Technetium
Technetium is a South Africa-based specialist tracking technology company that sells a cloud-based, device-independent asset, activity, task, and people tracking platform built on its proprietary TeamTrak© engine, serving enterprises across healthcare, waste management, cleaning services, mining, hospitality, government, and other verticals from offices in South Africa, USA, Australia, and the UK.
- Company typePrivate
- Founded2007
- HeadquartersJohannesburg, South Africa
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Technetium does
Technetium (legal entity: Technetium (Pty) Limited) is a specialist tracking technology company founded in 2007 and headquartered in Johannesburg, South Africa, with regional offices in Johns Creek, Georgia (USA) and Turramurra, Sydney (Australia), plus operations in the UK. The company sells a cloud-based, device-independent asset, activity, task, and people tracking platform built around its proprietary TeamTrak© generic tracking engine. TeamTrak is a web-based architecture that supports multiple data capture technologies — RFID (active and passive), barcode with GPRS, GPS satellite tracking, smartphone apps with a built-in GSM engine, and IoT devices — and exposes customizable business rules packaged with industry-specific wrappers (e.g., WasteTrak for medical waste, CleanTrak for cleaning services).
Technetium operates across roughly 14 verticals including healthcare, medical waste, hospitality and casinos, cleaning services, security and patrol, field service management, farming and livestock, oil and gas, corporate and IT, food and beverage, mining, containers and crates, pool and garden service, and government. Customer scale signals cited by the company include 6,000+ physical locations and 8 million assets under management, ranging from disposable medical waste to mission-critical industrial machinery.
The business model combines SaaS subscriptions (annual billing, quote-based enterprise pricing), hardware sales (RFID readers, barcode scanners, GPS units), and professional services for implementation and integration. Go-to-market is entirely direct enterprise field sales, with dedicated senior sales professionals in each region engaging at CEO/CIO level; there is no self-service or channel distribution. The company has been bootstrapped with no disclosed external funding, holds multiple South African Department of Science and Technology technology awards, and is a JSE Technology Top 100 recognized company.
Technetium firmographics
Firmographics- Name
- Technetium
- Legal name
- Technetium (Pty) Limited
- Website
- https://technetium.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Technetium is a South Africa-based specialist tracking technology company that sells a cloud-based, device-independent asset, activity, task, and people tracking platform built on its proprietary TeamTrak© engine, serving enterprises across healthcare, waste management, cleaning services, mining, hospitality, government, and other verticals from offices in South Africa, USA, Australia, and the UK.
- Ownership category
- akta.pro rank
Technetium industry classification
Industry- Product category
- Enterprise Asset Tracking Software
- NAICS
- Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Fleet, Asset Tracking & Telematics Location Platforms (BPAMANAF)
- akta.pro secondary industry
- Asset & Maintenance Management (EAM/CMMS) Platforms (HDAEAEAM)
Keywords
Where Technetium is headquartered
LocationHeadquarters
- HQ city
- Johannesburg
- HQ country
- South Africa
- HQ region
- Africa
Offices3 records
Markets served
Technetium business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain
Revenue model
- SaaS Subscription (Core): Core revenue from cloud-based software-as-a-service platform subscriptions for asset tracking and management. Subscription-based recurring revenue model.
- Hardware Sales: Revenue from sale of tracking hardware including RFID readers, barcode scanners, GPS devices and other data capture equipment.
- Professional Services: Implementation, customization and integration services for enterprise clients requiring tailored solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based enterprise pricing |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Technetium product offering
Product offeringCore offering
Technetium provides a cloud-based SaaS asset tracking and management platform centered on its proprietary TeamTrak© generic tracking engine. The platform supports multiple data capture technologies (RFID active/passive, barcode/GPRS, GPS satellite, smartphone apps, IoT devices) and is configured with industry-specific wrappers for verticals such as healthcare waste, cleaning services, mining, hospitality, security, and field service. The company delivers an end-to-end solution encompassing consulting, hardware, software, implementation, integration, and aftermarket support.
Product overview
Technetium offers a single total end-to-end integrated solution encompassing consulting, hardware, software applications, systems implementation, integration and aftermarket support. At the core is the proprietary TeamTrak tracking engine platform, a generic tracking engine based on customizable business rules with industry-specific wrappers. Built on this core platform are industry-specific solutions including CleanTrak for cleaning services management and WasteTrak for medical waste tracking. The technology supports multiple data capture methods including RFID (active/passive), Barcode with GPRS, and GPS Satellite Tracking, allowing deployment across diverse industries.
Differentiator
Problem solved
Functional benefit
Brands
- TeamTrak©: Proprietary in-house developed powerful generic tracking engine platform for asset management and tracking. A technology suite based on customizable generic business rules with easily configured industry specific wrappers.
Products and services
- TeamTrak
Quantifiable outcome
- Asset utilization improvement through constant tracking and movement history build-up
- +2 more outcomes
Companies that use Technetium
Customer profileNamed customers2 records
Segments14 records
Ideal customer profiles1 record
Technetium technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Technetium partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- Children of FireminorSocial responsibility partnership where Technetium partnered with Children of Fire charity to create and distribute 'Stop, Drop and Roll' educational poster free of charge. This is a charitable/social responsibility partnership rather than commercial.
- Third-party System Integrators (ERP, Accounting, Asset Registry)coreIntegration partnerships with ERP systems, accounting packages and asset registries enabling seamless data flow between Technetium platform and customers' existing business systems. No specific named partners disclosed.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Technetium competitors and assessment
Company assessmentBroad incumbents
- Trimble (Asset Tracking): Trimble provides asset tracking, fleet management, and telematics solutions globally across construction, mining, and logistics verticals. Comparable to Technetium in multi-vertical asset tracking with emphasis on industrial and mining customers.
- ServiceTitan: ServiceTitan is a leading field service management platform serving contractors and service businesses with workforce tracking, asset management, and operational tools. Comparable to Technetium in field service management and cleaning services segments.
- Geotab: Geotab is a major fleet management and asset tracking platform with GPS telematics and extensive data analytics. Comparable to Technetium in GPS-based asset tracking and management across enterprise customers.
- Samsara: Samsara is a leading IoT platform providing asset, fleet, and workforce tracking with a broad cloud-based solution. Comparable to Technetium as a modern, well-funded competitor in the asset and activity tracking space across multiple industries.
- Verizon Connect: Verizon Connect is a large-scale fleet and asset management platform from a major telecom. Comparable to Technetium in GPS-based asset tracking with global reach and deep enterprise customer base across multiple verticals.
Direct peers
- Asset Panda: Asset Panda is a cloud-based asset tracking and management platform serving multiple industries with configurable workflows. Directly comparable to Technetium's TeamTrak in delivering SaaS-based asset lifecycle and tracking solutions to enterprise customers.
- Fleetio: Fleetio is a fleet and asset management software platform that helps organizations track vehicles, equipment, and maintenance. Comparable to Technetium's GPS tracking, asset lifecycle management, and maintenance tracking capabilities for enterprise customers.
- UpKeep: UpKeep is a mobile-first CMMS and asset operations management platform for maintenance teams. Comparable to Technetium in providing asset lifecycle management, real-time tracking, and maintenance tracking for distributed assets across verticals.
Emerging players
- Chekhub: Chekhub is a cloud-based asset tracking and management platform focused on operations and maintenance. Comparable to Technetium in offering configurable SaaS-based asset tracking for industries including waste management and field service.
- Jobber: Jobber is a field service management platform for small and mid-sized service businesses including cleaning, pool, and garden services. Comparable to Technetium's field service and pool/garden service segments with workforce tracking functionality.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Technetium social profiles
Digital presenceTechnetium financial estimates
Financial estimateRevenue estimate
Valuation estimate
Technetium leadership team
Management profileNumber of profiles
Technetium funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Technetium M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Technetium
What does Technetium do?
Technetium provides a cloud-based SaaS asset tracking and management platform centered on its proprietary TeamTrak© generic tracking engine. The platform supports multiple data capture technologies (RFID active/passive, barcode/GPRS, GPS satellite, smartphone apps, IoT devices) and is configured with industry-specific wrappers for verticals such as healthcare waste, cleaning services, mining, hospitality, security, and field service. The company delivers an end-to-end solution encompassing consulting, hardware, software, implementation, integration, and aftermarket support.
Is Technetium a public or private company?
Technetium is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Technetium founded?
Technetium was founded in 2007. It employs 1 to 10 people.
Where is Technetium based?
Technetium is headquartered in Johannesburg, South Africa, in the Africa region.
How does Technetium make money?
Three revenue lines are on record. SaaS Subscription (Core) is the primary driver. The others are hardware Sales and professional Services.
Who are Technetium's main competitors?
Broad incumbents on record are Trimble (Asset Tracking), ServiceTitan, Geotab, Samsara and Verizon Connect. Direct peers are Asset Panda, Fleetio and UpKeep. Emerging players are Chekhub and Jobber.
Does Technetium have an API?
No public API is recorded for Technetium.
What industry is Technetium in?
Technetium's product category is Enterprise Asset Tracking Software. Its primary akta.pro industry code is BPAMANAF, Fleet, Asset Tracking & Telematics Location Platforms, with a secondary code of HDAEAEAM, Asset & Maintenance Management (EAM/CMMS) Platforms. Its NAICS code is 54151 and its SIC code is 7372.