IoT for Real-time Asset Tracking
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| Role | Deep Tech Used | Industry | Potential Vector | Potential Vector Benefit |
|---|---|---|---|---|
| Chief Risk Officer
CIO |
Internet of Things (IoT) | Banking & Financial Services | Cost | 30% |
Use Case Description
Employing IoT (Internet of Things) for real-time asset tracking and management involves using connected sensors and devices to monitor assets’ location, condition, and performance. This data-driven approach allows for proactive maintenance, efficient resource allocation, and enhanced asset utilisation, ultimately improving asset management across various industries.
