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Track every asset in 2023 – and beyond

By Holly Dempster March 8, 2023

Like many businesses, you may already be experiencing the benefits of a GPS fleet tracking solution when managing your remote workforce. But while 71% of Europe’s fleets use systems like these, just 41% supplement this technology with an asset tracking system. 

That means fewer than half of European fleet-reliant businesses have a complete view of their mobile operation, from technicians, drivers and vehicles, to trailers, plant machinery and other key equipment.

If you’re not tracking these vital assets, you could be failing to spot areas of inefficiency hiding in your fleet. The greater visibility offered by asset tracking can also help you improve maintenance processes, manage equipment utilisation and reduce unauthorised use.

65% of fleets with asset tracking improved efficiency and productivity for drivers/workers.

Stay in control, wherever you are

The majority (73%) of fleets with an asset tracking solution in say it is very or extremely beneficial to their business – and it’s not hard to see why.

GPS asset tracking gives you eyes on the vital equipment that powers your business. With robust and weather-proof tracking devices, you can keep tabs on almost anything, powered and non-powered, from machinery to storage containers.

Once you have implemented your solution, you can:

  • Search for individual or groups of assets in seconds to track location, status and usage
  • View near real-time information to make faster decisions and more accurate plans
  • Track your assets everywhere with 3/4G and GPRS network connectivity

73% of fleets with asset tracking improved equipment and trailer utilisation

Keep assets safe, secure – and exactly where they should be

Theft, damage and unauthorised use are growing problems in fleet-reliant industries. With valuable equipment on job sites for long periods, keeping it safe and on task can be challenging.

Assets may be vandalised, stolen, or removed from site by workers to carry out private jobs, all of which can have a significant impact on your bottom line.

60% of fleets with asset tracking improved equipment and trailer security

With an asset tracking solution, you can have peace of mind that your machinery and equipment is exactly where it should be at all times. With activity alerts, automated reporting and geofences, you can:

  • Monitor the location and status of your assets in near real-time
  • Track and potentially recover assets in the event of theft
  • Be notified whenever an asset is removed from an authorised location

Keep every part moving

Hidden inefficiency, theft and unauthorised use are not the only asset-related issues that could be hampering your productivity. Wear and tear, sub-par performance and breakdown can have a significant impact, too.

Just like vehicles, asset breakdown can be devastating for fleet-reliant businesses, leading to interrupted service, unhappy customers and all manner of related costs.

When you work with an asset tracking solution, you can monitor usage to stay on track with routine servicing and repairs. This can help pre-empt mechanical problems before they become a much larger issue.

  • Track usage time and schedule maintenance at recommended intervals
  • Set service and part replacement reminders based on usage, time and other indicators
  • Easily access historical service data to assist with future repairs

Track your assets with Verizon Connect

With robust and reliable asset tracking from Verizon Connect, you can increase the visibility of your mobile operation.

Our self-powered tracking devices have a four-year battery life, so you can set them and forget them on non-powered and infrequently used assets.* Plus, their weather-proof design means they’ll keep tabs on your equipment in even the harshest of environments.

All you need to do is configure your setup – choose what you want to monitor and how often you want the tracker to report. It’s that simple.

See what you can do with asset tracking

With increased visibility of your high-value assets, you can quickly locate project-critical equipment, close gaps in your knowledge and make faster, better-informed decisions.

Verizon Connect’s solution is specifically designed to meet the demands of your working environment and provide reliable reporting  -- so you get the data you need when you need it.

Visit our asset tracking solution page to find out more, or book a free demo to see it in action for yourself.

* Battery life is estimated for use under optimal conditions.  Factors such as low network signal strength, obstacles and temperature can reduce battery life.  

Holly Dempster

Holly is the Marketing Specialist for UK & Ireland, Verizon Connect. With 5 years' experience in the IT Sector and a Journalism degree, her passion lies in the power of content. Holly's focus areas to date include, Digital, Channel and Consultative Marketing.

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