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Fremont, CA: For decades, asset monitoring has played an essential role in the supply chain and manufacturing industries, allowing firms to monitor resources and processes efficiently to enhance overall efficiency. For many years, doing asset tracking by cellular or satellite became costly, lacked sophistication, and eventually failed to exploit asset-monitoring potential fully.
Asset tracking applications are becoming increasingly widespread, pervasive, and complex due to the recent growth of the Internet of Things (IoT)-enabled systems. Companies can now transmit the asset's position and vital data about it, thanks to IoT.
Let's see some examples of how IoT-enabled asset-tracking systems are affecting the manufacturing and supply chain industries.
Users generally associate asset-management technology with use cases in smart facilities and warehouses, but there are countless benefits beyond those areas, including mail delivery. Swiss Post, the country's primary postal service, must guarantee postal service available to all customers, which creates a considerable problem in remote regions. Swiss Post expanded its service offering to address connectivity bottlenecks in these areas by collaborating with leading technology providers to develop a battery-powered optical identification (OID) device that streamlines the postal service ordering process for businesses and consumers in the community. With the push of a button, customers may purchase postal services as needed.
Low-power and long-range IoT technology are ideal since it is simple to implement and less expensive than other connectivity alternatives. In addition, some systems contain a modular and adjustable chipset that transitions easily between outdoor and indoor activities, eliminating the need to construct separate trackers for indoor and outdoor use.
Enterprise asset-management systems are usually not pre-integrated with the underlying network within the facility, resulting in lengthy deployment cycles and scalability challenges. Monitoring high-value assets and environmental conditions in facilities and warehouses, on the other hand, is mission important for enterprises.
To solve this, company owners turned to all-in-one asset and facilities-management systems based on the LoRaWAN standard. They provided a cloud SaaS offering that is easy and secure. The system, which uses long-range and low-power sensors, enables users to discover possibilities and concerns that may impact operations, worker safety, and income