At its Beyond conference, Samsara introduced the industry’s first enterprise-grade Asset Tag, tailored to meet the growing need for tracking and managing small, high-value assets. This innovative device uses the Samsara Network to enhance visibility of the location of mission-critical equipment and tools. Consequently, organisations can reduce downtime spent locating lost or stolen items, cut associated costs, and streamline inventory management.
Industries that underpin the global economy – such as transportation, oil and gas, and construction – operate complex systems that depend on specialised assets for daily operations. These assets include toolboxes, jackhammers, and chemical totes. Due to manual inventory processes and the absence of connected systems, the recurring loss or theft of these materials can cost organisations millions annually.
As sensors become more compact, sophisticated, and easier to install, they can track assets of all sizes. Samsara’s Asset Tag capitalises on this opportunity, providing unprecedented access and visibility into valuable assets on a large scale. By connecting critical assets to the cloud, customers can now easily capture and analyse location data, significantly enhancing operational efficiency.
Pike, a provider of infrastructure solutions for electric and gas utility companies in the United States, employs the Samsara platform across Vehicle Telematics, Video-Based Safety, and Asset Tracking to integrate its operations. Recently, Pike has commenced testing Samsara’s Asset Tag to help recover misplaced or lost tools and equipment, and to accurately track safety PPE to comply with annual OSHA testing requirements.
“We have several high-value assets like service gloves and electrical grounds that don’t have serial numbers, but still need to be tracked, managed, and inspected to remain compliant,” said James Banner, Senior Vice President of Administration at Pike Electric. “Previously misplaced equipment would take us weeks to locate and if lost entirely, cost up to a million dollars to replace annually. With Samsara’s Asset Tags, we are hoping to minimise this downtime, cut costs, and digitise manual inspection processes – all while keeping our employees safe and efficient. We’re just getting started with this technology and I look forward to seeing what else it can do.”
With the Samsara Asset Tag, organisations can:
- Prevent loss and recover stolen assets: Utilising advanced location tracking technology powered by Samsara’s extensive network of gateways
- Reduce downtime and enhance productivity: By sharing asset locations with field technicians via the Samsara Driver App and avoiding service disruptions with Inventory Filtering, which provides a summary of assets and applies filters to identify tools in close proximity
- Better manage inventory: Increase operational efficiency with a consolidated dashboard and user-friendly reporting
The powerful location tracking capabilities of the Asset Tag are enabled by the Samsara Network, which comprises millions of IoT devices worldwide. This network, powered by Samsara devices, leverages industrial-grade BLE technology and offers enterprise reliability designed to withstand the rugged and complex environments of physical operations.
“About a year ago, the Asset Tag was born from a radical idea that we could use the millions of Samsara Gateways we have out in the field to create a network, enabling ‘tags’ to ping off those devices. With this, we’d unlock a level of asset tracking that was previously impossible and solve even more real-world problems for our customers,” explained David Gal, Vice President, Product and Engineering at Samsara. “After months of rigorous testing and customer feedback, I’m excited to see this vision become a reality. As we further connect every aspect of physical operations, we can turn massive amounts of data into valuable insights and drive real results.”
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