Application of GPS locator in the Internet of Things industry

With the rapid development of IoT technologies such as perception, communication, and platforms, traditional asset management models have gradually been replaced by intelligent asset management methods. In IoT applications, one of the most promising application scenarios is asset location tracking. Relevant experts predict that by 2022, the market size of asset locating and tracking IoT devices will triple. It is estimated that by 2027, there will be 267 million active asset locators used in agriculture, supply chain, construction, mining and other markets.

The old method of asset management is to use handwritten lists or Excel spreadsheets to track asset information. These manual methods are undoubtedly a heavy burden for asset managers who are responsible for keeping the latest asset records and answering asset whereabouts questions. The monitoring system of the Internet of Things uses GPS locators and related management platforms to automatically locate asset location information, rather than manual tracking. The GPS locator transmits its location information, and then the platform displays this information for users to view.

Depending on the type of business, different types of equipment, such as IT equipment, tools, or vehicles, are also used for the location and tracking of physical assets. Using IoT asset management application solutions, Eelink Communication Technology Limited can provide enterprises with real-time early warning, predictive analysis, automatic evaluation, data insight and other functions.

The following are some scenarios that can be based on IoT applications in asset management:

Location positioning: automatic location information, tracking and geo-electronic fence solutions.

Use time: automatic positioning, recording the time of key events and alarm prompts when the threshold is reached.

Warehouse inventory: automated warehouse inventory management.

Because of the size, price, and longevity of locator devices, asset management cases that support IoT applications are usually limited to tracking expensive and heavy equipment. With the development of technology, it is possible in the future to track smaller and cheaper devices.

Tag: IoT monitoring system,IoT asset management,GPS locator transmission