In a previous blog, we spoke about the need for high-performance computing at the edge of the network for a video analytics IoT use-case. We will continue along the same vein in this article, but will look at the transformation happening at Industrial IoT in the asset tracking, monitoring, and maintenance marketplace. While this is an extremely broad subject with thousands of use-cases, we will make an effort to look at it from an Industrial IoT perspective with a few examples.
Why is asset tracking important?
Most companies that have their valuable assets distributed over a large geographical area have to contend with a host of problems that affect their productivity, operational efficiencies, staffing, costs, and ultimately their bottom-line, among other things. These issues could manifest in the form of poor health of their assets, theft, pilferage, damage due to natural calamities, underperformance, safety, productivity, counterfeiting, leakage, excessive pollution and carbon emissions to outright loss of perishable goods, and the list goes on and on. In the past, there haven’t been cost-effective ways to monitor these assets to be able to take timely and corrective action or act on deep insights for better outcomes. Meaningful data collection has been quite expensive as well. Not anymore. Continue reading Asset Tracking: Industrial IoT Solutions for Improved Outcomes