For the construction industry, having equipment ‘talk’ or share asset data can provide a big benefit to business. Contractors can identify the location of a piece of equipment immediately, understand and diagnose a malfunction before it even occurs, and access other key pieces of information about a fleet of vehicles. The challenge in the past has been setting an industry standard for sharing this data.

However, this week, the Assn. of Equipment Management Professionals,, Glenwood Springs, Colo., and the Assn. of Equipment Manufacturers,, Milwaukee, Wis., came together to define a set of standards for asset data, that when communicated remotely via telematics, can be sent to the end-user of the equipment. As part of the standard, 19 data points will be developed and maintained by the two associations and the memberships.

For contractors, the benefit of this is the fact the new standard will define a format that will enable the OEMs (original-equipment manufacturers) to deliver fault code information of the data feed. From there, data will be provided to the contractor via an API (application programming interface) server-to-server data-sharing standard. This means contractors will be able to transfer the data from the piece of equipment to the business enterprise systems easily.

The original telematics standard developed by the Assn. of Equipment Management Professionals will incorporate this new, wider industry standard. The companies say these protocols will allow end-users to employ their own business software to collect and analyze asset data from mixed equipment fleets.

And this new standard is just the beginning. A developer group is also being formed for industry-wide integration of the standard and another task force will be brought together to set the data transfer and conversion security plans. Additionally, a governance group will also be assembled.

This is the next step toward having telematics on every piece of equipment at the jobsite. As industry bodies continue to work together to develop standard APIs for data collection, construction companies will have an easy way to gather data from equipment and share with systems in the office.