Enabling asset security and management is a significant global market opportunity. Several factors drive the enormous growth potential of the asset security and management market, including:

Corporations worldwide are seeking to gain greater visibility into their assets in order to increase security, have better control over their cargo, and make better use of their fleets. To address this growing market, Solution Providers have developed Fleet Management Services applications using SkyWave’s DMR satellite terminals and communications services. In North America, enterprises that take advantage of such services realize enormous cost savings through more efficient use of trailers and trucks. In developing countries where there exists a higher risk of theft,  truck fleet operators are able to reduce theft occurrences thereby reducing expenses, allowing for the transport of higher value cargo and often also resulting in reduced insurance rates. In certain countries, the type and rate of crimes have led insurance companies to request that fleet operators purchase an asset security service for each vehicle in order to reduce risk.  In exchange, the fleet operators receive a significant reduction in insurance rates. 

Around the world’s oceans, SkyWave’s products are the foundation of the Ship Security Alert System (SSAS) which has been a requirement of the International Maritime Organization (IMO) since 2004. Port and Ship Security Compliance is serious business. In fact, port and ship security safeguards vary from country to country. The U.S. Coast Guard recently stated it will now board and screen all ships which recently docked in certain countries before allowing them to enter U.S. ports. These measures can trigger extremely costly delays, and perishable cargo can be lost completely. SkyWave’s DMR terminals exceed all applicable tests necessary to meet the IMO’s hardware requirements for the SSAS market. Solution Providers deploy SSAS solutions which enable corporations to ensure compliance to the IMO’s regulations, and the security of their ships, cargo, and crew anywhere in the world.

Supervising and controlling remote fixed assets in the oil and gas, utility, or environmental monitoring industry is a challenge. For example, power sources may be unavailable or difficult to access. Solution Providers integrate the DMR terminal in these applications as its low-power consumption makes it ideal for battery-powered environments. SkyWave’s DMR terminal is also certified to operate in UL913 Class 1 Division 2 environments that are often prevalent in the oil and gas industry. Its rugged, environmentally sealed package allows it to operate in harsh environmental conditions and at extreme temperature ranges.

 
Solution Providers around the world have utilized SkyWave's products and services to develop industry-specific solutions. Are you interested in becoming a partner? Click here.