Telematics is an innovative technology driving construction advancements. A telematics system tracks equipment operation, health and location metrics to deliver helpful insights. You can use telematics data to improve operator habits, optimize equipment utilization, prevent risks and increase profits.
Construction equipment telematics technology uses a global positioning system (GPS), cellular networks and sensors to monitor and track equipment. It provides data on equipment performance and health factors such as the following:
Telematics technology can transform your operations. It offers the following advantages.
Telematics technology enhances safety and security on your jobsite by:
Equipment operators are more likely to follow safety practices and guidelines when telematics systems are in place. Monitoring systems record employees' driving habits, which motivates them to focus on and improve their practices.
Heavy equipment telematics technology significantly improves maintenance for the equipment you own. You can use the data a telematics system collects to:
Insightful data and real-time notifications about your equipment enable you to address problems early before they cause further damage.
A construction telematics system can help you identify inefficient fuel practices such as unnecessary acceleration and excessive idling. You can then address these habits with your team, helping them consume less fuel on the job.
Telematics systems can help you improve operational efficiency. You can use data to identify areas of opportunity and take the following actions:
Whether you rent or own equipment, telematics data makes it easy to boost efficiency. For example, you can transport a piece of equipment to other jobsites or shorten its rental period if you notice it going unused on a particular project. You can also track potential maintenance needs and schedule maintenance during non-operational hours to increase equipment uptime.
You can significantly reduce costs and save time with telematics technology. Equipment health data enables you to prevent complications and reduce maintenance expenses. Operational insights help employees reduce fuel costs and complete tasks more efficiently. Using telematics data to your advantage is one of the best ways to increase profits on construction projects.
Provide clients with more accurate cost and completion date estimates. Telematics systems help you track the cost of operating each piece of equipment on particular projects. The data it collects lets you know how much fuel and time you need for certain tasks, helping you predict future project needs and expenses. You can use past data to develop more precise estimates on future projects, resulting in happier clients and an enhanced brand image.
Telematics data may help you gain fuel tax credits and insurance discounts. Many construction companies collect fuel tax credits for operating off-highway equipment. You can use your collected telematics data to help prove that you use your equipment on jobsites rather than roads and highways, increasing your eligibility for tax refunds.
Since telematics systems help support safer operations, insurance companies often offer lower premiums. You may be able to lower your monthly rates if you own equipment with telematics technology.
You can also use telematics data to boost productivity across your jobsites. As you collect insights about equipment utilization, location and idling time, you can pinpoint ways to improve.
For example, moving equipment to a different site during its usual downtime can help your team complete more tasks in a day. Idling time reveals when your equipment is underutilized, letting you know where you can better use it or shorten rental periods.
When renting or purchasing equipment with telematics, it's important to consider the following factors:
Cat® Product Link™ construction telematics systems deliver real-time asset tracking to help you boost productivity, efficiency and safety. With Product Link, you can gather the following metrics about your equipment:
Product Link™ telematics is tailored specifically to Cat equipment, providing deep integration. This integration results in highly accurate, detailed insights.
When you use equipment with Product Link™, you can access data through the technology's user-friendly interface, VisionLink. This comprehensive subscription-based software takes the guesswork out of equipment monitoring so your team can proactively use the collected information.
Purchasing or renting equipment with advanced telematics technology can significantly enhance your operations. Empire Rental carries a wide selection of construction equipment featuring the latest technology. Our team can help you choose the ideal equipment for each application, including options equipped with telematics.
Find an Empire Rental location near you, or submit a quote request to learn more.