Future of Asset Tracking Software.
                     THE FUTURE OF 
ASSET TRACKING 
SOFTWARE
Why Asset tracking 
software?
 Every company has assets, or resources and actively 
keeping track of or managing those assets will help as it is 
less likely those items will be lost or stolen, and more 
likely that they can be used to their full potential.
Future of asset tracking
 Thanks to widespread adoption of connected devices and 
the internet, companies have had their limiters for growth 
removed and can employ more people to do more things in 
more places. Essentially, businesses now have the ability 
to work seamlessly on a global level.
Demand for real-time 
data 
 Availability of real-time data and the speed with which 
information is produced and digested within an organization 
is vital. Relative to asset tracking, people need to know 
where things are, what their status is, what their availability 
is, and how they are being used.
Advancement in location 
sensing
 Improved accuracy and reliability of indoor positioning with 
wireless networking technology being built into LED bulbs 
and access points being powered over Ethernet, there has 
been a profound decrease in the burden previously 
associated with installation and maintenance.
Artificial intelligence
 For Artificial Intelligence (AI) and robots to work, a location 
context is required. AI can tell us when to predict a piece of 
technology is going to need maintenance. Whether it is a 
light bulb that needs to be replaced in a boardroom projector, 
or an infusion pump at a hospital that needs to be charged, 
AI can tell us when these things will need attention.
Architecture design & 
interoperability
 Interoperability, while long talked of, has only recently 
become a reality. Historically, systems where data is 
captured have operated in silos. However, with the rise of 
the Internet of Things and REST architectures, we are 
finally seeing real interoperability between systems.
REST Architecture
 REST architectures allow for universal integrations with 
other systems and applications. Every map element is 
given an external ID so it can be addressed with data 
through third party Application Program Interface (API) 
integrations.
Advantages
 Quickly identify asset location, eliminate redundant 
assets, improve the organization of the shop floor, monitor 
performance of employees as well as unproductive 
activities and identify process inefficiencies and lean 
wastes.
The bottom line
 The impact these trends are having on asset tracking is vast 
and will continue to transform the way enterprises consume, 
interpret, and benefit from data. The combining of data 
visualization and asset tracking is transformative in its ability 
to optimize the way enterprises engage with data.