Asset Tracking by Favendo.

Track & Trace anything.

Digital Tracking of Workpiece Flow

Asset tracking allows you to always keep track about the position and utilization of goods, products and equipment. Staff and teams can also be tracked.

Asset tracking is more than tracing goods. Besides reliable management of inventory and manufacturing equipment Favendo’s Asset Tracking System also enables efficient routing, optimized running times and maintenance prediction.

  • Saving time when searching devices
  • Optimized safety stocks
  • Reduced downtimes
  • Real-time stock-taking
  • Theft-protection
  • Maintenance prediction

Favendo provides software, hardware and asset tags, to make processes transparent and to build a bridge between the physical world and the Internet of Things.

For that we focus on robust beacon technology. This technology guarantees also in rough industrial surroundings the best possible positioning. For ambitious and individual solutions: reliable and low-maintenance.

Real-Time Tracking: While up to now conventional RFID solutions for tracing goods were only able to record leaving position A and arriving at position B, in a beacon infrastructure also the way from A to B can be tracked, recorded and analyzed.

With Mobile Asset Tracking you can also track position and route of every asset mobile and in real-time.

Anytime the system can be expanded with a precise indoor navigation to quickly find the way to wanted asset. Guide service teams or external employees without diversion to the searched good.

Extremely low-maintenance: Favendo uses bluloc beacons. The transmitters are extremely durable and suitable for out- and indoor deployment. The robust cases comply with the strict German fire protection regulations and can remotely be maintained and managed.

The concept: Every object equipped with a Bluetooth sensor can be tracked by  because it permanently sends its ID. This signals are received by the Relays/Beacon Tracker and interpreted by the server’s software. The server communicates with every smart device.

Asset Tracking Case Study

Best Practice Case Study: Peninsula Regional Medical Center, Maryland, USA
Organization: 500,000 patients per year, 3,300 employees, 300 beds (2017)
Infrastructure: Wi-Fi network and Wi-Fi tags, 70 temperature sensors for refrigerators and operating rooms. Temperature sensors send data every 15seconds


More about Asset Tracking

To learn more about Asset Tracking, we recommend the white paper “ASSET & PERSON TRACKING FOR INDOOR – APPLICATIONS AND TECHNOLOGIES“, which you can download free of charge. A good source of information is also the  page wich is available in english language, too. Our team is of course also available for interested parties. Contact us at any time on the subject of asset tracking.

(Very) basic priciples of Positioning

Senders transmit radio signals to a receiver. The receiver interprets these signals and determines its position within a given topography. The principles behind that are trilateration and triangulation. The elements referred to – sender, receiver, information about environment – are also found in radio based Asset Tracking solutions. With increasing distance a sent signal loses strength. At a distance of one meter it is strong, at a distance of 40 meters it is accordingly weaker. If at least three controllers receive the signal of an asset it is possible due to the signal strength to exactly determine every point in a room. For example, the asset is 1.8 meters away from controller 1, 2.1 meters from controller 2 and 3.7 meters from controller 3.

Basic Principles of Positioning

Lateration & multi-lateration

This kind of positioning with distance measuring by signal strength is called lateration, the effect of decreasing signal strength, that is utilized here, is called attenuation. When three signal transmitters are involved it is called trilateration, when the number of signal transmitters is even higher it is called multi-lateration.

An additional method to determine a position is triangulation. In opposition to lateration here not only the distances to the signal transmitters but also the angles are used to determine the position of an object. For a two-dimensional identification of a position two angles and one length are needed. With angle – in technical terms “Angle of arrival” (AoA) – it is meant the angle in which the signal meets the receiver. The angle is measured by the delay of the signal (“Time of flight” TOF). TOF measures the time a signal needs to cover the distance between an object and the reference point, the known position of a sender.