Mobilogix End to End IoT Solutions for Asset Tracking
3 Reasons why IoT is the right choice for Asset Tracking
3 Reasons why IoT is the right choice for Asset Tracking

3 Reasons why IoT is the right choice for Asset Tracking

What is Asset Tracking?

Before we get to the 3 Reasons why IoT is the right choice for Asset Tracking, we need to define terms. Asset Tracking, often known as asset management, is the process of tracking physical assets as they move through the supply chain to monitor location, condition, and prevent loss. Traditional techniques of tracking high-value objects, such as scanning barcodes or conducting hand-count inventories, are commonly used by businesses.

What are the Components of IoT Asset Tracking?

While specifics vary by industry and use case, all IoT asset management solutions must incorporate the following components:

  • Device Tracking: Depending on the use case and the object to be tracked, the form factor changes. They may have a single purpose, such as simple tracking tags, or they may have multiple purposes, such as car dash cams.
  • Connectivity: What is the connection between those devices? Wherever your tracking devices are put, you’ll require reliable network access. Cellular networks are used in many commercial and industrial IoT applications to accomplish this.
  • Platform Management: A mean to control connectivity from afar, track device location, and obtain device statistics These functions are handled by your IoT platform.

3 Reasons why IoT is the right choice for Asset Tracking

IoT asset tracking solutions offer businesses a number of advantages over conventional asset management systems, including:

  • Minimal Time Consumption. Typical processes entail some manual labour, which takes time and exposes you to human mistake.
  • Real-Time Tracking. You may use the IoT platform to check in on a device’s position and status in real-time if your system is connected 24 hours a day, seven days a week. For some time-sensitive applications, such as personal safety or theft recovery, this is critical.
  • Automated processes. You may automate relevant operations throughout the supply chain by using an IoT-based asset tracking solution.

Choosing the right IoT Asset Tracking Solution for your business

Each use case has its own unique set of requirements and dependencies.  Begin your needs assessment with the end goal in mind: What do you hope to achieve?  Gather your thoughts and questions, then reach out to an IoT solutions provider with experience in your space.

3 Reasons why IoT is the right choice for Asset Tracking

Mobilogix is a leading innovator in IoT since 2011.  We provide cellular IoT solutions for Asset Tracking.  For further information, Contact Us on info@mobilogix.com or +1 (949) 748-8895.