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Geofence Your Assets for Loss Prevention and Movement Coordination

High dollar, heavy assets like backhoes, trailers, shipping containers, haulers, hardware and tractors can be tempting targets. It’s a rare county where items like these haven’t ever been “misdirected” for a weekend of private work. Even in the most honest situations, it costs a lot to move some of this equipment around. Geofencing – ensuring that your assets are within the designated area where they belong, all the time, is a smart move.

Whether urban or rural, damage and loss can be a major cost for government entities. Geofencing with alerts can ensure that taxpayer property stays put and no one unauthorized or unskilled is using it.

CompassCom also provides notifications and message suggestions along with its real-time geo-fence alerts; i.e., “keep radio contact” or “police escort required” – so if a public utility worker, for instance, goes into a neighborhood that is pre-determined to be dangerous, dispatch will know immediately and be able to take the right action with appropriate reminders from the system.

CompassCom can provide AVL geofencing that includes vehicles in the reports and real-time and historical display. We can also work with Machine-to-Machine (M2M) technology that is not so complete but provides a regular “ping” from assets to your geofence monitor via satellite technology.

Consider the Cost

The price of a major asset such as a backhoe or driller can run into the hundreds of thousands of dollars. Preventing the theft of a single item such as a $300,000 backhoe would pay for an entire fleet management program.