of that involvement as we saw an unmet need for asset intelligence capability and IoT infrastructure in those companies that do not have the ability to do it on their own. Techseen: TegoOS claims to reduce human intervention by enabling connected devices to automatically update their maintenance needs. Do you think the rise of IoT-enabled services will lead to a dearth of jobs in the future? Butler: Tego’s vision with connected devices is to enable better jobs by removing tasks and activities not requiring human intervention. Again, this has been going on for many years in industries. We are leading the transition to the next generation of workers so they will have qualified, interesting and sustainable jobs that are valued by society. Also Read: Cloudera announces tech enhancements to its core platform Tego’s value is in embedding things with the right data and intelligence to be accessed at the right time, by the right person to take action. So Tego actually relies on personnel and enables the improvement of processes and people to complete with jobs. Techseen: What trends have you observed in the US when it comes to advancement of IoT and autonomous technology? Butler: IoT and autonomous technology offer the promise for automating and monitoring repetitive processes in the industrial sector. There are still so many processes involving rote, repetitive, error-prone process tracking and information flow that if digitized would greatly improve the speed, reliability and security of our world. As we experienced the transformation from mainframe computers to PC’s, as we experience the transformation of our phones to digital devices, we are next experiencing the transformation of our things from dumb physical objects to intelligent digitized assets that can act on their own if needed. Techseen: How do you see IoT being integrated in users’ lives in a meaningful way over the next 5 years? Butler: The world around us will become enriched with data and information. Decision making will be at our fingertips – we will be able to influence our lives, our jobs, our companies to perform better, provide safer products and to do it less expensively and more effectively.
Tego Frequently Asked Questions (FAQ)
When was Tego founded?
Tego was founded in 2005.
Where is Tego's headquarters?
Tego's headquarters is located at 460 Totten Pond Road, Waltham.
What is Tego's latest funding round?
Tego's latest funding round is Loan.
How much did Tego raise?
Tego raised a total of $33.81M.
Who are the investors of Tego?
Investors of Tego include Paycheck Protection Program, Bainco International Investors, Maine Angels and Network of Business Angels and Investors.
Who are Tego's competitors?
Competitors of Tego include Star Navigation Systems and 4 more.
Compare Tego to Competitors
Xerafy develops small and durable Industrial RFID tagging solutions, qualified and tested to meet extreme conditions over the lifetime of an asset. Xerafy's technology offers the manufacturing, aerospace, energy, IT, healthcare, and infrastructure industries affordable smart tags and sensors that can be easily attached to or embedded in their equipment and products assets. With these tags, customers can automate tool management, capture data in work-in-process, track complex workflows and lifecycles.
Barcoding operates as a supply chain automation and innovation company. It offers barcoding and radio frequency identification (RFID) applications automating operations in field service, food and beverage, healthcare, manufacturing and distribution, retail, transportation and logistics, and wholesale inventory. The company was founded in 1998 and is based in Baltimore, Maryland.
Talos Avionics achieves sensor fusion in tablets and smartphones, which makes them usable for flight and navigation.
Founded in 1997, Shipcom has become a provider of integrated supply chain execution software solutions focused on the RFID and enterprise mobility markets. Shipcom's proven, open standards platform, CATAMARAN, is a server-based solution that captures, filters, aggregates, transforms, and routes data from multiple devices such as RFID readers and barcode scanners and integrates it directly with enterprise systems such as Oracle, Provia, SAP and various legacy systems. Its software solution also includes reusable application libraries and more than 100 user-friendly development tools, developed from eight years of supply chain experience, that enable customers to easily and quickly configure the CATAMARAN platform to their specific needs.
Zensor offers integrated and intelligent monitoring solutions for the industrial production, renewable energy, and infrastructure sectors. Its services include efficiency monitoring of industrial assets which include conveyor belts, overhead cranes, grinders, and rolling mills. Zensor was founded in 2013 and is based in Etterbeek, Belgium.
Zerynth offers device and data management services. It helps to register, organize, monitor, update, and remotely manage internet of things (IoT) devices. It provides solutions such as production monitoring, energy consumption monitoring, retrofitting of industrial machinery, predictive maintenance, asset tracking, and more. It was founded in 2015 and is based in Pisa, Italy.
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