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Best Asset Tracking Companies

January 3, 2019

1:32 pm

Any business with movable tangible assets, such as construction tools, heavy machinery, or other valuable or rentable equipment, should know where they are at all times. There’s just one software for the job: The GPS-based asset tracking system.

With one, an operation can manage all its assets from one central dashboard, tracking not just geographic location but also any unauthorized use, upcoming maintenance, total engine hours, travel times, and more, as applies to your assets.

If your business needs to adopt a cost-effective and worthwhile tracking system for its high-value assets, you’ve come to the right place. Tech.Co’s guide to the best asset tracking companies will walk you through the top options, explaining what features each system offers and comparing what makes each most appealing to customers.


Best Asset Tracking Companies

Here, we’ve rounded up the best asset tracking companies, listing the key features, pros and cons of each. Just scroll through or click on each title below to jump directly to the asset tracking company that might serve your business the best.

The Best Asset Tracking Companies include:


Verizon Connect

Verizon Connect is one of the biggest names in asset tracking systems and telemetrics in general. It has offices around the globe, so the locality of support won’t be a concern, and nor will the size of your operation. Their tracking system keeps managers up to date on asset location, status and much more in real time, whether from the main dashboard on desktop, the mobile app, or the notifications managers can receive on either device.

verizon connect asset being trackedverizon connect software from the best asset tracking company

  • Location tracking
  • Current status
  • Engine hours
  • Historical data
  • Tagging system for easy filtering/searching
  • Maintenance tracking and alerts
  • Fuel tracking
  • Mobile app
  • Geofencing alerts

This asset tracking system also includes all the hardware units you’ll need, bundled into the main service package. It’s a well-supported option for operations in need of a simplified but feature-rich asset tracking system that comes with the stamp of approval from tens of thousands of businesses around the world.

Verizon Connect offer both fleet management and asset tracking – read our full review for more.


Samsara

Samsara is another huge international name in asset tracking. With Samsara, every step of an operation’s daily tasks are streamlined, from travel times to on-site usage to the billable hours that go into a final report. Reports are generated automatically, and cover topics including asset dormancy, detention and utilization. Alerts keep managers aware not just of geofencing violations, but also of whenever a powered asset is turned on or off, and what its total engine hours are for each use, allowing managers to keep tabs on their asset’s authorized usage.
samsara asset trackers powered and unpoweredsamsara second best asset tracking company software

  • Location tracking
  • Geofencing alerts
  • Engine hours or mileage tracking
  • Historical data
  • Maintenance tracking and alerts
  • Inventory reporting
  • Reporting and analysis
  • Mobile app

Samsara offers two hardware units: A 6-by-4.1-inch unit for powered assets and a 4.4-by-2.8-inch unit for non-powered. The system is a good choice for anyone interested in an asset tracking company that focuses on data reporting and proactive notifications.

Samsara offer both fleet management and asset tracking – find out if they’re the best choice for your business with our 2019 review.


Asset Panda

Flexibility is a big perk inherent to the Asset Panda tracking system, which lets users customize their dashboards and offers integrations including G Suite, ConnectWise, and Zendesk. In addition to the standard GPS tracking, Asset Panda supports barcode-scanning, which users can do from their phone via the free mobile app. Reports can be also customized and emailed or downloaded as PDF or CSV files, and security settings can be set according to users’ roles or locations.
asset panda top asset tracking company

  • Location tracking
  • Purchase/Lease information
  • Maintenance tracking and alerts
  • Asset photo tagging
  • Insurance tracking
  • Reporting and analysis
  • Work orders
  • Barcoding
  • Mobile app

Asset Panda is an asset tracking company with a high-quality, feature-packed service. It’s currently tracking assets around the world that together have a total worth that tops $2 billion. They’re a solid choice for operations in need of an adaptive and easy-to-integrate solution.

If you’re interested, keep reading up on the core features, pricing details, and support team Asset Panda offers in our full 2019 review.


Tenna

Tenna’s consolidated asset tracking platform gathers and displays data from its GPS bluetooth devices located in every asset your business owns. It tracks a broad range of assets, from fleets and tools to mid-sized equipment and heavy machinery. The software includes maintenance tracking, geofencing capabilities, and simplified work order creation. One unique perk of the software is the Tenna Marketplace, which lets users search locally for assets to rent or buy.

tenna asset trackertenna asset tracking company demo

  • Location tracking
  • Maintenance tracking and alerts
  • Mobile app
  • Historical data
  • Geofencing alerts
  • Custom fields
  • Work orders
  • Local marketplace

Tenna is a good choice for businesses with a diverse or widespread operation, since it offers an easy way to keep track of all your fleets, tools, and machinery within one display. It’s particularly popular among oil and gas, construction, and landscaping companies.


Hilti

Hilti’s asset management system, called “ON!Track,” keeps track of all documents related to assets in addition to the asset information itself. Contractors can keep their certifications and service histories ready at a moment’s notice. The software system is charged on a monthly per-asset basis, allowing for unlimited users, so everyone can stay in the know. And, don’t worry, there are security features for those unlimited users: Access can be limited depending on users’ roles.

hilti asset tracking company software on desktop and laptophilti asset trackers

  • Location tracking
  • Maintenance tracking and alerts
  • Calibration management
  • Training and certification verification
  • Barcoding
  • Service history
  • Mobile app

 

Hilti is a strong offering for those hoping to keep all their paperwork centralized and backed up in digital copies. The software tracks and logs health and safety certifications, tax information, training schedules, barcodes, service histories, and even rental equipment return dates. If your current process is too disjointed or consists of reams of physical files, Hilti might be for you.


Azuga

Azuga’s asset tracking system is one of the best for sheer granular detail, particularly when it comes to movable assets. Managers can set up and receive real-time notifications when an asset begins moving, stops for a lengthy duration, or leaves a geofenced region. Reports can be automatically assembled from a job, allowing bills to be itemized down to every hour of asset use. azuga asset trackerazuga asset tracking company software

  • Location tracking
  • Historical data
  • Geofencing alerts
  • In-motion alerts
  • Activity and use tracking
  • Data reporting

Azuga’s two-pound long-life cellular and GPS hardware units are impressive. Each one comes with motion detectors and detailed historical activity reports, is rugged enough to withstand harsh weather, humidity, and temperatures, and has a battery life of up to five years. The service is a great choice for operations with plenty of movable assets that are often on the road.

Azuga offer fleet management in addition to asset management – review the pros and cons of choosing Azuga in our 2019 review.


CloudHawk

The CloudHawk asset tracking system tracks location and engine hours. It also monitors engine idle times and total run hours, making it easier to identify and address any potential poor operating habits or unauthorized use. Alerts can be fine-tuned to notify managers about the most essential issues when needed. The detailed status reports help streamline operations and increase the accuracy of customer invoicing.
cloudhawk asset tracking company software

  • Location tracking
  • Engine hours
  • Run time tracking
  • Idle times tracking
  • Historical data
  • Status reports
  • Customizable alerts

CloudHawk’s plug-and-play hardware is simple and easy to install, though they also offer hardwired units that require a trained installer. Ruggedized external units are available for assets that will see harsh weather. It’s a good asset tracking system that allows managers to remain in operational control and focus on risk minimization and cost-effectiveness.


ATTI

ATTI’s asset tracking system also works with ATTI’s fleet management system letting an operation track their fleet through the same software as their assets. Historical data can be stored for up to a year, making insurance claims or verification processes easy. Alerts can be sent for upcoming maintenance, and to notify managers of unauthorized use. ATTI asset tracking companyATTI asset tracker

  • Location tracking
  • Historical data
  • Driver behavior reporting
  • Maintenance tracking and alerts
  • Usage alerts
  • Idle time tracking
  • Mobile app

While ATTI doesn’t offer data as granular as many other asset trackers in this guide, it’s a good choice for companies that need to regularly monitor heavy equipment including trailers, generators or other large storage containers. Plus those who may need to monitor fleets of commercial vehicles as well.


Wasp AssetCloud

The Wasp AssetCloud tracking software is aimed at tracking fixed assets. Billed as an easy-to-use option, it offers features including better auditing, a quicker check-in/check-out system, and streamlined, accurate reporting. A consolidating “multi-quantity” asset tracking feature lets you track the quantity of your identical items without creating a new entry for each one. Wasp AssetCloud offers both cloud-based and on-premise solutions, with a flat rate for an unlimited number of assets, users, and PCs with access to the system.

Wasp AssetCloud asset tracking system

  • Custom reports
  • Report scheduling
  • Depreciation tracking
  • Usage alerts
  • Contract/license management
  • Maintenance management
  • Label printing
  • Mobile app

Wasp AssetCloud offers phone, email and live chat support at all tiers. The service won’t be an option for movable assets, but it should be great for warehouses and inventory-heavy businesses that need strong reporting and auditing abilities in addition to simply tracking their assets.


Compare Asset Tracking System Prices

Some tracking services offer more data at a higher price, while others may be more cost-effective by focusing on a specific industry or limiting unneeded functionality. Whatever the case, the cost of adopting a new asset tracking system is likely one of the first thing’s on an owner or manager’s mind.

Once you’ve narrowed down your shortlist to only the best asset tracking companies, it’s time to start collecting unique quotes that can explain just how much your operation will be paying, whether its per asset or per user. That next step is also the quickest: Just take a minute to fill out Tech.Co’s asset tracking quotes form, and you’ll soon be able to compare quotes from the top vendors.

Compare asset tracking prices from the top companies today

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Adam is a writer at Tech.co and has worked as a tech writer, blogger and copy editor for the last decade. He's also a Forbes Contributor on the publishing industry (and Digital Book World 2018 award finalist) and has appeared in publications including Popular Mechanics and IDG Connect. When not glued to TechMeme, he loves obsessing over 1970s sci-fi art.