Nothing screams green quite like saving fuel. For the construction industry, which spends billions a year on fuel costs for trucks and other heavy machinery, saving some dollars when it comes to operating fleets can be a life saver—not to mention a green perk.
Market analyst firm Berg Insight, www.berginsight.com, Gothenburg, Sweden, predicts there will be 3.8 million commercial-fleet-management systems in place by 2015—a 29.5% market-penetration rate. Naturally this includes multiple markets, but without a doubt construction will be heavily represented in this figure.
The benefits of fleet-management technology are across the board, including things like lower fuel costs, GPS location tracking, alerts for preventative maintenance, and even insurance discounts. It helps when well-established brands jump in on the game too, helping construction companies find a low cost and highly reliable option.
Take a new tracking device from TomTom, www.tomtom.com, Amsterdam, The Netherlands, for example. Its new device, the LINK 510, reports fuel consumption, over-revving, and fuel levels. The company says the device works alongside TomTom’s online fleet-management system, WEBFLEET, to break down vehicle utilization and driver behavior—including speed, harsh steering, braking, and idling.
Another option comes from GPSTrackit.com, www.gpstrackit.com, Temecula, Calif. Its Locator 2000 is a GPS-enabled trailer-tracking unit that provides updates on vehicle location, along with other actionable alerts such as low battery. The device is designed to be compact, reliable, and weather resistant for enterprise applications.
But what about the value of lowering insurance costs? Some say by adding visibility into fleets via connected technologies, companies are in position for an insurance-rate reduction.
Overall, there are multiple benefits that come out of fleet-management technology. Construction companies can certainly find the green appeal, among others, of working with the technology.