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News < Back Sarbanes Oxley : Technology : Asset Tracking Tracking Every Asset Under Sun
The Sun RFID asset tracking solution enables organizations to more effectively manage their physical assets, keep an effective inventory of exactly what assets they own and determine how those assets are used throughout their life cycles, from beginning to end. Asset tracking is increasingly becoming a more important issue as companies try to get a better handle on the status and location of their critical assets and inventories. Companies are looking to reduce operating costs by implementing improved asset tracking to decrease shrinkage, lower maintenance costs, and optimize asset utilization. The Sun solution leverages RFID technology to determine the real-time location of critical assets and issue an alert when an asset is not in its designated location. In addition, the solution allows managers to effectively analyze and plan asset utilization and deployment. ?Sun is responding to the growing customer demand for improved physical asset tracking of non-networked assets, which are not presently trackable with traditional network based asset management systems. We believe the Sun RFID Industry Solution for Physical Asset Tracking will help businesses to improve asset utilization and visibility while also reducing the time, effort and expense of locating misplaced assets,? said Vijay Sarathy, director, RFID product marketing and strategy at Sun. ?With our recent acquisition of SeeBeyond, we look forward to enhancing the offering by providing a development environment from which to build and deploy process-centric applications that maximize the vast amount of information available from the asset tracking solution. Through these new composite applications, organizations can alter their business processes to bring new efficiencies not previously possible, which may result in accelerated ROI.? The Sun RFID Industry Solution for Physical Asset Tracking has already been deployed internally at two locations -- the Sun Shared Lab Facility in Newark, CA and the Sun Tradeshow Equipment Distribution Center in Milpitas, CA. It is now available to external customers. In the Sun Newark Shared Lab Project, Sun plans to maintain 10,000+ servers and computing devices within a 6,000 square foot facility. Sun can verify the location and physical characteristics (type, age, expiration date, temperature and movements) of all assets at the facility in one hour, without the need of a network connection. For each piece of equipment, Sun can now track the association of that asset to a rack footprint, section, room, building and campus. With the ability to perform full weekly inventories in under an hour, Sun now gets more accurate information on a weekly basis versus what was acquired through an annual physical inventory, which was completed manually by numerous people via an outside vendor. In addition, management now has a view into the assets they have, how they are allocated, and can avoid duplicate or unneeded hardware purchases. The Sun Tradeshow Equipment Distribution Center manages several thousand assets deployed across the globe for Sun and partner events and tradeshows. Several times a week, shipments of various sizes are shipped from the 5,000 square foot Milpitas warehouse to local and international events. At any time, the location and status of each asset must be available and any errors (such as equipment missing from a shipment) must be reported immediately. Using RFID to track and manage the assets will result in considerable labor savings and error reduction recording the asset moves and can reduce equipment loss by providing instant notification when assets are missing. The Sun RFID Industry Solution for Asset Tracking is a unique combination of Sun technologies and product components including: Solaris(TM) 10 Operating System, Sun Java(TM) Enterprise System and Sun Java System RFID Software. The solution is packaged with third-party components and applications, such as the RFID-enabled mobile asset management system from Applied Logistics Solutions and is capable of working with many of the commonly available RFID readers, including the Intermec IF5 intelligent reader and Intelleflex ultra-long-range battery-assisted semi-passive RFID tags and readers. ?We are excited about the opportunity to be partnering with Sun in the delivery of asset management solutions that leverage the unique capabilities of RFID technology and the strength of Sun?s hardware, operating system and RFID software to provide customers with the performance, scalability and visibility to assets that today?s business environments demand,? said Tim Harvie, president, Applied Logistics Solutions. ?Our applications, as a component of the Sun RFID Industry Solution for Asset Tracking, allow Sun?s customers to more effectively manage and utilize assets in ways previously unattainable and at a much lower cost.? ?We are very pleased with Sun's leadership in demonstrating comprehensive and complete asset tracking solutions. Currently, customers who need to perform periodic audits of their assets for better utilization and preventive maintenance have to choose between a manual auditing process requiring walk-throughs with mobile barcode or passive RFID readers and expensive active RFID tag solutions. We at Intelleflex are excited to introduce what we believe is ?the best of both worlds? - a semi-passive battery-assisted long-range tag and reader solution, enabling customers to increase their ROI by cost-effectively monitoring their high-value assets and providing real-time visibility into utilization of their assets through the Internet,? said Ashish Asthana, vice president of marketing and product strategy, Intelleflex. The large user-defined memory on the tags allows for storing the critical maintenance record (or custody chain) of an asset, which travels with the asset and is transmitted up through the reader to the enterprise applications. In addition to providing better operational efficiencies through improved asset utilization, Intelleflex?s hardware platform provides CFOs with the tools for financial auditing and reporting, including better compliance with Sarbanes-Oxley.?. "The Gen 2 RFID technology now emerging offers companies solid opportunities for improving supply chain business systems," said Mike Wills, RFID vice president Intermec. "RFID offers a quantum leap in the ability to track critical assets, and Intermec is pleased to collaborate with Sun to bring this capability to companies worldwide." The Sun RFID asset tracking solution provides customers with specific, RFID-enabled mobile asset management features such as: ? Real-time visibility and audit trail of asset movements and maintenance records ? Maintenance and management of asset configurations and product master ? Active monitoring of asset movements and utilization against activity plans ? Management dashboard and reports on asset utilization statistics and key performance indicators ? Integrated control and management of RFID infrastructure health ? User-friendly, browser-based user interface and handheld clients Sun's RFID system strategy includes: Sun Java System RFID Software, Sun Java System RFID Tag and Ship Solution, RFID industry solutions, global RFID test centers, Sun hardware and storage technology, global client services, and third-party alliances. With the recent acquisition of SeeBeyond, resulting in the addition of the Java Integration Suite to the Java Enterprise System, Sun has a complete and unmatched portfolio of building blocks to create comprehensive RFID solutions. Sun Java System RFID Software is optimized for the Solaris Operating System and is also available on Linux. A singular vision -- "The Network Is The Computer" -- guides Sun in the development of technologies that power the world's most important markets. Sun's philosophy of sharing innovation and building communities is at the forefront of the next wave of computing: the Participation Age. For more information visit www.sun.com 
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