Theft of heavy equipment costing construction industry millions 

 

FACTS:

  • Construction equipment theft is big business in Canada. Thieves are stealing everything from front-end loaders to bulldozers. The cost to the industry in Ontario alone, according to the OSWCA, is enormous

 

  • This increase has been so dramatic that some contractors are having difficulty finding insurance. According to the National Equipment Register, the value of construction equipment stolen each year throughout Canada (equipment only, excluding tools and building materials) is somewhere between $300 million and $1 billion

 

  • “It really does hurt the construction company, but also the owner and homeowner and the building owner, because these are pieces of equipment that need to be replaced, which adds time [to the construction schedule],” said Jeff Morrison of the Canadian Construction Association

 

  • A recent independent survey of 100 construction companies, showed that most companies had at least 2 thefts per year, with costs per theft averaging from $25,900 for licensed vehicles to $1,600 for tools

 

  • Anti -theft measures involves systems to monitor and control costly equipment, such as:
    • GPS Tracking systems
    • Engine immobilizers
    • Starter disabler to prevent “hot wiring”
    • Geo fencing systems

 

 

HORIZON’s THEFT RECOVERY SOLUTION:

How does it work?

  • Alert / Notification sent via SMS and or E-mail when the ignition is turned on
  • Track your equipment, Access to monitoring platform anywhere, anytime / Locate on Demand
  • Remote Starter Disable/Enable Feature, can also be applied when equipment is not scheduled for use.
  • Additional Included Features:
    • Moving with ignition Off (Towing)
    • Battery Disconnect/Reconnect

 

 

Auto theft on the rise, up 29% in Toronto area

 

FACTS:

 

  • A local Toronto car dealership selling new Lexus vehicles asked his company to install tracking systems on all high-end SUVs because so many of their vehicles are being stolen.

 

 

  • Nearly 74,000 vehicles were stolen across Canada in 2014, according to Statistics Canada. But the case of thrill-seekers stealing cars with a screwdriver is becoming a thing of the past

 

  • Police say thieves are using more sophisticated tools and techniques to break into vehicles. Luxury vehicles such as Lexus, Mercedes and Land Rover have been the main targets

 

  • Investigators say the best method to prevent your vehicle from being stolen is to install “target harden” anti-theft devices such as remote ignition kill switches, or car immobilizers.

 

  • “Most of these electronic overrides of luxury automobiles occur at the home and they occur overnight, 2 or 3 in the morning.

 

HORIZON’s THEFT RECOVERY SOLUTION:

How does it work?

  • Alert / Notification sent via SMS and or E-mail when the ignition is turned on
  • Track your vehicle, Access to monitoring platform anywhere, anytime / Locate on Demand
  • Remote Starter Disable/Enable Feature (When Vehicle Ignition is in the off position)
  • Additional Included Features:
    • Moving with ignition (Towing)
    • Battery Disconnect/Reconnect

 

Why Is It So Hard to Invest in Technology?

Full article here

GPS Tracking is such an effective way of improving the bottom line yet some companies are ignoring it’s benefits?

Using technology in the construction industry FULL ARTICLE HERE

 

Is the Internet of Things a Reality for the Electrical Industry?

It almost feels as if the world is evolving faster than the speed of light, with more and more people and businesses embracing new technology. So, the question is: Is the Internet of Things (IoT) a reality for the modern-day electrical contractor? This answer is yes, absolutely! FULL ARTICLE HERE

Smart Factories Could Add $500 Billion to Global Economy in 5 Years

By now it is pretty much common knowledge that by using digital technologies like IoT, big data analytics, AI, advanced robotics and 3D printing, manufacturers will increase not only efficiency and productivity but revenues as well.

click on image for full article

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