Asset Tracking and IoT

Can you remember the last time you misplaced your car keys? It’s one of the most frustrating things to look for, especially when you are about to rush out the door for an important appointment. Thankfully, your smartphone is easier to find courtesy of “find your phone” type apps, made possible by the inbuilt positioning systems in your phone. What if you could have that same convenience of real-time tracking available to non-powered and unconnected assets like keys, pallets, tools, trolleys, machinery etc.? What would be the potential benefits to your customer’s business and how can you add value in this space?

Did you know? 

A Telsyte study commissioned by Telstra has revealed that assets lost cost Australian businesses over $4.3 billion dollars annually! The need for asset tracking has never been so badly felt across many industry verticals. Thankfully, technology has evolved at a dramatic pace to make finding anything in real-time possible. Imagine a sensor as discrete as a 20-cent coin, with the technology built-in, to enable 24x7 connectivity without having to worry about battery life. These IoT sensors enable the direct flow of data to a cloud platform. This sensor now allows you to track IT assets like laptops and tablets, even when they are switched off or outside of corporate Wi-Fi. It’s not just your customers IT assets that IoT solutions can help track and manage, but also any other tangible assets that add value to the business.

For example, a Construction Company;

Take for example a construction company you currently provide IT solutions to. How beneficial would it be to this business if they have a real-time, single plane of glass visibility into where every important piece of machinery is at every single site; or even better, if this data is integrated into their ERP system to automate asset auditing and ordering processes. The benefits to this business will then include improved asset utilisation, better asset security and streamlined business operations; all of which translate into improved profitability and customer service. 

Value Added Resellers

Similar benefits can be achieved across operational lines of businesses across several verticals including healthcare, retail, logistics, transportation, utilities etc.Value added resellers and systems integrators are best placed to help businesses achieve these benefits. IoT technologies achieve their full potential when sensor data is integrated into business management software. Moreover, an effective solution would need professional services including network architecture, solution deployment, project management and infrastructure maintenance.

If you’re not already considering IoT powered Asset Management, here’s why you should:

• Reduce reliance on manual human involvement and increase device efficiency
• Decreased maintenance costs – achieve strategic cost tracking
• Reduce asset downtimes from asset failure – with IoT increase the life of the asset through predictive maintenance and automation

Are you ready to help your customers reduce operational losses and increase business efficiency?

Discover more on IoT or get in touch with us today to learn how Telstra’s Track & Monitor solution can be a game changer.