REDUCE THEFT & KEEP TRACK OF VALUABLE EQUIPMENT
The Home Office estimates that stolen plant currently costs the construction industry £400m* each year, through both theft of plant from operators and criminals hiring plant for fake construction sites. Industry estimates suggest that only 5% of stolen plant is ever recovered and returned to its rightful owners. Even then, recovered equipment is often difficult to identify as markings and serial numbers are usually removed.
The construction industry is working hard to combat the increasing volumes of theft and advanced technology is helping them in their efforts. Masternaut Three X has launched a groundbreaking tracking service for valuable plant and construction equipment using satellite surveillance.
Called Masternaut Asset Track, a covert tracking device installed in the equipment transmits the precise location of the asset and communicates this via the Internet. This eye in the sky system prevents theft and, therefore, minimises disruption to businesses that rely on constant availability of their assets to perform their jobs.
Asset Track provides many benefits that result from gaining real-time visibility of the plant or equipment. Using a web browser on a PC or hand held device, Asset Track users can see exactly where their equipment is situated and whether or not it is in use. The moment it moves out of a pre-defined area, the system raises the alarm and notifies the customer via email or text message. This will ensure that stolen equipment can be recovered quickly.
For plant hire companies, the system provides a record of usage for Pay-As-You-Use services. Customers are given accurate invoices, backed up by the system’s monitoring capability. In addition, because the ‘hirer’ is responsible for assets on loan to them, they now also have peace of mind from knowing that the equipment is fitted with a real-time tracking device and in the event of it being stolen it can be traced and retrieved.
Asset Track has been engineered for easy installation, robustness and longevity. The simple two wire connection and integrated long-life back-up battery provide a fit-it-and-forget-it solution to tamperproof equipment tracking. Furthermore, because Asset Track is based on proven Masternaut Three X technology, users will also benefit from lower insurance premiums and excesses.
“Masternaut Asset Track provides a simple and extremely effective method of location and recovery of stolen equipment. It is a foolproof system that gives instant warning of theft. It helps a customer retrieve their equipment and prevents them falling foul of opportunistic as well as organised criminals. In addition, customers can use the system to help prepare accurate itemised invoices for pay for use equipment hire. Asset Track provides a reliable way to accurately measure usage of the plant or equipment and thereby prevents disputes arising,” said Martin Port, MD, Masternaut Three X.