Asset Insight
Asset Insight helps address the pain areas of Heavy Equipment Management companies, with real-time monitoring of assets at different locations, and analysis of numerous equipment health parameters. This helps companies reduce their fuel expenses and optimize utilization.
BUSINESS PROBLEM
- Traditional approach, leading to high operation expense and low utilization ratio.
- Decentralized location of assets, leading to lack of the real time-tracking of equipment.
- Higher burn rate.
- Lower utilization of assets due to the excessive idling of equipment.
- Irregular service and maintenance.
- Operator driving behavior analysis.
SOLUTION DESCRIPTION
- Real-time monitoring, tracking and preventive maintenance of assets, leveraging rules engine, machine learning and alert workflows.
- Increased utilization of high value assets through the recommendation engine.
- Proactive detection of fraud in consumption items such as fuel, spare parts, lubricants, and burn rate analysis.
- Proactive service orders and integration with asset ERP.
BENEFITS
- Optimized asset utilization.
- Pilferage prevention
- Reduced cost of maintenance.
