Why is asset intelligence important for businesses today?
Asset Intelligence is crucial for businesses today as it enables them to use their resources efficiently to make informed decisions, enhance productivity, reduce costs, manage risks, gain a competitive advantage, satisfy customers, comply with regulations, and meet sustainability goals. The Asset Intelligence platform features an advanced Asset Tracking System that enhances supply chain efficiency, scalability, data-driven innovation, and adaptability in today's data-driven world. Asset intelligence empowers businesses to operate more effectively and stay competitive in today's dynamic market.
How does Asset Management work?
An Asset Management System involves identifying, collecting data, tracking, and optimising an organisation's physical and financial assets. It includes maintenance, risk assessment, performance evaluation, and asset optimisation. The process utilises technology and reporting for informed decision-making and spans the entire asset lifecycle.
How do you keep track of assets?
Keeping track of assets is crucial for businesses and organisations to ensure efficient management, maintenance, and accountability. Using our Asset Management System, you can record your asset’s information, track its location and status, schedule maintenance and generate reports. A simple way to track your assets can be through barcodes/QR codes or RFID/asset tags. These identifiers make locating and managing assets easy and reduce manual work.
What are the benefits of asset-tracking software?
Asset Tracking Software offers numerous advantages, including enhanced visibility, efficiency, cost savings, and better decision-making. It facilitates real-time location tracking and managing the entire asset lifecycle to reduce downtime while significantly improving asset utilisation and productivity. We offer one of the best Asset Management software in India. Our system is highly scalable, mitigates risks, improves customer satisfaction, enhances sustainability, and seamlessly integrates with other systems, making it a valuable tool for businesses.
What is RFID asset tracking?
RFID (Radio-Frequency Identification) asset tracking is a solution that uses radio frequency waves to identify and track assets or objects equipped with RFID tags or labels. RFID asset tracking systems consist of RFID tags, RFID readers or scanners, and software for collecting and managing the data. The data collected from these tags is stored in a central database accessible through asset tracking software. RFID tracking offers real-time accuracy, increased efficiency, reduced manual labour, enhanced security, detailed record-keeping, and cost savings. It is widely utilised across various industries for efficient asset management and monitoring.
Which technology is used for asset tracking?
The technology commonly used for asset tracking includes barcoding, RFID, and IoT. These technologies enable the tracking and management of assets through unique identifiers, radio signals, or connected sensors to monitor and locate items within an organisation.
Which industries require asset tracking software?
It can be used by various industries and organisations such as manufacturing, retail, logistics & transportation, government agencies, IT and technology. It serves to efficiently monitor, manage and locate various assets such as inventory, machinery, medical supplies, and technology devices, among others, providing streamlined control and visibility.
What are the types of asset management?
Asset management can encompass various types based on the organisation's objectives. Some of them include Returnable Transport Items (RTI), Active Field Assets, Shop-Floor Assets, and IT and administrative Assets. RTIs include pallets, crates, and containers that are used to transport goods. Active Field Assets such as vehicles, machinery, sensors or devices used for monitoring and data collection are deployed on the field or in remote locations. Shop Floor Assets are typically found in manufacturing or production facilities and include machinery, tools, equipment, and other resources used in the manufacturing process while IT and administrative Assets include a wide range of assets found in office environments, such as computers, servers, office furniture, and other administrative resources.
Does the Asset Intelligence Platform include a temperature monitoring system?
Yes, the Asset Intelligence Platform incorporates a sophisticated temperature monitoring system. However, the Asset Intelligence Platform is a comprehensive solution that extends beyond temperature monitoring. Our high-performance IoT sensors enable real-time monitoring of various critical parameters such as humidity, ambient light, vibration, power consumption, energy consumption, and motion.