LocPrecision

Elevator Pitch: LocPrecision revolutionizes indoor localization with machine learning and RIS technology, offering unprecedented precision for critical applications. Imagine ensuring the exact location of assets, personnel, and users in complex environments – the possibilities are limitless. Empower your operations with LocPrecision, where every millimeter counts.

Concept

High-precision indoor localization service using Reconfigurable Intelligent Surface (RIS) and machine learning optimization for various applications.

Objective

To provide ultra-precise, reliable indoor positioning solutions for sectors where high accuracy is critical, using advanced RIS technology and machine learning.

Solution

Leveraging a unique combination of RIS technology with Genetic Algorithm and Particle Swarm Optimization for sub-centimeter indoor localization accuracy.

Revenue Model

Subscription-based for businesses, with tiered pricing depending on usage volume and required precision level. Additional revenue from customization and integration services.

Target Market

Smart buildings, healthcare facilities, industrial sites, retail, and augmented reality applications.

Expansion Plan

Start with high-demand sectors like healthcare and industrial automation, then expand to retail and consumer markets as technology and adoption evolve.

Potential Challenges

Technical complexity, ensuring consistent performance across different environments, hardware requirements for clients.

Customer Problem

Existing NLoS indoor localization solutions lack precision, impacting efficiency in industries like healthcare, manufacturing, and AR.

Regulatory and Ethical Issues

Compliance with data protection laws, ensuring user privacy, navigating regulations related to indoor tracking and surveillance.

Disruptiveness

By providing sub-centimeter accuracy, it radically improves operational efficiency, safety, and user experiences, challenging the status quo of indoor localization solutions.