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IoT asset tracking and monitoring
IoT asset tracking solutions for efficient fleet and asset management
Track your physical assets in real-time
Receive timely alerts about your assets' conditions
Improve efficiency and security
What is IoT asset tracking?
IoT asset tracking is a game-changer in asset management. It harnesses the power of smart devices to monitor the location, condition and usage of assets. With over 10 billion devices connected worldwide, IoT transforms how businesses manage their assets.
Companies can collect live data through Bluetooth, cellular, satellite networks and GPS/GNSS technologies for precise location tracking. This combination allows businesses to track assets in real time, regardless of location or environment.
By utilizing IoT asset tracking devices, businesses empower themselves with increased efficiency, theft prevention and remote asset management. Sensors collect vital data, helping companies track performance, schedule maintenance and optimize their supply chains.
How does IoT asset tracking work?
IoT asset tracking involves three main components: tracking devices, connectivity and a centralized platform for data processing.
- Tracking devices: Sensors and trackers attach to assets like vehicles, equipment, or cargo. They collect data such as location, temperature and motion. Examples include vehicle GPS trackers and temperature sensors for perishable goods.
- Connectivity: The devices send data through networks like cellular, Bluetooth, or long-range options like LPWAN. These networks allow businesses to track assets over long distances, even in remote areas.
- Data processing platform: The system stores and processes data on a cloud platform. Businesses access this through dashboards to monitor asset and driver status, receive alerts and improve operations in real-time.
With IoT, businesses automate asset tracking, monitor performance and respond quickly to avoid downtime or equipment failures.
Benefits of IoT asset tracking software
Better asset usage
IoT helps you analyze usage patterns, reduce idle time and keep equipment running.
Prevent breakdowns
Condition monitoring allows you to track asset health and schedule maintenance before problems arise.
Real-time location tracking
Know where your assets are, plan routes and reduce delays.
Temperature monitoring
Monitor refrigerated trailers in real-time to protect temperature-sensitive cargo.
Better decision-making
IoT systems transfer data instantly, allowing businesses to make quick decisions and optimize operations.
Security enhancement
Receive instant alerts if an asset moves when it shouldn't, increasing your chance of recovering stolen assets.
Which industries benefit from asset tracking systems using IoT?
Agriculture
Farmers use IoT to monitor equipment and livestock, improving productivity. It helps automate irrigation machinery maintenance, saving time and resources.
Construction
IoT tracks heavy machinery and equipment, reducing downtime and preventing theft and losses. This tracking helps ensure that construction projects remain on schedule and within budget.
Transport and logistics
IoT enhances fleet management with real-time updates on vehicle location and status. These updates help reduce costs and improve delivery efficiency.
Intermodal transport
IoT helps manage containers across transport modes, ensuring smooth transitions between trucks, ships and trains.
Cargo and delivery services
Real-time tracking allows businesses to monitor deliveries, optimize routes and improve customer satisfaction.
Rail transport
IoT enhances the efficiency of rail freight operations by providing real-time data on cargo location and condition. It helps prevent theft and improves schedule adherence.
Healthcare
IoT tracks medical equipment and devices in hospitals, ensuring that critical tools are available when needed.
HVAC, plumbing and repair services
IoT asset tracking monitors service vehicles and tools, ensuring they are available and in good condition. It helps schedule maintenance and track usage, improving service response times.
Best practices for implementing asset tracking IoT solutions
Choose IoT technology that supports real-time asset tracking to optimize the visibility and management of your assets.
Essential steps for successful IoT asset tracking:
- Select the right technology: Choose accurate, reliable and scalable IoT tools. Ensure these solutions meet your industry's needs and align with your budget.
- Create a thorough implementation plan: Make a clear plan that outlines all the steps, such as staff training, system testing and setting up rules.
- Define key metrics (KPIs): Set clear goals to measure success, such as maintenance schedules or daily response times.
- Integrate with existing systems: Link your IoT system with other platforms, such as inventory management or maintenance software. Doing so provides a more complete view of operations and enables real-time decision-making.
- Partner with Radius for support: Work with Radius as your trusted partner to get expert guidance at every step.
Frequently asked questions
Can't find an answer to your question? Talk to the Radius customer support team at 888-278-9781. We're here to help you with any questions or concerns.
What is the difference between IoT-enabled asset tracking and regular asset tracking?
What assets can IoT technology track?
How does IoT asset tracking improve efficiency?
How does IoT asset tracking enhance security and prevent theft?
How does IoT asset tracking contribute to sustainability efforts?
Why choose Radius?
With over 34 years of experience in tracking solutions, Radius is a trusted partner for businesses across various industries. Our IoT asset tracking systems serve customers worldwide, helping them prevent equipment downtime, reduce costs and enhance security. These solutions ensure that operations run smoothly and efficiently.
