Making Industry Smarter with IoT-Enabled Asset Tracking and Management
Asset tracking is one of the most promising application areas of the Internet of Things (IoT). A variety of industries such as transportation and logistics, healthcare and food services are investing in technology to replace siloed legacy systems with automated asset management solutions to monitor physical assets such as equipment, product, vehicles and people. By implementing connected solutions comprised of low-cost sensors and Low Power Wide Area Networks (LPWANs), businesses can replace inefficient and burdensome manual processes with IoT-enabled asset management solutions.
Easily Deploy and Manage Asset Tracking Applications Today
LoRaWAN®-enabled asset management solutions can optimize processes and prevent theft, loss and damage of valuable goods by enabling businesses to locate, track and monitor remote assets.
- Remote management – Using sensor data to remotely manage assets drives operational efficiencies and increases revenue.
- Regulatory requirements – In the medical and food service industries, precise location and temperature reporting can support increasingly complex requirements related to the condition of shipments.
- Supply chain – Being able to accurately track assets as they move through supply chains can provide enterprises with a powerful competitive advantage.
- Inventory management – Real-time monitoring of inventory reduces the amount of idle stock in warehouses.
Asset Tracking Use Cases
IoT-enabled asset tracking solutions use sensors to collect data for location awareness and provide new operational insights to deliver goods and services more efficiently and at a lower cost. Easy LoRaWAN gateway deployment and cloud-based network management provided by Senet allow for applications to be implemented rapidly to lower operating costs and extend the life span of assets.
Cold Chain asset tracking monitors products in temperature-controlled environments, such as refrigeration and freezer units through the entire chain of custody, from processing and production to storage and delivery.
LoRaWAN is ideally suited for cold chain applications in healthcare where medicines need to be maintained at highly regulated temperatures, and food transport and handling to reduce the risk of illness resulting from contaminated foods or ingredients. A major component of regulation in these markets is the ability to track, report and maintain location and temperature conditions.
Securely tracking the location and condition of valuable equipment is critical to many industries, and managing asset utilization and reducing lifecycle costs becomes much easier with IoT-enabled solutions.
Integrating data from intelligent technologies improves decision making for planning and operations. Sensors measure location, vibration, temperature, loads and speeds and use a combination of real-time and historical data to recommend maintenance before issues develop. Access to equipment performance data also maximizes uptime and provides the ability to analyze trends to meet and exceed production goals.
LoRa Technology makes it easy and affordable for supply chain and logistics organizations to track high-value assets, including those that are in transit. With the technology’s long range and low power consumption qualities and GPS-free geolocation, vehicles, cargo and other assets can be easily monitored over large geographic regions and within harsh environments.
Fleet tracking systems using LoRaWAN connectivity can reduce costs by keeping fleets in the field longer, improve fuel economy, enhance safety, provide visibility into maintenance issues and deliver overall improvements to operational efficiency.
Farmers and ranchers have long desired the ability to track herds remotely. With long-range, low-power sensors and LoRaWAN connectivity this is now a reality.
Smart livestock solutions provide a complete view of animal location and behavior – allowing ranchers to monitor herds from a smartphone app. Sensor technology can help prevent livestock theft and helps ranchers detect issues such as an animal falling ill or being separated from the herd. Ranchers can minimize operating costs and reduce livestock loss while increasing animal health and safety.
The enterprise workforce has become increasingly mobile and rapidly transitioned to an “anytime, anywhere” work ethos. As a result, office space can sit unused for long periods of time or can be overbooked, based on the unpredictable flow of employees and visitors. The task of adequately utilizing and scheduling available space has become a logistical challenge for businesses.
Evidence-based occupancy data from smart sensors takes away guesswork and equips teams with actionable intelligence to improve workplace practices, inform future designs to accommodate a growing workforce, and ultimately boost employee productivity.