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 117
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