Published on 12/23/2016 | IoT Index
Last September, IoT Evolution announced the recipients of their 2016 IoT Evolution Asset Tracking Awards. Rich Tehrani, CEO, TMC, mentioned: "The recipents represent leaders in the rapidly evolving IoT industry. The editors of IoT evolution magazine look forward to seeing their future success."
IoT ONE features 249 asset tracking case studies, and Construction has the highest number among other industries.
Construction companies invest millions in assets that equip them to get the job done including cranes, excavators, surface drills and more. These specialized machines are critical to compleing jobs on time, especially when malfunctions translate to downtime and delays.
In such an asset-intensive industry, tagging equipments with sensors to monitor even the tiniest detail can provide real-time data on what sensors are doing and how well they're operating. Together, data gathered from various meters and sensors could provide users with a complete picture of asset performance.
Learn more about asset tracking case studies in the construction industry.
Automotive manufacturers are connecting vehicles wiith telematics to track driver (or user) behaviour, from driving patterns to health of automobiles. These aim to help improve safety, charge usage-based insurance premiums, provide remote vehicle diagnostics and minimize downtime with scheduled preventive maintenance.
Vehicle-based telematics allows tracking the health of automobiles and over-the-air diagnostics help schedule proper maintenance. Also, fleet management companies benefit from access to real-time traffic and location of their assets so that routes can be optimized.
Learn more about asset tracking case studies in the automotive industry.
As smart grid technologies began to be deployed rapidly at utilities through the last parts of the 2000s, primarily through advanced metering infrastructure (AMI), distribution automation (DA) technologies and control room software such as ditribution management systems, few companies appreciated its importance to a company-wide asset management strategy.
Several key impacts of smart grid management themes and approaches include integration approaches for new asset types, management of an increase in asset volume and collection to deployment of asset management analytics resulted in companies paying more attention in this area.
Learn more about asset tracking case studies in smart grid industry.
