Return on Investment (ROI) for Asset (Tools) Tracking

Journal Title: Journal of Advanced Research in Embedded System - Year 2018, Vol 5, Issue 3

Abstract

The rapid proliferation of technology is impacting all aspects of the data centric age and spanning the present Industrial Revolution 4.0, especially within the IoT (Internet of Things) domain. It is getting a way trickier to justify and get your project or budget approved by the CFO. The objective of this paper is to demonstrate an ROI method and the process of its computation using a common use case as example. The paper also contains the explanation of a mechanism for computing ROI on deploying an Asset (Tools) Tracking system, and the losses in not having such an Asset tracking system, in an organization, which has tools

Authors and Affiliations

Deepak R Chandran

Keywords

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  • EP ID EP541574
  • DOI 10.24321/2395.3802.201801
  • Views 133
  • Downloads 0

How To Cite

Deepak R Chandran (2018). Return on Investment (ROI) for Asset (Tools) Tracking. Journal of Advanced Research in Embedded System, 5(3), 1-6. https://www.europub.co.uk/articles/-A-541574