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How High-Tech Equipment Tracking Is Taking Over Job Sites

from Construction Dive

Forget about Uber. When it comes to innovative vehicle start-ups, the darling of investors is Uptake, a Chicago-based construction equipment telematics firm. Launched by Groupon co-founder Brad Keywell, Uptake was valuated at a unicorn-qualifying $1.1 billion last year. The company claimed $45 million in 2015 investments from backers including Caterpillar who see incredible promise in the tracking and analysis of data from equipment on construction job sites. more

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