High maintenance costs due to unexpected breakdowns and inefficient maintenance schedules.

Reduced maintenance expenses and improved equipment lifespan.

IoT-enabled predictive maintenance systems monitor equipment health, predict failures, and schedule timely maintenance. Benefits include cost savings, reduced downtime, and extended equipment life.

Difficulty in tracking and managing numerous assets leads to inefficiencies and increased operational costs.

Efficient tracking and management of all assets in real-time.

IoT devices provide real-time data on asset location and status, enabling better management and reduced operational costs.

Over-investment in fleet assets and high operating expenses.

Optimized fleet size and reduced capital and operating expenditures.

Data analytics from IoT sensors help identify underutilized assets and optimize fleet size. Benefits include cost reductions and improved asset utilization.

Inefficiencies and delays due to inability to locate assets quickly.

Optimized fleet size and reduced capital and operating expenditures.

Real-time asset tracking ensures quick location of assets, leading to improved scheduling and reduced delays.

Excessive waste production and poor sustainability practices.

Minimization of waste and enhanced sustainability.

IoT solutions monitor resource usage and waste production, helping to optimize processes and reduce waste.

High levels of emissions contributing to environmental degradation.

Reduced emissions and lower carbon footprint.

IoT systems optimize fuel usage and monitor emissions, promoting environmentally friendly practices.

Unauthorized access leading to misuse and theft.

Secure and controlled access to assets.

IoT-enabled access control systems ensure only authorized personnel can access equipment. Benefits include increased security and reduced theft.

Frequent downtime and suboptimal productivity.

Maximum asset uptime and productivity.

IoT solutions provide real-time monitoring and predictive analytics to ensure optimal asset performance.

Lack of coordinated maintenance schedules leads to equipment failure and lost productivity with increased cost.

Proactive maintenance and milestone management.

IoT systems track maintenance schedules and milestones, ensuring timely servicing and reducing failures.

Non-compliance with regulations and unsafe operations.

Full compliance and safe operations.

IoT monitoring ensures assets comply with regulations and operate safely, reducing legal risks and enhancing safety.

Difficulty in managing multiple service providers and tracking performance.

Full compliance and safe operations.

IoT solutions track KPIs and SLA adherence, enabling better management of service providers and improved service quality.

High risk of asset theft and loss.

IoT-enabled security systems provide real-time monitoring and alerts for unauthorized activities, enhancing security.

Enhanced security and minimized asset loss.

Inefficiencies and delays in logistics and supply chain operations.

Streamlined logistics and optimized supply chain.

IoT solutions provide real-time tracking and data analytics to optimize logistics and supply chain operations.

Inefficient asset booking and underutilization.

Efficient booking and optimal asset utilization.

IoT systems enable real-time booking management, ensuring optimal use of assets.

Challenges in managing assets across large campuses.

Efficient management of indoor and outdoor assets.

IoT solutions provide comprehensive asset tracking and management for large campuses.

Manual processes lead to inefficiencies and errors.

Automated workflows for improved efficiency.

IoT-enabled automation streamlines workflows, accuracy reducing errors and improving efficiency.

Difficulty in analyzing and interpreting data.

Enhanced data analysis and visualization.

Integration with PowerBI provides robust reporting and data visualization capabilities.

High costs of equipment ownership and maintenance.

Cost-effective access to equipment.

IoT solutions enable EaaS models, allowing pay-per-use access to equipment. Benefits include reduced capital expenditure and maintenance costs.

Challenges in managing aftersales services and customer relationships.

Efficient aftersales service management.

IoT solutions automate aftersales processes and manage customer interactions effectively.

Traditional retail lacks personalization and efficiency.

Enhanced digital customer experiences.

IoT-enabled digital solutions provide personalized and efficient customer interactions.

Ensure, track and measure key operational outcomes and performance indicators for assets. Includes:

• Cycle and turnaround times
• Operating hours
• Utilization and productivity

Understand what equipment you have, what is being used, where it needs to be, where assets are over or underutilized and where you need to redistribute equipment or where you can afford to phase out assets and downsize.

Know where all assets are, what they are being used for, what availability you have, or where assets are down and replacements are needed. Visualize and update in real-time for constant awareness and up-to-date decision making.

Optimise asset availability and productivity. Ensure assets are serviced and ready to go. Minimise breakdowns and accelerate remediation by getting the right people to the right place with the right parts, first time, every time.

Automate planned maintenance scheduling based on usage (runtime or mileage). Ensure warranty obligations are fulfilled and service records are meticulously kept and accessible. Managed service providers and maintenance work. Track maintenance downtime, benchmark and improve on maintenance KPIs and get the best out of the resources you have.

Support equipment contracts with enterprise customers by providing utilisation reporting and telematics services, including automated KPI reporting.

Improve customer service with tracked breakdown resolution reporting.

Improve visibility into uptime and utilisation of equipment and increase peace of mind with managed maintenance based on runtime.

Ensure safe and authorised equipment use, report safety issues and track resolution.

Ensure inspections and certifications are renewed on time and that required safety checklists are completed and filed digitally.

Digitally log faults that need attention, flag asset status if problems are urgent for unscheduled downtime. Maintain visibility and awareness of where problems are located and time to resolution.

Inventory and manage all your floorplan assets and audit stock immediately.

Increase efficiency, reduce waste, lower fuel consumption and right-size your fleet to ensure fleet sustainability.