M2M specialist Numerex claims to have expanded its portfolio of offerings with the acquisition of “certain assets, products and technology used in the remote monitoring and management of bulk tanks”.
The company does not provide further details about the source of the acquisition, but says the move will allow it to expand both the scope and scale of its core supply chain and remote monitoring business.
Numerex (Atlanta, GA, USA) says a new offering has already been “purpose-designed” for use by regional oil and bulk liquid distributors to manage the bulk inventory of customers.
According to the company’s statement, services are already being used by distributors and integrated oil and gas companies at large and small retailers, manufacturing sites and bulk storage facilities.
The new services are based on FAST– Numerex’s cloud-based platform, which provides customers with real-time data through the use of a web-based management portal.
The company claims its solutions will help distributors to improve operational efficiency and help their customers to avoid stock-outs.