Penguin Location Services Achieves 300% Growth, Expands Healthcare RTLS and Indoor Navigation Systems with AI-Powered Location Intelligence
[Irvine, CA], [February 29, 2024] – Penguin Location Services (Penguin), a leading AI/ML enabled IoT location technology provider, proudly announces an exceptional 300% YoY growth in revenue. This significant milestone in growth trajectory is attributed to the rising demand for Penguin’s indoor positioning systems and real-time location tracking solutions, particularly in healthcare facilities and other emerging location-reliant industries requiring precise asset management.
Penguin offers a diverse portfolio of location-based products powered by an advanced indoor location engine, comprised of PenNav , PenTrack , and PenSafe . These innovative location intelligence solutions cater to enterprise navigation systems, real-time locating services (RTLS), and workplace safety applications, providing clients with unparalleled positioning precision and operational efficiency in their facility management using minimal infrastructure requirements.
Penguin’s proprietary AI/ML location algorithms and machine learning technology allow the use of any Bluetooth 5.1 Low Energy-enabled device to be leveraged as a high-performance location transponder and positioning beacon. In many cases, location update speed and tracking responsiveness is within milliseconds and indoor positioning accuracy is consistently at the sub-room level precision (bed and chair-level tracking). Penguin’s new location services development kit, highlighting positioning precision and easy setup integration, is now available for testing by enterprise clients.
To complement their remarkable growth in the location technology market, Penguin has launched a new website (penguinin.com) that showcases their comprehensive suite of indoor positioning offerings and location-based services. The user-friendly platform offers visitors insights into the diverse applications of PenNav wayfinding, PenTrack asset monitoring, and PenSafe security solutions, illustrating the company’s commitment to simplicity, transparency, and accessibility in location technology deployment.
To better serve their growing customer base in the location services industry and indoor navigation systems market, Penguin has expanded its North American team by welcoming additional seasoned business and sales professionals with expertise in IoT solutions, enterprise technology, and healthcare RTLS technology. In 2024, the Penguin location services team is set to participate in key healthcare IT events and location technology conferences, establishing a strong presence in the indoor positioning industry and fostering collaborations with like-minded professionals in facility management and healthcare technology.
The company has already formed strategic channel partnerships with leading security system distributors and nurse call system providers in North America. These technology integrations allow customers to have advanced location services and positioning intelligence all accessible and configurable in a common user interface, connecting security monitoring and location intelligence together for comprehensive facility management.
The newly formed Penguin commercial team will proudly be attending the Health Information and Management Systems Society (HIMSS) Annual Conference in Orlando March 11-15. Schedule a demo to learn more about Penguin’s innovative indoor positioning products and location tracking solutions.
About Penguin Location Services™ Penguin Location Services™ improves enterprise operational efficiency, visitor experience optimization, workflow management and workplace safety via the world’s most advanced indoor location engine supporting BLE 5.1 and above infrastructure. Penguin’s AI and ML powered location algorithms and positioning technology support high velocity tracking updates and sub-room level accuracy across the entire enterprise facility.
Penguin Location Services™ is a trademark of Penguin, Inc.
For media inquiries or further information about location services solutions and indoor positioning systems, please contact: Adam Peck for Penguin [email protected]
