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Enhance Asset Lifecycle Management for the Next-Gen Enterprise
As enterprises evolve and their assets become more connected, the asset management processes must evolve as well. Two-thirds of companies in the asset intensive sectors like Manufacturing, Industrial Machinery, Financial Services, Transportation and Logistics, Oil and Gas, Technology, etc. are leveraging or planning to deploy IoT-enabled asset management solutions.
The Intelligent Asset Tracking & Management (IATM) solution, by IoT WoRKSTM, aims to enhance asset onboarding, transform inventory auditing processes and improve asset visibility through location monitoring. The plug and play solution integrate with the existing enterprise systems to harness the power of IoT for asset management throughout the asset lifecycle. This improves operational efficiency & productivity and eliminates potential losses incurred due to asset theft and misplacement.
An industry agnostic solution, IATM has various application areas – IT assets, Life Sciences and Healthcare, Financial Services, Automotive and MRO services being the immediate realized implementations.
The inevitable need to have a 360-degree view of the enterprise assets is driving the $5.1 Billion EAM market today. Growing at a CAGR of 16.7%, the data driven outcomes enabled by IoT is only accelerating the EAM market towards the estimated $8.2 billion by 2024.
IoT-Led Asset Tracking Automation for Next-Gen Enterprises
Asset Location Visibility
Indoor maps driven visual dashboards updated in near-real-time
Improved Inventory Audits
Rapid Inventory Audits with detailed audit reports resulting in higher inventory accuracy
Enhanced Asset Security
Proactive Asset Theft Prevention notifications & alerts
Asset movement direction (entry/exit) detection
Systems integration for automated workflows
IoT-led Asset Tracking
End to End solution comprising hardware, software & integration services delivered as an IoT WoRKSTM managed services offering.
Near Real-Time Asset Visibility throughout its lifecycle - from Procurement to Disposal
Improved Asset Lifecycle Management
End-to-end tracking throughout the asset lifecycle from procurement to disposal
Reduction in cost of lost, stolen and/or misplaced assets
Improved Operational Efficiency
Asset tracking automation enables improved process and audit effectiveness hence saving time, effort and money
Augmented Asset Cycle Counting
IoT enabled asset tracking enables Rapid Inventory Audits resulting in higher inventory accuracy
Centralized Asset Visibility
Cloud platform helps access information anytime, anywhere and on any device, thus helping organizations to maintain visibility of hundreds of thousands of assets in a centralized manner
The Smart Architecture for Next-Gen Enterprises
Unmatched capabilities expanding new horizons in IoT
Accelerator for device
Reference design for an intelligent device
Platform Acceleration Suite
Build next generation cloud services
Global IoT Services Wave for Connected Business Operations, Q4 2018
ISG Research Quadrant for IoT in Healthcare, U.S. Market 2018
ISG Research Quadrant for IoT in Connected Cars, U.S. Market 2018
ISG Research Quadrant for Overall IoT Services, U.S. Market 2018
HfS Blueprint Guide: Industry 4.0 Services, 2017
IoT Services Peak MatrixTM assessment, 2017
Zinnov Zones, IoT Technology Services, 2016