Construction equipment tracking solutions use IoT-enabled outdoor tracking sensors, usually GPS, to monitor the location and usage of heavy construction equipment in real-time to prevent theft and allow managers to optimize equipment utilization and improve operational efficiency.
The location of equipment isn’t a heavily-considered problem until it’s not where you expect it, the National Equipment Register (NER) estimates that $300 million to $1 billion in construction equipment is stolen every year in the United States.
Construction equipment is often left on unsecured sites overnight and, unlike cars, isn’t registered in any national database. Thieves are at a lower risk of being caught after-the-fact.
IoT-enabled construction equipment tracking solutions tag individual pieces of equipment and track their location in real-time, allowing construction managers to easily inventory equipment at the beginning or end of shifts, or check in on equipment when they’re not on-site. The devices used to broadcast location are typically agnostic to the type of equipment they are used on and can help upgrade existing equipment, rather than requiring the purchase of new machinery.
Managers are not only able to ensure the security of their equipment, preventing potential loss or damage, but they’re also able to monitor equipment usage and historical location data to see operational bottlenecks and remove equipment that is no longer necessary, ensuring that nothing is left behind when a job has been completed.
Key Benefits of IoT-Enabled Construction Equipment Tracking
- Monitor equipment status and utilization to see what equipment is being underutilized and which ones are in high demand, allowing managers to only add additional tools when it’s necessary.
- Track equipment in real-time and see historical location data to prevent loss and to find missing equipment, so you always know where a piece of equipment is when you need it.
- Receive a real-time notification if equipment leaves a job site unexpectedly, whether or not anyone’s on-site to ring the alarm.
- Monitor actual engine run-time to optimize predictive maintenance schedules and to improve the accuracy of billing.