ToolWatch Acquires Safety Reports: Innovating Toward a Safer Construction Industry
ToolWatch Acquires Safety Reports: Innovating Toward a Safer Construction IndustryAt ToolWatch we have over 30 years of experience working in and helping people from all over the construction industry. In that time we’ve come to understand that safety is not only an important part of construction operations, but it is also a value that must be enacted every day throughout every department, job-site, and project. That's why we are so excited to announce that ToolWatch has acquired Safety Reports, an innovator in mobile safety management and compliance solutions. With the addition of Safety Reports solutions, ToolWatch has taken a significant step forward in providing our users with the most efficient, cost-effective, and safest construction operations offering in the industry today.
The OpportunityConstruction work includes inherent risks, which is why safety is such an important component of properly running a company. The industry consistently tops the Occupational Health and Safety Administration’s rankings for workplace accidents, recording about one of every five worker deaths each year. According to OSHA’s reports, there were 976 construction fatalities in 2020, and construction laborers ranked fifth highest in worker injuries with about 250 incidents per 10,000 workers.
It is common for construction workers to engage in activities that expose them to serious hazards, such as falling from rooftops, unguarded machinery, being struck by heavy construction equipment, electrocutions, silica dust, and asbestos. And the injury and death rates have remained largely unchanged in recent years, highlighting the need for safety improvements across the board. This is why it is essential for modern construction companies to not only treat safety as a key component of operations but also ensure that safety is a cultural value that runs throughout every job site, meeting, and team within an organization.
How ToolWatch is HelpingHere at ToolWatch, we want to be part of the solution. As you might have already read, this year we acquired Safety Reports.com, Inc., an innovator in mobile safety management and compliance solutions for construction, manufacturing, and other high-risk environments. Since 2011, Safety Reports has worked with customers throughout North America to create safe and compliant worksites, and its customers have created over 20 million safety observations.
Safety Reports' suite of applications is ideal for the construction industry, where safety professionals are not always on-site with the front-line workers, who are in active, ever-changing field conditions. The safety platform helps customers maintain compliance with key regulatory bodies, such as OSHA, and manage operational risks by enabling users to perform safety audits and job site inspections, track employee training, identify compliance gaps, meet reporting deadlines, document incidents, and verify corrective actions.
Good For Employees, Good For Businesses
ToolWatch’s acquisition of Safety Reports was a natural extension for us as we continue to innovate and expand our industry-leading tool and equipment management platform to offer a more comprehensive solution for our customers to manage their construction operations broadly. And no space is more mission-critical than safety performance, reporting, and compliance, particularly as the pace of infrastructure improvement projects pick up across the nation.
With the tools offered by Safety Reports, not only will construction companies take better care of their most important resource, their people, but they will also reduce operational costs associated with safety violations, and more importantly gain a competitive advantage by building and maintaining a reputation as a world-class construction company.
We are thrilled to welcome the Safety Reports team to the ToolWatch family, and we look forward to working with them to continue developing innovative product enhancements that will deliver the best possible products and services for our customers for many years to come.
If you would like to hear more about the industry-leading safety applications being offered by Safety Reports along with the recent updates that have been released for ToolWatch, reach out to one of our product experts today.