Enel and Alesea: IoT technology for supply chain optimization
The world is more connected than ever. Analysts estimate that a whopping 127 new devices are connected to the internet every second. As humans, we are increasingly digital, and so it’s no surprise that the Internet of Things (IoT) is quickly becoming a popular resource for businesses, households, and day-to-day activities. According to Statista, 50 billion devices will be connected to the Internet of Things by 2030.
In the supply chain industry, IoT devices are an effective way of tracking and authenticating products and shipments, using GPS and other technologies. Managing the supply chain for utilities can involve multiple contractors, expensive assets, and slow turnaround, leading to rising costs and increasing complications.
To face this challenge, Endesa, the Enel Group’s Spanish subsidiary, has initiated a collaboration with the startup Alesea, thanks to the Enel Innovation Hub. Together, they’ve been able to implement an IoT solution that has a digital impact on complex supply chains, reducing costs and improving the efficiency and effectiveness of core assets, specifically for cable and drum inventory management.
Digitally connected for real-time value
Alesea is a startup that was founded in 2019 by the Italian electrical cable producer, Prysmian Group, and its venture builder, Corporate Hangar. The technology acts as a virtual assistant, transforming the cable drum from a simple package into an intelligent asset that improves the efficiency of customer operations and inventory management.
Cable drums are round objects that are used for moving and storing all kinds of wire products, such as electrical cables. However, these drums are currently difficult to track, store, and manage. The solution Alesea developed includes an IoT position tracker in the drum that’s linked to an intuitive interface, providing data to a cloud platform, and transmitting the asset’s status across various dimensions.
Giovanni Berti, Alesea’s CEO says that “the original idea came from Salli Hara-Haikkala, the CEO at Prysmian Sweden, following a conversation with a client.” He adds: “The goal was to build a compelling value proposition that would go beyond locating drums, to provide a complete asset-management solution for cable inventory.”