🌐🚚 Unleashing the Power of IoT: Moving Beyond Fixed Asset Monitoring 📡💡

In the ever-evolving landscape of technology, organisations are continually seeking ways to optimise their operations and respond quickly to changing conditions. While many have successfully integrated Internet of Things (IoT) solutions to monitor fixed assets, there’s an intriguing question we’ve been considering here at Convert: “What challenges do organisations face by limiting their IoT scope to fixed assets, and what opportunities lie in extending it to monitor the location and environmental conditions of mobile assets both indoors and outdoors?”

Fixed asset monitoring has undoubtedly proven its worth, offering valuable insights into asset utilisation, maintenance needs, and operational efficiency. However, as industries progress, the focus is shifting towards a more holistic approach – one that includes the monitoring of mobile assets across the entire enterprise or vast industrial sites. This digital transformation comes with its own set of challenges and exciting possibilities.

Whether managing a fleet of vehicles, or monitoring tools and equipment being moved around large industrial sites, we believe that reporting asset location AND condition data allows for better allocation of resources, reducing costs and improving overall efficiency.

We’re keen to hear your thoughts on this topic. How do you perceive the challenges of organisations solely monitoring fixed assets in the IoT era? What opportunities do you see in expanding IoT capabilities to include the monitoring of ‘devices in motion’ assets? Dare we call it the IoMT era?! 📲👨‍💼
 
#IoT #IIoT #AssetManagement #DigitalTransformation #MobileAssets #EnterpriseTechnology