Asset Tracking & Monitoring

Enterprises are increasingly grappling with the loss of mobile assets and struggling to track them. Adding to this is the

  • Increased cost of operating the asset over time without realizing the root cause,
  • Loss of productivity due to unplanned asset breakdowns,
  • More extended and inefficient service schedules due of lack of visibility into what went wrong.

 

All of these have a significant bearing on the profitability, speed, and efficiency of operations.

Our Analytics provides track-and-trace capabilities and goes many steps further by combining data on assets, their location, utilization, operating conditions, servicing, life-cycle management, etc. and applying Machine Learning. The visibility and insights gained in the process dramatically ensure enterprises achieve the following:

Remote monitoring of Asset Operations

Maximization of Asset Uptime & Utilization

Reduced Cost of Asset Ownership

Predictive & Proactive Asset Maintenance

Intelligent Servicing of Field Assets

Alerts for Exceptional Conditions

Our Asset Tracking & Monitoring solution help Enterprises drive one or more of the following:

This allows an organization to track the availability, location, and inventory of movable assets like raw material, work-in-process goods, finished products, tools, and fixtures, etc. You are empowered with information on the presence of assets, making the organization more agile & efficient.  

Ability to track an asset and its operating conditions in real-time, coupled with the power of Advanced Analytics, ensure organizations clearly enhance the efficiency of their operations. For example, a team can quickly identify an increase in power consumption of an industrial asset, the possible factors contributing to the same and take appropriate corrective actions. Also, meaningful insights can help an organization maximize the asset uptime and usage, thereby directly influencing their revenue.

OEMs can leverage this solution to not only remotely monitor the condition of their product in use by the Customer, but can also enhance the life-span of the product by being more pro-active and predictive about issues that lead to a breakdown. With the intelligence gathered, in the scenario of servicing an asset, they can be a lot more definitive about the issue thereby ensuring quick, accurate and efficient resolution.  

Increasingly OEMs are feeling the push to move away from a capital expenditure to a usage-based operating model. The trend, which became prevalent with copiers and printers a few years back, is now finding its way into many more asset classes. For any OEM to undertake this transition, it is imperative that they have a robust mechanism to remotely monitor the health of their assets, and maximize its availability and utilization.