GPS Time for an asset or event refers to the date and time that the asset most recently changed location, as identified by the VeriWise system.
Assets update their GPS Time using the Event Time of any event with movement greater than 1/16th mile from the previous location for the asset. If an asset has not moved greater than 1/16th mile from its previous position, it is assigned a GPS Time that is backdated to the most recent event time with movement of greater than 1/16th mile.