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United States : Savi, partners launch RFID service for oil & gas industry.


Byline: manish03

Savi Technology said Thursday it has formed a strategic alliance with Shipcom Wireless and KBR Wireless that uses Radio Frequency Identification See RFID.  technology to instantly track and manage supplies transported between onshore and offshore oil and gas facilities worldwide.

Mountain View-based Savi, a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Lockheed Martin (NYSE NYSE

See: New York Stock Exchange
:LMT LMT left mentotransverse (position of fetus). ), is a provider of supply chain information and technology services.

"By automating visibility, asset and shipment management in upstream operations, this newly tailored solution can cut costs and improve performance, efficiency, security and regulatory compliance," Savi said in a release.

Houston, Texas-based Shipcom is a provider of integrated supply chain execution software solutions focused on the RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna.  and enterprise mobility markets.

Bellaire, Texas-based KBR Wireless LLC is a provider of automatic identification and wireless solutions for the energy sector.

Copyright : Euclid Infotech Pvt. Ltd.

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Publication:TendersInfo
Date:Nov 6, 2009
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