From 'Yellow Iron' assets to pickup trucks, earthworks to paving: TrackOlap serves the construction industry with a range of telematics solutions. Managing complex projects, costs, multiple jobsites, and a range of on-road and off-road equipment fleets - the challenges facing the construction industry get a lot easier with real-time telematics. TrackOlap empowers construction organizations with equipment utilization, maintenance and jobsite data analytics solutions. Collecting data from heavy equipment and other assets is part of the IoT revolution transforming the construction industry. The potential to convert data into business value is driving exponential growth in the uptake of telematics. TrackOlap provides a manufacturer-agnostic platform that connects any asset-empowering forward-looking construction companies to utilize their data to increase productivity, reduce costs, and ultimately achieve a higher level of excellence across their operations. Considering the value of heavy equipments & machinery used in the construction industry, cost of implementing GPS vehicle tracking system is so negligible and the benefits are awesome.
More accurate budgets
Construction companies fail when their budget prediction goes wrong .With the right system, you can obtain a report on all your vehicular and equipment expenses from a single click,which, simplifies your accounting and planning even further. You will have information regarding fuel, labor, maintenance, and other overhead for each vehicle and for your company equipment overall. It makes budgeting much easier and accurate as well. Historical data can be used from previous jobs to create a new estimates. The GPS data can help you estimate fuel use,maintenance costs, and labor costs. All of this tracking is done remotely.
Reduce your operating costs
Just because your construction vehicles are in the right place does not mean that they are being optimally utilized. Fleet used in construction industry consume huge quantities of fuel and if your staffs misuse these equipments through unauthorized usage or excessive idling, results are even worse. Gain complete fleet visibility with real-time data. Monitor planned progress, payloads, cycle times and daily production targets. Lower costs, increase ROI and optimize billing practices-find that extra haul or extra hour in every day.
Recover stolen vehicles/assets
Theft is an inherent risk for any fleet, but more common with construction vehicles. We do know how expensive the equipment/vehicle is, and if it's stolen, apart from loss of a resource, you will still have a lot of issues to deal with. You wouldn't even know how long it will take you to have the vehicle recovered without a lot of hassle. Vehicles with GPS tracking systems are less likely to get stolen, and in the event of a theft, they can be quickly tracked and recovered.
GPS CAN INCREASES PROFITS
When you can avoid repairs, efficiently route vehicles, track driver behavior, and keep records through the GPS you can lower your operating costs , increase companies ROI and save on insurance. GPS is definitely a cost savings and improved safety solution for your construction company. It provides a versatile range of information that can be analyzed in multiple ways to help you keep your equipment running, and keep your employees safe, all while increasing your profits. From cutting fuel cost, to eliminating avoidable repairs, a GPS tracker is a money saver from all angles.
OPTIMIZE ASSET UTILIZATION
Track precise equipment location via GPS , monitor engine hours, mileage/position reports, sensor alerts, use geofences, fuel usage reports, reduce idle time/hoarding and prevent unauthorized use or theft. Driver's habits can also be watched, Identify unsafe operations such as speeding, score drivers and operators based on their performance, and reduce wear and tear on equipment.
IMPROVE PREVENTATIVE MAINTENANCE
Create maintenance logs, track engine hours for scheduled maintenance, plan preventative repairs, identify and prioritize equipment that has been worked hardest, receive maintenance alerts, avoid breakdowns and maximize equipment uptime.