Trackonomy

Trackonomy is a technology company that develops a next-generation operating system for the connected world. Founded in 2017 and headquartered in San Jose, California, the company operates in the transportation, logistics, supply chain, and storage sectors. It has over 500 employees and is backed by investors such as Kleiner Perkins and 8VC, achieving unicorn status with a valuation exceeding $1 billion and over $250 million in funding.

Trackonomy provides real-time tracking and intelligence solutions to industries such as logistics, industrial, utilities, healthcare, and government. The company's smart label technology enables end-to-end asset visibility, predictive maintenance, workflow optimisation, and security enhancements. It offers low-cost, easy-to-deploy sensors that provide real-time insights and data-driven decision-making.

The company's multi-radio platform allows seamless communication between connected devices. Features include sensor fusion, real-time alerts, distributed intelligence, seamless integration, and configurable solutions. Customers use Trackonomy’s technology to reduce costs, improve operational efficiency, and enhance asset security.

Trackonomy has received recognition from the World Economic Forum and participated in Senate hearings. The company played a key role in COVID-19 vaccine distribution effectiveness and has been awarded over 50 patents. It operates in 45 countries and has shipped over 7 million products, with 20 million daily field transmissions.

The leadership team includes Dr Erik Volkerink (CEO & Founder), Dr Ajay Khoche (CTO & Founder), Thomas Herbst (EVP of Ops. & Supply Chain), Troy Ford (CFO), Keith Abrams (General Counsel), and Mac McGary (EVP of Sales & Business Development).

Trackonomy’s mission is to connect and add intelligence to every last point in the supply chain, creating an integrated network of smart, connected assets. The company focuses on scalability, affordability, and ease of implementation, ensuring organisations can optimise their operations efficiently.

Trackonomy was founded in 2017 in San Jose, California, to create an advanced operating system for the connected world. The company was established by Dr Erik Volkerink and Dr Ajay Khoche, both of whom had significant experience in technology and engineering. The company started with a focus on tracking solutions, asset visibility, and automation to improve operations across industries such as logistics, industrial, healthcare, utilities, and government.

In its early years, Trackonomy developed smart label tracking technology, enabling organisations to monitor assets in real-time. The company’s solutions allowed businesses to reduce costs, prevent losses, and enhance operational efficiency. The multi-radio platform was introduced to integrate various tracking technologies into a single, seamless system. This approach provided companies with predictive maintenance, workflow optimisation, environmental monitoring, and security solutions.

Over time, Trackonomy expanded its research and development, leading to the creation of sensor-based intelligence systems. These systems enabled real-time tracking and automated intervention for businesses handling large-scale operations. The technology gained recognition for its ability to digitise physical assets, allowing businesses to make informed decisions without manual processes.

Trackonomy attracted funding from major investors, including Kleiner Perkins and 8VC, which helped scale operations and improve product offerings. The company became a unicorn as its valuation crossed $1 billion. It secured over 50 patents for its innovations in asset tracking, sensor technology, and AI-driven decision-making.

During the COVID-19 pandemic, Trackonomy played a role in vaccine distribution effectiveness, ensuring temperature-sensitive vaccines were transported under controlled conditions. The company’s technology was used to monitor supply chains, ensuring timely and safe deliveries.

The company continued expanding its operations globally, with offices in the United States, Mexico, Estonia, and India. It now operates in 45 countries and processes 20 million daily field transmissions. Trackonomy has shipped over 7 million products and works with major industries to streamline operations through automated tracking and intervention solutions.

Today, Trackonomy provides a unified platform for asset management, integrating sensor fusion, real-time alerts, configurable solutions, and AI-driven automation. The company is recognised for its contributions to logistics, supply chain, and operational intelligence. It remains focused on expanding its technology to further enhance real-time tracking and automation capabilities across industries.

Trackonomy’s mission is to make it easier to connect and add intelligence to every point in the supply chain. The company develops smart tracking and automation solutions that provide real-time insights, improve efficiency, and reduce operational risks. By integrating sensor-based technology, AI, and automation, Trackonomy helps industries such as logistics, healthcare, utilities, and government to optimise their processes. The company focuses on low-cost, scalable, and easy-to-deploy solutions that enhance visibility, security, and workflow management. Its goal is to create an interconnected system where physical assets communicate in real time, allowing businesses to make faster and more informed decisions

Trackonomy’s vision is to create the operating system for the connected world by enabling a network of smart, automated, and intelligent assets. The company aims to develop advanced tracking and management solutions that allow businesses to operate with greater efficiency and control. Through real-time data, predictive analytics, and automation, Trackonomy envisions a future where every asset, sensor, and device is connected, helping industries make faster and smarter decisions. The company’s long-term goal is to build a scalable and cost-effective system that simplifies operations, reduces manual processes, and ensures seamless communication across global supply chains and industries.

Trackonomy has received recognition for its innovations in tracking, automation, and smart technology. The company was awarded the Technology Pioneer Award by the World Economic Forum for its contributions to supply chain intelligence and automation. Trackonomy has also been mentioned in Senate hearings for its role in improving logistics and operational efficiency. It played a key role in COVID-19 vaccine distribution, ensuring safe and timely delivery. The company holds over 50 patents worldwide, highlighting its advancements in sensor technology and AI-driven tracking. Trackonomy continues to be recognised for its impact on logistics, security, and real-time asset management.

Trackonomy provides real-time tracking, monitoring, and automation solutions for various industries, including logistics, industrial, utilities, healthcare, and government. The company’s technology is designed to improve asset visibility, security, workflow efficiency, and predictive maintenance. Its solutions are based on sensor fusion, AI-driven automation, and real-time data analytics to help businesses manage their operations with better control and lower costs.

The company’s smart label tracking technology is a core product that allows businesses to track their assets across the supply chain. These labels are small, lightweight, and cost-effective, enabling real-time monitoring without requiring frequent maintenance. Unlike traditional tracking solutions, Trackonomy’s smart labels provide end-to-end visibility, ensuring that every movement and status change is recorded and accessible through an integrated platform.

Another key product is Trackonomy’s multi-radio platform, which enables seamless communication between different tracking technologies. This platform integrates GPS, Bluetooth, RFID, Wi-Fi, and cellular networks, allowing businesses to monitor assets under various conditions. The configurable platform and API integrations ensure compatibility with existing enterprise systems, making implementation easy.

Trackonomy also offers predictive maintenance solutions, which use sensor-based monitoring and AI analytics to detect potential failures before they happen. This helps industries reduce downtime, prevent costly breakdowns, and extend the lifespan of their equipment. These solutions are widely used in sectors such as manufacturing, logistics, and utilities, where equipment reliability is crucial.

For workflow intervention and optimisation, Trackonomy provides automation tools that help businesses eliminate manual processes and improve operational efficiency. The system detects inefficiencies in real time and suggests corrective actions, reducing delays and improving productivity. Businesses can customise their workflow automation settings based on their specific requirements.

The company’s environmental monitoring solutions ensure that sensitive goods such as pharmaceuticals, perishable foods, and high-value electronics are stored and transported under the right conditions. These monitoring systems provide real-time alerts if temperature, humidity, or other environmental factors exceed safe levels, helping businesses take immediate action to prevent losses.

In the area of safety and security, Trackonomy’s technology enhances risk management and asset protection. The system detects unauthorised access, tampering, and other security threats in real time. This feature is particularly useful for airports, warehouses, and critical infrastructure, where security breaches can lead to significant financial and operational damage.

Trackonomy also offers data integration and AI-driven insights to help businesses make informed decisions. By combining real-time tracking data with historical trends, companies can optimise supply chain operations, reduce inefficiencies, and improve forecasting accuracy. The system is designed to be scalable, allowing businesses to start with a small setup and expand as needed.

The company’s global reach and ability to operate across multiple industries make its solutions highly adaptable. Trackonomy supports businesses with a single platform for real-time insights, ensuring easy deployment, cost efficiency, and seamless integration with existing operations.

Through its advanced tracking technology, AI-driven analytics, and automation tools, Trackonomy continues to provide practical and effective solutions that improve business efficiency, security, and decision-making across multiple industries.