YARDZ

Do you know why so many people don't like tech? Because tech doesn't listen to people. #AssetManagement #IHateTech ##Listening

Occasionally, we see things that remind us how dangerous the construction industry can be. #ConstructionSafety #ProtectingWorkers #Tornado #StaySafe #AssetManagement

Occasionally, you see things that remind us how dangerous the construction industry can be. #ConstructionSafety #ProtectingWorkers #Tornado #StaySafe #AssetManagement

😪 Is there anything sadder than a lonely piece of construction equipment sitting by the side of the road with no home? 💲 There is: contractors lose up to $5 billion annually from underutilized or misplaced equipment. 🔎 YARDZ gives you the visibility you need to stop the waste. #AssetManagement #ConstructionEquipment #StopTheWaste #Contractors

The The World Bank estimates nine in 10 projects face delays or cost overruns, while McKinsey & Company calculates inefficiencies at $1.6 trillion annually, a third in the U.S. 💸 💲 With global infrastructure demand projected to reach $94 trillion by 2040, experts say systemic change is critical. ForConstructionPros list the top five challenges in the industry: - Political and Financial Risk: Shifting policies and unstable backing create uncertainty. - Lack of Standardization: Inconsistent design and delivery approaches drive rework and inefficiencies. - Outdated Practices: Limited adoption of digital tools and automation slows progress. - Fragile Supply Chains: Global shocks and climate risks expose vulnerabilities. - Fragmented Collaboration: Competing incentives and poor data sharing hinder outcomes. We'll add our own item to this list: poor asset management. This not only costs construction companies millions in missed calloffs, overdue penalties, and forgotten equipment, but also leads to major project delays due to inefficient resource allocation. #AssetManagement #ConstructionDelays #CostOverruns #Inefficiencies

🦺 Telematics is quickly becoming one of the most important technologies in construction fleet management. What began as simple GPS tracking has evolved into real-time visibility into equipment utilization, idle time, fuel consumption, maintenance needs, and asset location across jobsites. The global construction equipment telematics market is projected to grow from approximately $7.8 billion in 2025 to more than $20 billion by 2034, with double-digit annual growth rates driven by infrastructure projects, rental fleet expansion, and demand for operational efficiency. For contractors managing a mix of owned and rented equipment, telematics is becoming essential for reducing downtime, avoiding duplicate rentals, improving maintenance planning, and maximizing utilization. #Construction #ConstructionTechnology #Telematics #FleetManagement #AssetManagement #EquipmentRental #ConstructionIndustry