Track and Control What Really Matters – Precisely and Cost Effectively
Asset management is the ability to attach or embed a wireless device with GPS location capability and provide the ability for a user to locate and track the device on a recurring and automated or manual, on-demand basis. Historically, the primary driver has been theft prevention and recovery where the return on investment is driven by lower replacement costs and, in some cases, by insurance savings. Asset management is applied in a number of industries including:
- Automobile rental and leasing
- Federal and State agencies
- Construction equipment
- Freight and shipping
- Public transportation
- Law enforcement agencies
With the increased focus on homeland security applications, asset tracking has exploded in importance, partially as a result of government regulatory compliance statutes. For example, the container shipping industry is actively implementing container identification, monitoring of cargo and security alerts in the case of tampering. Asset tracking devices are also starting to include explosive and hazardous waste detectors that can be used to alert local authorities. With the amount of cargo entering US and Canadian ports from less than regulated countries, combined with the sheer volume of cargo crossing the Mexican and Canadian borders, asset tracking is evolving into a valuable security solution.
How KORE Can Help
KORE understands what it takes to deliver wireless data and has partnered with leading asset control technology companies to provide integrated and optimized M2M services, often with the requirement for 100% global connectivity. For example, using dual mode KORE cellular and satellite services, an asset control specialty provider can ensure the asset has not deviated from its intended path and provide documentation on chain of custody.
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