Externally Augmented Asset Management via Multi-Source Data Integration
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Solution Overview
Problem
Current asset management systems in industries like construction often rely on outdated methods, such as pen and paper or outdated computing systems, leading to inefficiencies and inaccuracies in tracking assets, maintenance, and operational data, which can result in increased costs and reduced operational efficiency.
Innovation Solution
A system and method for externally augmented asset management that combines information from multiple reporting sources, including GNSS receivers, to populate a database, providing a comprehensive and real-time monitoring system for asset location and operation, enabling better maintenance scheduling, theft recovery, and operational optimization.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Measurement precision
If multiple reporting sources are integrated into a centralized database system, then measurement precision and reliability of asset tracking improve, but device complexity increases
Solution Approach 1:
The system divides the asset management functionality into separate modular components: GNSS receivers for location tracking, onboard computers for data collection, communication modules for data transmission, and a centralized database system for information integration. Each module operates independently but contributes to the overall precise asset tracking capability.
Solution Approach 2:
The patent introduces communication satellites and standardized communication protocols as intermediaries between the distributed reporting sources (onboard computers, GNSS receivers) and the centralized database. This intermediary layer simplifies the integration complexity by providing a uniform interface for data exchange between heterogeneous systems.
2Productivity
If real-time monitoring of asset location and operation is implemented using GNSS and multiple reporting sources, then productivity and operational efficiency improve, but use of energy increases
Solution Approach 1:
The system implements periodic reporting where onboard computers and GNSS receivers transmit asset location and operational data at predetermined time intervals rather than continuously. This periodic action maintains real-time monitoring capability while significantly reducing the energy consumption of the reporting devices compared to continuous transmission.
3Loss of information
If comprehensive asset management data is collected and stored in a centralized database, then loss of information is reduced, but device complexity increases
Solution Approach 1:
The centralized database system is designed as a universal platform that handles multiple functions: storing location data from GNSS receivers, operational data from onboard computers, maintenance records, and theft prevention information. This multi-functional database reduces information loss by consolidating all asset management data in a single system while managing complexity through standardized data schemas and interfaces.
Data Source
AI summary
A system for externally augmented asset management is disclosed. According to one embodiment, information from a first reporting source about an asset is received. In addition, information from a second reporting source about the asset is also received. Information from a third reporting source about at least one environmental condition is also received. A database is then populated with the information from the first reporting source, the information from the second reporting source and the third reporting source such that information from the first reporting source, the information from the second reporting source and the third reporting source can be collected or accessed from the database.