GNSS and Heavy Equipment
By Don Talend
Heavy equipment represents a major capital cost for companies in industries such as construction and agriculture. ln recent years Global Navigation Satellite System (GNSS) technology, which uses signals from US Global Positioning System and the Russian Glonass satellite system constellations, has been used to improve fleet efficiency. Many companies may hesitate to invest in the technology because management is unaware of its benefits. Such hesitation has only increased during the current global economic downturn. However, recent evidence has emerged to demonstrate the measurable impact GNSS technology may have 0n company profits.
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