Tive
Tive provides real-time shipment monitoring solutions with trackers, a cloud platform, and 24/7 live monitoring, serving industries such as food and beverage, life sciences, and logistics.
Services
Tive provides real-time trackers, passive loggers (tags), and accessories that monitor shipment conditions such as temperature, light, shock, and more. Their cloud platform and patented sensor technology aim to reduce shipment delays, minimize rejected loads, and decrease theft, damage, and spoilage. Additionally, Tive offers a 24/7 Live Monitoring team that collaborates with customers and carriers to address shipment issues and prevent delays, damage, and theft. The company also has a Green Program to facilitate the return and recycling of batteries from temperature monitoring devices.
Products
Tive offers a variety of products including real-time trackers and passive loggers (tags). One of their flagship products is the Solo 5G tracker, available in both lithium and non-lithium models, which provides hyper-accurate location data using cellular, GPS, and WiFi. These trackers can monitor shipment conditions such as temperature, humidity, shock, and light. The platform allows users to create custom alerts and notifications in real-time, and integrates with existing systems to provide comprehensive location and condition data.
Industry Applications
Tive's solutions are utilized across multiple industries including food and beverage, high-value goods, life sciences, and transportation and logistics. These solutions provide end-to-end visibility across various transportation modes such as road, air, ocean, and rail. Tive helps companies comply with regulations like the EU Food Safety Policy, FSMA (U.S.), NOM (Mexico), and FSANZ (ANZ) by enabling robust reporting and data analytics. The platform's real-time alerts and performance insights help companies manage and optimize their shipment processes.
Company Growth
In 2023, Tive reported a 50% year-over-year revenue growth. The company has sold 1.4 million trackers and delivered over 3 million real-time alerts to more than 500 global shippers, logistics service providers, and retailers. This growth reflects the increasing market demand for visibility technology aimed at enhancing compliance, security, and customer satisfaction within the shipping industry. Tive’s solutions significantly contribute to reducing carbon emissions by minimizing transit time and preventing waste.
Real-Time Monitoring and Analytics
Tive’s platform offers real-time monitoring and robust reporting capabilities to provide actionable insights. With over 3 million real-time alerts delivered, users can monitor various shipment conditions such as temperature, light, and shock. The platform also features robust data analytics to unlock performance insights about shipments, alerts, and carriers. These capabilities enable businesses to make informed decisions, reduce delays, and improve overall shipment efficiency.