IPI is working with our Open Innovation partner from UK to seek the next generation of identification and recognition technologies for consumer product consumables.
The client is an established electronic device manufacturer serving the consumer market who wishes to provide intuitive and integrated consumable recognition capabilities for their products. Established brands in the pharmaceutical, consumer goods and luxury product markets are continually seeking ways to protect their products from counterfeits and in some cases, potentially damaging imitations of their products which if used, could be harmful to consumers. Additionally, with the increase in smart devices (including those with multiple consumable options), there is also a growing need for a device to ‘recognise’ the consumable (e.g. cartridge) and thereby allow specific settings to be used, without the need for input by the user.
The client is therefore searching for next generation identification technologies to incorporate into their devices to work with single use and/or multi-use consumables. The requirements of any potential solution include: -
Relevant technologies could include:
Potential solutions could be used for:
The client is looking for new development and component suppliers to support their global sales efforts. This therefore represents an excellent business opportunity for an ongoing partnership with an established manufacturer. The client is also interested in engaging with small companies who have developed a technology platform that could benefit from additional resources (via the client’s corporate venturing arm) to support expediated scale up.