Raken Expands Equipment Management Capabilities for Construction Industry

Author

Slice of Construction Team
September 30, 2024

Key Highlights:

  • Enhanced equipment tracking, reporting, and proactive maintenance

  • Automated dashboard for utilization, fuel consumption, and emissions analysis

  • Improved workflows for both owned and rented equipment

  • Targeted operator training through deficiency tracking

  • New tools for small equipment tracking launching soon

Source: PR Newswire

Notable Quote:

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"Knowing where equipment is, who is using it, and what condition it's in is critical in construction. Raken makes it easy to capture and analyze key data points so you can protect and maximize your investment. Raken now provides an even clearer view of all your assets across your company and projects, so you can maximize usage, better manage your budgets, and extend the lifespan of your equipment."

Mike Bates, VP of Corporate Strategy at Raken

Our Take:

Raken's expanded equipment management capabilities address one of the most pressing needs in the construction industry—efficient equipment utilization and maintenance. The combination of automated dashboards, proactive maintenance tools, and customizable reporting ensures that companies can maximize the lifespan of their assets while minimizing costs. The planned release of additional tools, such as small equipment tracking, will likely further enhance Raken’s value, solidifying its position as the go-to field management solution for construction companies looking to optimize project productivity.