What Is the Best Asset Tracking for Construction in 2023?

Man using asset tracking on a construction site

Based on our in-depth research, the best asset tracking system construction businesses can currently get their hands on is Tenna. With some genuinely cool gadgets in its arsenal, TennaGo Tracker is easy to install and is durable. It’s also user-friendly as all you need to do is be connected to a cellular network to track engine hours and assets.

Investing in asset tracking for construction can help you have money on your heavy-duty machinery, making it a worthwhile investment. After all, as inflation and costs continue to spike, insuring your operation against asset loss and damage is crucial. But which one is right for your business?

To save you the headache of having to scour an asset tracking system that can work for your construction business, we’ve carried out meticulous research to give you quick answers. In this article, we’ve compiled the top four providers and compared them based on price, customer support, features, and customer reviews. However, if you’re pressed for time, you can also use our quick and free quote comparison tool. We’ll connect with providers who will offer obligation-free quotes, in exchange for some details about your business.

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Tenna

Verizon Connect

CloudHawk

Asset Panda

Key Features
  • Mobile and tablet compatible software
  • Highly rated customer service
Key Features
  • Easy to install hardware
  • Expansive wireless network
Key Features
  • Track engine hours
  • Robust hardware
  • Easy to install
Key Features
  • Solid range of apps for integration
  • Free mobile app with unlimited user limit
Best For

Customer support

Best For

High-tech system

Best For

Weak signal areas

Best For

Integrated systems

What is GPS Asset Tracking for Construction?

GPS asset tracking will pinpoint exactly where your machinery is. That way, you can be 100% certain that your machinery is in the right place at the right time. And with your GPS tracker keeping tabs on its location, you’ll know if anyone attempts to steal it.

It works when a gadget fitted inside the cab of your vehicle hooks up to an app on your tablet or phone via a cellular network. You can easily locate the vehicle on the app, and it’ll even send you alerts if there’s any unauthorized use.

You can invest in GPS tracking as part of a greater asset management system. So in addition to knowing the whereabouts of your heavy-duty machinery, you can also clue yourself up on the location of handheld tools and your mid-sized machinery, too.

And what does this all mean for you? A whole lot of time gained back and a whole lot of money saved. Investing in construction equipment tracking is a no-brainer.


What is the Best GPS Asset Tracking Software for Construction?

From our extensive research where we compared multiple providers based on price, customer support, features, and customer reviews, we know that the best asset tracking for construction are made by:

  1. Tenna
  2. Verizon Connect
  3. CloudHawk
  4. Asset Panda

This is because the solutions offered by these companies have an edge over other heavy equipment tracking devices on the market. Here’s what makes each one stand out:

Tenna – Best For Customer Support

Quick overview

Tenna has some pretty cool gadgets in its inventory. The one you should be looking at for your construction company is the TennaGo Tracker. According to Tenna, it’s flexible and durable, easy to install, and long-lasting – perfect for full-on construction sites. The device works by connecting to a cellular network, and can also track engine hours, too.

Tenna’s got pretty good ratings across the board when it comes to both the company itself and their products. With its intelligent GPS software and small and mid-size tool tracking solutions, you can rely on Tenna for the complete asset tracking for construction package. However, Tenna isn't the best fit for small businesses as lots of its features are oriented towards larger enterprises. Therefore, if you're looking for an alternative for Tenna, we think Asset Panda is a good match. It has lots of integrations and has a free mobile you can download to keep track of your assets.

Strengths

Mobile and tablet compatible software

Highly rated customer service

Weaknesses

Training required

Lots of features aren't as useful for smaller companies

Verizon Connect – Best For High-Tech System

Quick overview

Verizon GPS technology isn’t just about locating your machinery. In fact, its GPS gadgets have a few additional perks. How about knowing info such as temperature change, vibration levels and door movement? Or how about geofencing? It casts a virtual perimeter around your construction site and will send you an alert if your vehicle crosses it, giving emergency services a huge heads up if someone attempts to steal it.

The company itself is set on developing the latest innovative technology within the asset tracking sector. That being said, users say Verizon’s software is easy to use, which means you can keep training time to a minimum. The unfortunate news is that Verizon's customer reviews aren't the most promising. If you want the reassurance of knowing other users have had good experiences with their asset tracking software, we'd recommend looking at Tenna.

Strengths

Easy-to-install hardware

Expansive wireless network to help you track assets while you're on the move

Weaknesses

Customer reviews are poorer than Tenna

CloudHawk – Best For Weak Signal Areas

Quick overview

Not all construction sites are in the city center. So what happens when you’re working on a project in the middle of nowhere where cell phone signal is weak at best? Fortunately, CloudHawk’s GPS technology is up to the challenge.

Not only this, it’s easy enough to install yourself, clever enough to know when to reduce data transmission, and waterproof enough to attach to the external surface of vehicles in even the bleakest of environments. CloudHawk is a fairly small company, so what you see is what you get. With several of the CloudHawk founders having previously worked for companies as big as Blackberry, you know your large assets are in safe hands.

However, the range of features offered by CloudHawk are not as broad. We'd recommend looking at VerizonConnect or Asset Panda as alternatives if you need a solid arsenal of asset tracking features.

Strengths

Track engine hours

Robust hardware

Easy to install

Weaknesses

Limited range of features

Asset Panda – Best For Integrated Systems

asset panda logo
Asset Panda
Quick overview

When it comes to Asset Panda, the impression on the web is that its customer service is next level. In addition to that, it’s made sure that its GPS asset tracking system ticks all the right boxes. Its mobile app is free and there’s no limit on the number of users, so it’s great for different workforce sizes.

You can also integrate its asset tracking system with a range of apps, including G Suite and Zen Desk. According to Asset Panda, integration with CRM systems such as Salesforce and email marketing app MailChimp are on the horizon, making it ideal for those who want a future-proof system. However, the downside to Asset Panda is that is has no real-time tracking. If this is something you're particularly on the hunt for, we'd recommend looking at Verizon Connect.

Strengths

Solid range of apps for integration

Free mobile app with unlimited user limit

Weaknesses

No real-time tracking ability

Not ideal for powered or high-value assets

Did You Know?

Around 1.1 trillion of dollars of working capital is tied up in inventory, which is equivalent to roughly 7% of US GDP. Therefore, investing in an asset tracking software that can help you keep track of your construction operation is crucial.

How Did We Find The Best Asset Tracking For Construction In 2023?

Our team of independent researchers did a deep dive into the most used and top-rated asset tracking for construction suppliers on the market. After compiling all the needed information, we rated each of the competitors on the following criteria:

  • Price: the provider with the most competitive prices score the highest
  • Features: whichever provider offers the widest range of features rank above those which have a thinner offer
  • Customer Support: we look at the type of features the providers offer to support their customers in case of a project management SOS
  • Customer Score: we aggregate customer reviews from platforms like Trustpilot and Capterra to assure you that our knowledge is not only robust on paper, but also in practice

After factoring in all of the individual scores from these categories, we calculated an overall score for each supplier to help guide your buying decisions.

Expert Verdict

So there you have it! The best provider of asset tracking in the construction arena is Tenna. It boasts an intelligent GPS software and small and mid-size tool tracking solutions that make it a flexible and genuinely useful investment. It also has great customer ratings across the board, which is an indication that real users haven't faced many hiccups when adopting Tenna. However, if Tenna isn't the right fit for your business, you can also take a look at Verizon Connect.  With innovative GPS gadgets that give you extra insights about your assets, you're set to be well in control of your operation.

Although our research points to these as the best options, we understand if you still want to shop around. If this sounds like you, why not use our quick and free quote comparison tool? Just give us a few details about your business and we'll connect you with the providers who can meet your construction asset tracking needs.

FAQs

Can GPS tracking reduce theft?
Installing a hidden GPS tracker in all of your vehicular equipment will help deter thieves from stealing it – much like the soft CCTV warning. And even if they do attempt to steal your equipment, the GPS technology will ensure they don’t get much of a head start – if any.
Does GPS tracking increase efficiency?
Imagine a working day where you’re not calling up your team in a panic asking where your most valuable assets are. When operations happen manually, it only takes one human error for equipment to seemingly go missing. Take the healthcare industry for example – hospital asset tracking software can help doctors find important tools quickly and easily, reducing the time searching around the building while patients are waiting. That's why investing in GPS tracking, plus the automated software, will ensure any action involving your equipment is recorded.
How does asset tracking for construction optimize asset utilization?
Asset tracking software for construction keeps all the information relating to your tools and machinery in one place. In addition to finding out where your equipment is located, you can also keep tabs on usage. This will enable you to look at patterns and use the data to determine whether a piece of equipment may be better utilized elsewhere in your company, or whether you actually need it at all.
Can GPS tracking enhance safety?
Yes! If you invest in asset tracking software for construction, you’ll be able to record data such as service dates, when you need to replace parts, and any tool defects. Some GPS trackers can monitor engine hours, mileage and vibration levels, which will give you greater indication of whether it’s time for your machinery to have a checkup.
Written by:

Dan’s a Senior Writer at Expert Market, specialising in digital marketing, web design, and photocopiers, amongst other topics.