Does Verizon offer the best asset tracking system for your company? Find out by reading our Verizon review
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|Help & Support|
|Reviewed by: Expert Market||01/22/2019|
- Keep tabs on high value equipment
- Access realtime asset data
- Uses Verizon’s expansive wireless network
- Easy to install hardware
- Customer service can be a bit hit and miss
- Not for small assets
Did you know Verizon was recently ranked the top network supplier in Root Metric’s network performance category for the 10th year in a row?
That’s a pretty reassuring feat, considering Verizon’s cloud-based asset tracking system relies heavily on network coverage.
In fact, with more than 98% of the population covered, you can be sure that your assets are always on your radar, whether you’re operating in the city center or in the middle of the country.
Verizon’s asset tracking system will enable you to keep an eye on all of your valuable machinery and equipment – check up on the whereabouts of your assets, log their condition, and evaluate their usage to determine whether you’re getting a good return on your investment.
How does it do it? Well, it all starts with software. Verizon state that their software is ‘powerfully simple’, which is essential when you’re looking to integrate a new system into a large team.
They use their expansive network coverage to ensure all of your large assets remain linked up to the software. And if you happen to be outside of 3G or 4G zones, the asset tracking hardware will remain linked up via GPRS or satellite.
Of course, the system isn’t complete without the hardware. Verizon’s carefully designed hardware is a result of analyzing over one million gigabytes of data every day.
You’ll find all of Verizon’s asset tracking hardware is:
- Factory fitted or AEMP compatible
- Weather resistant
- Equipped with long battery life
- Built for flexible configuration
- 3G, 4G or satellite enabled
So let’s see how some of these main features will benefit your company.
Features and Benefits
Intel Asset Location and History
How much time have you wasted calling around trying to track down an asset? Thanks to Verizon’s GPS technology, you’ll automatically be alerted to nearby assets on your device.
What about how much money you’ve wasted hiring equipment unnecessarily? Use the Verizon app to follow the user journey of your assets and plan your projects accordingly.
Protect Your Assets Against Unauthorized Use
Do you ever worry about leaving your assets onsite at night? Thanks to Verizon’s geofencing technology, you can set a virtual perimeter around your site.
If any of your equipment passes the boundary, you’ll be sent an alert, allowing you to notify the emergency services immediately.
Monitor Asset Condition
Verizon software enables you to log important maintenance and service dates for each piece of equipment. In addition to that, special sensors within the hardware can pick up on temperature change, excessive vibration and door movement, giving you greater insight into machinery use.
Verizon’s asset tracking works as a software as a service (SaaS) system. All that means is you pay Verizon each month to display and store your data using their software and server.
Asset tracking systems are unique to each business’s needs, so it’s impossible to say how much a Verizon package will cost you per month. The best way to find out is to request a free demo from one of their sales reps.
A sales rep will help you work out which hardware you require for your specific business needs. After that, they’ll be able to put a price on how much their hardware will cost you. They’ll then work out a price for the software side of things based on how many employees will use the software, and how many software features you require.
Verizon For Small Businesses
Verizon have designed their asset tracking system with larger machinery in mind. For small companies that hire their bigger bits of machinery, this limitation may make this particular asset tracking package unsuitable.
However, if you do own your own larger machinery, Verizon can make a valuable addition to your small business. For example, their hardware and software package will enable you to keep track of the location and maintenance schedule of your tools, helping you to spend less money in the long run.
How? Think about this scenario.
You want to pitch for a project. You’ve worked out the costs, and you’ve taken into consideration labor and the number of tools you’ll need to hire based on how many of your own tools are logged as ‘available’ or ‘in use’ in the book.
However, what you don’t know is there are a number of tools logged as ‘in use’ that haven’t been logged back in. Because of this error, you’re now going to margin up the hire cost of machinery you don’t need and pass it on to the client, making the price to cover the project more expensive – which could cost you the project.
With Verizon’s GPS asset tracking technology, you know exactly where your equipment is at any time. And because you can log the status of equipment on the software app, you’ll know for sure whether the tool is in use, or not – meaning you’ll never charge more than necessary.
Verizon offers a great asset tracking system for larger machines and equipment. However, those looking to keep track of small assets should probably look elsewhere.
The easy-to-use interface makes it less time-consuming to train your staff on how to use the system, while Verizon’s dedication to developing their hardware means you know you’re investing in one of the most advanced solutions available.
What’s important to note is Verizon is a multi-service company, and having fingers dipped in that many pies will have its consequences. While the company has a healthy portfolio of household name customers, it’s no surprise that some people have found their customer service department to be a bit hit and miss.
If you don’t think Verizon is right for you, read our Tenna Review to find out more about an alternative suppler.