Proving the Business Case for the Internet of Things

Trimble to help construction contractors reduce asset losses

Iain Morris
October 9, 2014
Tracking company Trimble has launched a new radiofrequency identification (RFID) service allowing organizations in the construction industry to monitor equipment in real time.
The company claims the technology will allow contractors to locate and track assets easily and quickly through use of a web-based database application.

The intention is to improve asset use and reduce equipment downtime, cutting costs in the process.

“According to a 2012 report by the National Insurance Crime Bureau (NICB), close to one billion dollars a year was lost in the US due to the theft of construction equipment,” said Roz Buick, vice president for Trimble Heavy Civil Construction. “Trimble Tracker RFID System gives the equipment or site manager a complete end-to-end asset tracking solution to better manage site assets and reduce their asset loss.”

The Trimble (Sunnyvale, CA, USA) system bundles RFID with GPS and telematics technology to provide a complete solution for asset tracking.

It says the accuracy of the service will allow equipment managers to quickly locate assets on site or in laydown yards for storage.

Contractors will need to place RFID tags on assets such as machine attachments and trench boxes to make use of the service.

Handheld and vehicle-mounted readers will then be able to transmit data about asset location to Trimble’s database where it can be properly analyzed before being fed back to employees in the field.

Using the technology, contractors will be able to reduce capital equipment expenditure by better managing their existing assets, says Trimble.

The service will also allow them to view inventory across a number of sites by means of a web-based application that will integrate and document all asset location information.

Trimble says the RFID service is now available in North America, Europe and Australia through its SITECH technology dealer channel.
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