Real-time Locating Systems

Real-Time Location Systems can save money for companies in the healthcare, oil and gas, chemical, government and automotive industries. Enterprises in each of these sectors have a large installed base of assets that represent a significant investment but which are underutilized or lost due to poor asset management.  The most common cause of poor asset management is the inability to track assets as they move from one location to another.  As an example, an asset tracking solution for hospitals has been shown to increase equipment utilization rates to over 80% resulting in a savings of $400,000 per year for a mid-sized hospital. Tracking equipment also improves compliance on the maintenance of equipment. Cost savings through increased utilization of assets can be realized by all enterprises with high-value assets.