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IoT Based Asset Tracking System

 IoT Based Asset Tracking System - IoT ONE Case Study
Technology Category
  • Functional Applications - Remote Monitoring & Control Systems
Applicable Industries
  • Transportation
Applicable Functions
  • Logistics & Transportation
Use Cases
  • Driver Performance Monitoring
  • Geofencing
  • Track & Trace of Assets
  • Vehicle Telematics
The Challenge

The existing system used by the customer could only track a few thousand assets and was able to generate only a few standard set of reports. As the number of assets tracked grew exponentially, the system started to break at the seams. The Tracking devices were from different manufacturers following different protocols. There was no proper integration among the devices to send instant alerts. There are thousands of tracking devices spread across multiple geographies, that are moving. The configuration and troubleshooting of these devices incurred heavy costs, which was a logistics challenge. The existing system did not provide sophisticated Analytics, Business Intelligence and Insights from the data

About The Customer
A leading Vehicle Tracking services provider for businesses across the globe.
The Solution

Built a highly scalable and robust message processing server. Developed a console that can commission, configure, and trouble-shoot a wide range of devices from a large number of manufacturers. An analytics engine that could deliver Analytics, Business Intelligence and Insights for a diverse range of industries and use cases. Implemented geo-fencing to create a virtual geography. This enables the software to trigger a response when a particular asset enters or leaves a particular area. It ensures that an equipment is used only in the permitted area and alerts on any unauthorized usage outside of that area. Developed a driver behavior analysis module that tracks and reports on reckless driving, harsh braking, and other actions that lead to fleet risks. Detailed dashboards, not just on the location of moving assets, but also on the condition of goods are reported. These include vehicle wear and tear, excessive fuel or CO2 consumption and other similar circumstances. Combined the Reporting feature with a custom report builder that offers more flexibility at work. Customers can focus on their own unique business KPIs with improved efficiency.

Data Collected
Asset Utilization, CO2 consumption, Vehicle Status
Operational Impact
  • [Product Improvement - Customer Service]
    The customer now has a stable and a scalable system that lets them focus on business development initiatives and enhancing customer service.
  • [Process Optimization - Remote Control]
    Considerable cost savings since the customer could configure, commission and maintain the devices remotely.
  • [Data Management - Data Analysis]
    The rich and powerful Analytics and Business Intelligence functionality delivers better value for their customers and enables them to acquire new customers with ease.
Quantitative Benefit
  • 50 + predefined reports generated in minimal time

  • 100% scalable solution that tracks new devices as they are added

  • 2ximprovement in cost recoveries

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