Increasing productivity of construction equipment by analytics

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The construction industry is probably one of the oldest industries in the world and still growing as more advanced equipment are being designed today. Since, the construction industry uses heavy equipment like dumpers, excavators, cranes, Ready-Mix-Concrete (RMC) trucks, tippers, etc.; research firm MarketsandMarkets, estimates that the heavy equipment market will reach $166 billion by 2020. Needless to say, this is a huge market that directly affects the profits and efficiency of the construction industry. Remote monitoring and analytics together will help to increase the productivity of the heavy equipment fleets. An increase in productivity will directly relate to increase in profits. Common challenges in construction industry Fuel theft While there are no official numbers, fuel the
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devavrat kulkarni
Devavrat Kulkarni is a Senior Business Analyst with Maven Systems. Maven Systems Pvt. Ltd. is Pune based end-to-end product development company working in the M2M / IoT field. Maven’s area of expertise is wireless communication for a wide spectrum of domains. Maven has developed products for smart lighting, smart metering, medical wearables, industrial and home automation, asset monitoring and heavy equipment remote monitoring. Maven has won several awards from NASSCOM, Red Herring, Texas Instruments, Vodafone and so on. With clients in 19 different countries, Maven has a global reach.
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