2024 top construction tech companies for equipment, tool, and material tracking

In the fast-paced construction industry, efficiently tracking equipment, tools, and materials is crucial for maintaining productivity and safety. Advancements in technology have led to the development of innovative solutions that streamline these processes. Construction tech companies like Tenna and Rooster are two companies changing the landscape of construction safety through their advanced tracking systems.

Top 10 construction tech companies for equipment, tool, and material tracking

1. Milwaukee One-Key

Milwaukee Tool’s One-Key is a digital platform designed to enhance tool and equipment management in the construction industry. By integrating Bluetooth technology into their tools, One-Key enables users to track, manage, and customize their equipment through a centralized app. This system offers real-time tracking, inventory management, and the ability to set performance parameters for tools, ensuring optimal usage and reducing downtime.

2. DeWALT Tool Connect Site Manager

DEWALT’s Tool Connect Site Manager is an inventory management platform tailored for the construction industry that is similar to One-Key. Through a cloud-based system, it allows users to add, assign, and track tools and equipment across multiple job sites. The platform provides updates on equipment location and status by integrating Bluetooth-enabled products, such as tools, batteries, tags, and connectors. This connectivity enhances accountability and reduces the risk of lost or misplaced tools. The system also offers automated reports and customizable audits, enabling managers to maintain a live view of their assets to streamline operations.

3. Tenna

Tenna is an all-in-one equipment management platform specializing in equipment fleet operations. It offers solutions for tracking and managing mixed fleets, including heavy equipment, vehicles, and tools. Using GPS tracking devices and a unified platform, Tenna provides live visibility into asset locations, utilization, and maintenance needs. By centralizing these functions, Tenna streamlines workflows and enhances project efficiency, making it a comprehensive solution for equipment management in the construction industry.

4. Busybusy

Busybusy is a cloud-based time tracking and project management software specifically tailored to non-desk industries, including construction businesses. Launched in 2010, the app was developed by construction professionals who sought to solve the unique challenges faced by those in the field, such as mobile workforce management and real-time project tracking. With this app, you no longer have to rely on paper time cards to clock in, reducing payroll stress and labor costs. It also provides accountability and easier job costing.

5. Rooster

Rooster is a construction technology company offering an innovative asset-tracking system to improve equipment management. Their solution comprises Rooster Hubs and Activity Trackers, which monitor powered and unpowered equipment. The system provides real-time data on equipment location and usage, enabling construction professionals to optimize asset utilization and reduce downtime. In addition, Rooster’s platform automates reporting, delivering accurate insights into equipment activity without manual intervention.

6. Kojo

Kojo is a one-stop shop for purchasing materials, tool tracking, and inventory management. Built for trade contractors, their platform streamlines the entire procurement process, from planning and purchasing to monitoring and payment. This ensures that materials are efficiently managed throughout a project’s lifecycle. By integrating with existing ERP and project management systems, Kojo provides visibility into material costs and inventory levels, helping contractors reduce waste and control expenses. Overall, the platform’s user-friendly interface and comprehensive features make it a valuable tool for material management.

7. Remarcable

Dedicated to the electrical contractor industry, Remarcable provides cloud-based procurement and tool management software. By integrating material ordering, tool tracking, and warehouse inventory into a single system, Remarcable enhances efficiency and communication across field, warehouse, and office teams. The platform offers features such as automated inventory management and seamless integration with accounting software. These capabilities help contractors minimize costs and increase project management efficiency. Remarkable’s sole focus on the electrical contracting industry makes this product a standout for any general contractor in the electrical field.

8. StructShare

StructShare is a cloud-based platform designed to streamline the procurement and material management processes for specialty trade contractors. By connecting field teams, procurement, and accounting departments, StructShare enables seamless collaboration throughout the purchasing cycle. The platform offers features such as instant field ordering, automated purchase orders, and real-time inventory tracking, helping contractors reduce manual data entry, prevent ordering mistakes, and gain control over spending.

9. On!Track

Hilti’s On!Track is an asset management solution that offers live visibility into tools, equipment, and consumables, enabling efficient tracking and management across multiple job sites. By utilizing a barcode and Bluetooth tags, On!Track provides accurate data on asset location, usage, and maintenance schedules. This system helps contractors reduce downtime, prevent loss or theft, and ensure compliance with safety regulations. Additionally, On!Track integrates with existing business processes, offering a user-friendly interface accessible via desktop and mobile devices.

10. Apptricity

Apptricity is a leading provider of supply chain management and asset tracking solutions. Their platform integrates technologies such as GPS, RFID, Bluetooth®, LTE, Satellite, and OBD2 to deliver precise tracking and management of assets. This combination lets Apptricity track indoor and outdoor equipment, providing real-time updates on location and usage. The platform integrates easily with other systems and delivers precise analytics to help users plan maintenance and stay compliant. This flexible setup makes Apptricity ideal for companies that need strong, scalable tracking across complex job sites.

Final thoughts

Choosing the right technology partner for tracking equipment, tools, and materials can impact your project’s success. When choosing the right software, consider your project’s specific requirements, such as the scale of asset management, integration capabilities, and user-friendliness. It’s also important to consider costs based on your budget. With the majority of these software having overlap in their capabilities, using one that’s cost-effective will lead to more savings down the line.

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