Ring Power Offers RFID Asset Tracking System

Ring Power, a heavy equipment dealer and services company, has launched ItemAware with Aware Innovations.

ItemAware is a tool and asset tracking system that uses RFID and other technologies to tag tools or other items and pair them with a beacon location (truck, shed, jobsite and more).

The ItemAware app is used to see each item’s location and last-seen status in real time, while clicking on individual items gives the user a detailed history of the item including locations, manufacturer and more.

Tool loss in the utility industry is estimated at 30% annually, a value of approximately $900 million. ItemAware can help reduce that asset bleed by giving fleet managers more control and visibility of assets in real time.