Telematics essentially combines the sciences of telecommunications and informatics. Combining the hardware and communication technology of telecommunications and the data processing analytics of informatics, put it on a map, and you have modern-day GPS based telematics. What Industries Use Telematics? Some industries benefit from telematics more than others. That comes down to how the system is used and the use case for each specific organization.

Asset tracking is the process of monitoring and recording physical assets using barcodes or GPS and RFID tags. By capturing vital information about the company’s resources and properties, you’ll be able to identify the status of the company’s assets and their locations at all times. Companies carry out asset tracking activities to protect their valuable assets and reduce unnecessary costs of replacement and maintenance. These