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A company of any size small or large constitutes some fixed assets.These fixed assets provide value to the company. Moreover, they are considered as pillars of the organization as their deformity can cause many losses to the company/organization and eventually affect the business.

Source: https://www.assetinfinity.com/blog/track-business-assets-in-different-industries

How Important Is It to Track Business Assets in Different Industries? - Asset Infinity

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The construction industry is one of the oldest, growing and active industry in the whole world. As the construction work is related to industrial and commercial but without asset tracking software you may face several problems.
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IT asset management is a procedure of inventorying all of the assets in the organizations which are also correct answer however still not a complete answer!  IT asset management software is more than just making an asset inventory.
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Asset Infinity

Barcode tracking is one of the oldest techniques used for asset tracking. Indeed, it has several benefits and it is very easy to use. The barcode technique is very simple, it allocates a unique series of numbers to the fixed assets inside cafés, restaurants, etc. That number of series empowers the cafés & restaurants to track monitor and manage any fixed asset all through its life.
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It is crucial to analyze how your organization utilizes depreciation. It can be regarded as an important part of the expenses on a company's income statement. The main objective is to maintain accurate bookkeeping records & saving expenses. However, calculating depreciation can be a hectic task.
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