The construction industry is now ready for fundamental changes that improve productivity and safety. IoT based RTLS technology today allows execution of simple low-power sensors that are able to communicate cost-effectively and let users know what is happening at every stage of the construction process, right from initial planning to actual construction. Real-time insights on how the tools are utilised during the construction, helps continuously streamline processes that enable increased operational efficiencies and improved responsiveness to the increasing demands of the industry.