Construction companies these days, especially large ones, are eager to find new ways to operate with much greater efficiency.
Competitive forces, cash-flow pressures, and even client demands are causing many firms to search for smart ways to run leaner, yet be more productive at the same time. In other words, figure out how to do a lot more with a lot less.
How can this daunting task be accomplished?
Many of the industry’s innovation leaders believe significant gains can be made by leveraging cutting-edge, game-changing technology. A perfect example: Motion-based Utilization.
This data-gathering technology was developed by Recon Dynamics, and field tested in some of the harshest construction and utility environments. Motion-based Utilization is designed to sense the actual motion or vibration of an asset - if it's not moving or vibrating then how can someone be using it?
In with the new
Tracking systems aren’t new. IoT systems aren’t new. What’s new is Motion-based Utilization, the first system that not only reveals the precise location of tools and equipment – it reveals if, when, and how often they’re actually being used. Recon created it, and only Recon offers it.
Imagine knowing, for example, that 30% of your backhoes are being used only one or two hours a day. That dozens of your company’s right angle drills are rarely turned on. Or that many of the costly skid steers your company owns often sit idle.
Insights you’ve never had before
Motion-based Utilization gives you a clear, granular understanding of your business like never before, so you can make decisions like never before.
It reveals asset usage … which reveals waste and inefficiency … which informs strategies for selling underutilized assets … which frees up capital … which can be used to pay down debt or purchase needed equipment.
With Motion-based Utilization, large inventories of expensive tools and equipment won’t sit idle. You’ll know which assets can be moved from one project to the next, minimizing the cost of rentals and new purchases. You’ll also be able to schedule maintenance based on actual run time, not on a calendar.
No conventional tracking or IoT system can possibly provide as much useful and actionable information, because no other system can provide such reliable utilization data.
How Recon’s system works
In brief: Rugged wireless sensors, smaller than an Andes dinner mint, are placed on or inside tools and equipment. These sensors measure movement and vibration, and send that data to a cloud-based computing system. There, software powered by machine learning transforms it into useful, customized information specific to your business objectives.
Information can be viewed on any digital device, including smartphones, tablets, and laptops. There’s no scanning. No apps. No waiting. Want more information about this technology? Find more at our website.
Recon’s Operational Intelligence
Motion-based Utilization is a key component of Recon’s suite of wireless Operational Intelligence (OI) solutions for construction companies. It includes solutions for materials management, supply chain management, worker safety, asset security, and more. All Recon OI solutions do more than simply collect and provide data. They transform real-time data into clear, practical insights that can help construction companies operate smarter and with greater efficiency and productivity.
A few words about ROI
The ROI of Recon’s technology is nothing short of remarkable. Although ROI differs depending on company size and specifics, almost all Recon clients save enough in the first year to cover the initial cost of the system. Keep in mind the savings continue long after the technology has been implemented.
With Recon’s system, transformation into a leaner yet more productive construction company is not just possible, it’s highly probable.
About Recon Dynamics
Founded in 2009, Recon was created to provide best-in-class IoT solutions for wireless asset location, management, and telemetry for a broad range of industries. The company’s Operational Intelligence platform provides valuable insights that help businesses significantly improve efficiency, productivity, and safety.
Formed by legendary wireless pioneers and initially backed by Craig McCaw's Eagle River Investments, Recon is now part of Tricon Sales, LLC. It includes world-class technologists who have conceived, built, deployed, and successfully maintained wireless products and services globally.
No company has deeper experience or more meaningful expertise in wireless technology than Recon. None.