{"id":3122,"date":"2019-07-30T09:34:59","date_gmt":"2019-07-30T08:34:59","guid":{"rendered":"https:\/\/www.theproche.com\/?p=3122"},"modified":"2019-07-30T09:35:05","modified_gmt":"2019-07-30T08:35:05","slug":"fundamentals-of-creating-efficient-and-cost-effective-iot-based-asset-tracking-solution","status":"publish","type":"post","link":"https:\/\/www.theproche.com\/fundamentals-of-creating-efficient-and-cost-effective-iot-based-asset-tracking-solution\/","title":{"rendered":"Fundamentals of Creating Efficient and Cost-effective IoT Based Asset Tracking Solution"},"content":{"rendered":"\n

Asset Tracking Blog Overview <\/strong><\/p>\n\n\n\n

The\npurpose of the asset tracking system is to improve workflows, reduce inventory\nloss, and introduce process optimization to improve overall operational\nefficiency and productivity. In any asset tracking system, the real-time\nlocation information of steady\/moving asset is sent to cloud via gateway\/router\nover a secure communication channel. The article describes key considerations\nto implement accurate & low-cost asset tracking solution that best fit your\nindustry requirements. This article is divided into two parts, first will give\nyou the overview of the IoT based Asset Tracking Solution, High-level\nArchitecture of the system, Important system component information, and Costing\ndrivers to design system. The second article will give you the complete details\nof different types of protocol compressions and widely popular industry\napplications.<\/p>\n\n\n\n

Advantage of IoT Based Asset Tracking<\/strong><\/p>\n\n\n\n

Contrary to an age-old & passive asset tracking system, IoT based asset tracking is a smart, efficient and intelligent system IoT-enabled asset tracking solutions utilize IoT sensors-to remotely track application-specific details of the asset without any human intervention. These IoT sensors can be attached to assets along with the conventional tracking tags (e.g. QR codes, RFID Tag, Barcode). Depending on the industry needs, there can be multiple use cases based on IoT solution while considering the criticalness of the asset with respect to the overall solution cost. Traditional passive solutions are simple, low-cost and easy to implement. However, the costly and premium IoT enabled solutions<\/a> are largely getting popular day by day in different industries.<\/p>\n\n\n\n

Advantages of IoT Enabled Asset Tracking System:<\/strong><\/p>\n\n\n\n

\u25cf Automation of the tracking process<\/p>\n\n\n\n

\u25cf Real-time information<\/p>\n\n\n\n

\u25cf Live inventory management<\/p>\n\n\n\n

\u25cf Environmental and usage information<\/p>\n\n\n\n

\u25cf Automated reminders and alerts<\/p>\n\n\n\n

\u25cf Accurate device location<\/p>\n\n\n\n

\u25cf Ensure regulatory compliance<\/p>\n\n\n\n

\u25cf Quick asset Audits<\/p>\n\n\n\n

Key components of Asset Tracking Solution:<\/strong><\/p>\n\n\n\n

There\nare five major components Tags, Reader\/Hub, Gateway, Cloud, and Mobile App that\ncover the entire solution as explained in the following section. Selection of\neach component will make a differentiate the solution, depending on the\nindustry needs.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

1. Tag: <\/strong>The\ntags are the most important unit identity for all the assets, which supports the wireless communication\nprotocol to communicate with a reader for tagged information. The tags can be\nRFID, Barcode, Zigbee, Z-wave, thread, BLE\/Bluetooth 5.1 supporting Angle of\nArrival (AOA) and Angle of Departure (AoD) both active and passive nature.<\/p>\n\n\n\n

2.  Reader\/Hub:<\/strong>\nThis is a device that detects the tags available in the specific area and sends\nthe same data to the Gateway or to the cloud acting as an aggregator of the\ndata in that region. Nowadays some of the readers are capable enough to send\nthe tag’s data directly to the cloud without the help of the gateway. Different\nreader\u2019s types are – Passive Reader, Active Tag (PRAT), Active Reader Passive\nTag (ARPT), and Active Reader Active Tag (ARAT).<\/p>\n\n\n\n

3.  Smart Gateway:<\/strong> The gateway is the heart\nof the system. Hence, it is smart enough to do multiple operations like\nmaintaining the connectivity with the IoT Cloud-sending the tag\u2019s data to the\ncloud real-time, saving the tag\u2019s status\/information when the internet\nconnection is not available, analyze tag\u2019s information and work smartly to save\nthe battery. Gateway adds tremendous value in the system by local computational\ncapabilities in many of the use cases. The gateway should broadly support one\nor more of the following operating systems like VxWorks, AWS FreeRTOS, Zephyr,\nuC\/OS and Linux for further application development.<\/p>\n\n\n\n

4.  IOT cloud:<\/strong> The IOT cloud is the main\ninterface of the system from where we can get all the inventory status in real-\ntime. The cloud is capable to do business analysis with the help of the\npredefined logic with possible AI & ML and represent the data further in a\nstructured form. More than one clouds can be used for multiple services like\ndata analysis, real-time data monitoring, gateway monitoring, etc. The cloud\nrequires to support the HTTPS, MQTT, CoAP, etc. largely popular protocols to\ncommunicate with the gateway\/devices.<\/p>\n\n\n\n

5. Connected Mobile Application<\/strong>: The Mobile app is one of the main\ncomponents of the solution depending upon the type of solution or application.\nThe mobile app can be very effective in guiding the direction, data display,\nquick information regarding any asset under surveillance, notification\/alert\nfor any critical situation.<\/p>\n\n\n\n

Major Cost Drivers: Tags Cost Vs Infrastructure Cost<\/strong><\/p>\n\n\n\n

Designing\noptimum Asset Tracking Solution is also a big challenge. It completely depends\non the kind of Asset we are trying to track and what level of advantage we\nwould want to get by setting up these solutions. There are two major cost\ndrivers, number of tags and infrastructure setup cost. More sophisticated tags\nare higher in cost but definitely needs less costly infrastructure. On the\nother hand, the simple low-cost tags would need a very sophisticated\ninfrastructure having a higher cost.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

Subsequently,\nIn an upcoming article, we are going to get in the details of the wireless\nprotocol getting selected to create the Asset Tracking solution with the\nimpacting parameters on selection. We will also talk about widely used industry\napplications and how it benefits the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"

Asset Tracking Blog Overview The purpose of the asset tracking system is to improve workflows, reduce inventory loss, and introduce process optimization to improve overall operational efficiency and productivity. In any asset tracking system, the real-time location information of steady\/moving asset is sent to cloud via gateway\/router over a secure communication channel. The article describes […]<\/p>\n","protected":false},"author":1,"featured_media":3123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[21],"tags":[],"yoast_head":"\nFundamentals of Creating Efficient and Cost-effective IoT Based Asset Tracking Solution - Proche<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theproche.com\/fundamentals-of-creating-efficient-and-cost-effective-iot-based-asset-tracking-solution\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fundamentals of Creating Efficient and Cost-effective IoT Based Asset Tracking Solution - Proche\" \/>\n<meta property=\"og:description\" content=\"Asset Tracking Blog Overview The purpose of the asset tracking system is to improve workflows, reduce inventory loss, and introduce process optimization to improve overall operational efficiency and productivity. In any asset tracking system, the real-time location information of steady\/moving asset is sent to cloud via gateway\/router over a secure communication channel. The article describes […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.theproche.com\/fundamentals-of-creating-efficient-and-cost-effective-iot-based-asset-tracking-solution\/\" \/>\n<meta property=\"og:site_name\" content=\"Proche\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Procheindia\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-30T08:34:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-30T08:35:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.theproche.com\/wp-content\/uploads\/2019\/07\/iot-clou.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"470\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Proche Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@the_proche\" \/>\n<meta name=\"twitter:site\" content=\"@the_proche\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Proche Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.theproche.com\/fundamentals-of-creating-efficient-and-cost-effective-iot-based-asset-tracking-solution\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.theproche.com\/fundamentals-of-creating-efficient-and-cost-effective-iot-based-asset-tracking-solution\/\"},\"author\":{\"name\":\"Proche Editor\",\"@id\":\"https:\/\/www.theproche.com\/#\/schema\/person\/b5644dca19cef4625492f5d31e2b725f\"},\"headline\":\"Fundamentals of Creating Efficient and Cost-effective IoT Based Asset Tracking Solution\",\"datePublished\":\"2019-07-30T08:34:59+00:00\",\"dateModified\":\"2019-07-30T08:35:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.theproche.com\/fundamentals-of-creating-efficient-and-cost-effective-iot-based-asset-tracking-solution\/\"},\"wordCount\":857,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.theproche.com\/#organization\"},\"articleSection\":[\"Internet of Things\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.theproche.com\/fundamentals-of-creating-efficient-and-cost-effective-iot-based-asset-tracking-solution\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theproche.com\/fundamentals-of-creating-efficient-and-cost-effective-iot-based-asset-tracking-solution\/\",\"url\":\"https:\/\/www.theproche.com\/fundamentals-of-creating-efficient-and-cost-effective-iot-based-asset-tracking-solution\/\",\"name\":\"Fundamentals of Creating Efficient and Cost-effective IoT Based Asset Tracking Solution - 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