Pinpoint Data Precision with Real-Time Location Systems
Sometimes enterprises require a greater level of precision and real-time accuracy. Real-time location systems (RTLS) provide precise data on the critical pieces of your enterprise like assets, equipment, and personnel. An RTLS utilizes tracking technology to locate tagged items and help businesses become more productive, cost-effective, and compliant
Each location tracking solution has its own requirements for the data collected and can be tailored to the needs of each business. A retailer might use location technology to pinpoint where a product is in a store. However, a manufacturer might use it to see where and when their products are distributed throughout the value chain. Some organizations need constant updates on valuable assets while others just need to know where assets or materials are in the overall process. Ultimately, your needs and process determine the design of a location system. When choosing location hardware for data capture, it is important to evaluate the following requirements:
- Range – Are your assets contained to a single facility or are you trying to measure distribution far and wide?
- Accuracy – How exactly do you want your data to be regarding elements of time, speed, and signal?
- Precision – To what degree do you need to hone in on an item’s location?
- Determinacy – How often do you want to be notified of an asset’s location (by the second, minute, hour, etc.)