Profitability in every construction sector hinges on people, materials and equipment, with data emerging as an equally vital asset. The financial risk and reward associated with managing equipment, along with the operators and crews associated with that fleet, are critical.
Every company strives to maximize up-time and utilization while minimizing maintenance costs and total cost of ownership. Information and connectivity – preferably real-time information and connectivity – are key to taking on these challenges. Unfortunately, many contractors manage the processes that impact equipment utilization and costs independently and they equip their teams accordingly. Collaboration breaks down, and it’s a struggle to keep the field, the office and the shop on the same page. Consequently, contractors have a hard time getting the right asset to the right place at the right time.
Field tracking applications are used to communicate repair requests directly to the maintenance application in real time; this kind of connectivity and access to information opens the door to more process efficiency. Additionally there are related costs associated with underutilization, inefficient scheduling, idle time, confusion about where an asset actually is, hording of equipment on job sites and other management factors.

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