What is TraceX?
AI and IoT Asset Tracking for Enterprise Operations
HCLTech TraceX is an AI-powered smart inventory intelligence platform that connects, tracks and understands the movement of physical assets across warehouses, labs, manufacturing sites and field operations. Going beyond traditional tracking and visibility, it transforms fragmented operational data into real-time, decision-ready intelligence, helping organizations know not just where assets are, but how they move, what they impact and what should happen next.
Built on AI, IoT and Edge intelligence, the platform enables organizations to track and manage assets both inside and outside the four walls through a unified omni-tracking platform supporting RFID, GPS, BLE, active tags, sensors and vision systems. By processing data at the Edge, the platform delivers low-latency intelligence even in low-connectivity environments, ensuring decisions happen where operations occur.
What Makes TraceX Different?
- Real-time operational intelligence
- Omni-tracking across RFID, GPS, BLE, vision and sensors
- AI-driven anomaly detection, shortage prediction and proactive exception handling
- Traci: GenAI advisor for natural language inventory queries, automated workflows and contextual recommendations
- Edge intelligence and low-latency processing
- Unified platform architecture
Features
Leverage AI and data analytics to derive actionable insights and optimize operations
Enable granular, zone-level traceability of materials and assets across expansive manufacturing facilities, warehouses and labs
Centralize inventory and location data for enhanced visibility and efficient asset retrieval
Streamline material movement by prioritizing items based on First Expired, First Out (FEFO) or First In, First Out (FIFO) principles
Minimize manual intervention and reduce errors through automated audit and stock check processes
Facilitate seamless integration with existing enterprise resource planning (ERP) systems and other third-party applications
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Success Stories
HCLTech transforms material tracking and supply chain processes using Track and Trace for Manufacturing and Warehouses.
HCLTech revolutionized inventory audits for a global O&G leader by automating processes with RFID and BLE technology, reducing manual labor, enhancing safety, and boosting operational efficiency.
Insights and News
HCLTech partners with Wall Street Journal | A decade of Industry 4.0
Industry NeXT by HCLTech is a transformational framework that builds on Industry 4.0 to enable connected ecosystems, resilient operations and value-driven business models through intelligent integration of people, processes and technology.
Discover the revolution in inventory management with real-time tracking and the advantages of deploying HCLTech Smart Material Tracking solution, for resilient business operations
RFID vs. Barcode: Which Technology is Best for Warehouse Material Tracking
Compare RFID and barcode technologies for warehouse material tracking. Discover their advantages, limitations, and how HCLTech's Track and Trace solution enhances both.
Integrated Inventory Tracking & AI-Driven Supply Chain Solutions
Discover how integrated inventory tracking, AI, and IoT technologies are transforming supply chains. Learn how HCLTech’s Track and Trace solution enhances efficiency, visibility, and cost savings.
AI-led Track and Trace Solutions for Manufacturing and Warehouses
HCLTech's Smart Material Tracking solution, offers scalable, real-time visibility into manufacturing inventory, leading to significant supply chain improvements.
How AI-led operating models are powering Retail 5.0
Retail 5.0 puts customer experience at the center of every decision and AI-led, product-aligned operating models are how retailers wire that vision into daily execution, from smart materials tracking
Awards and Recognitions
Track and Trace for Manufacturing and Warehouses
IoT Breakthrough Award 2025
Winner of IoT Breakthrough Award 2025 for Industrial IoT Solution of the Year.
Track and Trace for Manufacturing and Warehouses
IoT Evolution Excellence Award 2024
Winner of the IoT Evolution Asset Tracking Award 2024, presented by TMC and Crossfire Media.
Frequently Asked Questions about TraceX
Asset tracking software is technology that enables real-time visibility of physical assets across locations, facilities and supply chains. Modern platforms like HCLTech TraceX go beyond basic tracking, combining IoT sensors, RFID, GPS, BLE, vision systems and AI-powered analytics to automate asset monitoring, reduce losses and improve operational efficiency through predictive intelligence and workflow orchestration.
Yes, and much more. TraceX supports RFID as part of its omni-tracking platform alongside GPS, BLE, active tags, sensors and vision systems. This multi-technology approach enables inside and outside four-wall visibility, automated audits and continuous inventory validation, unlike RFID-only competitors that are limited to single-technology deployments.
AI inventory management uses machine learning and predictive analytics to optimize stock levels, reduce waste and automate replenishment decisions. HCLTech TraceX embeds AI inventory management through its Traci GenAI advisor and FEFO-based prioritization, enabling predictive operational insights, intelligent material movement and proactive obsolescence prevention.
TraceX reduces wastage and obsolescence-related losses by 50%–60% through FEFO-based material movement, rack-to-bin level visibility and early detection of slow-moving stock. In one deployment, the platform achieved 90%–95% improvement in proactive expiry and obsolescence management, with 5%–7% reduction in excess stock.
Getting started with TraceX is straightforward. Visit the HCLTech TraceX page and click "Request a Demo" to connect with our team. TraceX is also available on Microsoft Azure Marketplace and AWS Marketplace for rapid deployment. You will receive a personalized discovery consultation covering your operational environment, integration requirements and deployment roadmap.
TraceX is designed for industries managing complex inventory and operational assets, including manufacturing, pharmaceuticals, life sciences, logistics, healthcare, energy, utilities and field operations. The platform supports use cases ranging from warehouse automation and material traceability to compliance monitoring and autonomous operations.
TraceX improves supply chain traceability by providing end-to-end visibility from inbound materials to dispatch. The platform's FEFO/FIFO automation, GenAI advisor Traci and real-time decision support enable organizations to track material provenance, automate compliance reporting and reduce wastage by 50%–60% across inventory cycles.
Yes. TraceX is built with open APIs and a modular architecture that enables seamless integration with ERP systems (including SAP), CMDBs and third-party applications. The platform supports edge and cloud deployment flexibility with multi-site scalability, connecting to existing infrastructure without re-architecting your technology stack.
Yes. TraceX integrates with AGVs (automated guided vehicles) and AMRs (autonomous mobile robots) for real-time coordination between inventory intelligence and automated material movement. It also connects with NVIDIA Omniverse for digital twin visualization, predictive analytics and collaborative simulation across smart warehouse environments.