Intelligent Asset Tracking & Management (IATM) Solution by IoT WoRKS | HCL Technologies

Solution Introduction

Enhance Asset Lifecycle Management for the Next-Gen Enterprise

IATM Solution

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.

Features

IoT-Led Asset Tracking Automation for Next-Gen Enterprises

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Asset Location Visibility

Indoor maps driven visual dashboards updated in near-real-time

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Improved Inventory Audits

Rapid Inventory Audits with detailed audit reports resulting in higher inventory accuracy

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Enhanced Asset Security

Proactive Asset Theft Prevention notifications & alerts

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Direction Tracking

Asset movement direction (entry/exit) detection

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Enterprise Integration

Systems integration for automated workflows

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IoT-led Asset Tracking

End to End solution comprising hardware, software & integration services delivered as an IoT WoRKSTM managed services offering.

Benefits

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

Cost Savings

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

Solution Architecture

The Smart Architecture for Next-Gen Enterprises

Real-time Manufacturing Insights Solution

Why Us?

Unmatched capabilities expanding new horizons in IoT

DDX

Accelerator for device
IoTization

Pangea

Data Analytics
platform

IDEA Gateway

Reference design for an intelligent device

Platform Acceleration Suite

Build next generation cloud services

LEADER

Global IoT Services Wave for Connected Business Operations, Q4 2018

FORRESTER

LEADER

ISG Research Quadrant for IoT in Healthcare, U.S. Market 2018

ISG

LEADER

ISG Research Quadrant for IoT in Connected Cars, U.S. Market 2018

ISG

LEADER

ISG Research Quadrant for Overall IoT Services, U.S. Market 2018

ISG

WINNER’S CIRCLE

HfS Blueprint Guide: Industry 4.0 Services, 2017

HfS

LEADER

IoT Services Peak MatrixTM assessment, 2017

EVEREST

LEADER

Zinnov Zones, IoT Technology Services, 2016

Zinnov

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