3 Reasons to Start Using Actionable Fleet Technology Data

Fleet technology, including video telematics and IoT devices, can help increase a construction contractor's revenue and advance efficiencies to improve the fleet’s bottom line.

How Construction Fleet Telematic Data Can Increase Revenue and Efficiencies
EROAD Inc.

Fleet technology, including video telematics and IoT devices, is essential for fleet and operations managers to create business efficiency, make strategic decisions and prioritize safety within the team culture, especially when it comes to construction. Taking that a step further, when integrated into a larger technology environment, they can help increase revenue and advance efficiencies to improve a fleet’s bottom line.

Despite these impressive benefits, construction contractors and ready-mix producers are in the late majority of fleet tech adoption. In fact, when it comes to telematics specifically, a recent survey showed that while 86% of construction companies use telematics, only 23% use that data to inform their decision-making. When fleet managers choose to adopt and optimize these innovative solutions, the benefits become clear.

Encouraging Safety Culture With Fleet Technology

On construction sites, video telematics have the ability to increase jobsite safety, decrease theft, and protect drivers in the event of an accident through both video monitoring and safety coaching. According to OSHA, in 2019 the construction industry accounted for approximately 20% of all on-the-job fatalities.

That said, fleet managers can help combat these safety hazards by utilizing videos from the jobsite and in vehicles for real-time coaching opportunities once any unsafe behavior is observed, as well as a way to reward safe driving and on-site behavior. Maintaining a culture that prioritizes safety on the jobsite and the road helps protect employees should an accident occur and protects employers from potential legal disputes.

More on Telematics From ForConstructionPros.com

Telematics Solution Manages Both Equipment and Operators - The Earthwave Technologies telematics system focuses on measuring operators not just equipment usage.

Best Practices for Telematics Installations - Reasons contractors see failure with telematics adoptions and the right ways to build buy-in from the field to ensure success (from contractors who have done it first-hand).

John Deere Discusses How Construction Telematics Technology and Connectivity is Changing - John Deere is providing solutions to help customers enhance data and productivity.

Coretex's Dean Marris Talks IoT Opportunities for Ready Mix Concrete Industry - Telematics and IoT to help ready mix companies run their businesses more effectively.

Playing Well With Others: Integrations

Time is of the essence for concrete contractors, and today’s technology allows the driver to easily count every rotation, measure moisture levels, and maintain accurate digital records in order to decrease the margin for human error and increase productivity. In fact, having a system that properly integrates and easily connects with existing software or hardware is a necessity in order to ensure the job is done in a timely and efficient manner. The fact is having a partner that integrates with dozens of software and SaaS solution providers leads to enhanced visibility, efficiency, and safety.

IoT solutions with open APIs are designed to increase efficiencies and improve the company’s bottom line. While data-driven insights such as real-time job status updates and driver feedback can assist in increasing productivity, they can also contribute to driver retention. By providing an accessible, simplified, and unified IoT platform and partnering with a provider who offers these capabilities, fleet managers can free up drivers’ time and help them get the job done. With the use of integration-friendly technology, construction fleets are essentially future-proofing their business, allowing them to evolve with the technology.

Safety, Cost Savings & More

According to a recent study by G2, 45% of 1,200 surveyed U.S. fleet managers, executives, and other mobile-business professionals achieved positive ROI in 11 months or less on their fleet management solutions—proving the true power of fleet technology and reliable integration.

When fleet managers ​​are provided with real-time, command-center visibility into drivers and assets, they have the actionable data and communication tools needed to increase productivity, efficiency and revenue. Furthermore, when construction fleets take that a step further and combine integration capabilities with the power of fleet tech, employers and employees alike benefit with a safe work environment, a successful and productive business model and an improved bottom lineall due to the power of integrations.

About the author

Based out of Raleigh, NC, Vishal Suchdeve has been working with both medium sized and enterprise level customers on a national level that are based in the construction industry for over 16 years.

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