---
title: How the IoT Is Shaping Asset Management Solutions
description: With advancements in asset management and geolocation technology, companies can harness smart solutions to improve their logistics management.
image: https://blog.semtech.com/hubfs/Semtech_Blog_LoRa_IoTAssetManagement.jpg
---
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- [LoRa®](https://www.semtech.com/lora)
- [LoRa® Overview](https://www.semtech.com/lora)
### LoRa Overview
LoRa is the de facto wireless platform of Internet of Things (IoT). Semtech's LoRa chipsets connect sensors to the Cloud and enable real-time communication of data and analytics that can be utilized to enhance efficiency and productivity.
[Read More](https://www.semtech.com/lora)
- [LoRa (PHY)](https://www.semtech.com/lora/what-is-lora)
- [Benefits of LoRa](https://www.semtech.com/lora/why-lora)
- [LoRaWAN® Standard](https://www.semtech.com/lora/lorawan-standard)
- [Products](https://www.semtech.com/products/wireless-rf)
- [Applications](https://www.semtech.com/lora/lora-applications)
### Applications Overview
With an ever-increasing number of IoT vertical applications, LoRa devices and the LoRaWAN standard is creating business efficiencies and improving lives around the world.
[Read More](https://www.semtech.com/lora/lora-applications)
- [Agriculture](https://www.semtech.com/lora/lora-applications/smart-agriculture)
- [Cities](https://www.semtech.com/lora/lora-applications/smart-cities)
- [Environment](https://www.semtech.com/lora/lora-applications/smart-environment)
- [Healthcare](https://www.semtech.com/lora/lora-applications/smart-healthcare)
- [Buildings](https://www.semtech.com/lora/lora-applications/smart-buildings)
- [Homes](https://www.semtech.com/lora/lora-applications/smart-homes)
- [Industrial Control](https://www.semtech.com/lora/lora-applications/smart-industrial-control)
- [Retail](https://www.semtech.com/lora/lora-applications/smart-retail)
- [Supply Chain and Logistics](https://www.semtech.com/lora/lora-applications/smart-supply-chain-logistics)
- [Electricity](https://www.semtech.com/lora/lora-applications/smart-electricity-metering)
- [Gas](https://www.semtech.com/lora/lora-applications/smart-gas-metering)
- [Water](https://www.semtech.com/lora/lora-applications/smart-water-metering)
- [Ecosystem](https://www.semtech.com/lora/ecosystem)
### Ecosystem Overview
LoRa is bolstered by a diverse global ecosystem of hardware manufacturers, software designers, network providers, and industry associations.
[Read More](https://www.semtech.com/lora/ecosystem)
- [LoRa Alliance®](https://www.semtech.com/lora/ecosystem/lora-alliance)
- [Featured Sensor Use Cases](https://www.semtech.com/lora/ecosystem/sensor-features)
- [Gateways](https://www.semtech.com/lora/ecosystem/gateways)
- [Software](https://www.semtech.com/lora/ecosystem/software)
- [Networks](https://www.semtech.com/lora/ecosystem/networks)
- [Industry Alliances](https://www.semtech.com/lora/ecosystem/industry-alliances)
- [Resources](https://www.semtech.com/lora/resources)
### Resources Overview
Explore our top resources to help you learn more about LoRa devices and the LoRaWAN standard or bring a LoRa-based solution to market.
[Read More](https://www.semtech.com/lora/resources)
- [LoRa Products Overview](https://www.semtech.com/lora/resources)
- [Videos](https://www.semtech.com/lora/resources/lora-videos)
- [White Papers & Use Cases](https://www.semtech.com/lora/resources/lora-white-papers)
- [LoRa Developers & Tech Support](https://www.semtech.com/lora/resources/lora-community)
- [LoRa Calculator](https://www.semtech.com/design-support/lora-calculator)
- [Amazon Sidewalk](https://info.semtech.com/sidewalk)
- [Academy for LoRaWAN](https://www.semtech.com/lora/resources/lorawan-academy)
- [Logo Use](https://www.semtech.com/company/brand-resources)
- [Press Releases](https://www.semtech.com/company/press/category/pr-lora-wireless-rf)
- [Press Coverage](https://www.semtech.com/company/news/category/pr-lora-wireless-rf)
- [Contact](https://www.semtech.com/company/contact/support)
- [Products](https://www.semtech.com/products)
- [Products Overview](https://www.semtech.com/products)
### Products Overview
Thousands of customers worldwide rely on our diverse product portfolio and world class technology roadmap for solutions in low power wireless communications, optical data transport, video broadcasting, power management, circuit protection, touch sensing, and more.
[Read More](https://www.semtech.com/products)
### Quick Links
- [Product Selector Guides](https://www.semtech.com/design-support/product-guides)
- [Shop](https://www.semtech.com/shop)
- [Parametric Search](https://www.semtech.com/design-support/parametric-search)
- [LoRa® Wireless RF](https://www.semtech.com/products/wireless-rf)
### Products Overview
LoRa®, a long range, low power platform, and the de facto wireless platform of Internet of Things, is highly integrated and cost-effective, boasting a notable battery life of up to 20 years, a 3-mile range in urban environments and a 30-mile range outdoors.
[Read More](https://www.semtech.com/products/wireless-rf)
- [ICs for Gateways](https://www.semtech.com/products/wireless-rf/lora-core)
- [ICs for Sensors](https://www.semtech.com/products/wireless-rf/lora-connect)
- [LoRa Cloud™](https://loracloud.com)
- [Software Library](https://www.semtech.com/products/wireless-rf/software-library-protocol-solution)
- [Circuit Protection](https://www.semtech.com/products/circuit-protection)
### Products Overview
Sophisticated devices that protect sensitive circuitry from Electrostatic Discharge (ESD), Electrical Fast Transients (EFT), Cable Discharge Events (CDE), and other electrical overstress.
[Read More](https://www.semtech.com/products/circuit-protection)
### Circuit Protection Products
- [ESD Protection Diodes](https://www.semtech.com/products/circuit-protection/esd-protection)
- [TVS Diodes](https://www.semtech.com/products/circuit-protection/tvs-diodes)
### Interfaces
- [Antenna](https://www.semtech.com/products/circuit-protection/antenna)
- [Automotive Ethernet](https://www.semtech.com/products/circuit-protection/automotive-ethernet)
- [Automotive High Speed](https://www.semtech.com/products/circuit-protection/automotive-high-speed)
- [Ethernet](https://www.semtech.com/products/circuit-protection/ethernet)
- [HDMI](https://www.semtech.com/products/circuit-protection/hdmi)
- [RS-485](https://www.semtech.com/products/circuit-protection/rs485)
- [USB](https://www.semtech.com/products/circuit-protection/usb)
- [VBUS](https://www.semtech.com/products/circuit-protection/vbus)
- [Signal Integrity](https://www.semtech.com/products/signal-integrity)
### Products Overview
A comprehensive portfolio of innovative optical, analog and mixed-signal semiconductor solutions that serve the rising global demand for high-speed data transmission products.
[Read More](https://www.semtech.com/products/signal-integrity)
- [Clock & Data Recovery](https://www.semtech.com/products/signal-integrity/clock-and-data-recovery)
- [Laser Drivers and Transceivers](https://www.semtech.com/products/signal-integrity/laser-drivers-transceivers)
- [Limiting Amplifiers](https://www.semtech.com/products/signal-integrity/limiting-amplifiers)
- [ROSAs](https://www.semtech.com/products/signal-integrity/rosas)
- [Signal Conditioners](https://www.semtech.com/products/signal-integrity/signal-conditioners)
- [Transimpedance Amplifiers](https://www.semtech.com/products/signal-integrity/transimpedance-amplifiers)
- [Professional AV](https://www.semtech.com/products/professional-av)
### Products Overview
Advanced off-the-shelf technology that enables end-to-end systems and integrates advanced inline signal processing capabilities such as light compression, broadcast quality scaling and audio down-mixing.
[Read More](https://www.semtech.com/products/professional-av)
- [BlueRiver®](https://www.semtech.com/products/professional-av/blueriver)
- [USB Extension](https://www.semtech.com/products/professional-av/usb-extension)
- [PerSe® Smart Sensing](https://www.semtech.com/products/perse-smart-sensing)
### Products Overview
Ultra-low power, feature-rich touch controllers that are optimized for numerous applications and provide best-in-class sensitivity with robust noise immunity to enhance touch and near range proximity detection.
[Read More](https://www.semtech.com/products/perse-smart-sensing)
- [PerSe® Connect](https://www.semtech.com/products/perse-smart-sensing/perse-connect)
- [PerSe® Contact](https://www.semtech.com/products/perse-smart-sensing/perse-contact-human-sensor)
- [PerSe® Control](https://www.semtech.com/products/perse-smart-sensing/perse-control-touch-proximity-sensor)
- [IO Expanders](https://www.semtech.com/products/perse-smart-sensing/io-expanders)
- [Broadcast Video](https://www.semtech.com/products/broadcast-video)
### Products Overview
Award-winning solutions designed specifically to push real-world broadcast boundaries in performance, reach, power, and signal integrity while reducing time to market and design risks.
[Read More](https://www.semtech.com/products/broadcast-video)
- [AV Interface & Protocol Conversion](https://www.semtech.com/products/broadcast-video/av-interface-protocol-conversion)
- [Configurable EQ/CD](https://www.semtech.com/products/broadcast-video/configurable-eq-cd)
- [Cable Drivers](https://www.semtech.com/products/broadcast-video/cable-drivers)
- [Cable Equalizers](https://www.semtech.com/products/broadcast-video/cable-equalizers)
- [Crosspoints](https://www.semtech.com/products/broadcast-video/crosspoints)
- [Receivers (Deserializers)](https://www.semtech.com/products/broadcast-video/receivers-deserializers)
- [Reclocking](https://www.semtech.com/products/broadcast-video/reclocking)
- [Transmitters (Serializers)](https://www.semtech.com/products/broadcast-video/transmitters-serializers)
- [Power Management](https://www.semtech.com/products/power-management)
### Products Overview
A pioneer in power management ICs across networking and industrial power, handheld power and automotive applications, Semtech leads the quest to enable a new class of greener, smarter and smaller end products.
[Read More](https://www.semtech.com/products/power-management)
- [EcoBrite LED Drivers](https://www.semtech.com/products/power-management/ecobrite-led-drivers)
- [EcoSpeed DC-DC Converters](https://www.semtech.com/products/power-management/ecospeed-dc-dc-converters)
- [FemtoBuck DC-DC Regulators and Controllers](https://www.semtech.com/products/power-management/femtobuck-dc-dc-regulators-controllers)
- [FemtoSwitch Load Switch ICs](https://www.semtech.com/products/power-management/femtoswitch-switches)
- [nanoSmart LDOs](https://www.semtech.com/products/power-management/nanosmart-ldos)
- [Neo-Iso Solid State Relays](https://www.semtech.com/products/power-management/neo-iso-solid-state-relays)
- [Special Functions](https://www.semtech.com/products/power-management/special-functions)
- [Cellular IoT Solutions](https://www.semtech.com/products/cellular-iot-solutions)
### Products Overview
Leading edge-to-Cloud solutions delivering the device, software and connectivity services needed to simplify and accelerate data-driven transformation with cellular IoT.
[Read More](https://www.semtech.com/products/cellular-iot-solutions)
- [Managed Connectivity](https://www.semtech.com/products/cellular-iot-solutions/managed-connectivity)
- [Modules](https://www.semtech.com/products/cellular-iot-solutions/modules)
- [Router Solutions](https://www.semtech.com/products/cellular-iot-solutions/router-solutions)
- [Technology](https://www.semtech.com/technology)
- [Technology Overview](https://www.semtech.com/technology)
### Technology Overview
Our highly differentiated, disruptive analog and mixed-signal semiconductors and advanced algorithms enable today's most innovative electronics within some of the fastest growing verticals and markets.
[Read More](https://www.semtech.com/technology)
### Quick Links
- [Related Applications](https://www.semtech.com/applications)
- [LoRa White Papers & Infographics](https://www.semtech.com/lora/resources/lora-white-papers)
- [Product Selector Guides](https://www.semtech.com/design-support/product-guides)
- [LoRa® Wireless RF For The IoT](https://www.semtech.com/lora)
### LoRa Wireless RF For The IoT Overview
LoRa is the de facto wireless platform of Internet of Things (IoT). Semtech's LoRa chipsets connect sensors to the Cloud and enable real-time communication of data and analytics that can be utilized to enhance efficiency and productivity.
[Read More](https://www.semtech.com/lora)
- [LoRa (PHY)](https://www.semtech.com/lora/what-is-lora)
- [Benefits of LoRa](https://www.semtech.com/lora/why-lora)
- [LoRaWAN® Standard](https://www.semtech.com/lora/lorawan-standard)
- [PerSe® Smart Sensing](https://www.semtech.com/technology/perse)
### PerSe® Smart Sensing Overview
Semtech's PerSe technology intelligently senses human presence for optimized connectivity and enhanced user experience.
[Read More](https://www.semtech.com/technology/perse)
### Quick Links
- [Infographic](https://info.semtech.com/perse-smart-sensing-infographic)
- [Brochure](https://www.semtech.com/uploads/common/PerSe_One_Pager.pdf)
- [Blogs](https://blog.semtech.com/topic/perse)
- [Products](https://www.semtech.com/products/perse-smart-sensing)
- [Tri-Edge™ PAM4 CDR](https://www.semtech.com/technology/tri-edge)
### Tri-Edge PAM4 CDR Overview
Tri-Edge is a CDR platform optimized for PAM4 optical interconnect in next-generation 200G and 400G data center module and AOC applications.
[Read More](https://www.semtech.com/technology/tri-edge)
### Quick Links
- [Tri-Edge White Paper](https://info.semtech.com/en/tri-edge-white-paper)
- [Product Selector Guide](https://www.semtech.com/uploads/design-support/Semtech_Optical_Product_Guide.pdf)
- [Open Eye MSA](https://www.openeye-msa.org/)
- [BlueRiver Platform For SDVoE™](https://www.semtech.com/technology/blueriver)
### BlueRiver Platform For SDVoE™
BlueRiver AV-over-IP chipsets are the world’s only chipsets to transport uncompressed, zero-latency Ultra HD/4K HDR over standard Ethernet and are the foundation for Software Defined Video Over Ethernet (SDVoE) technology.
[Read More](https://www.semtech.com/technology/blueriver)
- [BlueRiver OVERVIEW](https://www.semtech.com/technology/blueriver)
- [BlueRiver APPLICATIONS](https://www.semtech.com/technology/blueriver-applications)
- [BlueRiver VERTICAL MARKETS](https://www.semtech.com/technology/blueriver-vertical-markets)
- [SDVoE ALLIANCE®](https://www.semtech.com/technology/blueriver-sdvoe)
- [Circuit Protection](https://www.semtech.com/technology/esd-protection)
### Circuit Protection Overview
Semtech is leading the way in Transient Voltage Suppression (TVS) protection solutions that safeguard electronics systems against damage or latch-up caused by electrostatic discharge (ESD), lightning (surge), and other destructive voltage transients.
[Read More](https://www.semtech.com/technology/esd-protection)
- [Circuit Protection Overview](https://www.semtech.com/technology/esd-protection)
- [Z-Platform](https://www.semtech.com/technology/z-platform)
- [Design Resources](https://www.semtech.com/design-support/)
- [Design Resources Overview](https://www.semtech.com/design-support/)
### Design Resources Overview
Semtech places a high importance on delivering superior design support and provides a wealth of tools and resources with the goal of shortening your time to revenue for your new product introductions.
[Read More](https://www.semtech.com/design-support/)
- [Product Guides](https://www.semtech.com/design-support/product-guides)
- [Development Support Documentation](https://www.semtech.com/design-support/development-support-documents/)
- [Parametric Search](https://www.semtech.com/design-support/parametric-search)
- [Quality Assurance](https://www.semtech.com/quality/search-pb-lead-free-rohs-green)
- [LoRa GitHub](https://github.com/LoRa-Net)
- [LoRa PCB Design Review](https://info.semtech.com/pcb-design-review-service)
- [LoRa Calculator](https://www.semtech.com/design-support/lora-calculator)
- [LoRaWAN Academy and Training](https://learn.semtech.com/)
- [Product Cross Reference Search](https://www.semtech.com/design-support/cross-reference-search)
- [Frequently Asked Questions](https://www.semtech.com/design-support/faq)
- [mySemtech Document Portal](https://semtech.my.site.com/DP/)
- [IoT Applications](https://www.semtech.com/applications)
### Internet of Things
Award-winning LoRa Technology, ESD and surge protection, and smart control platforms for Internet of Things-enabled devices and low power, wide area network (LPWAN) infrastructure.
[Read More](https://www.semtech.com/applications)
- - [Smart Agriculture](https://www.semtech.com/applications/internet-of-things/smart-agriculture)
- [Smart Buildings](https://www.semtech.com/applications/internet-of-things/smart-building-automation)
- [Smart Cities](https://www.semtech.com/applications/internet-of-things/smart-cities)
- [Smart Emergency](https://www.semtech.com/applications/internet-of-things/smart-emergency-response)
- [Smart Environment](https://www.semtech.com/applications/internet-of-things/smart-environment)
- [Smart Healthcare](https://www.semtech.com/applications/internet-of-things/smart-healthcare)
- [Smart Home](https://www.semtech.com/applications/internet-of-things/smart-home-automation)
- [Smart Industrial](https://www.semtech.com/applications/internet-of-things/smart-industrial-iot)
- [Smart Logistics](https://www.semtech.com/applications/internet-of-things/logistics-supply-chain-management)
- [Smart Utilities](https://www.semtech.com/applications/internet-of-things/smart-utilities)
- [Smart Consumer](https://www.semtech.com/applications/internet-of-things/smart-consumer)
- [Professional AV Applications](https://www.semtech.com/applications/pro-av-applications)
### Professional AV
AptoVision BlueRiver™ Technology uses commercial-off-the-shelf Ethernet networks to deliver higher performance, flexibility, and scalability to the Pro AV industry.
[Read More](https://www.semtech.com/applications/pro-av-applications)
- - [AV Over IP](https://www.semtech.com/applications/pro-av-applications/av-over-ip)
- [BYOM Video Conferencing](https://www.semtech.com/applications/pro-av-applications/byom-video-conferencing)
- [HDMI Extender](https://www.semtech.com/applications/pro-av-applications/hdmi-extension)
- [HDMI Wall Plates](https://www.semtech.com/applications/pro-av-applications/hdmi-wallplates)
- [Hybrid AV Distribution](https://www.semtech.com/applications/pro-av-applications/hybrid-av-distribution)
- [KVM Switches](https://www.semtech.com/applications/pro-av-applications/kvm-switches)
- [Multiviewers](https://www.semtech.com/applications/pro-av-applications/multiviewers)
- [Point-to-Point Matrix Switching](https://www.semtech.com/applications/pro-av-applications/point-to-point-matrix-switching)
- [Presentation Switchers](https://www.semtech.com/applications/pro-av-applications/presentation-switchers)
- [SDI Equipment](https://www.semtech.com/applications/pro-av-applications/sdi-equipment)
- [SDVoE™ Integration](https://www.semtech.com/applications/pro-av-applications/sdvoe-integration)
- [Smart Display Modules (SDM)](https://www.semtech.com/applications/pro-av-applications/smart-display-modules-sdm)
- [USB-C](https://www.semtech.com/applications/pro-av-applications/usb-c)
- [Video Walls](https://www.semtech.com/applications/pro-av-applications/video-walls)
- [Other Applications](https://www.semtech.com/applications)
### Other Applications
Award-winning LoRa Technology, ESD and surge protection, and smart control platforms for Internet of Things-enabled devices and low power, wide area network (LPWAN) infrastructure.
[Read More](https://www.semtech.com/applications)
- [Automotive](https://www.semtech.com/applications/automotive-apps)
- [Advanced Driver Assistance Systems](https://www.semtech.com/applications/automotive-apps/adas-body-electronics)
- [Automotive Battery Management Systems](https://www.semtech.com/applications/automotive-apps/automotive-battery-management-systems)
- [Automotive USB Charger](https://www.semtech.com/applications/automotive-apps/dashboard-electronics-usb-charging)
- [Infotainment Unit](https://www.semtech.com/applications/automotive-apps/navigation-infotainment)
- [Remote Keyless Entry](https://www.semtech.com/applications/automotive-apps/remote-keyless-entry)
- [Telematics Unit](https://www.semtech.com/applications/automotive-apps/telematics-unit)
- [Broadcast Video](https://www.semtech.com/applications/broadcast-video-applications)
- [Broadcast Equipment](https://www.semtech.com/applications/broadcast-video-applications/broadcast-equipment)
- [Consumer Electronics](https://www.semtech.com/applications/consumer-electronics)
- [Mobile Devices](https://www.semtech.com/applications/consumer-electronics/mobile-devices)
- [Wearables](https://www.semtech.com/applications/consumer-electronics/wearables)
- [TVs, Set Top Boxes, Monitors](https://www.semtech.com/applications/consumer-electronics/tvs-set-top-boxes-monitors)
- [Laptops, Tablets, Computers](https://www.semtech.com/applications/consumer-electronics/laptops-tablets-computers)
- [Appliances & White Goods](https://www.semtech.com/applications/consumer-electronics/appliances-white-goods)
- [Computers, Printers, Scanners](https://www.semtech.com/applications/consumer-electronics/computers-printers-scanners)
- [Industrial](https://www.semtech.com/applications/industrial-applications)
- [Medical Equipment](https://www.semtech.com/applications/industrial-applications/medical-equipment)
- [Factory Automation](https://www.semtech.com/applications/industrial-applications/factory-automation)
- [Energy, Smart Grids, Smart Metering](https://www.semtech.com/applications/industrial-applications/energy-smart-grids-smart-metering)
- [Surveillance](https://www.semtech.com/applications/industrial-applications/surveillance)
- [Test & Measurement](https://www.semtech.com/applications/industrial-applications/test-measurement)
- [Power Tools](https://www.semtech.com/applications/industrial-applications/power-tools)
- [Infrastructure](https://www.semtech.com/applications/infrastructure)
- [Data Centers](https://www.semtech.com/applications/infrastructure/enterprise-datacenters)
- [Passive Optical Networks / Fiber to the Home](https://www.semtech.com/applications/infrastructure/enterprise-passive-optical-networks-fiber-to-the-home)
- [Broadband](https://www.semtech.com/applications/infrastructure/enterprise-broadband)
- [Networking & Optical Communications](https://www.semtech.com/applications/networking-communication)
- [Broadband](https://www.semtech.com/applications/networking-communication/broadband)
- [Passive Optical Networks / Fiber to the Home](https://www.semtech.com/applications/networking-communication/passive-optical-networks)
- [ISM Networks](https://www.semtech.com/applications/networking-communication/ism-networks)
- [Wireless Infrastructure, Base Stations](https://www.semtech.com/applications/networking-communication/wireless-infrastructure-base-stations)
- [Data Centers](https://www.semtech.com/applications/networking-communication/datacenters)
- [Quality](https://www.semtech.com/quality)
- ### Quality Overview
Ethical standards drive peak customer satisfaction.
[Read More](https://www.semtech.com/quality)
- [Quality Overview](https://www.semtech.com/quality)
- [Reliability](https://www.semtech.com/quality/reliability)
- [Product Testing](https://www.semtech.com/quality/testing)
- [Material & Packaging Declarations](https://www.semtech.com/quality/declarations)
- [Quality & Failure Analysis](https://www.semtech.com/quality/analysis)
- [Search Pb(Lead)-Free/RoHS-Green](https://www.semtech.com/quality/search-pb-lead-free-rohs-green)
- [Environmental Initiatives](https://www.semtech.com/quality/environment)
- [Quality Policy](https://www.semtech.com/quality/policy)
- [Quality Certifications](https://www.semtech.com/quality/certifications)
- [IR Reflow Profiles](https://www.semtech.com/quality/reflow-profiles)
- [About](https://www.semtech.com/company)
- ### Company Overview
Since our founding in 1960 as a manufacturer of high reliability products, Semtech has grown to become a multinational technology innovator, enabling solutions that help to make the world a better place.
[Read More](https://www.semtech.com/company)
- [Company Overview](https://www.semtech.com/company)
- [Leadership](https://www.semtech.com/company/executive-leadership)
- [Corporate Citizenship (ESG)](https://www.semtech.com/company/corporate-citizenship)
- [Core Values](https://www.semtech.com/company/core-values)
- [News & Media](https://www.semtech.com/company/news-and-media)
- [Videos](https://www.semtech.com/company/videos)
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22 July, 2021 4 min read
# How the IoT Is Shaping Asset Management Solutions
Marc Pégulu
Asset tracking is one of the most widely deployed Internet of Things (IoT) applications. According to [Juniper Research](https://www.juniperresearch.com/press/asset-tracking-to-be-used-by-90-million-globally), there will be a 27% increase in asset tracking usage over the next five years, growing from 90 million in 2020 to 114 million by 2025. With this increase, IoT solutions need to enable the efficient and reliable monitoring of assets as they move through the production cycle, and often throughout large warehouses and campuses. Having access to reliable location data is increasingly valuable to production managers, reducing the potential for assets to be misplaced or lost entirely during their journey.
Many industries are investing in smart technologies to replace legacy systems with automated asset management solutions. Legacy asset management systems are often power hungry and require multiple devices, software and services from numerous vendors, resulting in increased complexity and cost.
At the same time, IoT solutions can be expensive or impractical to implement because of the vast area the asset needs to travel. The main difficulty is linking remote sensors wirelessly to the internet across a variety of sites, both indoors and outdoors – even across different countries – in a seamless manner. The ideal wireless solution should be cost efficient, low power and secure, with the ability to work over long distances. By coupling those features with a low cost and lightweight solution with a standardized infrastructure, the result is a reliable tracking solution that allows logistics operators to reduce downtime during transportation.
### Creating Smarter Asset Management Solutions
According to a commissioned white paper from ABI Research, “[LoRaWAN® and Multi-RAN Architecture Connecting the Next Billion IoT Devices](https://info.semtech.com/abi-research-white-paper),” the LoRaWAN standard is the leading license-exempt low-power wide-area (LPWA) network standard addressing massive IoT adoption – the greatest areas for IoT adoption include asset tracking and logistics.
The following is an excerpt from the ABI Research white paper:
*With IoT-based sensors, asset tracking solutions can provide broader visibility into three types of use cases:*
- ***Asset Identification:** High-volume package-level tracking of assets using very low-cost either reusable or disposables tags.*
- ***Asset Track and Trace:** Includes tracking the location of stationary or slow-moving non-powered assets using battery-powered sensors devices. Smart sensor solutions can also cover where an asset’s geolocation is traced.*
- ***Asset Condition Monitoring: **This covers IoT applications that allow for remote monitoring of the condition, status, or health of assets in the field.*
*Automated asset management solutions can be embedded in to assets, such as pallets, packages, containers and other equipment, to provide better supply chain visibility. Today, most asset trackers accommodate multi-radio architecture that includes short-range wireless protocols like Bluetooth Low Energy (BLE) and Wi-Fi for indoor location tracking and provide an interface with smartphones. Global Navigation Satellite System (GNSS) for outdoor tracking and WAN technologies such as LoRaWAN are becoming increasingly used for location tracking.*
*With additional sensors and location data, such as GNSS and network geolocation, asset trackers can be used in track and trace applications for data transmission frequency that ranges from every hour to less than a few minutes of asset trace applications. Device-to-cloud geolocation services further reduce device hardware costs and optimize battery consumption. With solutions like Semtech’s LoRa Edge™, which combines Wi-Fi, GNSS and LoRa®, location data is processed in the cloud to provide meter-level location accuracy.*
### Benefits of LoRa Geolocation
Asset tracking is one of the most widely deployed Internet of Things (IoT) applications. According to Juniper Research, there will be a 27% increase in asset tracking usage over the next five years, growing from 90 million in 2020 to 114 million by 2025. With this increase, IoT solutions need to enable the efficient and reliable monitoring of assets as they move through the production cycle, and often throughout large warehouses and campuses. Having access to reliable location data is increasingly valuable to production managers, reducing the potential for assets to be misplaced or lost entirely during their journey. LoRa Edge is a multi-technology geolocation solution that helps supply chain and logistics professionals significantly lower the cost and reduce design complexity of their IoT asset tracking and monitoring solutions. The transceiver utilizes GNSS tracking for outdoor applications and Wi-Fi passive scanning for tracking indoor assets – enabling continuous indoor-outdoor tracking on a single chip. The fact that LoRa Edge can transition between outdoor and indoor activity automatically is a key differentiator in the market, replacing the need to build different trackers for indoor or outdoor use or trackers that combine multiple location methods with a single chipset, reducing complexity and cost.
With these capabilities, geolocation is transforming the way industries handle asset tracking. It is proving to be a very valuable tool to make life easier by enabling the following:
- **Increased efficiency and productivity:** Traditional asset tracking technology can be challenging for workers, as it requires them to physically monitor each individual pallet with little help. Implementing IoT solutions to monitor assets provides workers with the ability to quickly locate and deploy assets, saving time, fuel, equipment and resources.
- **Efficient management and operations:** – With geolocation and GPS technologies, logistics managers can streamline the workforce needed to track down vehicles, product movements and statistics. With two-way communication, fleet managers can communicate with their team in real time. By streamlining this process, managers can reallocate workers to other departments or more value-added tasks.
- **Real time location tracking –** Implementing a low power, long range solution into the supply chain allows assets to be tracked throughout all points of the journey. A smart asset tracking solution can simply inform managers of the whereabouts of goods and prevent theft and other losses.
### Real-World Use Case
Digital Matter, a leading supplier of GPS and IoT hardware and device management software, leveraged the LoRa Edge asset management platform to develop Yabby Edge, an innovative battery-powered tracking device for indoor/outdoor asset management. The LoRa Edge platform significantly reduces the cost and complexity of IoT asset management in key applications such as pallet and warehouse equipment tracking, inventory and shipment management, trolley, cart and container tracking, medical equipment management, and more.
The Yabby Edge device runs on the LoRaWAN network and features:
- GNSS and Wi-Fi Scanning with Cloud-Based Geolocation
- Game-changing battery life with up to 12 years on only 2 x AAA user-replaceable batteries
- Tracks assets when they’re on the move and enters sleep mode when stationary to save power
- Low cost to support large-scale deployments
Digital Matter was examined three main factors when determining the appropriate geolocation solution – battery life, device size and cost. The Yabby Edge ticked all three boxes with low power consumption and incredible battery life, compact, concealable and ultra-rugged housing and manufactured at a price point that enables large-scale deployments.
Location data can be easily forwarded to any customer platform or system for simple integration and device settings can be configured to fit any tracking application.
With help from LoRa Edge, Digital Matter is helping customers deploy ultra-low power and cost effective solutions in a variety of verticals.
### Conclusion
For asset tracking applications, smart sensors with low power and long range capabilities offer the coverage, battery life, deployment ease and cost efficiency that many verticals applications require. With advancements in asset management and geolocation technology, companies are now in a better position to harness smart solutions to improve their logistics management.
This article was originally published on [embedded.com](https://www.embedded.com/how-the-iot-is-shaping-asset-management-solutions/).
Learn more about LoRa Edge by downloading an infographic.
[](https://cta-redirect.hubspot.com/cta/redirect/2507363/d4ee425a-0856-4774-9c79-4eb3acd3e8d6)
*Semtech*®*, the Semtech logo, LoRa*®*, and LoRaWAN® are registered trademarks or service marks, and LoRa Edge*™ *is a trademark or service mark of Semtech Corporation or its affiliates. Other product or service names mentioned herein may be the trademarks of their respective owners.*
---
[LoRa](https://blog.semtech.com/topic/lora) [Smart Supply Chain Logistics](https://blog.semtech.com/topic/smart-supply-chain-logistics) [Wireless RF](https://blog.semtech.com/topic/wireless-rf) [Internet of Things](https://blog.semtech.com/topic/internet-of-things) [Asset Tracking](https://blog.semtech.com/topic/asset-tracking)
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### Related Blogs:
[Cisco Delivers Remote Monitoring Of Assets With LoRaWAN®](https://blog.semtech.com/cisco-delivers-remote-monitoring-of-assets-with-lorawan)
November 2, 2020
[LoRa Edge™: A Revolution in LPWAN Technology](https://blog.semtech.com/lora-edge-a-revolution-in-lpwan-technology)
March 23, 2020
[LoRa Technology Makes Logistics Management Smarter](https://blog.semtech.com/iot-makes-logistics-management-smarter)
November 8, 2017
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