Advantages of Heavy Equipment Monitoring in Construction Industry
Let’s observe some of the significance that can be achieved with the usage of heavy equipment monitoring in the construction industry.
1. Asset Allocation
One of the most significant advantages would be the optimal asset allocation after proper heavy vehicle monitoring. Suppose you have multiple construction contracts, and you are using several machines on distant sites. It will be very difficult to get the exact status of each machine.
However, if you use the IoT monitoring service, you will be able to remotely check each machine’s status with the help of IoT monitoring. That’s why it is the right time to go for the heavy equipment monitoring to check where your machinery is and how well it is being used on site.
In addition, you can easily observe the geographic locations through a heavy equipment monitoring solution. Thus, you can easily pull out all the idle machines from one site and deploy them at another site.
2. Maintenance & Repair Schedules
The advanced monitoring solutions will make you able to set multiple reminders regarding the maintenance schedules because they keep recording the machine’s operational time and the specific conditions of the machines; thus, they won’t let your machines suddenly shut down due to failure and poor maintenance scheduling.
The heavy equipment monitoring solution adopts global positioning (GPS) or Bluetooth Beacon to establish geo-fence. By using it, you can set up a virtual barrier to control and track vehicles. Once the specific vehicles enter (or exit) the virtual barrier, the administrator will receive a text message, email alert, or app notification so as to standardize equipment operations.
4. Operator Performance
By remotely monitoring equipment performance, you can obtain insight into underutilized crews. Sensors and telematics are built-in heavy equipment monitoring systems to help locate crews and relocate them when needed. More on, you can capture the working hours remotely and automatically so that you can better analyze and optimize operators’ behavior to coach drivers and motivate them toward better performance. That’s how you get the optimal performance even from your limited machinery and human resources too.
5. Reduce Fuel Consumption
Fuel consumption costs over 60% of the total operations cost of heavy equipment. If you begin to monitor your machinery’s operations, you can easily reduce your average fuel consumption. The monitor will send you detailed information regarding the fuel consumption of specific vehicles, so you can arrange and schedule your equipment in a better way to obtain the maximum benefits from reducing fuel consumption.
6. Job Estimates
Such digital monitoring solutions can generate a digital log of the overall data during a whole contract. It assists you in calculating the overall cost of a specific job by specific data. Later, you can easily estimate the cost of a similar job to increase customer billing accuracy and ensure accurate, timely payroll.
7. Improve Productivity
The difficulty in cutting heavy equipment operating cost stems from the fact that the majority of cost variables are outside of control. One of the few measures a business owner can take to reduce heavy equipment operating expenses is adopting heavy equipment monitoring solution. IIoT makes it possible to offer a heavy equipment monitoring solution that provides an all-encompassing solution for vehicles, drivers, and assets from the above sectors.
8. Reduce Operating Cost
The ultimate result of having a heavy equipment monitoring solution comes down to generate a bigger gain. Overall, a few areas where a heavy equipment operation can cut costs can be discussed below:
- Reduce fuel consumption to improve energy efficiency.
- Predictive maintenance to reduce maintenance costs of unplanned downtime.
- Decreasing operator inefficiency to increase productivity.