Geotab Inc. introduces its innovative asset tracker, Geotab GO Anywhere. This groundbreaking hardware solution is set to revolutionize asset management in various sectors, including transportation, shipping, mining, construction, and government. The need for efficient asset management is critical, as industries face substantial financial losses due to underutilization and theft of equipment, with construction companies alone losing an estimated $300 million to $1 billion annually.

GO Anywhere is designed to combat these challenges by offering a fully integrated solution with MyGeotab®, allowing businesses to view all assets and vehicles on a single platform. Its rugged build, extended battery life, and easy installation make it suitable for diverse industry applications. This solution not only aids in tracking and managing valuable assets but also plays a pivotal role in cost management and enhancing utilization.

Sabina Martin, VP of Product Management at Geotab, highlights the importance of this launch, especially in times of increasing economic pressures where cost-control is paramount. With industries suffering from immense losses due to downtime, which can range from $2,300 to $9,000 per minute, and a notable lack of effective asset tracking structures, the Geotab GO Anywhere asset tracker emerges as a crucial tool. It ensures improved monitoring and strategic deployment of both powered and non-powered assets, turning potential financial losses into opportunities for savings and productivity improvements.

For businesses aiming to address the significant financial impact of lost or underutilized assets, Geotab GO Anywhere presents itself as a cost-saving opportunity that can transform operations. This advancement in asset tracking technology is a testament to Geotab’s commitment to innovation and its continuous efforts to empower businesses with efficient, effective solutions.

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