The Asset Intelligence business team of GE Equipment Services has earned the Connecticut Quality Improvement Award Innovation Prize, known as the “Baby Baldrige,” for its VeriWise product that helps manage transportation resources.
The award was presented Thursday, Oct. 20 during the CQIA Partnership’s 18th annual conference in Westbrook. The CQIA program evaluates entrants on approach, deployment and documented numerical results.
The VeriWise dual-satellite trailer-tracking technology was recognized by the CQIA for “numerical results,” earning a gold-level Innovation Prize. VeriWise is designed to pinpoint a trailer’s precise location within a margin of error of 30 feet.
“VeriWise was launched in 2003 and now has an installed base greater than 10,000 units,” says Thomas Konditi, general manager of GE’s Asset Intelligence business. “I think the plus or minus 30 feet target location parameter, along with our documented ability to improve customer productivity by more than 10 percent, had a very specific and positive impact on the judges.”
Stamford, Conn.-based GE Equipment Services was one of two GE business units to secure a CQIA Gold Award this year, with GE Healthcare in nearby Fairfield also being honored.