The construction business is one of the most rapidly growing sectors in the world. However, the issue that concerns businessess is equipment theft that requires smart actions to prevent. Eteria prepared a two-fold solution for the monitoring and management of equipment.
Increasing investment in infrastructure projects and the demand for equipment is driving the construction equipment market forward. It is expected to reach $250.4 billion by 2026 from $208.3 billion in 2021 at a CAGR of 3.8% during the forecast period.
The sector continues to grow yet the problems faced by businesses owners doesn’t go away. Construction equipment theft is prominent everywhere, as annual losses resulting from these issues accounts for over $1 billion in the USA, over €1,5 billion in European countries and around $650 million in Australia.
Since expensive tools and equipment may be left out in the open at the construction sites unmonitored, this is a very low-risk and high-rewarding job for thieves. Some of the equipment cost as much as 150.000 EUR. Backhoes are somewhere in between of 40.000 EUR to 60.000 EUR, while the price of a generator unit varies from from 25.000 EUR to 150.000 EU. Considering the fact that only less than 25% of stolen equipment is recovered annually, the issue of theft needs to be addressed seriously.
Direct costs of replacing stolen equipment are one of the few concerns construction companies have to deal with. The project delays, wasted man-hours, and increased expenditures on rental equipment and insurance are among the key indirect costs that emerge after the theft.
Fortunately, these losses can be prevented with an Eteria solution revolving around Mobile Tracker. Bulldozers, graders, scrapers, backhoes, excavators and their buckets cranes, power generators and other tools can be protected with our tracker in place.
Let’s say you are a business owner who seeks to have a full monitoring solution of its construction equipment. Whether it is a power or non-powered asset, the tracker can be seamlessly mounted on any tools and sustain extreme weather conditions thanks to the IP68-certified enclosure.
You feel safe because whenever you want to know the location of his assets, you can do it via a convenient online platform
Equipped with internal high-gain GNSS antennas, TAT100 sends information about equipment in real-time, depending on the settings chosen. Thus, if your tool leaves the designated site, alarm would be instantly delivered to the online tracking platform and one would be able to act quickly if the equipment is stolen.
BENEFITS
- The device is driven by GNSS and GSM connection, allowing fast data transmission and providing the opportunity to react to potential danger
- Four possible mounting possibilities. For example, a flat surface is perfect for mounting with duplex adhesive tape. On the case, there are 4 holes designed for “zip tie” mounting
- Easy-to-install, safe and robust technology – long installation processes are already in the past, as Teltonika Asset tracker can be set up manually in just a few minutes. Meanwhile, the FOTA WEB tool enables encrypted connection via the internet
- The tracker uses interchangeable batteries and can be fully loaded in less than a minute. In that way, downtime until the device is charged can be avoided
