Asset Management Blog | Equipment Tracking Blog

According to a Q3 2021 U.S. Chamber of Commerce report, the construction industry faces a worsening labor shortage. An estimated 55% of contractors are experiencing difficulty finding skilled workers. The industry is almost unanimous on forecasting; 93% of contractors believe labor shortage in...

Construction technology is the rainstorm contractors need. Rising costs, worker shortages, and increased demand has created uncertainty for modern construction companies. However, new technology offers solutions.  

For contractors, it’s time to embrace modern construction technology to improve fleet management. Truthfully, it’s been time to do so. What on earth does that even mean?

Other than labor costs, your construction equipment is your company’s biggest investment, with some pieces of heavy machinery costing as much as or even over $500,000.

Do you struggle with too many systems that don’t talk to each other?

Simply put, GPS tracking for heavy equipment is a process by which you to track the location of your heavy equipment using a hardware device that reports GPS position (and in some cases, other telematic data) to a central software platform, typically using cellular technology.

GPS tracking for construction equipment is an extremely useful technology for any construction business. GPS tracking gives you a comprehensive view of your fleet assets. The real value of GPS tracking, however, comes in the insights you get from that comprehensive view. GPS is more than a fun...

In this post we discuss the tracking of physical assets (vs. digital or other types of assets) and are focused specifically on asset tracking for construction.

In today’s world, knowing where something or someone is has become the new norm. From phones that track your location to GPS tracking devices that help track the elderly, tracking technology has moved beyond tracking for just a vehicle or piece of heavy equipment.

As construction equipment is one of a contractor’s highest cost centers, being cost conscious about your equipment utilization and your owning and operating costs is critical. All contractors calculate the total cost of ownership (TCO) a little bit differently, with various expenses to consider.

Look at any job site, and you will see a lot of construction equipment. If you are a contractor on a job, can you see all your equipment, and know what equipment is on your site? Is it working? Is it being utilized? Can you see what’s available to you on other projects or at the yard that you...

At Tenna, we believe that our team is distinct; everyone is obsessed with quality, a desire for continuous learning, enjoys collaborative problem solving, has a grittiness to roll up our sleeves; and in general, is all- around awesome.

In construction businesses, the more transparency you have over your assets (people, equipment, tools), the more margin you can earn, more competitive you will be and more profit you will generate.

What is equipment tracking software?  We get asked this question frequently and wanted to provide information on what equipment tracking software is, how it works, industries that commonly use it and the benefits of using it.

“What are the benefits of a GPS tracker for equipment?” This is one of the most asked questions we get. Not surprising as you weigh your options against other tracking technologies and want to understand the benefits of GPS.

Getting Back to Business While many states in the US are still in the throes of COVID-19, some are reopening and many more are making plans in preparation of reopening.  Contractors are also looking at what they will need to do to return to work and what the new “normal” will be.  We have been...

Based on conversations with our partners at FMI and our customers, we know that contractors are looking for guidance for businesses reopening, resources and ways to navigate COVID-19 while remaining profitable and continuing projects.  While there are some verticals and geographic areas that...

Safety has a major impact on a contractor’s ability to win work. Without a safety record strong enough to meet the requirements in your customer’s RFPs, contractors are inhibited from winning new work, expanding into new territories and generating overall business growth.

There are a variety of different tracker types that are used to track an equipment fleet and when it comes to installation, the tracker’s placement can help with the performance and longevity of the tracker.

We get asked for a “rugged tracker” a lot.  Understandably so, given our customers are contractors and the construction environment is rough.

The mix of digital infrastructure and construction infrastructure spend will put more sectors of workers back to work. Construction and technology. 

As the world is going through the global COVID-19 pandemic every business and every individual has been affected. It has changed how businesses operate and whether they can stay open as “essential” or shut their doors permanently. The pandemic has spiked unemployment and put millions of people...

We know you have been receiving lots of messages and daily (sometimes hourly) reports on how COVID-19 is affecting our country and the world right now.