What is Cloud-Based Asset Management?
MAINTENANCE | August 23, 2021
Cloud Based Asset Management is a software solution that handles data related to the physical assets of an organization. It enables data storage and run the application in the server without installing the software. Organization can make use of Cloud Based Asset Management that facilitates centralized storage of data. This data can be accessed from any device that supports internet connection. The larger benefit is; it provides data security.
What is Asset Tracking Software?
An asset tracking software provides solution to track the assets of the organization and their functioning capacities. It enables to locate and monitor the entire assets of the organization. In simpler words, it is a digital representation of a physical object. It is a method of capturing the asset’s data and information. Instead of manually handling the entire asset, asset tracking software automates asset management. An accurate real-time data is available to the user.
Benefits of Cloud Based Asset Management
Security
Any data that is stored, is stored in an encrypted form. Hence the cloud management system offers security of data. A dedicated security team works continuously in eliminating any vulnerabilities
Accuracy
Any manual calculation is subject to error. A cloud based management system provides accurate information.
Data of Each Asset
Preventive Maintenance can be easily scheduled when the data of each asset is available.
Save Time
When assets can be tracked from the convenience of any device with an internet connection, a lot of time can be saved.
Cost Efficiency
An average computer with a cloud-based technology eliminates investment in hard disk and other data storage system. Thereby saving costs.
Better Decision Making
Statistic data of the asset are accurately available which helps business in making better decision.
Data Centralization
Data on each and every asset is centralized in one particular place. Hence it can be retrieved easily.
Installation and Configuration
The cloud-based software is installed remotely. The same can be run on multiple devices that have an internet connection at the same time without any conflicts.