Machines equipped with telematics have been ‘calling home’ to let owner’s know where they are and when they’re running for nearly 25 years. But, according to a recent article in International Rental News magazine, the data provided by telematics systems can be used by rental companies for a lot more than simple location and run time monitoring.
Examples include opportunities to build a more loyal customer base by offering lower rental costs for lightly used machines; paying by the hour of actual use instead of flat rates; limiting access to only operators with proper training and credentials; and, monitoring jobsite safety issues.
By monitoring run time, telematics also can help track carbon emissions to support the growing number of jobsite emission reporting requirements. Telematics can also streamline maintenance and minimise downtime and will ultimately provide the data to support effective predictive maintenance programmes.
These capabilities will continue to grow in importance as older equipment is replaced by machines powered by modern, telematics-equipped engines.
-
Chinese lift market extraordinary growth over
Reporting says a slowing economy saw sales decline by 21 percent in 2024.
Learn More -
Mixed signals on European construction equipment rebound
Various industry groups are reporting the signals to be very mixed.
Read more -
Social media influencers can help OEMs
An influencer can link OEMs with the people who will use the equipment.
Read more -
Mini excavators are evolving
The rental market is influencing new mini excavator design.
Read more -
Sunbelt will support unique 2028 Olympic and Paralympic games
Sunbelt Rentals will be the official equipment provider for the games.
Read more -
WIP on U.S. tariffs generator sales impact
What impact will the recently announced 25 percent U.S. tariffs have on the global generator set market?
Read more -
New US$10 billion data centre
A recent article in Compact Equipment magazine explored the difference and offered some guidelines for selecting the best balance for various applications.
Read more -
Construction growth may be picking up speed in Great Britain
The Construction Index reports that April marked the third consecutive month of construction output growth in Great Britain according to the Office for National Statistics.
Read more