CONSTRUCTION EQUIPMENT MONITORING SOLUTION

CONSTRUCTION EQUIPMENT MONITORING SOLUTION

INTRODUCTION

The construction business is one of the most rapidly growing sectors in the world. However, the issue that concerns businessess is equipment theft that requires smart actions to prevent. Teltonika Mobility prepared a two-fold solution for the monitoring and management of equipment.

CHALLENGE

Increasing investment in infrastructure projects and the demand for equipment is driving the construction equipment market forward. It is expected to reach $250.4 billion by 2026 from $208.3 billion in 2021 at a CAGR of 3.8% during the forecast period.

The sector continues to grow yet the problems faced by businesses owners doesn’t go away. Construction equipment theft is prominent everywhere, as annual losses resulting from these issues accounts for over $1 billion in the USA, over €1,5 billion in European countries and around $650 million in Australia.

Since expensive tools and equipment may be left out in the open at the construction sites unmonitored, this is a very low-risk and high-rewarding job for thieves. Some of the equipment cost as much as 150.000 EUR. Backhoes are somewhere in between of 40.000 EUR to 60.000 EUR, while the price of a generator unit varies from from 25.000 EUR to 150.000 EU. Considering the fact that only less than 25% of stolen equipment is recovered annually, the issue of theft needs to be addressed seriously.

Direct costs of replacing stolen equipment are one of the few concerns construction companies have to deal with. The project delays, wasted man-hours, and increased expenditures on rental equipment and insurance are among the key indirect costs that emerge after the theft.

Fortunately, these losses can be prevented with a Teltonika Mobility solution revolving around Asset Tracker EASY (TAT100). Bulldozers, graders, scrapers, backhoes, excavators and their buckets cranes, power generators and other tools can be protected with our tracker in place.

SOLUTION

Let’s say you are a business owner who seeks to have a full monitoring solution of its construction equipment. Whether it is a power or non-powered asset, the tracker can be seamlessly mounted on any tools and sustain extreme weather conditions thanks to the IP68-certified enclosure.

You feel safe because whenever you want to know the location of his assets, you can do it via a convenient online platform

Equipped with internal high-gain GNSS antennas, TAT100 sends information about equipment in real-time, depending on the settings chosen. Thus, if your tool leaves the designated site, alarm would be instantly delivered to the online tracking platform and one would be able to act quickly if the equipment is stolen.

BENEFITS

Featured product Asset Tracker Easy

Unit is perfect for valuable goods tracking, wire reels, tools, construction equipment, containers, wagons, scissor lifts and many other non-powered assets.

battery-life

Internal battery which could send up to 1000 Records!

easy-to-install

Robust, small and easy to install

waterproof

Water and dust resistant for outdoor integrations (IP68)

ota

Location-based service tracking

synchronized-records

Periodic reports and weekly scheduler. Track on spot & in motion

mounting

4 mounting options