What is Excavator Index and Its Function

- Dec 03, 2019-

The excavator index refers to the use of big data and the Internet of Things technology to connect a machine with an on-board controller, sensors and wireless communication modules to a large network. Every wave of a shovel and a step of action will form a data trace . Big data accurately depicts infrastructure utilization rates and other conditions, and has become a vane for observing economic changes such as fixed asset investment.

The excavator index was first reported by Xinhua News Agency. Sany Heavy Industry used the index to improve business operations and became the basis for relevant departments to formulate policies.

On the huge screen of Sany Heavy Industry, a data center located in Changsha, Hunan, big data of more than 200,000 construction machinery such as concrete, excavation, hoisting, roads, ports, pile workers, etc. are displayed in real time, an index that reflects economic vitality in real time The map shook suddenly.

This is the "excavator index"-with the help of big data and the Internet of Things technology, a machine is connected to a huge network through on-board controllers, sensors and wireless communication modules. Every wave of a shovel and a step of action is formed. Data trace. Massive machinery application scenarios and operating rates from the front line of real conditions, flowing from the hands of countless grassroots workers, to Sany Heavy Industry, becoming the basis for business operations and transformation; flowing to the desk of the State Council leadership, becoming a pulse of economic trends Reference.

[Excavator said: Road and bridge construction is picking up and new energy engines such as nuclear power and wind power are starting.] The "excavator index" for the first 11 months of this year showed that the reduction in construction time and startup rate of cranes and crawler cranes has narrowed. Cranes are widely used, and crawler cranes are important machinery for wind energy and nuclear power equipment construction and assembly. Pavers and road rollers both increased year-on-year, indicating that road and bridge construction is picking up. The statistics also confirm the "judgment" of the excavator: from January to November 2015, the nation's fixed asset investment (excluding farmers) was 4,978.2 billion yuan. Among them, investment in the road transport industry increased by 17.5%.

[Excavator said: Real estate construction has fallen] Sany ’s concrete machinery market share has exceeded 40%. In the first 11 months of this year, the utilization rate of concrete equipment has fallen sharply year-on-year. Among them, the construction volume of cement mixing stations from January to November fell by more than 30%, which most intuitively reflects the downturn in the real estate construction market. Similarly, the start-up rate and operating time of large excavators used in large mines and coal mines have also declined. "The cement should be used when it is stirred. This data is quite convincing." Said He Dongdong, vice president of Sany Heavy Industry. While real estate starts have declined, there have also been some new and welcome changes. Inner Mongolia's concrete machinery usage ranks lower, but pile driver and pavement construction usage ranks higher, showing that the focus of construction of this traditional resource-based area is focused on adjustment.

[Excavator said: One Belt One Road is working] Data from the first 11 months of this year show that ports and pile equipment have stabilized and warmed up, and the Belt and Road and high-speed rail and highway network construction are underway. The operating rate of machinery facilities such as reach cranes and stackers used in port containers fluctuated slightly, indicating that imports and exports were still falling, but the decline was significantly narrowed. Driven by the concept of the Belt and Road Initiative, the use of pile driving machinery applied to rail transit such as subways and urban railways has increased, highlighting the popularity of rail transit. The workload of high-speed rail and road network equipment in the Belt and Road radiation zone is significantly higher than in other places.

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