Asset Tracking Technology

Asset tracking technology involves using systems and tools to monitor the location, status, and movement of assets—such as equipment, vehicles, or inventory—within a business. It often utilizes devices like GPS, RFID tags, or barcode scanners to collect data. This information is then stored and managed via software, helping organizations improve efficiency, prevent loss, and ensure proper maintenance. Essentially, asset tracking provides real-time visibility and management of valuable resources, enabling better decision-making and resource allocation.