IoT Asset Tracking and Monitoring
PsiBorg Offers Industrial IoT Asset Tracking Solution
All big industries struggle to properly manage their assets ( buildings, equipment, tools, inventory, and employees). That’s why IoT based asset tracking and monitoring solutions have become very common in industrial businesses. PsiBorg develops asset-tracking solutions using a variety of technologies, including LoRaWAN, RFID tags, GPS, and cellular connectivity, depending on the client’s requirements.
Email us your requirements to discuss everything in detail.
Industrial IoT Asset Tracking and Monitoring
Asset tracking is one of the primary use cases of IoT systems. The IoT-based asset tracking and monitoring system involves the use of internet-connected devices, gateways, and GPS/other location technologies, to track the location, performance, and condition of mobile assets, vehicles, and equipment.
Moreover, IoT asset tracking offers businesses a reliable way to keep track of the moving or stored assets throughout the entire product lifecycle. From the shipment of raw materials used in the manufacturing industry to the delivery of final products anywhere around the globe.
Where else IoT asset trackers can be used? The IoT asset trackers can also be used to keep real-time track of livestock, pets, and wild animals.
Why You Need Asset Tracking and Monitoring Solution
Asset tracking isn’t a luxury but a need for industries that give importance to efficiency, affordability, and security. The Internet of Things allows much more than solely asset tracking. Businesses and manufacturing industries don’t only want to know where the assets are, but also their current status. And the ability to remotely monitor and track the assets.
The major benefits of Asset tracking solutions are:
1. Keep track of your assets
2. Find out how they are used
3. Keep track of their maintenance needs
Types of IoT Asset Tracking Solutions
PsiBorg offers asset-tracking solutions for monitoring the location, condition, and status of physical items. The asset tracking solutions can be used for indoor asset tracking or long-distance tracking.
Moreover, there are types of IoT asset tracking solutions that PsiBorg is proficient in developing such as:
GPS tracking-Â It is most commonly used in fleet management and tracking where delivery companies where the smart IoT tracking device consists of GPS hardware and locating devices.
RFID tracking-Â RFID-based tracking is utilized in asset-heavy businesses and mainly in inventory warehouses. The RFID tracking includes heavy-duty tags and labels along with a scanning device.
Bluetooth tracking-Â Bluetooth tracking is utilized for short-distance asset tracking and long-range connections. The Bluetooth hardware is of low cost and consists of BLE tags and receivers.
Barcode tracking-Â Barcode tracking is similar to RFID and is generally used for inventory and on-premise tracking. The hardware used in barcode tracking are label printers and a scanning device.
Which Industries Benefit From IoT-based Asset Tracking Solution?
Irrespective of the industry, if you have assets that are crucial for business operations, you will benefit from an IoT-based asset-tracking system.
Moreover, some specific industries can gain more benefit from real-time asset tracking, such as:
Logistics and Transportation- In the logistics field, real-time asset tracking is crucial to ensure timely deliveries of assets and minimize cargo theft.
Micromobility- here, asset tracking is important for monitoring bikes, scooters, and similar vehicles to ensure efficient availability for users and minimize the cost from the loss of theft.
Retail- In retail and similar businesses asset tracking is needed to manage the inventory/stocks.
Healthcare- Asset tracking in the healthcare industry helps in keeping track of equipment and complying with regulatory requirements thus ensuring patient safety.
Agriculture- Asset tracking is also very useful in the agricultural industry to monitor livestock and heavy farm equipment.
Smart Asset Tracking and Monitoring Solution by PsiBorg
At PsiBorg, we work on developing end-to-end IoT-based products and cater to all industries. And when it comes to industrial IoT asset-tracking solutions, there is no one-solution-for-all. For a solution with a vast array of use cases, each subject demands diverse technological and operational requirements and the solution needs to be optimally customized by balancing specific constraints like cost, size, energy efficiency, coverage, and accuracy.
However, no need to wear as PsiBorg has experience in developing such solutions. And we will be the right IoT solution provider for your business.
Just reach out to us with your specific needs and we will develop IoT solutions as per your needs.
Our Process
1
Planning
PsiBorg starts any IoT development phase with planning. Firstly, the team experts strategically outline the scope and objectives of the solution and accordingly decide on resource allocation. The planning phase is the foundation of successful IoT solution development.
2
Analysis
After planning comes the requirement analysis stage, where the main objective is understanding the end user's needs and requirements. Our tech team gathers detailed insights to decide the flow of the development.
3
Design
In the design phase, a detailed blueprint of the project is created to clearly define the system’s architecture, data structure, and interfaces. In IoT solution development, the designing phase is also accompanied by prototyping, to validate the expected outcomes.
4
Implementation
In the implementation stage, the actual concept and product prototyping take place. The PsiBorg team, at this stage, initiates the MVP for the IoT solution. The implementation stage includes the development of all the hardware, firmware, and software. After implementation, the system undergoes integration and testing.
5
Testing & Integration
The testing stage is part of the development process because testing of the final product is necessary. Our team checks and thoroughly tests everything- hardware, firmware, and software. After conducting unit testing and validating the system, we deploy the project for production.
6
Maintenance
The final stage involves maintenance and support of the deployed solution. In the maintenance phase, PsiBorg offers to address waves, do updates, and provide ongoing assistance to the users.
Why Choose PsiBorg for IoT Product Development?
Ready to elevate your IoT devices with advanced IoT solutions? Contact us today to discuss your project requirements and explore the possibilities.
Expertise
Our team comprises seasoned developers with a proven track record in delivering successful IoT projects.
Innovation
Stay at the forefront of technology with innovative IoT solutions tailored to your unique requirements.
Reliability
Trust in the reliability of our IoT products, ensuring the stable and secure operation of your IoT devices.
Speak with an expert
- Get help evaluating if PsiBorg is right partner for you
- Get information on IoT Solution and pricing
- Get a demo of how IoT can help with your use case
Case Studies
The true success of a business lies in the trust and partnership cultivated between clients and the company. Click to read about some of our proudest achievements. Â
Interested? Let’s Get Started
STEP 1
Contact Us
Reach out to us via the contact form or give us a call to initiate the conversation about your IoT development needs.
STEP 2
Get Consultation
Schedule a consultation with our experts to discuss your project in detail, aligning our approach with your unique vision.
STEP 3
Get a Cost Estimate
Receive a detailed cost estimate tailored to your project’s scope and requirements, ensuring transparency in your investment.
STEP 4
Project Kickoff
Once finalized, we'll initiate the project kickoff, marking the beginning of our collaborative journey toward successful IoT product development.
Frequently Asked Question
An IoT-based asset-tracking system uses IoT devices like gateways, modules, GPS, and other location-tracking technologies to track the location, performance, and real-time status of assets like vehicles, and equipment. With an IoT based asset tracking system, one can remotely control and manage the assets in real time.
More than being beneficial, asset tracking is necessary for businesses as it substantially improves the utilization of devices and assets. However, the list of benefits that an asset tracking system offers includes real-time visibility, predictive maintenance, security and compliance, better time management, fewer errors, minimum theft and loss, and real-time supply chain traceability.
An IoT-based asset-tracking system involves three prime elements, i.e. a tracking device, a connectivity method, and software that can allow you to manage all the processes remotely. The tracking device encompasses tags or sensors, it collects and transmits device data (location, status, and asset condition) in real time. A central system monitors and analyzes this data, enabling efficient asset management and optimization.
PsiBorg is an IoT service-providing company that offers custom IoT-based asset-tracking solutions to simplify fleet management and asset-tracking systems. We at PsiBorg provide end-to-end IoT solutions consisting of IoT hardware, software, and integration.
Inventory tracking focuses on tracking the stocks, managing quantities, restocking, and managing issues related to stores and warehouses. Whereas, asset tracking involves monitoring and managing individual assets, such as equipment or vehicles, by tracking their location, condition, and usage.
For example, inventory management tracks where stock is located on the shelves of a warehouse. Asset tracking is responsible for monitoring and managing the shelf itself.
The industries that benefit the most from IoT-based asset tracking solutions are- manufacturing, mining and metals, utilities, government, and municipal, healthcare. Defense, oil & gas, and telecom.
