1 / 5

How Does Asset Monitoring Work?

Asset monitoring is the process of employing linked gear and software to remotely track the location and state of equipment at a factory, warehouse, or industrial site. For instance, assets in the context of manufacturing operations can comprise machinery, components, and production lines.

Liza16
Download Presentation

How Does Asset Monitoring Work?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How Does Asset Monitoring Work?

  2. Introduction Asset monitoring is the process of employing linked gear and software to remotely track the location and state of equipment at a factory, warehouse, or industrial site. For instance, assets in the context of manufacturing operations can comprise machinery, components, and production lines.

  3. Uses of Asset Tracking Equipment and corporate assets can be managed wherever they are thanks to asset tracking and monitoring. Use scenarios consist of: • GPS integration provides more precise IoT asset tracking and monitoring in products, machinery, and transportation • Enhancing the effectiveness of the production process, distribution, and transportation routes • Improving predictive maintenance based on trends discovered over time from supply chain data collection • Utilizing IoT connectivity and management software to carry out crucial asset monitoring for high-value and mission-critical assets

  4. How Can Assets Be Monitored Most Effectively? A number of technologies, such as remote asset monitoring in industrial applications, IT asset management for businesses, and asset monitoring and control in hospitals and the healthcare sector, serve important business goals. These consist of: • RFID tags are small electronic devices that transmit and store data about a product or inventory, including its position. • Devices that may be incorporated into equipment and tracked using software and transmit through cellular networks or satellites are known as global positioning systems (GPS). • a tangible label attached to an item that can be scanned using a smartphone is a barcode. • A short-range wireless technology that can share data with neighbouring devices is Bluetooth Low Energy (BLE). • NFC is a two-way communication technology that is frequently utilised in mobile wallets and other contactless payment systems.

  5. Benefits of IoT Asset Monitoring • Remote inspections and smart asset monitoring made possible by the IoT can replace or scale back on-site visits. Sending out truck rolls to check on assets or find issues can be time-consuming, expensive, and dangerous for the workers. • Almost every system component can be measured by IoT sensors, and the results can be entered into asset management software to support preventive maintenance. • System reliability is increased via continuous monitoring, which decreases unscheduled downtime. • Costs associated with unplanned failure are greatly decreased through asset monitoring.

More Related