What is geofencing? A geofence is a virtual perimeter on a geographic area using a location-based service, so that when the geofencing device enters or exits the area a notification is generated. The notification can contain information about the location of the device... - Wikipedia
The Absolute geofencing feature allows IT asset managers to incorporate the physical location of a device into their IT Asset Management strategy. If any device goes outside a pre-set perimeter and stays outside that perimeter for a set period of time, customers would be notified, allowing for a fast response to any suspicious activities, including remotely deleting data and/or reporting the device as stolen.
"By adding geofencing, our customers know sooner when mobile devices may be out of their control, so they can quickly protect the security of those devices." - John Livingston, CEO of Absolute