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4.6 million connected construction vehicles by 2021

By 2021 there will be 4.6 million construction industry vehicles that are connected using telematics, according to Volvo CE. The Swedish construction equipment company says that, while telematics adoption has so far been slow, it has the power to drive construction industry productivity. It adds that poorly coordinated data in construction can raise costs by 25%. Volvo CE currently has 130,000 connected assets, while the Volvo Group as a whole has 700,000. Full connectivity became available in 2010-2014
September 26, 2018 Read time: 1 min
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Telematics adoption has been slow, but Volvo CE says it can drive construction productivity

By 2021 there will be 4.6 million construction industry vehicles that are connected using telematics, according to 3573 Volvo CE.

The Swedish construction equipment company says that, while telematics adoption has so far been slow, it has the power to drive construction industry productivity. It adds that poorly coordinated data in construction can raise costs by 25%.

Volvo CE currently has 130,000 connected assets, while the Volvo Group as a whole has 700,000.

Full connectivity became available in 2010-2014 with the first SaaS (Software as a Service) platform that allowed users to update software via The Cloud.

There will be an estimated total of 929 million connected machines (on-road and off-road) by 2026, according to Volvo CE, up from the current figure of 224 million.

Future telematics-related technologies include monitoring of head and eye movements to stop tiredeness-related accidents, and 'gamification' software to measure driver habits and reduce collisions.

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