Geo IoT solutions not only determine the location of the object being traced but it also traces as for how long the object is there in that particular location and if it is used currently or not thereby making it cost effective and reducing the maintenance cost. It even provides with a deeper understanding of the customers by tracing their current. Geo IoT is being used across various verticals such as retail, aircraft, hospitals, agriculture, and forestry. The products offered by the organization need to address challenges related to localization technology which is one of the biggest challenge for the Geo IoT. Another challenge is the existing technologies are too expensive for the level of precision needed.