“ Technology is transforming asset ownership and melting the iceberg of equipment costs ”

– Willy Schlacks , President and cofounder of EquipmentShare

Telematics solutions can indicate exactly where a piece of equipment is , what route it took to get there , how many hours it ’ s been in use , how much fuel it ’ s burning , and whether its engine is at risk of breaking down — all in real time . These insights lead to an incredible boost in usage efficiency , a drastic drop in unexpected maintenance issues , and , best of all , sky-high ROI .

2 . Embrace preventive maintenance With telematics in place , contractors can then adopt a preventive maintenance system that ’ s automated and triggered by actual usage data . The benefits