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An Asset Tracking System is a technology-based solution used to monitor, manage, and control physical assets throughout their lifecycle. These assets may include vehicles, machinery, tools, IT equipment, inventory, and other valuable organizational resources. Asset Tracking System is an essential tool for modern organizations that rely on valuable physical resources. It enhances visibility, improves asset utilization, reduces loss and theft, and supports better decision-making through real-time data and analytics. By implementing an effective asset tracking system, businesses can lower operational costs, increase productivity, and maintain better control over their assets throughout their lifecycle.