System and method for defining areas of interest and modifying asset monitoring in relation thereto

System and method for defining areas of interest and modifying asset monitoring in relation thereto

System and method for tracking assets comprises determining if an asset is inside a geofence area, using a first set of asset monitoring parameters to monitor operation of the asset, if the asset is inside the geofence area, and using a second set of asset monitoring parameters to monitor operation...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: CAPPS ERIC, FOLLMER TODD, MCCLELLAN SCOTT
Format: Patent
Sprache:eng
Schlagworte:
ALARM SYSTEMS
ELECTRIC COMMUNICATION TECHNIQUE
ELECTRICITY
ORDER TELEGRAPHS
PHYSICS
SIGNALLING
SIGNALLING OR CALLING SYSTEMS
TRAFFIC CONTROL SYSTEMS
WIRELESS COMMUNICATIONS NETWORKS
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Beschreibung
Zusammenfassung:System and method for tracking assets comprises determining if an asset is inside a geofence area, using a first set of asset monitoring parameters to monitor operation of the asset, if the asset is inside the geofence area, and using a second set of asset monitoring parameters to monitor operation of the asset, if the asset is outside the geofence area. The invention further comprises a system and method for providing one or more competitors with an asset tracking device, wherein the asset tracking device allows each competitor's location to be monitored, defining one or more geofence areas on a racetrack, and detecting when the competitors enter a designated geofence area.