Read our blog posts on RTLS (Real-Time Location Systems) to see how we are helping our customers leverage our locating solution to drive productivity and efficiency.
Location Asset Tracking is the process of monitoring and managing physical assets within an organization or across various locations. It involves using technology such as GPS, RFID (Radio-Frequency Identification), barcode scanners, or IoT (Internet of Things) sensors to keep tabs on the location, status, and movement of assets.
Real-Time Locating Systems (RTLS) are increasingly commonplace in industrial applications, ranging from tool tracking for manufacturers to indoor mapping of warehouses. With industrial companies allocating as much as 70% of their operational expenses on labor, RTLS technologies seek new capabilities for labor analysis.
RTLS is an acronym for real-time location system, which identifies the current location of assets or people. RTLS doesn’t necessarily refer to a specific technology, but rather it is a solution that may be achieved through various technologies. RTLS can accurately locate and manage assets, inventory, or even people and help companies to make informed decisions based on collected location data.
RTLS is used across many industries with specific applications such as workforce optimization and automatic rostering. We’ve compiled some of the most important terms related to Real-Time Location Services (RTLS).
Geofencing is a system of virtual boundaries. Using GPS, radio frequency identification, Wi-Fi, and other data mechanisms, a geographical location carries a “geofence” that shows the specific location, and mobility patterns of people and their devices. Geofencing software provides real-time coordinates within the virtual fence perimeter. If the device goes beyond that perimeter, alerts—through a push notification or text message—will be sent to the user.