IoT devices powered by the Samsara Network are now available for businesses to protect assets and reduce costs.

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Designed to meet customer demand for tracking and managing small, high-value assets, the Asset Tag can minimise downtime spent searching for lost or stolen items, reduce associated costs and simplify inventory management.

The device connects critical assets to the cloud, enabling customers to capture and analyse location insights to significantly improve operational efficiency.

Samsara’s Asset Tags can track anything, big or small. Examples include toolboxes and jackhammers. Managers can share asset locations with technicians in the field via the Samsara Driver App and avoid service disruptions with Inventory Filtering, which pulls a summary of assets and applies filters to identify which tools are in close proximity. This enables managers to better manage inventory and increase operational efficiency with a consolidated dashboard and easy-to-use reporting.

David Gal, vice president, product and engineering at Samsara, explained: “About a year ago, the Asset Tag was born from a radical idea that we could use the millions of Samsara Gateways we have out in the field to create a network, enabling ‘tags’ to ping off those devices. With this, we’d unlock a level of asset tracking that was previously impossible and solve even more real-world problems for our customers.

“After months of rigorous testing and customer feedback, I’m excited to see this vision become a reality. As we further connect every aspect of physical operations, we can turn massive amounts of data into valuable insights and drive real results.”

The Asset Tag is already being tested by the Pike Corporation, a leading provider of infrastructure solutions for electric and gas utility companies within the United States and an existing Samsara platform customer.

Pike is using Samsara’s Asset Tag to help recover misplaced or lost tools and equipment and accurately track safety PPE to comply with annual OSHA testing requirements.

“We have several high-value assets such as service gloves and electrical grounds that don’t have serial numbers, but still need to be tracked, managed and inspected to remain compliant,” said James Banner, senior vice president of administration at Pike Electric. “Previously misplaced equipment would take us weeks to locate and if lost entirely, cost up to a million dollars to replace annually. With Samsara’s Asset Tags, we are hoping to minimise this downtime, cut costs, and digitise manual inspection processes – all while keeping our employees safe and efficient. We’re just getting started with this technology and I look forward to seeing what else it can do.”

Samsara’s Asset Tag is available to order now for customers across North America and Europe.