GE Equipment Services expands Asset Intelligence network

user-gravatar

The Asset Intelligence unit of GE’s Equipment Services business, a global provider of supply chain solutions, is expanding the capabilities of its data platform for tracking and monitoring transportation assets and shipments. GE says this continues the company’s efforts to enter all major modes of the global supply chain in 2006.

“This year we will add further capabilities to our VeriWise trailer solutions suite and bring to market solutions for the rail and domestic and international intermodal markets,” says Thomas Konditi, president and chief executive officer of GE’s Asset Intelligence unit, based in Barrington, Ill. “Beyond location data, we will provide greater insight on asset status and cargo condition on the global railroads — essential elements of the shipment.”

Asset Intelligence recently entered into a partnership with Globalstar LLC to access its LEO satellite network and provide more comprehensive global coverage. “Our use of Globalstar increases the flexibility of our asset management solutions and will help us expand our operating platform to support applications beyond GE VeriWise, our suite of services for over-the-road trailers, to the rail and intermodal market sectors,” says Konditi. Asset Intelligence uses Orbcomm low Earth-orbiting (LEO) satellite systems for its asset tracking and monitoring services.

“Our intent is to bring the complete environment surrounding freight shipment into sharp focus,” Konditi says. “Highly accurate and timely information about assets and freight has just not been possible using the current generation of transportation assets. We need to help our customers increase productivity, reduce costs and meet global security and regulatory requirements. You should expect to see integrated GE solutions along the entire supply chain.”