Axino Welcomes New Chief Product Officer

Swiss Technology Fund


“The guarantee from the Technology Fund enables us to expand our solution with further functions for energy and CO2 savings and to sell it more widely on the market. We want to fully exploit the immense potential for CO2 reduction. Our goal is 50,000 tons of CO2 in 3-4 years."
Mario Vögeli
CEO Axino

The Swiss Technology Fund offers loan guarantees to Swiss companies whose novel products contribute to a sustainable reduction in greenhouse gas emissions. Learn more about the partnership, at www.technologyfund.ch.

Food Systems 4.0

Axino Retail Solutions Technical Specs. Video 

Be Cool, Stay Fresh – Axino

Axino combines IoT sensor technology with patented AI algorithms to ensure freshness while reducing energy consumption. By digitizing and automating quality management process, we take the guess work out of food safety (HACCP) compliance. Learn more at www.axino.ai

The Swiss Government Launches Action: Fight Against Food Waste

The Swiss government launches action: Fight Against Food Waste

Almost 30% of food produced for Swiss consumption is either wasted or disposed of unnecessarily. This amounts to nearly 330 kg food waste, per person, per year! To address this, the Swiss government has launched an action plan to slash food waste by 50%, by 2030.

Food waste is apparent in today’s day and age, where consumers are demanding fresher food, which requires more cooling space. This increases energy requirements and ultimately calls into question our sustainability efforts.

That’s one problem where Axino can help with!

We partnered with market leading grocers and developed a solution that automatically monitors the key data point for food quality, the core temperature of the food. This we do contactless – i.e without creating food waste by the quality process itself. Additionally our real-time alarming helps grocers make fast and accurate decisions in case a refrigerator door is left open for too long, or if a power outage occurs. Events that can put at risk the food quality and potentially result in massive amounts of food waste!

Grocers can reduce food waste with Axino with

  • Contactless measurement
  • Realtime alarming
  • Core Temperature algorithms for all food groups

With easy to install wireless IoT sensors, grocers can start collecting data and get actionable insights for any cooler in minutes. It’s smart technology to help grocers made decisions based on real-time data.

Be Cool, Stay Fresh – Axino

Axino combines IoT sensor technology with patented AI algorithms to ensure freshness while reducing energy consumption. By digitizing and automating quality management process, we take the guess work out of food safety (HACCP) compliance. Learn more at www.axino.ai

Axino secures CHF 1.5 million in funding from investors led by Momenta Ventures

Zurich, Switzerland –  25 May, 2021 Axino, the leader in smart retail, contactless, food quality solutions announced today that it has raised CHF 1.5 million in additional funding from a new strategic investor and from founding investor, Momenta.

Axino helps food retailers digitize and automate their food quality management process to comply with increasingly complex food safety regulations. Axino’s unique solution combines advanced sensor technology with patented AI algorithms to pro-actively monitor and predict the core temperature compliance of each refrigerated food category in retail stores.

Current retail food quality management processes are time-consuming and often inaccurate, contributing to food and energy waste. Food waste represents roughly $18.2 billion annually in lost value for retailers and has become a critical consumer topic.

Working with industry leaders like Migros, Switzerland’s largest retail company, Axino has proven that the easy-to-install Axino solution enables food retailers to significantly increase food quality, reduce food waste and energy consumption in its stores.

Axino also announced the addition of Thomas Busin to the Axino Board of Directors. Mr. Busin brings over 30 years of retail quality management experience. As a quality leader and visionary, Mr. Busin lead the implementation of the Axino food quality solution at many Migros stores in Switzerland.

Mario Vögeli, CEO of Axino, notes: “I am very pleased to welcome Thomas and the experienced strategic partners to Axino. They strengthen the Axino team substantially and are instrumental for us to scale out our Food Quality as a Service Solution in the retail industry.”

Ken Forster, Executive Director of Momenta, adds, “We are pleased to increase our funding for Axino. Their solutions are a triple win for retailers – helping them save costs and energy, meet stricter food standards, and to better serve their shoppers with fresher foods. This is a truly a first critical step in the digital transformation of retail.”

About Axino

Axino is the leader in smart retail, contactless, food quality solutions. Axino combines advanced sensor technology with artificial intelligence algorithms to remotely detect refrigerated food’s core temperature in retail stores. To learn more about Axino, please visit https://www.axino.ai/.

About Momenta

Momenta is the leading Digital Industry venture capital firm accelerating digital innovators across energy, manufacturing, smart spaces and supply chain. Led by deep industry operators across its venture capital, strategic advisory and executive search practices, Momenta has made over 50 investments, with notable exits to SAP, PTC and Husqvarna Group. For more information, please visit https://momenta.one/.

A cloud-based IoT approach for food safety and quality prediction

Source: ZHAW 

A cloud-based IoT approach for food safety and quality prediction

Safety and quality prediction are topical issues in food industry. We are developing a novel IoT approach in the framework of a collaboration with Genossenschaft Migros Zürich (GMZ), ZHAW (represented by the institutes IAS and ILGI) and Axino Solutions AG.

The main goal of the project is to provide a robust, reliable and cost-effective method for real-time monitoring of core temperatures of food products in various types of coolers employed in MIGROS shops.

Environment temperature measurements, are provided at regular time intervals by sensors positioned at specific locations in the coolers.

In real circumstances (i.e., in a MIGROS shop) core temperatures cannot be measured directly since it is not allowed to have sensors inside food items.Therefore, core temperatures have to be estimated using only environment temperatures and an appropriate mathematical model describing the physics of the cooling process. The dynamics of such complex systems cannot be described by a comprehensive physical model including all possible variables, parameters and processes.Therefore, a very general approach consists in designing conceptual models including only a selection of a few state variables and system parameters.

In this reductionist approach, dominant processes of interest are described by a physics-compliant deterministic model expressed in terms of a differential equation (ODE), while all other processes involving unpredictable and uncontrollable random events, such as interactions with customers in a crowded shop, are included in the model as noise.

Noise is expressed mathematically by a random term that has the effect of perturbing in a stochastic way the dynamics described by the deterministic part of the model. This leads in a natural way to a so-called stochastic differential equation model. For making reliable predictions, the (stochastic) model needs to be calibrated on some measured data.

In other words, model parameters need to be estimated so that the model can reproduce observations. This data-driven model calibration is called parameter inference.

Once the model parameters are duly calibrated, an adequate forward model allows us to make real-time predictions of core temperatures, given only local air temperature observations.  A network of temperature sensors, appropriately installed in the coolers in a variety of different shops spread over the territory, will provide the necessary real-time temperature data. The real-time, food-specific temperature estimation is one element in a larger predictive maintenance framework, where we employ time-series analysis to identify possible cooler malfunction signs in the shops and continuously monitor the food quality.

The system shall in the end be able to detect early warning signals to deploy interventions like technical maintenance or initiate quality management actions.

Be Cool, Stay Fresh – Axino

Axino combines IoT sensor technology with patented AI algorithms to ensure freshness while reducing energy consumption. By digitizing and automating quality management process, we take the guess work out of food safety (HACCP) compliance. Learn more at www.axino.ai

IoT solution helps grocery retailers remotely monitor temperature of perishables

Source: Refrigerated & Frozen Foods

IoT solution helps grocery retailers remotely monitor temperature of perishables

For the first time, grocery retailers are able to remotely and non-invasively monitor the product temperature of perishable food in refrigerated equipment.

The fresh food category—comprised of fruits, vegetables, meat, fish, dairy and baked goods—accounts for about 40% of grocery retail revenue. These food offerings are a strong driver for grocery chain customer traffic and loyalty. Fresh food is fiercely competitive among retailers and is becoming even more critical.

Traditional grocers are being challenged by increases in sales from convenience stores and big-box retailer home delivery services.

McKinsey & Co., New York, released research from a Pan-European benchmarking survey of 23,000 grocery shoppers. Results indicated low prices and frequent promotions were attributes that increase customer satisfaction, but food quality and freshness ranked as consumers’ highest concerns. According to the research, grocers can boost sales by as much as 10% by improving fresh food practices and policies.

“Quality is no longer a nice-to-have as before; it is a critical necessity for retailers to defend their market position. In response to increased demand for fresh food, most Swiss retailers have added 40% more refrigerated coolers to their stores within the past five years,” says Ihab Hourani, chief technology officer for Axino Solutions GmbH, Germany.

However, providing fresh food is a complex operation for grocery chains, as prices are volatile, suppliers are fragmented and quality control processes of perishable products are laborious and costly. The process to measure temperature to address cold chain compliance regulations and ensure fresh goods for consumers has primarily been accomplished by manually checking and recording temperature readings of refrigerated units and inserting a probe thermometer into food. This process, though labor intensive and wasteful, is the accepted industry norm.

Challenge

  • Replace invasive manual core temperature monitoring of food.
  • Create retrofit solutions to work across legacy systems.
  • Pilot new technology to resolve industry issues.

Business value

  • Remotely access and review temperature measurements.
  • Ensure quality fresh food for customers.
  • Reduce food waste and lost revenue.

Data-driven freshness in food retailing

Axino Solutions is a global leader in providing communication solutions and services. The company designs, implements and operates comprehensive turnkey, customized software Internet of Things (IoT) solutions that help companies fully automate their digitalization processes.

Axino set out to develop an automated and continuous temperature monitoring system with innovative technology that could disrupt retail cold chain refrigeration. Axino and Zurich University of Applied Sciences, Switzerland, conducted measurement research and tests on six categories of fresh food to detect their specific heat signatures and convection attributes, and determine the optimal core temperature for freshness for each product, as well as evaluate products in a variety of real-world instances (e.g. packed in plastic, unpacked, sliced). In addition, researchers ran tests utilizing robotic arms to simulate the operating mode of customers opening doors to refrigerated chests and freezers.

After extrapolating the comprehensive research data, Axino developed a bespoke artificial intelligence algorithm that is said to guarantee the core temperature of any food group item within 1°C. Axino’s digital measurement software and hardware components, combined with LoRa devices from Semtech Corp., Camarillo, Calif., are able to wirelessly detect and communicate the core temperature of a product with sensors placed inside coolers up to one meter away from the actual food items.

“The detection process is like magic. There is no other manufacturer who can predict core temperature of food this way. It’s truly a disruptive innovation,” adds Hourani.

IoT solutions

Axino leveraged Semtech’s LoRa devices and the LoRaWAN open protocol for its Axino.IoT.FoodSafety temperature monitoring and asset quality management solution.

For the first time, grocery retailers are able to remotely and non-invasively monitor the product temperature of perishable food in refrigerated equipment. By implementing Axino’s connected temperature monitoring solution with LoRa-enabled sensors, gateways and LoRaWAN-based connectivity, grocers can improve the safety and security of fresh food while reducing food waste and lost revenues.

“LoRa-based devices were the perfect choice. They offer low energy consumption, built-in security functionality, low implementation and operating costs, suitability for battery-operated sensors and reliable public and private network performance,” says Hourani.

Using LoRa chipsets, Axino’s solution (comprised of custom software, hardware and a back-end system) provides easy-to-understand, real-time and historical temperature data on a web-based dashboard or mobile device. The visual display includes interactive charts and customized mapping of sensor locations. Alert notifications are built into the system to send warnings when sets of pre-defined temperature rules or thresholds are exceeded.

Migros, a Switzerland-based grocery retailer, rakes in annual sales over $28 billion, and is owned by more than 2 million cooperative members.

Like the majority of supermarkets in the world, Migros grocery retailers and restaurants are operated with cooling and freezing units acquired from multiple manufacturers. Axino’s patented retrofit and vendor-agnostic temperature monitoring system works across all cooling systems operating throughout Europe.

Migros initially implemented the Axino.IoT.FoodSafety quality management system in stores within the Zurich region. Each Migros store involved in the initial proof of concept deployed, on average, 70-100 sensors – one magnet-attached sensor for each cooling unit – and a single gateway providing connectivity for the entire retail facility.

“Not only does our solution guarantee fresher food, but [also] employees are able to spend more time taking care of other tasks. If it takes someone even one hour per day to manually record temperature readings and you multiply that by hundreds of stores, the savings start to add up fast. Migros is projected to have ROI within less than 12 months,” says Hourani.

Migros’ staff were able to remotely access and review temperature developments from a smartphone, tablet or computer. The plug-and-play solution reduced staff workload, allowing employees to focus on managing inventory and other responsibilities. Axino’s solution also enhanced Migros’ quality assurance capabilities and Hazard Analysis and Critical Control Point (HACCP) processes. Based on these results, Migros plans to implement the Axino.IoT.FoodSafety solution in more than 800 stores by 2020.

Be Cool, Stay Fresh – Axino

Axino combines IoT sensor technology with patented AI algorithms to ensure freshness while reducing energy consumption. By digitizing and automating quality management process, we take the guess work out of food safety (HACCP) compliance. Learn more at www.axino.ai

Semtech’s LoRa® Technology Integrated into Axino’s Smart Refrigeration Solutions

Source: BusinessWire 

Semtech’s LoRa® Technology Integrated into Axino’s Smart Refrigeration Solutions

LoRa-based sensors deploy provide real-time temperature data to meet food safety requirements and hundreds of thousands of savings a year.

 

CAMARILLO, Calif.–(BUSINESS WIRE)–Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that Axino Solutions, an innovative software and systems integrator for the planning and implementation of comprehensive IT solutions, has integrated Semtech’s LoRa® devices and wireless radio frequency technology (LoRa Technology) into its smart refrigeration solutions to track food temperature for the food retail industry. Axino’s LoRa-based solution has been deployed globally including with Migros, Switzerland’s largest supermarket chain. Since deployment of a LoRa-based solution, Migros has measured hundreds of thousands of Euros of savings per year.

“The smart supply chain and logistics IoT market could be worth as much as $6.3 trillion by 2025. LoRa Technology’s ease of deployment, scalability and cost-saving capabilities make it a de facto leader for IoT, and well equipped to lead this space.”

“Semtech’s LoRa Technology is an enabling platform which provided us just with the right resilient wireless signal to be able to roll out our solution in. LoRa Technology provides us with the right plug-and-play characteristics for an easy to deploy and maintain solution, making this solution very attractive to potential customers,” said Ihab Hourani, CTO at Axino Solutions. “For smart refrigeration solutions, LoRa Technology allows accurate and consistent monitoring of temperature data. Axino’s artificial intelligence (AI) algorithms utilize this data to predict core temperatures of different food items and automatically adjust temperature levels to comply with safety regulations. As a result, customers reduce their amount of wasted product and increase their return on investment.”

In the food retail industry, food must be carefully monitored to ensure shelf life is maximized and it remains safe to consume. Additionally, food often has a long journey that is transported by a refrigerated truck to the supermarket, traveling from temperature-controlled warehouse to the final shelf. Many factors over the course of this journey may affect food safety and quality, including improper handling by personnel and inaccurate refrigerator calibration. Axino’s LoRa-based temperature sensors quickly deploy into refrigeration infrastructure through a magnet with no external wiring. The sensor monitors core temperature data in real-time and is accurate to one degree Celsius. Sensors can be preprogrammed to adjust individual refrigerator unit temperatures thereby maintaining a consistent temperature and keeping food safe. Real-time data evaluation and autonomous refrigeration adjustment help eliminate human error, prolong food shelf life and save customers money.

“LoRa-based solutions, such as those from Axino, are simple to deploy and provide the capacity to accurately and consistently track data for years at a time,” said Marc Pegulu, Vice President of Internet of Things (IoT) for Semtech’s Wireless and Sensing Products Group. “The smart supply chain and logistics IoT market could be worth as much as $6.3 trillion by 2025. LoRa Technology’s ease of deployment, scalability and cost-saving capabilities make it a de facto leader for IoT, and well equipped to lead this space.”

Axino will be presenting at the LoRa Alliance’s LoRaWAN® Live and Market Place. Visit here to learn more.

About Semtech’s LoRa® Devices and Wireless RF Technology

Semtech’s LoRa devices and wireless radio frequency technology is a widely adopted long-range, low-power solution for IoT that gives telecom companies, IoT application makers and system integrators the feature set necessary to deploy low-cost, interoperable IoT networks, gateways, sensors, module products, and IoT services worldwide. IoT networks based on the LoRaWAN® specification have been deployed in 100 countries and Semtech is a founding member of the LoRa Alliance™, the fastest growing IoT Alliance for Low Power Wide Area Network applications. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site.

About Semtech

Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for high-end consumer, enterprise computing, communications, and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the Nasdaq Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

Be Cool, Stay Fresh – Axino

Axino combines IoT sensor technology with patented AI algorithms to ensure freshness while reducing energy consumption. By digitizing and automating quality management process, we take the guess work out of food safety (HACCP) compliance. Learn more at www.axino.ai