Blog | Asset Live Track: Asset Management Trends & Insights

Maximising Efficiency with Remote Monitoring and IoT Asset Tracking

Written by Digital Matter | Apr 18, 2022 4:31:00 PM

Over the last decade, there has been a dramatic change in how technology is utilized to improve our daily lives and how we work. The ability to quickly access information to maintain a business can be correlated with the success and continuity of many businesses. IoT remote monitoring provides valuable insights to businesses through automatically collecting data, storing, and analyzing it through cloud-based technology. There are endless possibilities for applying IoT remote monitoring to optimize operations.

 

Remote Monitoring Applications 

Remote monitoring and management using IoT allow businesses to gain a better understanding of the utilization and condition of their assets or processes and how they can be optimized.  

Depending on what you are monitoring, there is a wide range of remote monitoring IoT devices on the market today – from GPS trackers to various environment and condition sensors. Data is collected from the sensors and usually sent to a cloud-based platform for reporting, enabling a wide range of applications! 

 

The Benefits of IoT Remote Monitoring: 

Incorporating remote monitoring with IoT can improve and optimize operations in many ways. It can increase a company’s efficiency, reduce costs, allow them to become more agile, and enhance customer satisfaction. Data can be collected and analyzed to monitor assets from afar, allowing for businesses to manage their assets efficiently from one location.  

Real-time Location Tracking 

Real-time location refers to the live monitoring and tracking of assets to provide accurate location updates. Through providing real-time location tracking, businesses gain full visibility of their asset’s location at all times. This is highly important for monitoring and managing assets that move around frequently between locations. 

Preventative Maintenance 

The ability to schedule asset maintenance based on run times and movement data can drastically improve and optimize asset utilization for businesses. Through remote monitoring and management of data, businesses can reduce downtime of equipment or the costly expense of repairing or replacing equipment. 

Theft Prevention 

Remote monitoring can be helpful in theft prevention and recovery of stolen assets. GPS devices can be discreetly placed within or on assets and provide real-time tracking. When an asset is reported as stolen, the GPS tag placed in or on the asset can be switched to recovery mode, and it can be recovered. Alerts or notifications can be sent when an unauthorized movement of an asset occurs. 

Condition Monitoring 

There are many factors that could affect the condition of an asset. Utilizing IoT remote monitoring, businesses and individuals can monitor the conditions of their assets with GPS tags that have smart sensors to detect a range of conditions. Cold chain monitoring allows for greater in-transit visibility of conditions, including temperature, humidity, and moisture. Sensors can also detect any impacts that may occur, reducing the risk of assets getting damaged and/or broken. 

 

Remote Monitoring Across Industries 

Below are a few examples of industries that are benefiting from incorporating IoT remote monitoring into their processes. 

Industrial and Manufacturing  

Leveraging remote monitoring capabilities with IoT, industrial and manufacturing companies are increasing operational efficiency and proactively able to monitor and manage assets and schedule preventative maintenance on equipment and machinery to reduce idle time and increase the lifespan of assets.  

Logistics and Fleet Management 

IoT remote monitoring is used in logistics and fleet management to improve fuel efficiency, allow for preventative maintenance, and improve regulatory compliance. Through increased in-transit visibility, businesses are provided with greater insights into asset utilization and how they can increase optimization. 

Healthcare 

Hospitals and other healthcare providers are using remote monitoring and management to keep track of inventory and quickly locate medical devices. IoT also allows for conditional monitoring, which is crucial when transporting temperature-sensitive assets such as vaccinations.  

 

IoT Remote Monitoring and Management with Digital Matter Devices 

Digital Matter devices are designed with capabilities to remotely monitor and manage assets using IoT. With both wired and battery-powered options, each device provides unique solutions, from ultra-rugged IP68 housing to quick and easy installation. 

Our IoT remote monitoring devices are integration-ready and can be used in any remote monitoring software.