Smart Asset Tracker

How It Works?

Smart asset trackers work by utilizing technology such as IoT devices and software to monitor and manage the location, status, and movement of assets in real-time. These trackers typically involve components like asset tags or sensors that capture and transmit data such as location, temperature, humidity, or vibration. The data collected by these tags is then transmitted through wireless technologies like Wi-Fi, Bluetooth, or cellular networks to a central system or cloud platform for storage and analysis. Organizations can access this data through user-friendly interfaces and dashboards, allowing them to interpret asset tracking information easily. Alerts and notifications can be generated based on predefined rules or thresholds, such as when an asset enters or exits a specific area or when its condition deviates from the desired range. By continuously evaluating and improving the asset tracking system, organizations can enhance operational performance, optimize workflows, refine data analytics, and ensure data security and privacy compliance. Smart asset trackers provide benefits like real-time monitoring, automated reporting, alerts, and actionable insights for better decision-making, making them essential tools for businesses across various industries.

Features of a smart asset tracker

Smart Asset Tracker typically includes several features designed to improve visibility, efficiency, and security in asset management. These features may include:

· Real-time tracking: Smart asset trackers can monitor the location of assets in real-time, enabling users to quickly locate assets and reduce the effort required to search for them. This is achieved through the use of IoT tags that transmit location data to the cloud

· Support for different asset types: Smart asset trackers can connect to a variety of asset types, including powered and unpowered assets, as well as humans. This versatility allows for the tracking of different classes of assets, such as man, machine, and material

· Geolocation sensors: Smart asset trackers often utilize geolocation sensors to monitor and manage asset transportation, movement, and safety. These sensors can provide real-time data about asset location, enabling organizations to react quickly to various situations

· Integration with enterprise systems: Smart asset trackers can be integrated with enterprise systems for asset management, inventory management, and other enterprise resource planning (ERP) systems. This integration helps to streamline operations and increase automation

· Additional monitoring capabilities: Smart asset trackers can also monitor other factors, such as temperature, stability, orientation, and humidity, depending on the specific needs of the organization. This additional monitoring can help to ensure the safety and security of assets during transportation and storage

· Analytics-driven tracking: Smart asset trackers can provide analytics-driven insights into asset usage and movement, enabling organizations to optimize their operations and reduce costs. This can include the use of geofences, which can alert users when an asset enters or leaves designated locations

· Adaptive tracking technology: Smart asset trackers can detect when a device is in motion and increase the update rate, providing detailed information when needed while conserving battery life when the device is stationary. This adaptive tracking technology helps to optimize data usage and extend battery life

·  Modular and customizable storage solutions: Smart asset trackers can be modular and customizable, allowing organizations to create storage solutions that meet their unique requirements. This flexibility can help to ensure the safe storage and tracking of valuable assets

These features can help organizations to improve their asset management processes, reduce losses and theft, and increase operational efficiency. By leveraging IoT and cloud technologies, smart asset trackers can provide real-time visibility into asset locations, enabling organizations to make informed decisions about their assets and optimize their operations.

Benefits of an Asset Tracking System

·       Save time, money and resources

·       Fast asset recovery

·       Optimise asset lifecycles

·       Maximise productivity

·       Minimise waste

·       Enable route optimisation

·       Reduce risk

·       Reduce carbon footprints

·       Meet health and safety requirements

·       Secure lower insurance premiums

·       Protect assets and personnel from changing environmental conditions

·       Automate and streamline previously labour-intensive processes

·       Reduce human error

·       Gain business intelligence and actionable insights for better business decision-making