Asset Tracking

The realm of asset tracking encompasses diverse applications, spanning from container tracking within transportation companies, ensuring traceability in product manufacturing, monitoring animal movements, to even everyday utilities like locating personal belongings such as bicycles or keys. Acquiring the precise location of physical assets relies on the utilization of two distinct Internet of Things (IoT) technologies:

GPS tracking via satellite.
Communication with a gateway possessing a predetermined position.

Asset tracking devices often comprise uncomplicated battery-operated sensors that wirelessly transmit data to the internet. The acquisition of location data stands as a critical component within asset tracking scenarios, facilitating heightened efficiency in logistics while mitigating asset loss.

Benefits of Asset Tracking

Asset Tracking gives you many advantages and enables your company to be more efficient.

Enhanced Efficiency
Real-time insights optimize resource allocation and minimize downtime.

Cost Savings
Prevents loss, theft, and aids in predictive maintenance, reducing repair expenses.

Improved Security
Minimizes theft risk and aids in lost/stolen item recovery.

Regulatory Compliance
Accurate records assist in meeting industry regulations.

Informed Decision Making
Detailed data supports better planning, performance analysis, and customer service improvements.

Risk Mitigation
Reduces the risk of damage, loss, or unauthorized use for assets.

Asset Tracking Solutions

IoT Tracking solutions are typically based on a tag fixed to the asset to be tracked. The tags transmit data over a radio protocol to gateways (or access points or base stations), which are connected to the internet (or intranet).

Depending on the customer needs the right radio technology, additional sensors and battery has to be chosen and integrated in the final product. Miromico is specialized in developing IoT tracking solutions: from fast prototyping to large scale production.

Cargo Tracking

In logistics and transportation it is important for the customer to know the location of his goods in order to make his planning. Knowing the location of the goods and the requirements of the customer, transportation can be made more efficient.

Fleet management

Vehicle asset tracking improves fleet management in many ways including reducing fuel costs, reducing unnecessary and empty journeys, reduce risk, faster reaction time, schedule maintenance tasks.

Construction site management

On big construction sites it is important to know the location and quantity of goods and equipment in order to increase efficiency and save time and costs.

Animal tracking

IoT trackers for animals have very different requirements: life stock in a large farm, wild life tracking of rhino or birds, or simply track my cat or dog. Miromico has developed devices for all these use cases.

What makes Miromico Asset Tracking solutions different?

Many companies provide asset tracking solutions, other provide standard products. Miromico is an engineering company and puts the focus on:

Fast Integration

Thanks to the own IoT modules, gateways and strong Hardware/Firmware Team, Miromico can quickly come up with a proof of concept prototype fully integrated with a standard back-end.

Customize and scale

Once a prototype is evaluated the experience of industrialisation and the strong manufacturing partners make an asset tracking solution scalable.

Global Connectifity

Thanks to the own gateways, the deployment of an asset tracking solution is under full control.

Asset Tracking Success Stories

Cargo Container Tracking

A cargo company was using identification number on their containers and needed staff in each ware- house to identify them. Sometimes even the numbers were wrong or not accessible because a small container was inside a big container. Throughout the digitalization the company fixed asset tracking tags at each container and gateways in each ware-house. Now they can track and trace the goods of their customers, provide the location and make better estimates on arrival time. They can even log environmental data like temperature, humidity and shock. This attracts more customers, the company can reduce costs and increase efficiency.

FAQ

What is a Asset Tracking?

Asset tracking applications helps you to find your valuables based on their location. A simple battery-operated sensor is more than enough to wirelessly transmit the data to the internet and allow to monitor your assets.

Asset tracking is a big field and covers container tracking in transportation companies, traceability in production of products, animal tracking and simply "find my bicycle" or "find my keys".

The location data is essential in asset tracking use cases in order to increase efficiency in logistics and reduce loss of assets.

How does Asset Tracking work?

Asset Trackers, also called tags, are fixed to the assets to be tracked (containers, vehicles, animals...). The tags transmit data wirelessly over gateways (or access points or base stations) to the internet.

What is Asset Tracking system?

An asset tracking system consists of tags, gateways and management software.

Tags are IoT tracker devices fixed to the assets. They send their position and additional data over the air.

Gateways are forwarding the data to the internet. In the cloud the data is processed and an algorithm or a person takes an action upon it.

Why Asset Tracking is important?

Asset tracking is important, because action can be taken on a new location immediately and without the need of a human interaction. Furthermore journeys of assets can be logged and used for later proofs.