How Does the Health Sector Use Hospital Equipment Maintenance Software?

hospital equipment maintenance softwareUsing Hospital Equipment Maintenance Software to Address Healthcare Challenges

Healthcare facilities struggle when connecting two different types of information – inventory management data with procedural data. It is not an easy task. With a large quantity of expensive and sensitive equipment involved, healthcare sector tends to spend a substantial amount of money on hospital equipment maintenance. The global healthcare market for asset management is predicted to expand to USD 29,603 Million by 2020. The leading causes for this growth include rising concerns for safety measures in the hospital industry.

As the number of patients increases every year, the healthcare sector is forced to find more effective mechanisms to handle hospital workflows. Major factors pushing this trend include the need for eliminating excess in costs, increased reliance on technology and improved staff productivity. To attain these objectives, the health sector prefers all-in-one cloud-based solution packages for inventory control. Continue reading

How Asset Tracking Software Reads Across 5 Different Industries

5 asset tracking software industriesAsset tracking software and its application in different industries

Asset management is a process that involves maintaining and monitoring assets of a business. Companies have both tangible assets and intangible assets and asset tracking can be applied to tangible assets like company cars, equipment, land, buildings, inventory, cash at bank, cash in hand and even to intangible assets like computerized databases, website, software, domain names, patent technology and brand.

Asset management includes reliability checking, tracking leased and rented assets, performing predictive and preventive maintenance, retrieving and assigning assets together along with business intelligence and analytical features. It enables you to track and record the life cycle of an asset: upgrading, maintaining, operating, deploying and finally disposing of an asset. As soon as the asset is deployed, asset tracking software keeps a record of all its maintenance events and allows an organization to perform regular audits till the asset actually retires.

Asset tracking software can be used by a multitude of businesses and industries like healthcare, IT, education, hospitality, media, nonprofit, government agencies, and many others. You’re familiar with some of the general functions of asset tracking software but how does it read across different industries? Different industries mold and utilize this software according to their functionalities and operations. Below we have enlisted five industries that make use of asset tracking software while promoting efficiency and accuracy in their businesses. Continue reading