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Showing posts from November, 2021

Why Does IT Asset Management Play a Vital Role in Data Security?

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  Data security is one of the most sensitive issues but still, lots of organizations ignore it. Whereas some organizations keep increasing the level of security. Data is the driving force for the organization. The establishment of a successful network safety technique is information about the climate. IT asset management (ITAM) empowers associations to know what resources they have and where they are found, guaranteeing that all resources are followed so they can be gotten properly According to  Statista , “The value of India’s data security market in 2019 amounted to over eight billion Indian rupees. This was estimated to reach 21 billion rupees by 2025. This marked a CAGR (Compound Annual Growth Rate) of over 16 percent between 2020 and 2025.” What Is Data Security? Data security is important for all organizations as technology is evolving so are hackers. It is an essential practice so that data can be protected from unauthorized access. Data is one of the most important assets for t

Why Manual Inventory Tracking Must Be Replaced with Automated Inventory Tracking?

  Inventory tracking is important for organizations, but several organizations ignore inventory tracking and as a result, they suffer from huge losses. That is why it is important to replace inventory tracking with automated inventory tracking. In this blog we will discuss what are the losses that occur due to manual inventory tracking and what are the benefits organizations can get with automated inventory tracking! So, let us get started! What Is Inventory Tracking? Inventory tracking  is essential for all organizations. Inventory can be raw material, ready product, or some MRO (maintenance repair operation) part. So, every industry has one of these 3 names which means every organization has inventories. What Is Manual Inventory Tracking & What Are the Advantages & Disadvantages of It? In manual inventory tracking, inventory records are inaccurate because of human error, and inventories are tracked via a spreadsheet. Since they are accessed by multiple people chances of data

What Are the Benefits of Mobile Asset Tracking in Businesses?

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There are several organizations that want to optimize their operation and increase their efficiency as well but do not know how to do that. The best way to achieve that is by implementing mobile asset tracking. It can play a crucial role in optimizing performance and give you the flexibility to schedule work through your mobile. In this blog, you will know what mobile asset tracking is & what are the benefits! So, without wasting any time let us begin! What Is Mobile Asset Tracking? Asset tracking which is done with mobile assistance is mobile asset tracking. Several types of software are developed specifically for mobiles because nowadays mobiles have all the features and  asset tracking  can be done easily & effectively. Moreover, it gives you flexibility & makes changes when you are away from your office, and you are not bound to your workstation as well. Furthermore, you can add or modify work operations as per your need. Also Read:  Mobile Asset Tracking Software – Eas

Detailed Overview About Equipment Tracking System

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An organization has lots of aspects to look at in terms of equipment tracking & their time is not utilized productively. Lots of employees’ time is wasted on finding information. According to the   Transcendent , “Professionals spend 5-15% reading information but up to 50% looking for it & 80% of employees waste an average of 30 minutes per day retrieving information”. This type of scenario decreases efficiency. But equipment tracking system helps organizations in minimizing these types of scenarios and increasing efficiency. There are several other benefits of using equipment tracking that we will be discussing below. But first, let us know what exactly the equipment tracking system is! So, let us begin! What Is an Equipment Tracking System? An equipment tracking system allows you to keep track of your assets. It gives a complete & clear picture of your asset’s crucial information. You can know where the asset is located, who is using it, when it will be back in stock or w

How Is Preventive Maintenance Helpful to the Healthcare Industry?

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Keeping assets maintained is essential for the healthcare industry because in several scenarios it can be a matter of life. Human life is dependent on these assets. You would not want your assets are in bad condition in an emergency scenario. Therefore, in hospitals, it is the need that all medical equipment is organized and must be in decent shape. That is why preventive maintenance must be utilized. What Is Preventive Maintenance? Preventive maintenance is one of the best practices for all industries. It keeps assets in good condition with the help of  preventive maintenance software  you can schedule maintenance in advance for each asset. Moreover, it plays a crucial role in boosting the performance of assets. It minimizes the failure chances of assets. According to the statistics of  Markets and Markets , “The global predictive maintenance market size is expected to grow from USD 4.0 billion in 2020 to USD 12.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 25.2% durin