Industry leader Leybold announces collaboration with the 2014 Venture Kick winner ScanTrust
02.05.2017
Leybold, one of the leading providers of vacuum pumps and systems, announced that it has entered into an agreement with the 2014 Venture Kick winner ScanTrust.
 ScanTrust has developed the next generation of copy-proof QR Codes to offer a strong protection to counterfeiting for brands.
|
 |
Under the terms of the collaboration, Leybold will integrate ScanTrust’s QR codes on every Leybold product globally and leverage the ScanTrust Internet of Things platform to create unique digital identifiers of each individual product. By connecting each product to the web and leveraging the use of a simple smartphone, Leybold will be able to allow customers, partners and employees to interact with their products in new ways, offering enhanced services and use real-time business intelligence to improve supply chain efficiency. The implementation is in full swing and is scheduled to be finalized in the second quarter of 2017. For ScanTrust, this project demonstrates the scalability and stability of its Internet of Things platform.
Leybold’s Head of Business Development Carl Brockmeyer commented: “We are increasingly engaging in fast-paced and dynamic business environments. The integration of unique QR codes opens up entirely new business models and channels to interact with our customers worldwide, further enhancing Leybold’s efforts to digitize our supply chains and our continuous efforts to offer more valuable experiences to users of our products.”
ScanTrust co-founder and CEO Nathan J. Anderson said, “Finding the right startup-corporate relationship is always a challenge for both sides, as misaligned needs and visions can lead to frustration rather than fulfillment. The CUBE ecosystem was invaluable in helping us find an ideal partner like Leybold, someone who truly shares our vision for bringing innovative solutions to the supply chain to grow business and was serious about putting these leading-edge solutions into action.”
CUBE, which facilitated the partnership by connecting both parties, is a global innovation ecosystem, bridging the gap between top B2B startups and major industry leaders worldwide.
About Leybold GmbH
Leybold offers a wide range of advanced vacuum solutions for use in manufacturing and analytical processes, as well as for research purposes. The company's core capabilities centre on the development of application and customer specific systems for the creation of vacuum and the extraction of process gases.
About ScanTrust
ScanTrust provides a cloud-based IoT platform that connects products and packaging to the internet, using secure unique identifiers, to enable supply chain visibility and mobile product authentication. By combining industry-leading secure 2D barcodes (QR and data matrix) with a comprehensive software suite, ScanTrust helps brand owners to protect against counterfeit goods, monitor grey market goods through unit-level traceability of products, and drive end-user engagement. ScanTrust has offices in Lausanne, Shanghai and Bangkok.
ScanTrust won the final of Venture Kick in 2014.