Utilization data profits your business and reduces your costs
Intelligent asset management with smart data
Measure the working hours of your assets and non-powered equipment with Trusted’s Utilization feature. It provides knowledge about when and where your asset and groups of assets are working.
We have developed an advanced algorithm that helps you to identify utilization trends. This can help you increase productivity, improve operations and reduce idle time.
Activate the utilization feature for a larger group of your assets and you will quickly be able to see how many machines that are in use and how often. This gives you reliable data for making critical business decisions like – could unused machines be sold or returned to the rental company.
Utilization is determined by the sensors in the tracking device – most often the motion sensors, but utilization can also be determined by light and temperature.
Utilization benefits rental companies
The utilization feature enables you to monitor and control unauthorized use of any asset powered or non-powered.
For example, you can now control for usage outside agreed rental periods or agreed working hours for the period.
This allows you to generate invoice information based on the actual usage of the equipment.
Furthermore, utilization also helps you to see which type of your equipment that makes most value for your business and which do not.
Improve service and maintenance
The Utilization feature can also be used in better defining service internals for powered and non-powered equipment.
As the feature indicates the total of actual working hours and usage of your equipment, you can see exactly how much work your equipment and machinery can take before needing service.
With this knowledge, you know exactly when your assets require maintenance. And you do not need to check it yourself. Configure your device to send you an alarm, when the appropriate number of working hours.