SML and PervasID have announced an exclusive partnership for the retail sector. SML is a global leader in retail RFID technology and solutions, while PervasID provides innovative, high-accuracy UHF Radio Frequency Identification (RFID) reader systems for automating inventory and asset tracking. Together, the companies will deliver a unique combination of PervasID’s passive RFID reader technology and SML’s Clarity™ enterprise software solutions to drive higher profits for retailers.
Dean Frew, SML CTO, said that as the Retail RFID market continues to demand innovations to serve customers more effectively, they see a growing synergy between hands-free and handheld RFID solutions in stores and distribution centers, with PervasID’s technology leading this innovation. Frew also stated that with the adoption of item-level RFID solutions rapidly growing and with a large portion of those retailers running on their Clarity application platform, they see the addition of the disruptive PervasID technology to their portfolio as being a key part of servicing their customers with enhanced returns on investments.
Dr Sabesan Sithamparanathan, PervasID founder and CEO, expressed delight in combining their innovative technology with SML’s solutions, global network, and scale to help bring these innovations to retailers around the globe. Sithamparanathan also noted that the biggest single challenge for all sizes and types of retailers is accurately and cost-effectively managing products inside their stores. However, the combination of the offerings from their two companies delivers unparalleled hands-free, real-time visibility capabilities. The results drive tangible improvements to the bottom line in the form of reduced losses, stock management and insights, and more efficient e-commerce picking and packing. The companies are excited to see the response from retailers.