Trackem on track for more success

Cloud-based asset management tracker Trackem has won the overall prize at today’s WA Innovator of the Year awards.

The company, which was founded by Business News 40under40 winner Kashif Saleem, won ahead of other local businesses including Bombora Wave Power and Tilt Trays Enterprises.

Trackem’s invention uses rfid and Bluetooth tags to track assets, equipment and materials, which it links to a three-dimensional model of a project.

It can be used for construction, operations and maintenance work.

The company said it could reduce labour costs up to 83 per cent and improve efficiency of material controls by 400 per cent.

The prize is $75,000.

Other winners in the Department of Commerce’s program included fuel theft prevention business Scancam Industries, which won the growth category.

It has created a real-time system using high-resolution videos, still cameras, and facial and number plate recognition to prevent patrons at service stations stealing fuel.

The emerging innovation category was won by Newton Labs for its system to detect oversize rocks prior to entry into primary crushing devices, which prevents damage and downtime.

The University of Western Australia won the emerging innovation award for its new family of absorbents, which separate nitrogen from methane.

It would have uses in LNG and CSG operations, the university said.