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Asset tracking software technology refers to the use of software applications and tools to monitor and manage physical assets efficiently. It provides organizations with a centralized system to track and monitor the location, status, and usage of their assets in real-time. This technology enables businesses to optimize asset utilization, improve operational efficiency, reduce costs, and enhance asset security.
It typically utilizes various technologies such as barcodes, RFID (Radio Frequency Identification), GPS (Global Positioning System), or a combination of these to track assets accurately.
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