Equipment tracking in the construction industry plays a crucial role in enhancing productivity and reducing costs. By using IoT-based tracking systems, companies can monitor the real-time location, usage, and condition of their equipment. This enables better asset management, as construction managers can optimize equipment allocation, minimize idle time, and prevent unauthorized use. Additionally, tracking equipment health allows for predictive maintenance, which helps prevent breakdowns and extends asset lifespan. The data collected also supports compliance with safety regulations and provides insights for improved project planning. Overall, equipment tracking contributes to streamlined operations, improved efficiency, and significant cost savings for construction companies.