Asset rental businesses have been quick to see the benefits of remotely monitoring their diverse assets.
Location data is an obvious first step. It has a decisive role to play in terms of resource allocation and loss prevention.
Once the concept is proven, more complex metrics are quick to follow: collating data about condition and use can help to optimise maintenance schedules – improving customer service and maximising rental returns.
This type of data supports businesses to adapt business models – enabling usage based pricing and introducing new possibilities for upselling or cross-selling.
But these benefits aren’t restricted to asset rental firms. Any business with high value mobile assets can benefit from such data, particular with asset optimisation, improved maintenance schedules and more effective parts ordering.
Simple, secure IoT solutions can be tailored to the needs of your business simply and rapidly using the ThingWorx platform and ThingWorx’s unique mash-up builder which enables you to create bespoke dashboards quickly and easily.
To find out more, call our team on 0333 313 0006.
Read how DeviceLynk gives its customers the ability to monitor the status of a field asset, building, or other infrastructure from miles away using a ThingWorx IoT solution.