How Would Asset Tracking Work In Space?

How Would Asset Tracking Work In Space?

How Would Asset Tracking Work In Space?

Asset tracking has developed in leaps and bounds in recent years. Now, finding where your fixed assets are, who has them and how they’re behaving is easy… On Earth.

How would asset tracking work in the final frontier, space? While difficult, tracking location and running audits in space actually isn’t impossible.

This isn’t to say the capabilities would be like-for-like as they are on Earth. For example, the lack of smartphones may cause difficulties. However, smartphones are still usable in space, as are laptops, radioactive interference merely shortens the lifespan.

So, how would asset tracking work in space?

Space Asset Tracking


Space Location Tracking

For space location tracking to work in a similar way to the way it does on Earth, celestial objects or any man-made space tech need to be tracked relative to an object. This becomes much simpler when what you’re tracking is in the orbit of said object.

In other words, there is no x, y or z axes in space where there are on Earth. Any object on Earth has a latitude, a longitude and an altitude. This is how conventional GPS asset management works – it gives you where an asset is in terms of x,y,z or latitude, longitude and altitude.

Therefore, to track an object in space, we can use the same logic where if something is 65 miles above sea level above the white house, the coordinates are 38.8977º North, 77.0365º West, and 65 miles upwards. In other words, this tracking still works relative to Earth.

However, this creates a world of difficulties as the White House will move at the same rate as the Earth’s spin and the Earth’s orbit around the sun, where these two factors will affect how easy it is to track things in space. In other words, if the White House is “still”, the x,y,z coordinates do not change, where they do for a space-craft.


Overcoming Space Tracking Difficulties

You’ll have likely heard that there’s more technology in your smartphone than put us on the moon. Therefore, how is it that your smartphone can track your IT assets but find difficulty in tracking space objects?

The answer is simple: Maths. The way you overcome location tracking difficulties within anything tracking space objects, from your smartphone to your laptops to your own imagination is with maths.

As you can still bounce signals to and from space objects, you can track them mathematically at a given moment. What does this involve? A lot of factors.

The most simple part is when you’re closer to the answer, you can bounce a signal off a space object to get a hypotenuse. Then, if you know that object’s altitude you can use Pythagoras’ theorem to find out x,y. The difficulty here is that you need to position multiple signal trackers so that none of them need to pass a signal through Earth. The signal also needs to be sent and bounce at the correct angle, as it must be a straight line to and from the tracker.

calculating orbit

Yet, to get more specific and granular you need to do the more complex maths including the speed and direction of travel, the current velocity of the ship, the angle of the orbit, the shape of the orbit to find out the altitude of the ship. Once you know all of this, you’ve calculated the position anyway.

Therefore, it’s essentially “find x”, “find y”, “find z” and, using tracking technologies, you can fill in the gaps to reduce the number of unknown variables.

This can still present difficulties. For example, as the ISS was built in space, there were a lot of unknowns based on whether or not the GPS receivers they built will work. It is still the best way to fill in the gaps as now, instead of having pages and pages and pages of formulae to track every element involved in space travel (including pitch, yaw, velocity, etc.), we can use technology to feed us that information.


Using Asset Management Features In Space

So, we’ve established how to track the where of the objects. Now, how do general asset management features work in space?

First and foremost, you won’t be able to use last seen location tracking or 4G as, if you’re using a phone in space, it isn’t communicating with any cell towers. Satellite phones are possible to use, but they may not offer you as much as smartphones.

There are two things to establish, though. First of all, you can use WiFi in space. Second of all, you can use smartphones in space. The caveats are that the WiFi is going to be slower than at that “never again” budget hotel and your phone’s usable life will be lessened by radioactive interference.

However, what this means is that asset tracking apps are usable in space, as well as web portals, provided your spacecraft has WiFi. If they have offline capabilities, even better, as dodgy wifi is mitigated by a more complete workflow from scanning a tag to reporting an issue.

There is still no word on whether alien spacecraft use WiFi, however, so should you get abducted, there are two main reasons why you wouldn’t be able to use what3words.

alien asset tracking


Lab Equipment, Healthcare Equipment, And Other Space-Bound Assets

So, what kind of assets would you need to track in space? The answer could be anything, as it is on Earth. For example, on the ISS many plant-based experiments are happening as they are on Earth.

So what would you need to track? Asset data, such as success rates, who is in charge of which assets, where they’ve been and where they are. Any IT asset management may be needed, or, any fixed asset management.

The fact that you can’t track specific, GPS locations is mitigated by the fact that it’s much more difficult (but still entirely possible) to lose something in a confined space, but GPS tracking of the ship itself is still possible.

So, much like on Earth, asset management software is still helpful at building an audit trail, accountability trail and for indicating who is using what, when, and where.


itemit’s Down To Earth Asset Tracking Software

itemit’s asset tracking software prides itself on being simple, usable and effective at tracking and managing your asset data. This is why it’s used by hundreds worldwide tracking anything from fixed assets to IT assets to tools and equipment.

The app was created and is owned by RedBite Solutions where our motto is that we solve the world’s most challenging asset tracking problems.

Therefore, if you think you have a challenge that can’t be overcome by anyone on Earth or in space then send it to us and we’ll consult with you on the best ways to bring your vision to life.

We’re experts in asset tracking, including RFID asset management, GPS tracking and barcode and QR code asset management. The itemit app allows you to use all of these technologies, off-the-shelf, and couple them with a suite of helpful features that work on Earth and in space.

To find out more, or if you have any out of this world asset tracking problems to solve, send them our way at team@itemit.com. We’ll be happy to help you bring your vision to life.

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Why Are Asset Tags Useful?

Why Are Asset Tags Useful?

Why Are Asset Tags Useful?

Asset tags are physical tags that you can use to track and manage your kit. As you can purchase customised tags, you can get metal asset labels, tiny tags, standard tags and more, meaning that they’re suitable for almost all of your tools and equipment.

Then, asset tags work by linking your assets to corresponding digital profiles. In other words, they link your physical assets with digital twins of them, meaning that every time you scan an asset’s tag, the corresponding profile is retrieved.

How Custom Asset Tags Can Improve Your Asset Tracking


Setting Up Asset Tags

First of all, you need to set up your asset tags. You do this by using an asset management system with an integrated asset tracking app. Each tag needs an asset, so you will need to set up your asset register.

There should be some speed improvements and benefits with your asset tracking app. For example, with itemit, you can bulk add tags to multiple assets or you can create an asset by scanning an unassigned asset tag.

Once the tag and asset have been linked, you can start tracking your asset with QR code asset management processes. Barcodes are also usable, the only thing is that your codes need to be unique. Therefore, you can use product barcodes if you have multiple of the same product as the codes will be identical.

But what is the benefit of using asset tags and are they essential?


Automated Location Tracking

With asset tags, you can automate your asset location tracking. This is as every time you scan an asset’s tag, the last seen location automatically updates using your phone’s GPS data.

When this happens, the user who scanned the tag and the time of the scan is logged also, giving you the most visibility possible over your assets’ audit trails.

This is a system you don’t get without using asset tags. You can manually update an asset’s location without using tags, but then to create a full audit trail, you will also need to add the time of the scan and who scanned it. Asset tags simply do this process for you with every scan.

Asset tags also allow you to update asset data, such as manually added locations, in bulk. This means that if twenty assets are added to storage, you need only scan the tags in bulk to reflect this.


Speed Up Asset Data Management

Every time you scan an asset’s tag, the asset’s corresponding digital profile will open. This helps you for a number of different reasons. 

If you discover a lost, tagged asset, all you need to do is scan that asset’s tag to retrieve relevant and up-to-date data on it. This means that instead of a lost laptop passing through several hands before it gets back to where it belongs, who it belongs to is visible within the asset’s profile.

This also means that if you need to report an issue or fault with an asset, you don’t need to search for that asset in a list. Scan the tag, report the issue, it’s that simple!

Asset tags, therefore, give you many accountability benefits, increase your visibility and save you time and money in the process.


itemit’s Asset Tracking Software

As last seen location and asset profiles open up in tandem, you get both of these benefits simultaneously. However, you still need effective asset tracking software behind all of your tagging operations. This is where itemit comes in.

itemit lets you track and manage any asset and save time and money in the process. You can customise how you track your assets to take your asset management operations as far as possible.

In this sense, you can get the benefits of asset tagging on the assets that require tags, and have the freedom of not being tied down to tags for assets that don’t necessarily need them, such as vehicles.

itemit lets you mix and match asset tagging technology, too, meaning you can track your assets with RFID asset tracking operations, GPS trackers and QR codes and barcodes, all at the same time.

To find out more about how itemit can help you, contact the team at team@itemit.com. You can also fill in the form below to start your 14-day free trial. If you’d like a sample of free tags, let us know!

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The Best Ways To Track Your Fixed Assets

The Best Ways To Track Your Fixed Assets

The Best Ways To Track Your Fixed Assets

Fixed asset tracking is essential when your business is trying to find ways to save time and money. The benefits are clear. When you track your fixed assets, you avoid tax and insurance risks, lose fewer assets, purchase fewer duplicates and create an effective accountability trail.

Is a spreadsheet good enough to handle this? The short answer is no. A spreadsheet is good for logging which assets you own, but then further than that you’ll start to lose money. Every time an asset is decommissioned, moves or is damaged, a spreadsheet becomes incomplete and so the money you’ve saved is completely lost.

Fixed asset tracking software gives you a return on investment so, while it isn’t free, you end up with more time and money than you would if you were using a spreadsheet for your fixed asset register.

How Does A Fixed Asset Register Help Save You Money?


The Best Way To Log Fixed Assets

You may already be logging your assets onto a spreadsheet and using this as your fixed asset register. This isn’t the best way of doing things as spreadsheets create accountability risks and gaps.

The concept is clear, though, you need to log each of your assets (a row) and add data and information against them (a column). The reason that a spreadsheet is so unwieldy is that every time an asset changes, single cells change and it can be difficult to pinpoint what needs editing.

This is where fixed asset management software comes in. With fixed asset management software, instead of logging your assets as rows, you log them as unique, digital profiles.

Then, you can add data to these profiles, such as maintenance reminders, usage history and assignees, to indicate which of your colleagues is responsible for the asset.

This automatically gets pulled into a fixed asset register that you can export as a pdf or spreadsheet. So, you still get the benefits of a spreadsheet without the risks they create.


Tracking Depreciation & Lifecycle

One of the best ways to track your fixed assets is tracking their lifecycle. This allows you to extend asset usage and get more out of your assets, a cost-saving benefit that is often overlooked.

Not only does more transparency and control over your asset register mean that you purchase fewer duplicate assets, but it also means that you purchase assets less frequently in general.

This is why tracking maintenance, using reminders and issues management, and tracking how your assets are depreciating is essential. Knowing the value of your overall asset register is critical for auditing, but also gives you a good idea of how up to date your asset register is and shows you if there are any gaps.


Tracking Asset Locations & Usage

Another way to track if there are gaps or issues in your asset register is by tracking asset locations and usage. There are a few ways to do this in the best fixed asset management software.

Primarily, you can use fixed asset tags and last seen GPS location tracking. This works by allowing you to attach a tag to your assets and scan it with your smartphone. 

Every time you scan an asset’s tag, the last seen location is updated automatically and the asset’s profile opens. This means, for example, if you notice a misplaced laptop, you need only scan that asset’s tag to view who it belongs to. In doing so, you’re also adding to the laptop’s location trail and automatically adding to a larger picture of where the asset has been.

You can also track locations more manually, using bulk adding, removing and scanning functionalities. This allows you to bulk assign assets to users, to indicate who has what, or bulk move assets from one location to another. In other words, if twenty assets are entering storage, you can log it as such simply by bulk scanning the twenty assets’ tags.


itemit’s Fixed Asset Management Software

itemit’s fixed asset management software gives you the highest levels of accountability, transparency and control over your assets. With itemit, you can monitor where your assets have been, how they’re behaving and who is responsible for them.

This is coupled with powerful tagging and tracking technologies, as you can mix and match RFID asset tracking with GPS trackers and QR code asset management. This means that your assets never have to go missing again.

To find out more about why itemit gives you the best ways to track your fixed assets, you can contact the friendly team at team@itemit.com. If you’re ready to dive in, you can also start your 14-day free trial by entering your details into the form below. Fixed asset tracking is easy when you use itemit.

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Why Choose itemit As Your Asset Tracking Software

Why Choose itemit As Your Asset Tracking Software

Why Choose itemit As Your Asset Tracking Software

itemit’s asset tracking software provides you with a huge return on investment. This is as you can track any different type of asset in multiple different ways.

For example, itemit supports fixed asset tracking, IT asset management, tools and equipment tracking, fleet management, healthcare asset management and more.

This is as, with itemit, you can log any type of asset and customise what data you add to this asset, allowing you to track it in a myriad of ways. All the while, you save time because of the simplicity inherent to itemit.

itemit asset tagging options QR vs Barcode


How Does itemit Work?

itemit lets you log unique, digital asset profiles and add data to them. Each of your assets can have its own profile and you can build an automated fixed asset register this way.

Then, once you’ve logged your laptops, for example, you can add warranty dates, user information, attachments, images and more to your assets.

All of your data contributes to exportable, manageable, and customisable reports. From here you can:

  • Export your fixed asset register for audits
  • Pinpoint asset information, such as which assets are assigned to Joe Bloggs
  • Track asset depreciation
  • Pinpoint how long assets have been in locations for
  • Find gaps in your audit trails
  • And more!


Using Asset Tags

Asset tags aren’t essential to itemit but can save you a lot of time. Asset tags are physical tags that you stick onto your assets and link to their corresponding digital profiles.

Then, every time you scan an asset’s tag, the asset’s profile opens and the last seen location is logged. This means that if you need to retrieve asset data, all you need to do is scan that asset’s tag. Then, if you’re identifying a lost asset, all you need to do is scan the tag to see who is in charge of that asset.

Tagging & tracking also unlocks a lot of speed optimisations as, with asset tags, you can bulk edit information using itemit’s app. This includes the ability to bulk change assets from one location to another if you’re logging that twenty assets are entering into storage for example.

itemit is unique as the system allows you to mix and match your tracking technologies. So, with itemit, you can create the most accountability and automation possible through using GPS trackers, RFID tags, QR codes and barcodes.


Mixing And Matching Asset Tracking Software Technologies

Mixing & matching capabilities is always best when you’re trying to find a route towards the most accountability possible. One system will work for IT asset management but won’t necessarily work for high-value assets.

With this as an example, if you’re fully automating your asset tracking with off-the-shelf fixed RFID asset management, a system only available with itemit, you have to buy different RFID tags for your high-value assets and for your laptops. This is as RFID tags can interact with metal or conductive materials.

With this alone, you need a flexible system that allows you to track your assets the way that’s best for your business, with minimal restrictions. Then, when you add GPS trackers, handheld RFID and QR code asset management into the mix, the results appear impossible.

itemit, however, allows you to customise your asset tracking capabilities in a way that works for you and your business. The system is built to save you time and money and that’s why it’s used the world over by all industries.

The app is asset-agnostic. This means that when you’re tracking your assets, they can be anything from movie props to cameras to spanners to laptops. All the same, the system will save you time and money.

To find out more about how itemit’s asset tracking software can save your business time and money, you can contact the friendly team at team@itemit.com. You can also fill in the form below to start your 14-day free trial.

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How Does A Fixed Asset Register Work?

How Does A Fixed Asset Register Work?

How Does A Fixed Asset Register Work?

A fixed asset register should be the most robust and complete record of your assets. It needs to be comprehensive, up-to-date, and contain all necessary, relevant and critical asset data.

Your fixed asset register will contain all of your company’s fixed assets. These are the assets you can’t easily convert into cash and that you use on a more permanent basis, such as IT assets including laptops.

Then, your fixed asset register will also include critical data, such as who is responsible for which assets, where they are, how they’re being used and their current values.

How To Keep Your Fixed Asset Register Accurate


How Do You Log Your Assets?

Logging your assets should be simple as it’s half the asset tracking battle. A fixed asset register works by showing you a log of what your business owns primarily. Not knowing what you own creates risks such as ghost and zombie assets. Then, these risks can translate into lost costs and fines.

If you’re using a spreadsheet for your fixed asset register, auditing will be a lot more difficult and ghost and zombie assets are almost guaranteed. Fundamentally, using only a spreadsheet creates a constantly out of date asset workflow.

Therefore, you should add your assets to a dedicated fixed asset management software. Then, you can have the benefits of a spreadsheet through the ability to export your entire asset register or subsets based on location, owner and/or asset type.


How Does A Fixed Asset Register Save You Time & Money?

How does all of this save you time and money? First of all, a clear log of what you own reduces risks, but it also makes it more difficult to lose assets or purchase duplicates.

Then, the data you add to your assets also saves you money. Part of fixed asset management is lifecycle management. A lot of these operations aren’t physically possible to commence and log in a spreadsheet, so you need a streamlined fixed asset register software.

Using your fixed asset software as check in check out software and maintenance software saves you money as you can monitor asset usage and ensure your assets are running smoothly. This helps you extend your assets’ useful life meaning replacement purchases become more infrequent.

Then, the time-saving benefits come with the ability to use an app and web portal with these features integrated in a way that’s easy to use and user friendly. Don’t forget, time-saving benefits also save your business money as you have time to perform more.


Automating Your Asset Tracking Operations With Software

Automating your fixed asset register is essential. Making changes to asset data when you have the assets in front of you entirely changes the way fixed asset management works. 

In the past, if you noticed an asset fault, you would need to make a note of the fault and send it on to your fixed asset manager who would then log it onto the system. 

There are multiple potential gaps in this system, and this is only for reporting an issue. Imagine the number of changes an asset goes through every day and trying to keep them logged and up to date.

Using a fixed asset tracking app and fixed asset tags revolutionises this process. Now, the way you report an asset fault is simple. Scan the tag, report the issue. It’s finished in three clicks and your administrators get an email notifying them of the fault, and your fixed asset register is updated automatically with this data.


itemit’s Fixed Asset Management Software

itemit’s features make it the best fixed asset management software out there. With the ability to mix and match tracking technologies, including GPS, RFID, QR codes and barcodes, you can create the most accurate, automated, and up-to-date fixed asset register possible.

As itemit is scalable and shareable, you can also reduce the asset tracking load and create a much larger benefit for your company. This is because, with more users, more people can use the system for different things and contribute to an overall, accurate fixed asset register.

In other words, somebody on-site can perform maintenance checks, report issues, and update asset location data. All of this is tidily logged in itemit and visible and exportable as a fixed, IT asset, or general asset register.

itemit is customisable and makes asset tracking quick, simple and effective. To find out more about how itemit can help your business, you can contact the team at team@itemit.com. You can also fill in the form below to start your 14-day free trial.

Fixed Asset Register

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Fixed Asset Management Software: What Are Fixed Assets?

Fixed Asset Management Software: What Are Fixed Assets?

Fixed Asset Management Software: What Are Fixed Assets?

Your business needs to track fixed assets. You need a fixed asset register. Fixed asset management software saves you time and money. But, what are your fixed assets?

There may be clear-cut, defined fixed assets such as your tools and equipment, but there are also fixed assets that may be less clear. You know your business, so you’ll know which assets you use and which asset’s you’re in charge of, so what can a fixed asset be?

fixed RFID asset tracking engineering


What Are Fixed Assets?

To put it simply, you can’t easily attribute a cost to a fixed asset or convert them into cash. This separates them from liquid assets such as a bank account.

This definition is quite broad and expands to furniture, IT assets, buildings, property, plant and equipment. To fine this down, fixed assets are purchased for long-term use and are tangible. Therefore, they’re not consumables or short-term inventory.

This is why you need to track them with a fixed asset management software as opposed to with any inventory management systems. Inventory management systems are great at tracking large scales of inventory and tracking the related numbers but don’t work when it comes to tracking unique, individual assets.

Fixed asset management software lets you log your unique assets, such as plant, property and equipment, as digital profiles and add critical data to these profiles.


All The Things That Can Be Fixed Assets

The definition of fixed assets isn’t exactly restrictive but, counter-intuitively, this is a very, very good thing. Fixed assets are any assets that aren’t easily convertible to cash and that are to be used long-term in your business.

In accountancy terms, these can be expenses such as IT assets like laptops or furniture such as new chairs as you’re able to offset the cost of your tax returns against fixed assets.

Therefore, your fixed assets can be props if you’re working in a theatre, they can be cameras if you’re a production company or hot air balloons if that is your business.

Fixed assets, so long as they’re tangible assets that you don’t sell or convert into cash, can be anything that is used in your business to directly or indirectly generate revenue.


How Does This Translate In Fixed Asset Management Software?

Fixed asset management software needs to be customisable and malleable. This is because your fixed assets can be a wide range of things.

In other words, it’s no good if your fixed asset management software only tracks laptops or only tracks phones. This is too limiting and doesn’t create an accurate picture.

The core of asset tracking software must be the ability to log unique assets and add unique asset information against those assets, such as maintenance dates and location data.

When you’re implementing fixed asset management operations, you need as full and accurate a picture as possible, which is why you need an accurate, up to date and automated fixed asset register.


Using An Automated Fixed Asset Register & Depreciation

When you use the best fixed asset management software on the market, any assets you add to your system are automatically logged into a customisable fixed asset register.

You can add and remove assets from this register on the fly and export smaller reports of, say, a school asset register or IT asset register that contains only that subset of assets.

However, all of your asset data will be pulled into a powerful reporting feature that allows you to view, manage and export your data with ease. 

This includes depreciation information. Part of the difficulty of tracking fixed assets is the fact that they depreciate in value, which adds a layer of tracking complexity. Therefore, you need to be able to track your fixed assets’ lifecycles.

This is why the best fixed asset management software has automated maintenance and reminders features and allows you to view your current, total fixed asset value at a glance and export subsets of this data. You can then see the amount your assets have depreciated month to month and add filters to these reports to manipulate the data.

To find out more about fixed asset management and how asset tracking systems can help save you time and money, you can contact the itemit team at team@itemit.com. You can also fill in the form below to start your 14-day free trial.

Fixed Asset Management Software

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