Valuable assets and inventories can be scattered across vast distances locally, regionally, nationally or even internationally. Companies cannot successfully maximize utilization of their equipment without clearly understanding where it is and how long it will be there. The Internet of Things technologies such as RFID, GPS and BLE make it possible to uniquely and automatically identify materials and people. Tools, heavy equipment, trucks and cars, material pallets and individuals can be tracked and traced, immediately establishing where something (or someone) is, what it is, when it was last used or checked for maintenance, and whether all required components are in place for the task at hand, along with the people authorized to use them. Items can be matched to locations, tools matched to the people who use them, and people matched to the places they can or can’t go.

Energy companies have discovered the value that these edge technologies can offer: improved visibility, increased utilization of assets and electronic certification of proper maintenance. Facilities already using these technologies are showing significantly improved profitability and customer satisfaction. The ability to add sensors and wireless reporting capabilities offers new and unparalleled capabilities resulting in more timely service to customers and equipment as well as improved safety for workers.