Asset Management Blog | Equipment Tracking Blog

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...

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 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.

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.

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...

Once you’ve decided to invest in and implement a new construction equipment fleet management system for your company, the fun begins. During your buying journey your vendor should have provided a comprehensive overview of their implementation process. Buyer beware: if your vendor says “Slap and...

There are a few phases and subphases of the buying journey that begin once you know where you want to go – or once you know what you are looking for. But before you start down this path to identify the best construction technology software for your business, be sure that you have determined the...

When is CONEXPO –CON/AGG 2020? CONEXPO - CON/AGG kicks off on March 10, 2020 and runs through March 14, 2020.

When looking for ways to improve business, Owners and their Management team spend a great deal of time looking at inefficiencies and how to better their operations so that they can make more money. They don’t have to look too hard to find that there is a lot of waste within their equipment...

You probably have already heard or read about the “cautions” of implementing a new technology, but I am not here to be a naysayer. I am here to help you get prepared for what may or may not happen.

When is World of Concrete 2020? World of Concrete kicks off on February 3, 2020 for educational seminars and on February 4, 2020 for exhibits. The show runs until February 7, 2020.

If you are reading this, you are probably on your way to implementing a new technology and want to be able to “show” that it is working. However, you may not be sure where to start or what really “matters” in the grand scheme of things.

As 2019 winds down and you are looking toward a new year with new opportunity, here are some construction industry trends specific to construction technology to watch out for.  

2020 will mark the end of a decade and a fresh start into a new year and period. For the construction industry, many of the challenges wrestled with in 2019 will carry over into 2020. I predict, and many will agree, that these will and there will be a new one to add to the challenges facing the...

It is no secret and it shouldn’t come as a surprise to anyone reading this that construction technology is being released at an exponential rate.  McKinsey reported construction technology as a growth area and startup funding is investing billions in this growing industry.