IoT Beyond Connectivity case study, by Telstra: Tracking assets to deliver cost savings and customer experience improvements
Business Challenge – Cost-effective Asset Tracking
Each year, industrial companies misplace assets, including large expensive items, such as refrigerated trailers, vehicles and freight pallets. The use of manual tracking and stocktake processes can also result in operational inefficiencies. By using the IoT to reduce asset losses and improve efficiency, Australian companies could save AU$4.3 billion per year, according to the Telyste Telstra
Track And Monitor Study 2019.
Telstra’s Track And Monitor® IoT Solution:
Traditional tracking solutions that use RFID tags only show if an asset has been checked in or out, and not its actual location. Now, low power connectivity is making it feasible to continuously track low value assets. Telstra’s Track and Monitor® asset tracking solution combines IoT connectivity with analytics software in the cloud. […]