Traditional Asset Monitoring is a very challenging, time-consuming, and often not a very precise method since no real-time information is available.
Old methods employ manual techniques. Untraceable assets, asset downtimes, and asset write-offs are common problems associated with traditional asset management systems. A typical manufacturing company, for example, spends 25% of the total operating cost on asset maintenance.
Modern IoT Asset Monitoring Solutions on the other hand create a digital twin version of your organization and organizational assets and lets you monitor the location, condition, and utilization of your assets in real-time.
These solutions improve business productivity and reduce the operational costs and inefficiencies associated with asset management. Our tailor-made Asset Monitoring Service enables your organization to always know asset locations and asset health conditions. Features such as anomaly detection and predictive analytics help you detect and address problem areas in time. You can proactively take asset actions and schedule maintenance and replacements.
Our IoT Asset Monitoring Service enables your organization to: