GPS is an immensely popular way for the businesses to keep track of the important assets. It offers precise location data in real-time and acts as a theft deterrent as well. A global GPS asset tracker is a useful piece of technology which sends a signal to a single contact point which is a satellite in most of the cases.
These days’ businesses are using trackers to make sure property and assets are maintained. Market for GPS asset tracking is expected to grow more than three billion by the year 2025 as it is a preferred transport for commercial vehicles that carry assets from one place to another.
Basics of GPS Asset Tracking That Most of the People Do Not Know:
GPS is an abbreviation that stands for Global Positioning System. Most of the gadgets have this which includes Smartphones and Sat Navs. The asset tracking by GPS has proven to be a boon in disguise. Businesses are using it for determining location of the assets. This is done simply by installing a tracker that communicates with the GNSS or Global Navigation Satellite System.
When signals to the satellite points are sent, trackers of the assets are able to see exactly where their assets are in real time. When this network is communicated, GPS trackers make use of a process which is called trilateration. This is where a complete series of at least three different satellites from the GNSS network determines longitude, latitude, elevation as well as time of the trackable properties.
Trilateration provides just accurate and precise data which can improve visibility of the assets and the over-usage of control. This enables the asset managers to make the best possible use of the assets.
How Does Asset Tracking Work With Global Positioning System?
GPS help managers know how assets and properties are used. This insight supports improvement of productivity as well as the workforce. Most important of all, it saves a lot of time and money.
A GPS tracker device proves to be very useful when it is fitted to the fleet vehicles. It is used for preventing thefts. It also gives emergency services a better opportunity for recovering their stolen vehicles and assets. GPS asset tracker can also track usage of the vehicles with metrics like speed, distance and time on the road. This helps managers know the performance of workers who use different types of vehicles right from bulldozers to heavy duty cranes for delivering vans and hire cars.
Conclusion:
There are plenty of advantages of GPS asset tracker. They help the users track assets. These trackers protect equipment like pumps, diggers, generators and dumpers etc. by providing real time data about their whereabouts. It also supports the recovery of stolen vehicles, equipment and tools. A GPS provides a complete insight into the usage of properties and assets.
The best thing about a GPS tracker is that it provides a complete insight of how the assets are being used. This helps the asset managers to take just the right decision on what to do with the assets.
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