State of Asset Tracking Hardware

The expectations of everyone to know the exact position where their belongings are increases their self-confidence. Whether it is a tour car taken for a road trip somewhere or package shipping and the owner awaits delivery or a machine in a hospital. It doesn’t really matter the industry or field you are in, it is time you acknowledge the benefits of asset tracking hardware to your company’s growth. The ability to manage and be aware of the location of your company’s assets gives your company more visibility in managing projects. Asset tracking prevents loss of assets and promotes better customer service. If your company has not yet invested in cellular asset tracking you are losing out on the cool advantages and you should check the advantages that it comes with for your business growth. What is the future of asset tracking? Good question but the answer depends on the type of tracking you are asking about.

This is also known as GPS-based tracking. GPS based or outdoor tracking is thinking of tracking from an outdoor point of view. You may think of your fleet on the traffic, a package on transit to a customer for delivery and many more. Outdoor tracking represents a relatively inexpensive and mature market since it uses inexpensive technologies which have been in the mainstream for lots of years. For example, car trackers comprise of small gadgets plugged to ODB ports of the cars and connected to magnetic GPS trackers which are battery powered. Despite being cheap, tracking vehicles are becoming outdated because of the increased mobile phone technology. The era of smartphones gives options to install an app which keeps him or her on the radar on where their assets are. The future will definitely have more fleet being monitored by the use of mobile phones. This could also lead to phone ownership issues at work. It could perhaps lead to people owning two phones, one for normal communications and the other for managing assets. 

Vehicle tracking will not only be forced out by phone tracking alone. Other technological advancements like WIFI sniffing, when combined with LTE-M makes it possible for one to track shipping and packages. This also functions to track assets which are inside trucks under transportation. This basically means the devices won’t work anywhere else but in the vehicles, they are set to. The devices provide access to cellular networks at relatively cheaper costs and are also made with long life batteries for increased efficiency. 

Companies have started acknowledging the benefits of indoor tracking too. This type of tracking has been implemented in almost all spheres of life ranging from healthcare to manufacturing and construction among others. In the construction industry, for example, indoor tracking can be used to track workers and equipment at the construction site. Indoor tracking makes use of short-range transmission technologies like Bluetooth. This makes it easier for one to track assets inside a common room or building. Other technologies used for indoor tracking include WIFI based tracking and ultra-wideband technology.  All these inventions are more effective and easy to use. They are also less costly hence driving more companies to prefer their use.

Location tracking will continue being the cornerstone of IoT. This is brought out by the fact that almost all IoT applications depend on the location of the device. Location tracking never loses the signal since the technology used is up to date and tested to meet quality standards. This ensures the safety of your assets and easier management tasks. Location tracking never loses its place in IoT since it has paved the way to all the modern inventions flooding the markets. Knowing the location of your valuable assets gives you peace of mind and saves time which otherwise one could spend monitoring their assets manually.

Modern tracking devices are also automated making them more user-friendly and increase effectiveness too. The devices detect signals without trigger and send information to the servers for analyzing and decision making. Data received from the tracking device can be used to make critical decisions in an organization. Has your company adopted cellular asset tracking systems? Probably the expected answer is yes. If not you should be in the process of looking for one to fix into your businesses operations.