Related Links: ENR: Cellphone Nanny Alerts Snap-on Employs Imaging Technology To better manage equipment fleets and cut costs, contractors are increasingly using telematics technology, which blends on-board instrumentation and Internet computing. The recession has forced firms to do more with less, fueling innovation to remain competitive. Telematics has become a digital-age toolbox for succeeding in today's tight economy.Just ask Jeff Ciampa. As operations manager for Aggregate Industries' Northeast region, he processes 23,000 invoices annually from 120 vendors that transport building materials on the company's behalf. Ciampa has reduced paperwork by 70% by combining a global positioning system with payroll accounting
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.