If your assets are out in the field without an asset tracking system in place. Then, now starts the real time to worry. Are they safe? Are they functioning? Are they still in the place where you put them? These are just a few of the reasons why companies are relying on asset tracking solutions. If your business revenue heavily depends on physical assets, tracking your assets effectively can directly affect your business revenue. Asset tracking is important for stock, equipment, vehicles, and infrastructure alike. Without an effective asset tracking system in place, you risk losing to more technologically advanced companies that are tracking their assets in real-time and are able to take timely management actions.
We talk every day with businesses in fields including oil & gas, utilities, healthcare, in-field agriculture, high-tech manufacturing, heavy equipment & equipment rental, emergency management services, automotive, and construction. Here are some of the many reasons why they put asset tracking solutions in place: