Eliminate Downtime by 2025 with Telematics, Trackunit Says
Trackunit, a leading global innovator of telematics technology, has announced the launch of an industry-wide mission to eliminate downtime. The ambition of the movement is not only to recover the billions lost through budget and schedule overruns, but also to re-establish the reputation of the industry for innovation and leadership.
With the publication of an open letter to construction, Trackunit CEO Jorgen Raguse said, “downtime is the mother of all of our problems. It affects every corner of the industry, from broken promises to broken processes, from missing tools to broken equipment. The task to eliminate downtime by 2025 can only happen through industry-wide collaboration. No single company has all the answers. Therefore, on behalf of some of the leading companies in the industry, we invite each and every individual to read and share the open letter and join the movement. Are you in?”
Raguse also stated that eliminating downtime can save billions of dollars spent each year on construction site machines and equipment sitting idle, as well as inefficient business operations and management.
In launching Eliminate Downtime 2025, Trackunit has called out for individuals and organizations to share ideas, big or small, to increase the efficiency of construction. The suggestions will be curated and consolidated as a white book made available at the end of 2019.
For more details regarding Eliminate Downtime 2025, please visit click here or visit the Trackunit Booth 5448 at the ARA Show.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.