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Benefits of asset tracking

Asset tracking provides numerous advantages, enhancing overall operational efficiency for your company.

Enhanced Efficiency

Optimize resource allocation and minimize downtime, ensure smooth operations.

Cost Savings

Reduce repair costs and lower insurance premiums by preventing loss, theft, and enabling predictive maintenance.

Improved Security and Risk Mitigation

Reduce the risk of theft, aid in recovery, and prevent damage, loss, or unauthorized use of assets.

Regulatory Compliance

Maintaining accurate records supports adherence to industry regulations and standards.

Informed Decision Making

Comprehensive data facilitates better planning, performance analysis, and improvements in customer service.

Carbon Footprint Tracking

Monitor and manage your carbon footprint, improve sustainability and regulatory compliance.

Asset Tracking Solutions

IoT asset tracking solutions typically involve attaching a tag to the asset, which transmits data via a radio protocol to gateways (or access points), connected to the internet or intranet. Based on specific customer needs, the appropriate radio technology, additional sensors, and battery options are selected and integrated into the final product. Miromico specializes in developing IoT tracking solutions, offering services from rapid prototyping to large-scale production.

Cargo Tracking

In logistics and transportation, knowing the precise location of goods enhances planning and efficiency. Accurate tracking allows for better route optimization and ensures timely delivery, meeting customer requirements effectively.

Fleet Management

Vehicle asset tracking optimizes fleet management by reducing fuel costs, minimizing unnecessary journeys, decreasing risk, improving response times, and facilitating timely maintenance.

Construction Site Management

On large construction sites, tracking the location and quantity of equipment and materials boosts efficiency, saving time and reducing costs.

Animal Tracking

IoT trackers for animals cater to various needs, from monitoring livestock on large farms to tracking wildlife such as rhinos or birds, and even keeping tabs on pets like cats and dogs. Miromico has developed devices for all these applications.

Monitor Valuables

Real-time asset tracking allows you to monitor valuable items, track their locations, and receive alerts for any unexpected movements.

FMLR-80-STM LoRa® and LoRaWAN® IoT modules enable wireless connectivity for devices, systems, and sensors, supporting high data rates and long-distance communication

FMLR-1110-STM

All-in-one low power LoRaWAN asset tracking module.

Lone Worker Safety

Equipping lone workers with GPS-enabled trackers ensures their safety by monitoring their location, sending real-time alerts in emergencies, and facilitating regular check-ins.

Asset Tracking – Use Case

Asset Tracking – Use Case

Cargo container tracking.

A cargo company previously relied on identification numbers for their containers, requiring staff in each warehouse to manually identify them. This process often faced challenges, such as incorrect numbers or accessibility issues, especially when smaller containers were inside larger ones. With the advent of digitalization, the company implemented asset tracking tags on each container and installed gateways in each warehouse. This upgrade enabled real-time tracking and tracing of goods, providing accurate location information and improving arrival time estimates. Additionally, the system logs environmental data such as temperature, humidity, and shock, ensuring better monitoring of cargo conditions. These enhancements have attracted more customers, reduced operational costs, and significantly increased efficiency, transforming the company's logistics operations.

FAQ – Asset Tracking

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.

What Are the Challenges in Asset Tracking Projects?

Asset tracking faces challenges like short battery life, inconsistent global communication, and high device costs. Ensuring long-term tracking and connectivity worldwide is difficult and expensive due to varying network standards and power consumption.

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.

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