Internet of Things (IoT) tracking is the process where IoT technology is used to monitor and take advantage of fixed asset tracking in real time. The process involves connecting assets to the internet for them to be equipped with tags, sensors, and other monitoring devices. These are then used to collect and transmit data which includes their location, status, or other relevant information needed. With IoT tracking, companies will have detailed up-to-date information on their assets. This way, they can optimize resource utilization, boost security measures, and improve efficiency in general through fixed asset tracking.