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21 February 2014

DropTag 1

Keep tabs on your assets

Low-cost tracking technologies to monitor assets in transit from land to offshore

As the offshore industry moves towards ever-more-remote and extreme locations, product development firm Cambridge Consultants is demonstrating DropTag and Trace – two new monitoring technologies that deliver breakthroughs in low-cost, low-power condition monitoring and indoor location tracking.

With operations increasingly in deep oceans such as the Arctic logistics are more crucial than ever for the offshore industry. Offshore platform maintenance services are forecast to rise to $672 billion (£408bn) by 2018 – up a third over the previous five-year period. The prohibitive expense of late deliveries and/or sub-standard equipment is becoming a huge challenge.

DropTag uses a compact 'puck' attached to goods before shipping to log information about conditions during the journey. It then automatically and securely transmits this back to base – allowing an early proactive response to any incident. DropTag works by continuously monitoring the vibrations, temperature and humidity that key equipment is exposed to in transit – and triggering system alerts when preset thresholds are exceeded. The 'infrastructure' to monitor DropTag is already in place – in the form of smartphones in people's pockets.

The Trace tracking technology, meanwhile, provides accurate information on the location of people indoors, even without external signals such as GPS or radio. Highly metallic structures such as ships and oil platforms are known to be difficult environments in which to accurately track people – something that becomes critical in an emergency situation.

With Trace, a number of sensors and a custom algorithm determine someone's location, with an accuracy of within approximately 1% of the distance travelled. Yet the technology uses low-power, low-cost sensors and doesn't need any existing internal infrastructure. Trace also has a key role to play in offshore equipment maintenance and condition monitoring. It can track personnel carrying out scheduled system checks, for example, to ensure nothing is missed – helping to minimise or prevent costly interventions.

"Innovative technologies are vital for the offshore industry – to minimise operational costs and loss of production, and increase safety," said Dr Frances Metcalfe, associate director, oil and gas, at Cambridge Consultants. "A lot of subsea equipment has sealed hydraulics, for example, so temperature monitoring in extreme conditions is crucial. And being able to locate personnel quickly and accurately in an emergency can save lives."

Cambridge Consultants will be demonstrating DropTag and Trace to the offshore industry at ITF Technology Showcase 2014, on March 5 in Aberdeen, stand 59 – and at Oceanology International, March 11-13, at ExCel London, stand P455. DropTag will also be demonstrated at Mobile World Congress, February 24-27, Barcelona, stand 7B21.

Notes to editors

Cambridge Consultants develops breakthrough products, creates and licenses intellectual property, and provides business consultancy in technology-critical issues for clients worldwide. For more than 50 years, the company has been helping its clients turn business opportunities into commercial successes, whether they are launching first-to-market products, entering new markets or expanding existing markets through the introduction of new technologies. With a team of more than 700 staff, including engineers, scientists, mathematicians and designers, in offices in Cambridge (UK), Boston (USA) and Singapore, Cambridge Consultants offers solutions across a diverse range of industries including medical technology, industrial and consumer products, digital health, oil and gas, and wireless communications.

Cambridge Consultants is part of Altran, a global leader in engineering and R&D services which offers its clients a new way to innovate. Altran works alongside its clients on every link in the value chain of their project, from conception to industrialisation. In 2015, the Altran group generated revenues of €1.945bn. With a headcount of more than 27,000 employees, Altran is present in more than 20 countries. For more information, visit www.altran.com.

Press Contacts

Corporate communications
Debbie Mayhew
PR & Communications Manager
Cambridge Consultants
+44 1223 392418
Debbie.Mayhew@CambridgeConsultants.com

European PR agency
David Vindel
Ketchum
+44 20 3755 6444
CambridgeConsultants@ketchum.com

US PR agency
Hanah Johnson
March Communications
+1 617 960 8892
CambridgeConsultants@ketchum.com