Indoor Asset Tracking Solutions: A Guide to Efficient Management

December 08 2023

Our mission is to help businesses connect, protect, and derive more value from their assets. As a leading global innovator, developer, and supplier of IoT solutions, we drive continuous innovation to enable our partners to deploy confidently at scale worldwide.

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Indoor Asset Tracking Solutions brings clarity and precision by leveraging advanced technologies to illuminate every corner of your indoor spaces. Businesses need efficient and meticulous control when tracking their assets both indoors and outdoors, and a reliable solution provides endless benefits.

What is Indoor Asset Tracking?

Indoor asset tracking involves monitoring and management of assets within indoor environments using specialized technologies. It’s a sophisticated approach to asset management that provides vital information on the location, status, and movement of assets within structures like warehouses, hospitals, and corporate campuses where traditional GPS-based tracking systems fall short.

How Does It Differ from Outdoor Tracking?

The contrast between indoor and outdoor tracking technologies is marked by the environments they are engineered to serve:

  • Connectivity Challenges: While outdoor tracking relies heavily on GPS, indoor solutions typically use Wi-Fi networks, which are more conducive to transmitting signals through walls and floors.
  • Technology Adaptation: Indoor tracking systems often employ RFID, BLE, and UWB technologies, which are adept at navigating the signal complexities within buildings.
  • Infrastructure Integration: These systems can integrate with existing indoor infrastructure, such as lighting and security systems, for more comprehensive coverage.
  • Signal Precision: The precision required for indoor tracking is much greater, given the complex layouts and closer proximity of assets.

What Are the Benefits?

The transition to indoor asset tracking solutions offers a wealth of benefits that can transform the core operations of any business:

  • Operational Transparency: Gain a bird’s-eye view of asset location and status, enabling transparent operations and quick response to operational needs.
  • Streamlined Workflows: With precise location data, workflows can be optimized to reduce wait times and accelerate delivery, enhancing overall productivity.
  • Asset Security: Enhanced monitoring capabilities mean that high-value assets are always under surveillance, significantly reducing the risk of loss or theft.
  • Maintenance and Compliance: Track usage and operational status to schedule maintenance only when needed, ensuring compliance with industry standards and regulations.
  • Inventory Accuracy: Achieve near-perfect inventory accuracy, avoiding overstocking and stockouts, and ensuring that capital isn’t tied up in unused inventory.
  • Customer Satisfaction: Provide customers with accurate information regarding asset availability and readiness, leading to improved service and satisfaction.

Digital Matter’s indoor asset tracking solutions represent a leap forward in the capability to oversee and manage indoor assets effectively. Our systems are tailor-made to address the unique challenges of indoor environments, offering businesses the technology to not only keep track of their assets but also to derive actionable insights that drive strategic decision-making. By incorporating these solutions, companies can unlock unprecedented levels of efficiency and asset utilization, ensuring that every resource is maximized to its full potential.

Indoor Asset Tracking and Management Solutions

In today’s fast-paced business world, efficiently managing assets, whether they are in outdoor or indoor environments, is vital for success. While tracking assets outdoors is relatively straightforward with GPS technology, managing assets within indoor spaces presents unique challenges.

What is Indoor Asset Tracking?

Indoor Asset Tracking is the process of monitoring and managing assets within indoor environments such as warehouses, manufacturing facilities, healthcare institutions, or even retail stores. The goal is to gain real-time visibility into the location, status, and condition of assets to enhance operational efficiency and security.

Common Technologies for Indoor Asset Tracking

Several technologies have been developed to address the specific needs of Indoor Asset Tracking. These include:

  • RFID (Radio-Frequency Identification): RFID tags and readers are used to identify and locate assets within a limited range. However, their range and accuracy can be limited.
  • Ultrasound and Infrared: These technologies use sound waves or infrared signals for asset tracking but are often restricted to smaller spaces and require specialized infrastructure.
  • Bluetooth Low Energy (BLE): BLE beacons are used to track assets within proximity, making them suitable for indoor environments. However, they may require a substantial number of beacons for comprehensive coverage.
  • Wi-Fi-based Systems: Wi-Fi networks can be used for asset tracking within larger indoor areas. Wi-Fi positioning systems offer broad coverage but may have limitations regarding accuracy.
  • Ultra-Wideband (UWB): UWB is a relatively newer technology that uses low-energy, short-duration pulses to precisely measure the time it takes for signals to travel between UWB tags and anchors. This results in highly accurate location data for assets within indoor environments. UWB is known for its impressive accuracy and is gaining traction as a technology of choice for indoor asset tracking applications. It’s particularly effective in environments where precise location information is crucial, such as healthcare and manufacturing.

Limitations with Existing Indoor Tracking Technologies

While existing indoor tracking technologies have their merits, they also come with limitations, including:

  • Costly Infrastructure: Many indoor tracking systems involve significant infrastructure investments, which can be expensive to implement and maintain.
  • Complex Installation: Deploying certain indoor tracking systems can be complex, often requiring meticulous planning and setup.
  • Asset Leaves Indoor Environment or Is Stolen: A general limitation of many indoor asset tracking technologies is that once an asset exits the indoor environment or is stolen, tracking capabilities may cease. These technologies are primarily designed for indoor use and may not function optimally in outdoor or transitional settings. It’s crucial to be aware of this limitation, particularly when managing assets that move between indoor and outdoor areas or in cases of theft where assets can be taken beyond the designated indoor space.

Our Innovative Solution: Seamless Indoor/Outdoor Tracking

To address the challenges associated with Indoor Asset Tracking, we offer an innovative solution that seamlessly transitions between outdoor GPS tracking and indoor Wi-Fi location scanning.

How It Works

Our ‘Edge’ range of IoT asset tracking devices are equipped with dual-location technology. They combine the precision of GPS for outdoor tracking and Wi-Fi location scanning for indoor positioning. The transition between these technologies is entirely automatic, eliminating the need for manual intervention.

Benefits of Dual-Location Technology

  • Continuous Accuracy: Our devices maintain high accuracy whether assets are indoors or outdoors, ensuring reliable and up-to-date asset data.
  • No Manual Switching: Users are freed from the hassle of manual tracking mode adjustments when assets move between environments.
  • Enhanced Visibility: Our technology provides comprehensive visibility, allowing organizations to maintain control over assets in various operational settings.
  • Efficiency and Optimization: Accurate tracking in both outdoor and indoor environments enables organizations to optimize asset utilization, streamline workflows, and reduce operational costs.
  • Recovery Mode: Devices are equipped with Recovery Mode, which activates real-time tracking in the case of loss or theft.

Indoor Asset Tracking is a critical component of efficient asset management in today’s businesses. While existing technologies have their place, they also have limitations. Our innovative solution, with its seamless transition between outdoor GPS and indoor Wi-Fi tracking, offers a more affordable and efficient alternative to traditional indoor tracking systems. This technology ensures that you have accurate, real-time control over your assets, no matter where they are located.

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