EquipmentShare launches digitalisation platform for construction
By Murray Pollok22 October 2021
US rental and digital technology company EquipmentShare has launched a range of apps called T3 to help contractors digitise their operations.
The T3 platform aims to increase efficiency and productivity by providing mobile and web apps to replace multiple software systems and paper-based processes to manage assets, people and materials in one solution.
Powered by machine telematics data, the T3 platform offers four applications.
T3 Fleet app will monitor mixed fleet utilisation and manage rentals from EquipmentShare or other suppliers. T3 Time Cards will allow supervisors to review and approve employee timesheets and connect work hours to projects for accurate cost reporting.
T3 Analytics can run reports on various jobsite activities such as machine hours, maintenance intervals and more, and T3 E-Logs app replaces pen-and-paper driver logs. Further apps are planned.
The launch followed a funding round by EquipmentShare which raised US$230 million to develop the system and expand its network.
“T3 was built upon the foundation that was set by the EquipmentShare Track asset management solution, which primarily helped contractors monitor and control their fleet,” said Willy Schlacks, EquipmentShare President.
“The comprehensive T3 operating system helps contractors manage all aspects of their business by removing bottlenecks and streamlining workflows. Gone are the days of waiting 45 days for a credit card statement to understand material expenses or logging into a dozen systems to view mixed fleet information, manage staff schedules or connect tasks to invoices.”
The company’s rental and retail customers can access the platform through rental reservations or purchases.
Contractors and individuals who own their fleet can also buy a T3 subscription to manage any machine in their fleet, regardless of make, model or OEM.
One customer, JE Dunn Construction – the Kansas City-based contractor with 24 offices and 3500 employees in the US – said T3 was proving valuable.
“They offer a smarter system that helps us better manage our equipment and rentals”, said Patrick Leis, Vice President of Logistics Operations at the company.
“T3 provides better visibility on the work started to the work completed, including record keeping and from a risk and safety management perspective. Their technology helps us check off multiple boxes.”
The gold standard in market research
Off-Highway Research offers a library of more than 200 regularly updated reports, providing forensic detail on key aspects of the construction equipment industry.
Our detailed insights and expert analyses are used by over 500 of the world’s largest and most successful suppliers, manufacturers and distributers, to inform their strategic plans and deliver profitable growth.