syniotec develops AI-driven software and IoT solutions for the construction industry, enabling real-time tracking and management of equipment and personnel. Their technology reduces time spent on fleet management and technical checks, enhancing operational efficiency and transparency for construction companies.
Funding
$3.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Construction companies often struggle with inefficient processes for managing equipment, personnel, and projects, leading to wasted time, increased costs, and a lack of transparency across operations. Traditional methods rely on manual tracking and communication, making it difficult to maintain an accurate overview of resources and project status.
Solution
syniotec offers an AI-driven software and telematics solution designed to streamline construction operations by providing real-time tracking and management of equipment and personnel. The platform, comprised of the Smart Asset Manager (SAM) and Rental Asset Manager (RAM) software, coupled with IoT devices, enables construction companies and rental businesses to digitize and automate processes, creating transparency and improving efficiency. syniotec's solutions facilitate comprehensive personnel and transport organization, automated billing, and AI-supported handover protocols. By integrating IoT devices, the platform visualizes critical machine data directly within the SAM and RAM interfaces, offering a comprehensive solution for managing construction resources.
Target Audience
syniotec primarily targets construction companies and construction machinery rental businesses seeking to enhance operational efficiency, improve resource management, and gain real-time visibility across their projects and equipment fleets.
Features
- Comprehensive personnel organization and transport management
- Automated billing of devices on construction sites
- Digital management of projects, equipment, personnel, and tasks from any location
- Planning and monitoring of rentals with customer profiles containing all relevant data
- AI-supported handover protocols for construction equipment rental and sales
- IoT devices for optimal tracking and fleet management, visualizing machine data directly in SAM & RAM
- Manufacturer-independent IoT networking for simplified location management
- Digital inspection reports for streamlined technical checks
- Real-time GPS positioning for equipment
- Geofencing capabilities for equipment and storage spaces
- Mobile application for flexible access to the platform
- Integration with third-party systems for automated data transfers, including ERP systems and telematics systems