Oracle IoT Asset Monitoring Cloud Service Overview

Oracle IoT Asset Monitoring Cloud Service creates a digital twin version of your organization and organizational assets, and lets you monitor the location, condition, and utilization of your assets.

Asset management traditionally employs manual techniques. Untraceable assets, asset downtimes, and asset write-offs are common problems associated with traditional asset management systems. A typical manufacturing company, for example, spends 25% of the total operating cost in asset maintenance.

Oracle IoT Asset Monitoring Cloud Service helps improve business productivity and reduce the operational costs and inefficiencies associated with asset management. With Oracle IoT Asset Monitoring Cloud Service, asset locations and asset health conditions are known at all times. Features such as anomaly detection and predictive analytics help you detect and address problem areas in time. You can proactively take asset actions and schedule maintenance and replacements.

Use Oracle IoT Asset Monitoring Cloud Service to:

• Locate Assets Instantly

• Ensure Asset Availability and Utilization

• Prevent Asset Theft and Misplacement

• Reduce Business Process Interruptions and Downtime

• Reduce Capital Expenditures