There is huge waste and inefficiency on today’s construction sites that software, data and devices are well-suited to eliminate.
French startup Hiboo — which provides a platform to help companies manage heavy equipment, trucks and vehicles — found that across 15k pieces of equipment that it tracks, there’s on average a 40% rate of ‘idling’: meaning engines are on but the equipment is not being used.
“That’s a huge amount of time spent doing nothing,” says Charles Bénard, Hiboo’s cofounder. “At the end of the year if you take a fleet of 50, it’s a million dollars saved and hundreds of tons of CO₂ avoided.”
