IoT-based technologies has evolved in construction and mining equipment space with many such technologies helping the OEMs, contractors and machine operators to keep a control on the machines conveniently. Telematics is such a technology platform where stakeholders in the industry have complete control over the machine and fleet with respect to their every aspects. Telematics enables the operator, owner, dealer and the OEM be connected on the same network and track the machine. Globally, Telematics has evolved to such a stage that many OEMs now offer the feature as standard in their machines due to the growing demand. In India also, things are moving in this direction. According to OEMs, the investment cost of Telematics is minimum and the benefit is maximum to the customer. Customers are now understanding this fact and preferring machines with Telematics.
The current scenario in infrastructure, construction and mining demands more technology into the space in order to speed up activities, improve overall efficiency and thus achieve maximum productivity. Telematics is an easy-to-use GPS/GPRS-based application and users can easily navigate through and track the status of machines in real time. With Telematics, one can access information about the location, fuel, maintenance, and all other parameters remotely on a smart phone, tablet or laptop. The efficiency and productivity will be dependent on the machine-to-machine communications and there will definitely have end-to-end machine communication. In future, all the machines will be interconnected.
Excon, the biggest construction equipment event of South Asia is around the corner at a time the construction equipment industry is looking for an impressive growth. While the participation is all-time high this year, there is at-least a-third of exhibitors are from the components, accessories and spares industry. Considering the importance of this segment in the construction equipment industry, the organisers is conducting a conference focusing on Smart technologies for Smart equipment, where connectivity is one of the topics of discussion. The components segment thus has a lot to offer at this Excon and the customers and visitors are going to benefit from this mega event.