Upstart Locoslab hopes to find success with precise indoor positioning

March 12, 2014

By combining location data gathered using Bluetooth and Wi-Fi networks, German upstart Locoslab wants to improve the accuracy of indoor positioning, while at the same time implementing privacy features to assuage any fears users have.The company is taking part in the Code_n startup contest at the Cebit trade show in Hanover. The indoor location services market has been getting a lot of attention lately, thanks to technologies such as Apple’s iBeacon. But even though many heavyweights are entering the sector, Locoslab CEO Marcus Handte is convinced it can compete.The company was founded at the end of 2012 as a spin-off of the University of Duisburg-Essen and is based in Bonn.To read this article in full or to leave a comment, please click here

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