30 Best Companies To Watch In Asia 2022
Ascent Solutions: Specializing in industrial IoT track-and-trace solutions that deliver dependable smart solutions for global industrial communities
The Silicon Review
With its headquarters in Singapore, Ascent is a reputable partner in the international supply chain logistics sector, providing state-of-the-art IoT solutions for all tracking and tracing requirements. Since their founding in 2010, they have served a variety of sectors with their extensive understanding of IoT technology, ranging from fleet management to smart city applications. Ascent’s in-house teams are committed and available to provide complete support and control over technology deployments, which adds to their strength in addition to their creative solutions. At Ascent, they are dedicated to providing growth and excellence at each stage of a client’s adventure.
The company history: Where it all started
Ascent was established in 2010 to bridge a technological gap in more general businesses by combining decades of experience in supply chain logistics and defense technologies. They developed markets in East Africa, West Africa, the Middle East, and Southeast Asia as a result of their entrepreneurial spirit and talent for seeing holes in the industry. As early as 2011, they were the first to introduce bonded and transit cargo tracking systems. Ascent has expanded into new industries, providing solutions in non-motorized fleet management tracking, security tracking, asset tracking, inventory tracking, and smart city applications, all while adhering to their problem-solving methodology. Ascent’s end-to-end, secure solutions add value for partners and clients by meeting commercial and industrial needs.
Ascent’s in-house engineering, software, and professional service teams enable them to offer worldwide support and oversight of technology deployments. Modern IoT technologies, including GPS, satellite, RFID, Bluetooth Low Energy, M2M Roaming Data, and custom sensor constructions, are their areas of expertise. With their committed local and international staff providing top-notch hardware, platforms, and services to their global community, Ascent has expanded rapidly in the modern era.
Solutions at Ascent Solutions
Smart infrastructure
Ascent’s smart infrastructure solution provides a smooth connection between devices that doesn't require extra infrastructure, giving clients the ability to manage remote output, monitor people and assets, and use sensors to gather critical environmental data. Discover the revolution in seamless connection and infrastructure management, tailored to reach previously unattainable levels of operational capability through Ascent.
Smart retail
Ascent is pushing the envelope to provide consignment-based operations unparalleled visibility. For retailers, managing consignment inventory can be a challenging task. Inaccuracies in accounting and operational difficulties may result from the absence of up-to-date data on sales, inventories, and performance indicators. QuikCount®, Ascent’s inventory management solution that enhances efficiency and transparency fills the gap between warehouse and consignment stock counters by serializing each inventory item and combining it with smart mobile and web applications.
QuikCount® is a full package that produces essential business intelligence, not just inventory tracking software. For planning, accounting, reconciliation, or auditing needs, QuikCount® offers the insights needed to optimize processes. Additionally, QuikCount® gives access to comprehensive data analytics through the digitization of business operations, exposing trends and insights that support strategic decision-making.
Smart supply chain
When it comes to electronic freight tracking, Ascent is a pioneer. For both private clients and international authorities, they offer end-to-end in-transit visibility for vehicles, tankers, and containers. Ascent can implement dependable solutions to tackle cargo security concerns when safety is of the utmost importance. The iSPOT® system, which combines state-of-the-art technology with extensive functionality, is a reliable option for fulfilling the strictest cargo security regulations. It's a powerful solution with an intuitive web platform that optimizes business operations, lowers risks, and offers complete visibility.
Products offered at Ascent Solutions
Lift monitoring
The Lift Monitoring Predictive Device (LMPD) serves as the primary safeguard against lift and elevator malfunctions resulting from inadequate maintenance. When installed, the LMPD is a non-intrusive device that does not void the lift or elevator's warranty. After it establishes the baseline settings, it merely needs power and may almost instantly start monitoring the lift or elevator. Using a variety of specially designed sensors, the LMPD can identify speed, vibration, current, and other data points. This allows it to assess anomalies and immediately report them to the appropriate authorities or individuals. This makes it possible to perform predictive maintenance to stop lift and elevator malfunctions before they start. Furthermore, the LMPD can facilitate many smart city applications, including robotic delivery services, public asset recognition, and safety services for senior citizens and children. It is also compatible with Bluetooth sensors.
Environmental sensing
With the help of Ascent's environmental sensor systems, companies can accurately monitor and record environmental parameters in real time, including the temperature and humidity of assets that are in transit. The highest criteria of cargo security have been met in the design of the iSPOT® Electronic Cargo Tracking System (ECTS). For cargo that is sensitive to temperature, this platform offers end-to-end, safe tracking in addition to the capability to display the temperature and humidity conditions of the vehicle. When traveling, the ECTS will offer insightful information about the conveyance's security situation and, if the iSPOT® Environmental Sensor is utilized to identify temperature excursions, will deliver real-time temperature alerts. The trip from beginning to conclusion can be seen by viewing temperature records in a graphical manner.
Driving the company’s growth and strategy
Lim Chee Kean is the founder and CEO of Ascent Solutions.