Enhance asset management with real-time asset tracking

Organizations with distributed assets across multiple facilities face constant challenges such as inconsistent or unreliable updates on shipment status, limitations in connectivity coverage, and restricted scalability to track various assets or shipments simultaneously. Manual processes are time-consuming and prone to errors that exacerbate these issues, leading to a lack of visibility, unexpected outages, customer dissatisfaction, and millions lost annually due to misplaced or underutilized assets. And then there is cargo theft, which increased 57% in 2023, resulting in a loss of nearly $130 million across the U.S. supply chain.

To mitigate these risks, companies are modernizing asset tracking by implementing IoT-based monitoring solutions. It is also crucial for businesses to ensure the data from sensors and tracking systems is hosted on a robust and secure platform.