Improve IoT and Asset Tracking Using Location Services
January 3, 2023
Businesses in transportation, logistics and supply chain segments are enticed by significant international expansion but the process and requirements for tracking and monitoring global assets can seem daunting and expensive. In today’s hyper-connected world of the Internet of Things (IoT), it has never been easier for businesses to make their global ambitions a reality but operating at this scale presents a host of new challenges. According to IOT Analytics, IoT connected devices have exceeded 14B and will top 27 Billion by 2027.
Decision makers are faced with many qualifying questions when selecting solutions to meet their operational and financial objectives. How much does the solution cost to use? Is it secure? Will the solution work with our existing devices or do we need new dedicated equipment? How reliable is the solution? How will it affect the battery drain?
Global Site ID (GSID) can help businesses achieve global supply chain visibility for monitoring and protecting assets. In this blog post, we will review GSID and how it provided access to global location insights for connected devices.
What is GSID?
GSID is a location service available via Locance’s cloud-based platform that delivers geolocation information to enhance transportation and logistics applications, fleet and asset tracking, and other Machine to Machine (M2M) and IoT services. It enables businesses to locate any device, anywhere globally, that is capable of reporting cell site parameters (5G, GSM, CDMA, WCDMA, UMTS, or LTE) or Wi-Fi access point details. It allows businesses to determine the whereabouts of devices, even while roaming in over 200 countries.
Businesses transporting high-value assets often rely on GSID to ensure those assets are locatable throughout the transit lifecycle. Supply chain companies needing complete visibility of their physical assets such as manufacturing industrial equipment, ATMs, security panels, vending machines, pharmaceuticals, and many others depend on this type of service. This level of visibility is paramount for a variety of use cases to help eliminate gaps in location reporting from GPS alone so that businesses know where their devices are anytime they are connected.
GSID delivers sub-second location responses while providing the ability to find assets indoors or whenever embedded GPS-solutions cannot get a fix. The use of GSID technology solves the GPS battery drain concerns as it helps preserve and extend the battery life of devices and is used when assets are warehoused, in transit or in the field. It can obtain location information quickly without the need to engage the GPS when that level of location accuracy is not required. GSID is an excellent addition to a business’s multi-source approach to asset tracking and it can dramatically increase efficiency, coverage and reliability. Reliable access to location information and speed to locate are critical factors when tracking or monitoring important assets.
About Locance
Locance offers a comprehensive, real-time cloud-based multi-source geolocation service to enable geolocation validation for Mobile Gaming Operators. Our secure, enterprise-grade API platform is used by operators as part of their regulatory compliance strategy.
Learn more about how Locance helped solve OnAsset’s location challenges.
