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In December 2023, Sensitec partnered with Microsoft Azure to enhance its temperature data loggers by integrating advanced cloud-based data management and analytics. This collaboration allows Sensitec to offer scalable and efficient solutions that improve real-time monitoring and data accuracy across cold chain operations. By leveraging Microsoft Azure’s cloud capabilities, the partnership strengthens data security and provides actionable insights, benefiting businesses in managing temperature-sensitive products more effectively. This move is expected to set a new standard in cold chain monitoring technology
- In December 2023, E2M Solutions secured USD 25 million in Series B funding to accelerate the development and global expansion of its cloud-based cold chain traceability platform. The fresh capital will be used to enhance platform features, improve user experience, and expand market reach across various industries. This funding round positions E2M Solutions as a key player in providing innovative traceability tools that ensure compliance and reduce losses in temperature-sensitive supply chains. The investment reflects growing investor confidence in the cold chain monitoring sector
- In December 2023, the U.S. Food and Drug Administration (FDA) released draft recommendations advocating the use of blockchain technology for managing temperature data in the pharmaceutical supply chain. The guidance highlights blockchain’s potential to provide secure, transparent, and tamper-proof records, enhancing traceability and authenticity of temperature-sensitive drugs. This regulatory endorsement aims to increase trust and integrity in cold chain logistics, encouraging wider adoption of digital technologies that safeguard product quality and patient safety throughout transit and storage
- In December 2023, Logmore expanded its global footprint by opening a regional office in Singapore to better serve the growing demand for cold chain monitoring in the Asia Pacific region. This strategic expansion will enable Logmore to offer localized support and advanced temperature tracking solutions tailored to regional logistics needs. By strengthening its presence in Asia Pacific, Logmore aims to capitalize on the rising market for temperature-controlled transport and storage, helping businesses ensure compliance and reduce spoilage in this dynamic market
- In May 2023, Tridentify launched a real-time temperature monitoring system focused on tracking pharmaceutical product shelf-life and stability continuously. This innovation supports operational optimization by providing critical data that enables timely decision-making in the handling and transportation of temperature-sensitive medicines. By improving visibility into product conditions throughout the supply chain, Tridentify’s system helps reduce waste, enhance compliance, and ensure drug efficacy, addressing key challenges faced by pharmaceutical companies worldwide
