ARTICLES — March 11, 2020

Telkomsel IoT Asset Performance Management and Its Benefits for Your Business

Advanced technologies are being introduced every day, with the goal of bringing more convenience or efficiency. Whether the business is running a high-volume factory or a chain of retail stores, IoT-led digital transformation can help enterprises streamline operations, especially the old, manual asset management process.

In general, asset management is the process of keeping track of your company’s physical assets including their information. Some may think it’s not as challenging as it sounds, but, this process sometimes pushes enterprises to spend a huge amount of operational cost caused by the variety of assets, low visibility and accuracy, nonoptimal usage hours, high maintenance issues, even inventory loss.

Telkomsel IoT Asset Performance Management is here to make your business operations run smoothly. Through an end-to-end Industrial IoT-enabled asset monitoring solution, companies can now be provided with many benefits. Here’s what Telkomsel IoT Asset Performance Management brings to the table.

Securing Your Assets Through 24/7 Visibility

Low access to real-time location and condition of business assets often leads to nonoptimal of inefficient asset usage. Every business owner looks forward to running their company with peace of mind. With a reliable asset monitoring solution, you can get real-time data on location and condition of your valuable assets, all accessible through desktop or mobile monitoring dashboard.

Save on Costly Manual Inventory Efforts

Inaccuracies and errors plague manual inventories. These vary from delays in conducting inventories, employee error, and fraud. More than that, manual checking of indoor and outdoor assets can require extensive travel time or reliance on third-party contractors. With a cloud-based asset management solution, you’ll have accurate, reliable data through high-accuracy sensors whenever you need it.

Optimal Asset Usage and Efficiency

Gathered data through asset management solution is easily analyzed. You can immediately see if particular types of equipment are currently on excessive usage hours or not providing the expected ROI. Asset monitoring accurate data and detailed reports can help you find and fix these problems in your asset planning and field operations.

Maintenance Cost Reduction

Each type of asset requires different maintenance activities at different stages of the lifecycle, so asset management can help you ensure spare parts and human resources cover corporate needs without overspending. Asset management also enhances the ability to take advantage of low-cost support contracts when hardware meets the scheduled time for maintenance.

Theft and Loss Prevention

When both employees and customers know that your business assets are visible through a robust monitoring solution, you reduce incidents of tampering and theft. You can be alerted to even the smallest changes in the condition or location of your assets, enabling you to react quickly to minimize loss and reduce overhead costs.

Better Risk Management with Notifications and Alerts

In various businesses, physical assets may include equipment, supplies, infrastructure, even staff and services. Every business has to track its assets as their chances of damage, loss, or repair. Businesses tend to lose money due to improper or inefficient asset tracking methods such as ordering unwanted supplies, duplication of orders, short supply, and equipment not being serviced on time. Robust notification and alert system can reduce these delays and ensure customer satisfaction and profitability by identifying occurring anomalies on data trends or set parameter conditions.

Asset-intensive business sectors have been dealing with issues related to product deliveries, inventory thefts, loss, and goods being delivered in poor condition. Telkomsel IoT Asset Performance Management is here to help you tackle those challenges and provide benefits to asset management by increasing visibility, efficiency, and productivity. Find out more about the benefits of Telkomsel IoT Asset Performance Management at https://telkomseliot.com/, and decide how you want to come up with innovative decisions and solutions to face the common challenges.

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