The Benefits of Aggregating Condition-Based Monitoring and Asset Tracking Solutions

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By Taylor Jensen | 3Q 2022 | IN-6621

 

Cold Chain Monitoring Setting the Trend

NEWS


The cold chain monitoring market has set the tone for companies to be interested in having Condition-Based Monitoring (CBM), in addition to tracking their assets. Cold chain monitoring has been the largest market for these combined solutions and was driven by the distribution of COVID-19 vaccines. The vaccines need to be stored at very low temperatures, so a basic tracking solution that just shows the location of the product is not fully sufficient. If the vaccine were to be stored in an environment outside of its very necessary conditions, the doses would become ineffective. Other industries saw the benefits of monitoring their assets as they are being tracked and have shown increased demand for both solutions to be offered together.

Increasing Demand for Monitoring Tracked Assets

IMPACT


After the successful implementation of the rollout of the COVID-19 vaccine, other industries realized that they could also benefit from more than just tracking solutions and could fill the gap in the distribution process where they haven&rsqu…

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