Since February of 2020, a lot of businesses and organizations have pivoted to remote working and management due to the lockdowns initiated as a result of the vicious spread of the COVID19. The market was forced to adopt a completely new direction to be able to accommodate such drastic changes, and remote management has stepped up its game to show its true potential. Many believe that the future of work post-COVID will significantly metamorphose into a broader internet-dependent spectrum rather than the conventional geographic-based one. Remote asset management has seen surging popularity in the last year, and the potential for further development is sure on the table.
We’ll be creating an overview that should help you piece together the essential info you should know about remote asset management.
What is Remote Asset Management?
Remote management systems allow the monitoring and management of assets remotely, including the management of systems and machines. By building a two-way communication channel between the asset and central monitoring system, remote asset management provides efficient and reliable control of the asset in real-time. The main reasons why many organizations are adopting this system are cost-reduction, efficiency, and of course, convenience. The market is continuously evolving as more organizations opt-in for remote asset monitoring and control.
Emerging technologies like the internet-of-things, cloud servers, and imaging systems have added a lot of value to remote asset management through integration. The true potential of such systems hasn’t been completely unlocked, which is why many organizations are racing to implement them as soon as possible. Remote offices are gradually becoming more efficient as security, reduction of costs, and productivity become the norm. Globalization is also believed to play a strong role in the implementation of remote asset management in various sectors and industries across the world, enabling organizations to have full control over their assets thousands of miles away.
Profitability
Remote monitoring comes with a myriad of benefits, minimizing downtime and maximizing profit are just the tips of the iceberg. Without remote monitoring, RMM developers at https://www.skybitz.com/skycamera-gives-line-haulers-eyes-into-the-trailer/ clarify that it would be impossible to gain access to your trailers which consequently would it make it impossible to gain an accurate insight into the available floor space. By gaining eyes into your remote trailers, you will be able to maximize trailer volume and maximize profit from your shipments. This is to spare you the hassle of dealing with rising shipping costs, shortages of drivers and trucks, and plummeted margin. RMM, on the other hand, can alert you for any potential problems your business is dealing with. This means that you don’t have to deal with network failures, missing deadlines, or upsetting clients and customers.
The Weakness of Conventional Asset Tracking
A lot of asset managers used to rely on legacy solutions like spreadsheets and excel to control their assets and input their data, but that solution may have worked a decade ago. Spreadsheets are very vulnerable to human errors and system crashes, which can leave the asset manager at a huge disadvantage, especially those who deal with large volumes of data. Inventory files in spreadsheets start having more than one version, simultaneous editing is incredibly hard, and even typos can make legacy asset tracking solutions obsolete in this day and age.
Maintenance
Any transportation-based asset manager knows the true value of keeping their operational vehicles in peak condition, especially when you take into consideration that errors in that zone can lead to huge losses. The longer the vehicle life is pushed, the less vulnerable it becomes to sudden breakdowns and costly maintenance. Remote asset management monitors the state of the vehicle and keeps the manager updated in real-time to any dysfunctions and other variations. Technicians can know their maintenance schedule beforehand as the system routinely submits vehicles for routine checkups and maintenance according to their state. Streamlining this process makes it much easier to keep an eye on your vehicles as they are on the road.
Mobile Access
One of the strongest advantages of remote asset management is its mobile-based accessibility. Asset managers don’t have to be stuck to their computers to be able to monitor and track their assets. Cloud-based asset management software enables the use of mobile devices to communicate with employees asset-related data, in addition to setting task priorities, audits, and barcode scans. Mobile apps also work in favor of employees’ convenience since it allows them to automatically schedule maintenance and others tasks without any hassles.
Remote asset management is not in an experimental state anymore, and it’s working its way up to be the standard in asset management. Aside from cost-effectiveness and increased productivity, remote management and monitoring of assets is a great way to look forward to business expansions without worrying about logistics.
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