Digitization is changing the construction industry
The construction industry employs more than 7% of the world’s workforce and generates more than $10 trillion in value annually.
But while other industries have become more and more productive in recent years, the productivity of the construction industry has increased much more slowly.
Slow digitization, slow productivity increase
Over the last two decades, productivity growth in the manufacturing industry has been Ø 3.6% per annum, while in the construction industry it has been Ø 1% per annum. (Source: McKinsey)
As a result, the construction industry loses more than $1.6 trillion in value each year.
One of the reasons for this is a comparatively low degree of digitization.
For example, the EU BIM Task Group found that on a scale of 1 (highly digitized) – 4 (low digitized), the construction industry receives a rating of 3.33, while the “Media & Entertainment” sector, for example, receives a rating of 1.92. The EU BIM Task Group has found that the construction industry has a rating of 3.33 on a scale of 1 (highly digitized) – 4 (low digitized). Only the “oil & gas” industry is even less digitized than the construction industry.
Great potential through smart construction
Two of the most important drivers of digitization are the Industrial Internet of Things (IIoT) and Artificial Intelligence (AI).
On the one hand, process- and project-related applications can be enhanced, data can be integrated into BIM systems and a more productive job-site can be realized.
On the other hand, asset management applications, e.g. optimization of fuel consumption or predictive maintenance can be implemented by digitizing the machine.
This has the advantage that downtime on the construction site is reduced, problems can be solved more quickly and machine disposition works more efficiently.
An important first step to unlocking more than $1.6 trillion in potential annually.
Easy integration into your machine
You can flexibly mount the “ToolSense IOT” unit to your machine and connect it with any available voltage between 5 – 520V.
It is also possible to connect “ToolSense IOT” unit to the machine using a USB port or a cigarette lighter adapter.
If a machine interface is available, it can be easily integrated (e.g. CAN bus or RS485).
Leverage all available machine data
Even without a machine interface you can generate critical data with the on-board sensors of the “ToolSense IOT” unit.
“ToolSense IOT” can also be flexibly expanded with additional sensors (e.g. fuel level measurement) or with “ToolSense KEY”.
Machine type & brand independent.
ToolSense NOW: scalable, solid and secure
The data is collected using the “ToolSense IOT” unit and then pre-analyzed with edge computing on the module. After that it is sent to the ToolSense cloud with a cellular connection.
The ToolSense cloud is hosted in Germany and Belgium and the data is sent and stored 100% encrypted.
The GDPR was taken into account in the ToolSense system architecture – this is how the IoT solution is future-proofed.
Machine runtime: accurate by the minute + machine type & brand independent
As soon as the machine sends data to “ToolSense NOW” platform, you and your customers can see a detailed performance log of the runtime and also download it as a PDF document.
And if the machine has no cellular signal, the “ToolSense IOT” unit still records the runtimes using the on-board real-time clock.
The log is stored on “ToolSense IOT” unit and as soon as there is cellular signal again, the data is sent – so everything remains accurate.
From troubleshooting to predictive maintenance
If you have defined certain error or event codes, you can use ToolSense NOW to easily help your customer or service partner to help themselves.
This relieves your first-level support and reduces machine downtime.
As soon as a event occurs, a warning is issued and at the same time the measures for solving the problem are shown to the responsible person. You can also add Youtube links or image descriptions.
Automatic guidance on ToolSense NOW
With “ToolSense NOW” Rules Engine you and your customer can define flexible rules.
For example, you can set a rule up so that the responsible field engineer is automatically notified when an error message occurs.
You can also specify that an alarm should be triggered if the fuel level falls below a certain mark or if the machine moves out of a predefined zone.
Integrate “ToolSense NOW” into your ERP and Rental Systems
“ToolSense NOW” is developed on the basis of state-of-the-art IT infrastructure technologies.
“ToolSense NOW” IIoT platform is “Cloud-Native” and the server capacities used adapt automatically to the number of users and machines.
Thus it makes no difference whether 100 or 100,000 machines are digitized.
“ToolSense NOW” is GDRP compliant, your data is 100% encrypted and stored in the EU.
You can also integrate ToolSense NOW into any system using the ToolSense GraphQL / REST API (e.g. ERP systems, RentalMan, InspHire, EZRentOut, etc.).