Sensitech Strengths, Domain Expertise, and Key Differentiators
Sensitech is focused on delivering supply chain visibility solutions that track, monitor, and protect products for global leaders in the food, life sciences, consumer goods, and industrial markets. The solutions are focused on three key areas: quality and compliance, supply chain security, and logistics performance management. Quality and compliance solutions address temperature-sensitive, complex supply chains focused on delivering the highest quality possible, while their supply chain security solutions help to mitigate risks associated with theft, diversion, and chain of custody. Sensitech’s logistics performance solutions deliver origin-to-destination, real-time transparency to any in-transit journey.
Sensitech Recent Developments
Supply chain visibility provider Sensitech expanded its suite of IoT devices to include air-carrier approved and non-lithium battery models for real-time tracking of shipments when cargo is traveling by plane. The Platform’s analytics engine provides real-time evidence and dashboard reporting to assess compliance and the trip’s performance. These multi-modal, real-time IoT solutions can enhance the in-transit visibility of the customer's cargo.
Sensitech Mergers and Acquisitions (M&A) Activities
Sensitech was acquired in 2006 by Carrier Corporation, a provider of temperature-controlled transportation services. The company said the acquisition will help maintain Sensitech's growth and ability to serve its new and existing customers in the food and pharmaceutical industries.
Sensitech Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Sensitech applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Sensitech and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified SensiWatch Tracks, ColdStream Select, TempTale Manager Desktop customers.
Ownership: - x
Number of Employees: 1000
Functional Markets: SCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K143, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Sensitech Key Enterprise and Cloud Applications
SensiWatch Tracks, ColdStream Select, TempTale Manager Desktop
Sensitech Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Sensitech Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Sensitech Enterprise Applications Revenues By Functional Markets, $M:
Sensitech Enterprise Applications Revenues By Verticals, $M:
Sensitech Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Sensitech Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Sensitech Customers - Breakdown by Geo, Size, Vertical and Product
No. of Sensitech Customers: 12000
No. of Sensitech Enterprise Applications Customers: 8000
No. of Sensitech Cloud Customers: 8000
No. of Sensitech Cloud Subscribers: x
Sensitech supports global monitoring programs and mission-critical applications for more than 12,000 customers annually, including over 7,500 global food suppliers, 150 of the world’s largest foodservice and supermarket establishments, and the world’s leading bio and pharmaceutical manufacturers. The company has been following actionable improvement strategies to identify the potential growth areas of cold chain process improvement and strengthen its customer base. Here are a few of their customers: Collins Aerospace, Kuehne + Nagel Mexico, Palmar Corporation, CraftMark Bakery, APL Logistics, etc.
Sensitech Market Opportunities, M&A and Geo Expansions
Many cold chain monitoring companies offer interoperability between systems that collect supply chain data, where information from any third-party sensor or a data logger can be integrated into a single database. For Life Sciences companies, the analysis of large volumes of data presents the opportunity to reduce costs, enhance data flows, and improve business decision-making across the supply chains. The huge volumes of data now being produced in the digital world, and in specific, for cold chain analytics, allow for temperature measurements to be combined with other significant data. Companies are integrating cold chain data with environmental inputs, location data, other transportation, and logistics information, and applying powerful algorithms to yield fresh insights into cold chain performance.
Sensitech Risks and Challenges
While generally a straightforward technical proposition, interoperability is not always a straightforward business proposition. There is no simple way to validate that every third-party monitor used in a common database works as intended, or that the transfer of data and subsequent reporting will comply with regulatory requirements. Industry players must find ways to enhance features of their product in ways that benefit customers and maintain competition but protect the integrity of interoperable cold chain databases. Until such standards are established, customers engaging in interoperability put their validated data at risk.
Sensitech Ecosystem, Partners, Resellers and SI
GenuOne and Sensitech together offer an integrated and proven solution for product tracking, authentication/diversion and electronic pedigree. The partnership stated that the offering would enable companies to meet imminent regulatory and commercial mandates now and evolve to address additional product safety initiatives and supply chain efficiencies in the future.
Sensitech Cloud Infrastructure Insights
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- Sensitech Public Cloud and Infrastructure (IaaS)
- Sensitech Platform (PaaS)
- Sensitech Application Delivery
- Sensitech Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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