Asset tracking continues to make its mark in the manufacturing and logistics industries. Technology has allowed the solution to become an essential tool for various workplace operations and use cases. According to Mordor Intelligence, the value of the asset tracking market is expected to reach 34.82 billion USD by 2026. Based on this estimate, it is safe to assume that asset tracking will be here for the long run!
When it comes to tech talk, OT stands for operational technology. InfoSec Institute defines OT as a term used to describe a “specific category of hardware and software whose purpose is to monitor and control the performance of physical devices.” These systems provide the support needed to ensure that operations are working. These technologies can be found in many places but more commonly in industrial spaces. It is also important to note that these devices primarily focus on controlling the physical world. In the business world, companies would want to use this to keep track of how well your devices are performing.
While OT devices primarily focus on the outside, IT (Information Technology) focuses on the inside as it works to manage data and communication. Tech Target describes information technology as the “use of computers, storage, networking devices, and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data.” Companies would want to use these devices or programs to help with tasks such as real-time reports on how the OT devices are performing. All of this to say, these two technologies work best when paired together.
When we look at the two technologies, we can see considerable differences. OT devices are usually isolated and are designed to run autonomously. IT systems are connected and require more looking after. However, we can see through solutions like asset tracking where the two technologies intermix. How is this done exactly? Well, that is thanks to the development of IoT devices. The growth of IoT has made it possible for the two types of devices to connect and communicate through the internet. It is not rare to see OT systems nowadays being monitored and controlled by IT systems, and it has made operations for companies easier.
Link Labs AirFinder uses the two forms of technology to maintain the ability to provide precise and real-time location data for an organization’s assets. Link Labs products provide companies with the most precise location tracking with continuous visibility at the most affordable price. Through our AirFinder software, your manufacturing or logistics company can monitor and locate where tags are. In addition, your company will also be able to see the health of the other devices included, such as gateways, location beacons, and access points. Having the knowledge of where your assets are at all times allows your company to prevent loss, prevent theft and prepare for any maintenance issues that arise. Thanks to our products' ability to work together, companies have a reliable and affordable asset tracking system.
Understanding how things work can help when trying to decide on the best solution. If you are interested in learning more about asset tracking solutions and how they can benefit your organization, request a demo.