Optimizing asset management with enhanced efficiency, tracking, and decision-making
Case Highlights Overview
Faced with the challenge of managing a large inventory of equipment and assets, an energy company experienced operational delays and losses. We developed a cutting-edge solution that centralizes information, streamlines asset management, and offers real-time tracking, revolutionizing their processes and resulting in remarkable operational enhancements.
Challenges & Opportunities
In the fast-paced energy industry, our client struggled with managing and controlling their extensive array of assets, resulting in operational inefficiencies and increased costs. To overcome these challenges and harness the potential for growth and improvement, we concentrated our efforts on the following aspects:
Comprehensive asset tracking and location visibility
Simplified asset maintenance monitoring
Decision-making assistance for efficient asset allocation
Advanced mobile scanning for asset detection and movement
Data unification across diverse asset management systems
Seamless integration with various GPS tracking services
Outcomes
- timelapse
15 minutes
Drastic reduction in inventory audit time: from 3 days to just 15 minutes
- local_shipping
Over 150k+ assets
Cost-efficient equipment visibility and utilization covering 150k+ assets worldwide
- timer
Less than 1 minute
Accurate, near-real-time asset tracking with average update time of less than 1 minute
- dashboard
Centralized data
Enhanced decision-making with centralized data from multiple systems
Our Solutions
Boosting Efficiency with Global Asset Tracking and Management
We designed a comprehensive solution that harnessed the power of digital transformation, allowing us to track and locate assets spread across the globe while maximizing their usage. Our approach facilitated better decision-making and optimized asset allocation, minimizing the costs associated with moving assets and ensuring the most proximate equipment was utilized. Key points and features of our solution include:
Unifying and standardizing data from multiple systems for seamless global access
Providing near-real-time location tracking and historical data on asset movement
Offering maintenance notifications and alerts for assets
Developing dashboards and reports to manage inventory effectively
Enabling both online and offline asset tracking capabilities
Utilizing geofencing technology for location identification and categorization
Implementing barcode, QR code, and RFID scanning to monitor asset movement
Integrating with a range of asset management systems and GPS tracking providers
Technology Behind Success
Leveraging advanced technologies to deliver a dynamic, scalable, and streamlined solution for improved efficiency and optimal performance
Microservices-based architecture leveraging gRPC
Angular for frontend and C# for backend with RESTful communication
Seamless integration with 3rd party systems (REST and SOAP APIs)
Centralized data management from multiple continents
External access via API Management system
Scalable deployment using Kubernetes and Terraform
Integration with GPS service providers via Amazon SQS
Geofencing services powered by Tile38 and SQLServer Spatial
