The IoT-supported asset tracking market is growing at an astonishing rate. According to a report published by Research and Markets, IoT-based solutions will account for 95% of all enterprise and industrial implementations by 2025. On top of that, IoT is finally paving the way for making it increasingly viable to monitor assets valued at or […]
It’s undeniable that the pace of technology is moving at the speed of light. The breadth and depth of the Internet of Things (IoT) is constantly pumping life into new possibilities and pushing the envelope on digital transformation, particularly when it comes to IoT asset management.
The world of asset management has long faced a difficult problem. You can track and manage assets indoors. You can track things outside. But you either need two separate systems or a very big budget.
In this post, we’ll detail some of the key benefits of asset management; 16 in total, divided into two sections:
There’s an age-old hypothesis that the very art of writing was invented to document the buying and selling of goods and keep track of accounts. While modern society has obviously gone far beyond the clay tablets or quill and ink of old, a simple asset tracking spreadsheet, barcode solution, and/or good, ol’ pen and paper […]
There are lots of factors to consider when it comes to successfully implementing asset management software, given the seemingly endless options, offering widely varying levels of reliability and accuracy. But regardless of the solution on the table, it should include these two “must-have” components:
If we’re being truly honest with ourselves, the new rules that will surround restaurants’ dining rooms in the near future don’t sound like much fun. From the temperature scans at the front door for both patrons and staff, to the socially distanced seating that will require spaces be half to two-thirds empty, to the masks that […]
The on-again, off-again bankruptcy of JCPenney is back on. The company announced late Friday (May 15) that it will file for Chapter 11 and close a still-to-be-determined amount of stores, per a company press release. The announcement came as the company reached an agreement with 70 percent of its lenders, as well as a debt […]
As restaurants seek help to survive the economic impact of COVID-19, lawmakers are implementing a temporary limit on how much delivery companies can charge. On Wednesday (May 13), New York City became the latest city to enact protections for eateries. The City Council approved a 15 percent cap on food delivery fees paid by restaurants to Grubhub, […]
Credit card giant Visa has filed an application for a U.S. patent on a computer system that would convert physical dollars and other fiat currencies into digital versions, complete with denominations and serial numbers and recorded via blockchain. The system would then remove the paper currency from circulation. “According to the [details] discussed herein, the payment ecosystem […]