Trackunit Grand Gathering Questionnaire

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Trackunit Grand Gathering Questionnaire - Quiz

Dear All,
Welcome to the Trackunit Grand Gathering Questionnaire. All answers can be found in the slides presented during the event: https://trackunit. Atlassian. Net/wiki/x/ZN1n .
Our hope is that the questions will help refresh the content presented during the event and I expect you to complete it by Wednesday next week. I will let you decide what you believe is a good enough score.

You should put 30 minutes aside for this exercise, give it a spin.
Good luck.
Joergen


Questions and Answers
  • 1. 

    What is the vision of Trackunit?

    • A.

      Trackunit is committed to challenge the status quo by introducing technology and services to all parts of the ecosystem from operator to OEM.

    • B.

      Trackunit is committed to accelerate the industry into new innovative and yet unknown dimensions.

    • C.

      Trackunit is committed to bridge the gap between OEMs and Rental companies.

    • D.

      Trackunit is committed to bridge the gap between the people within construction and their real problems.

    Correct Answer
    D. Trackunit is committed to bridge the gap between the people within construction and their real problems.
    Explanation
    Trackunit's vision is to bridge the gap between the people within construction and their real problems. This means that Trackunit aims to understand the challenges and issues faced by those in the construction industry and provide solutions that address these issues effectively. By doing so, Trackunit seeks to improve the overall efficiency and productivity of the construction sector.

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  • 2. 

    What is the mission of Trackunit?

    • A.

      Trackunit is dedicated to challenge the status quo by incrementally improving its existing product portfolio.

    • B.

      Trackunit is dedicated to challenge the status quo by not only incrementally improving its existing hardware and software solution but also radically innovating.

    • C.

      Trackunit is dedicated to challenge the status quo by introducing technology and services to all parts of the ecosystem from operator to OEM.

    • D.

      Trackunit is committed to bridge the gap between the people within construction and their real problems.

    Correct Answer
    C. Trackunit is dedicated to challenge the status quo by introducing technology and services to all parts of the ecosystem from operator to OEM.
    Explanation
    Trackunit's mission is to challenge the status quo by introducing technology and services to all parts of the ecosystem, from the operator to the OEM. This means that Trackunit aims to disrupt the industry by bringing innovative solutions and advancements to every aspect of the construction process. They are committed to bridging the gap between the people within construction and their real problems, using technology and services to create positive change and improve efficiency.

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  • 3. 

    What are the four main pillars of Trackunit’s new visual identity?

    • A.

      Simple, innovative, subtle, flexible

    • B.

      Human, inventive, simple, imaginative

    • C.

      Human, ingenious, simple, flexible

    • D.

      Soft, human, innovative, adjustable

    Correct Answer
    C. Human, ingenious, simple, flexible
    Explanation
    Trackunit's new visual identity is characterized by four main pillars: human, ingenious, simple, and flexible. This means that the brand aims to create a design and image that is relatable and approachable to people (human), while also showcasing creativity and originality (ingenious). The visual identity is also focused on simplicity, ensuring that it is easy to understand and navigate (simple), and it is adaptable and versatile to different contexts and needs (flexible). Overall, these pillars reflect Trackunit's desire to create a visually appealing and user-friendly brand image.

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  • 4. 

    What are the three key marketing milestones Trackunit is introducing in the following months?

    • A.

      PowerPoint, Catalogue, Predict Blog

    • B.

      Website launch, Predict Blog, GO App Campaign

    • C.

      Marketing Store, Exhibition Kit, Flyers

    • D.

      Website launch, Marketing Store, Case Studies

    Correct Answer
    B. Website launch, Predict Blog, GO App Campaign
    Explanation
    Trackunit is introducing three key marketing milestones in the following months: website launch, Predict Blog, and GO App Campaign. These milestones suggest that Trackunit is focusing on expanding its online presence and engaging with its audience through informative content and a new mobile application. The website launch will provide a platform for customers to learn more about the company and its offerings. The Predict Blog will likely feature articles and insights related to the industry and Trackunit's solutions. The GO App Campaign indicates that Trackunit is planning to promote its mobile application, potentially offering new features or enhancements to attract users.

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  • 5. 

    Which industry is the least digitalized (right after Construction) according to a McKinsey (2016) analysis?

    • A.

      Healthcare

    • B.

      Government

    • C.

      Agriculture and hunting

    • D.

      Education

    Correct Answer
    C. Agriculture and hunting
    Explanation
    According to a McKinsey (2016) analysis, the industry that is the least digitalized, right after Construction, is Agriculture and hunting. This means that this industry has made limited progress in adopting digital technologies and integrating them into their operations. The lack of digitalization in this sector could be attributed to various factors such as the traditional nature of farming practices, limited access to technology in rural areas, and the high cost of implementing digital solutions in agriculture.

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  • 6. 

    How much is the average delay of projects beyond original schedule in the construction industry?

    • A.

      80 days

    • B.

      20 weeks

    • C.

      20 months

    • D.

      3 years

    Correct Answer
    C. 20 months
    Explanation
    The average delay of projects beyond the original schedule in the construction industry is 20 months. This means that, on average, construction projects are delayed by 20 months beyond their initial projected completion date. This could be due to various factors such as unforeseen challenges, changes in design or scope, or issues with resource allocation. It highlights the need for better project planning and management in the construction industry to minimize delays and ensure timely completion of projects.

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  • 7. 

    What are the market pain points Trackunit GO is intended to address?

    • A.

      Service management, Machine localization, Insights

    • B.

      Safety and Pre-check, Service management, Operator inefficiency

    • C.

      Safety and Pre-check, Insights, Machine localization

    • D.

      Performance tracking, Machine localization, Service management

    Correct Answer
    A. Service management, Machine localization, Insights
    Explanation
    Trackunit GO is designed to address the pain points of service management, machine localization, and insights in the market. Service management refers to the challenges faced in managing and maintaining equipment and ensuring timely servicing. Machine localization addresses the need to track and locate machines in real-time, which is crucial for effective fleet management. Insights refer to the ability to gather and analyze data from machines to gain valuable insights into their performance and usage patterns. By focusing on these pain points, Trackunit GO aims to provide solutions that improve service management, machine localization, and insights for businesses.

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  • 8. 

    What are the four essential sales tools Trackunit is introducing worldwide in the following months?

    • A.

      Website launch, Case Studies, Catalogue, Exhibition Kit

    • B.

      Website launch, PowerPoint, Case Studies, Catalogue

    • C.

      PowerPoint, Case Studies, Catalogue, Flyers

    • D.

      Stationary, Predict Blog, GO App Campaign, Flyers

    Correct Answer
    C. PowerPoint, Case Studies, Catalogue, Flyers
  • 9. 

    What are the market pain points Trackunit ON is intended to address?

    • A.

      Performance tracking, Downtime, Machine localization

    • B.

      Safety and Pre-check, Monitoring machine health, Downtime

    • C.

      Safety and Pre-check, Performance tracking, Downtime

    • D.

      Influence Operator, Performance tracking, Machine localization

    Correct Answer
    C. Safety and Pre-check, Performance tracking, Downtime
    Explanation
    Trackunit ON is intended to address the market pain points of safety and pre-check, performance tracking, and downtime. This means that the solution aims to improve safety measures and pre-check procedures, track and analyze machine performance, and minimize downtime in order to optimize operations and productivity.

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  • 10. 

    What is the value proposition of Trackunit GO?

    • A.

      Empower Operators by providing a telematics service for easy monitoring of machine health and activity, that encourages preventive maintenance.

    • B.

      Proactively influence the machine Operator, making him better, and safer.

    • C.

      Empower technicians by providing a telematics service for easy monitoring of machine health and activity, that encourages preventive maintenance.

    • D.

      Proactively influence technicians, making telematics service better, and safer.

    Correct Answer
    C. Empower technicians by providing a telematics service for easy monitoring of machine health and activity, that encourages preventive maintenance.
    Explanation
    Trackunit GO provides a telematics service that empowers technicians by allowing them to easily monitor machine health and activity. This service encourages preventive maintenance, which helps to prevent machine breakdowns and prolong machine lifespan. By providing this service, technicians can proactively identify and address potential issues before they become major problems, making the telematics service better and safer for machine operators.

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  • 11. 

    What is the value proposition of Trackunit ON?

    • A.

      Proactively influence technicians, making telematics service better, and safer.

    • B.

      Empower Operators by providing a telematics service for easy monitoring of machine health and activity, that encourages preventive maintenance.

    • C.

      Proactively influence the machine Operator, making him better, and safer.

    • D.

      Empower technicians by providing a telematics service for easy monitoring of machine health and activity, that encourages preventive maintenance.

    Correct Answer
    C. Proactively influence the machine Operator, making him better, and safer.
    Explanation
    The value proposition of Trackunit ON is to proactively influence the machine Operator, making him better, and safer. This means that the telematics service provided by Trackunit ON aims to improve the skills and safety of machine operators by providing them with real-time monitoring of machine health and activity. This allows operators to take preventive maintenance measures and make better decisions while operating the machine, ultimately enhancing their performance and safety.

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  • 12. 

    How do we call our new concept measuring our data foundation and knowledge about a given machine itself introduced in Trackunit Go?

    • A.

      Trackunit Data Score

    • B.

      Trackunit Knowledge Score

    • C.

      Trackunit Maturity Score

    • D.

      The Machine Home

    Correct Answer
    C. Trackunit Maturity Score
    Explanation
    The correct answer is "Trackunit Maturity Score". This term refers to the new concept introduced in Trackunit Go that measures the level of data foundation and knowledge about a given machine. It implies that the score represents the maturity or level of understanding and utilization of data in relation to the machine in question.

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  • 13. 

    What is the motto of Trackunit Manager?

    • A.

      The entire fleet at your fingertips

    • B.

      Gap to be bridged

    • C.

      See the big picture

    • D.

      Our heart and soul

    Correct Answer
    C. See the big picture
    Explanation
    The motto of Trackunit Manager is "See the big picture." This suggests that the focus of the platform is to provide users with a comprehensive and holistic view of their fleet management operations. By emphasizing the importance of seeing the big picture, Trackunit Manager aims to help users gain a deeper understanding of their fleet's performance, identify trends, and make informed decisions to optimize their operations.

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  • 14. 

    What are the two new Trackunit RAW products coming soon?

    • A.

      Scombox II, Scomsense II

    • B.

      Dual-ID II, Beacon 500/1

    • C.

      NB-IoT, Scombox II

    • D.

      No new Trackunit RAW product is on the roadmap

    Correct Answer
    B. Dual-ID II, Beacon 500/1
    Explanation
    The correct answer is Dual-ID II, Beacon 500/1. This is indicated by the fact that the other options do not mention these specific products. Scombox II and Scomsense II are mentioned as one option, NB-IoT and Scombox II are mentioned as another option, and the final option states that no new Trackunit RAW product is on the roadmap. Therefore, the only option that includes Dual-ID II and Beacon 500/1 is the correct answer.

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  • 15. 

    What is the intention of Trackunit with Narrowband-IoT?

    • A.

      To offer a telematics solution for low value & non powered equipment.

    • B.

      To offer a telematics solution for T-1 equipment.

    • C.

      To offer a telematics solution for compact equipment.

    • D.

      To offer a telematics solution for low value & powered equipment.

    Correct Answer
    A. To offer a telematics solution for low value & non powered equipment.
    Explanation
    Trackunit's intention with Narrowband-IoT is to provide a telematics solution specifically designed for low value and non-powered equipment. This means that Trackunit aims to offer a tracking and monitoring system that is suitable for equipment that is not very expensive and does not require a power source to operate. This solution would enable users to keep track of their low value and non-powered equipment, ensuring better management and security.

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  • 16. 

    Which one of the listed technologies is optimized for long range and low cost?

    • A.

      Bluetooth

    • B.

      RFID

    • C.

      5G

    • D.

      Narrowband-IoT

    Correct Answer
    D. Narrowband-IoT
    Explanation
    Narrowband-IoT is optimized for long range and low cost. It is a low-power wide area network (LPWAN) technology specifically designed for the Internet of Things (IoT) devices. It operates on licensed cellular bands, allowing for long-range coverage and penetration through walls and buildings. Narrowband-IoT also offers low power consumption, enabling devices to have long battery life. Additionally, it is a cost-effective solution as it utilizes existing cellular infrastructure, reducing the need for additional infrastructure investments.

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  • 17. 

    How much more security incidents were detected in 2014 than in 2015?

    • A.

      30%

    • B.

      29%

    • C.

      26%

    • D.

      38%

    Correct Answer
    D. 38%
    Explanation
    The correct answer is 38%. This means that there were 38% more security incidents detected in 2014 compared to 2015. This indicates a significant increase in security breaches or incidents during that year.

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  • 18. 

    What does Trackunit Iris offer to you and to all Trackunit customers?

    • A.

      Data safety, Great storage & always availability, Openness empowers our services

    • B.

      Secure platform, Limited storage, Limited availability

    • C.

      Private cloud system, Data safety, Always availability

    • D.

      Reduced downtime, Limited storage, Openness empowers our services

    Correct Answer
    A. Data safety, Great storage & always availability, Openness empowers our services
    Explanation
    Trackunit Iris offers data safety, great storage, and always availability to all Trackunit customers. Additionally, the platform emphasizes openness, which empowers their services. This means that customers can trust that their data is secure, have access to ample storage capacity, and can rely on the platform to be consistently available. Furthermore, the emphasis on openness suggests that Trackunit values transparency and collaboration with their customers, enabling them to provide the best possible service.

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  • 19. 

    Which public cloud service is built Trackunit Iris on?

    • A.

      Microsoft Azure

    • B.

      IBM Soft Layer

    • C.

      Amazon Web Services

    • D.

      Google Cloud Platform

    Correct Answer
    C. Amazon Web Services
    Explanation
    Trackunit Iris is built on Amazon Web Services (AWS) because it is a public cloud service. AWS provides a reliable and scalable infrastructure for Trackunit Iris, allowing it to store and process data efficiently. AWS also offers a wide range of services and features that can be utilized by Trackunit Iris to enhance its functionality and performance. Therefore, AWS is the most suitable public cloud service for hosting Trackunit Iris.

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  • 20. 

    How much can unplanned IT downtime cost per minute?

    • A.

      € 500

    • B.

      € 50

    • C.

      € 5,000

    • D.

      None is correct

    Correct Answer
    C. € 5,000
    Explanation
    Unplanned IT downtime can cost a significant amount of money per minute, and the correct answer is €5,000. This is because when IT systems are down, businesses may experience a loss in productivity, potential revenue, and customer satisfaction. The cost includes factors such as lost sales, employee wages, IT support, and potential damage to the brand's reputation. Therefore, it is crucial for businesses to prevent and minimize unplanned IT downtime to avoid substantial financial losses.

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  • 21. 

    What are the effects of our rapidly changing world that lead us to Software Defined Subscriptions?

    • A.

      Low value services, Increasing competition, Need for flexibility

    • B.

      Changing product mix, Connectivity explosion, Flexibility & low entry

    • C.

      High entry, Changing product mix, Flexibility

    • D.

      Hardware focus, Decreasing competition, Changing product mix

    Correct Answer
    B. Changing product mix, Connectivity explosion, Flexibility & low entry
    Explanation
    The effects of our rapidly changing world, such as the changing product mix, connectivity explosion, and the need for flexibility and low entry, have led to the emergence of Software Defined Subscriptions. As the product mix continues to evolve, businesses are adapting by offering software-based services that can be easily customized and scaled to meet the changing demands of customers. The connectivity explosion, driven by advancements in technology, has created a demand for subscription-based software solutions that can be accessed and utilized from anywhere. Additionally, the need for flexibility and low entry barriers has led to the development of Software Defined Subscriptions, allowing businesses to offer more affordable and adaptable software services to a wider range of customers.

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  • 22. 

    Which one of the previously identified subscription categories has the most features included?

    • A.

      Bronze

    • B.

      Platinum

    • C.

      Gold

    • D.

      Silver

    Correct Answer
    C. Gold
    Explanation
    Gold has the most features included among the previously identified subscription categories.

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  • 23. 

    What kind of tool will be rolled out to assist Trackunit Sales Team in providing tailor-made Software Defined Subscriptions?

    • A.

      There are only Gold-Silver-Bronze packages, that is no room for other tailor-made subscription.

    • B.

      Sales Calculator

    • C.

      The Value Matrix

    • D.

      Trackunit Predict

    Correct Answer
    B. Sales Calculator
    Explanation
    The Sales Calculator tool will be rolled out to assist the Trackunit Sales Team in providing tailor-made Software Defined Subscriptions. This tool will help the team calculate and customize the subscription packages based on the specific needs and requirements of the customers. It will enable them to offer personalized solutions within the existing Gold-Silver-Bronze packages, ensuring a more tailored approach to meet customer demands.

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  • 24. 

    What are the key mission-critical areas where Trackunit Predict can help our customers?

    • A.

      Providing tailor-made Gold, Silver, Bronze packages for Software Defined Subscriptions

    • B.

      Defining the mechanism of the Sales Calculator for Software Defined Subscriptions

    • C.

      Providing data safety, Great storage & always availability, Openness empowers our services

    • D.

      Smart Operations, Remote Diagnostics, Performance Maintanence, Proactive Sales, Design Optimization

    Correct Answer
    D. Smart Operations, Remote Diagnostics, Performance Maintanence, Proactive Sales, Design Optimization
    Explanation
    Trackunit Predict can help customers in key mission-critical areas such as smart operations, remote diagnostics, performance maintenance, proactive sales, and design optimization. By utilizing Trackunit Predict, customers can optimize their operations, remotely diagnose and address issues, maintain performance, proactively drive sales, and improve design efficiency.

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  • 25. 

    What could be crucial advantage of Predictive Maintanence?

    • A.

      E.g. increase in production output, reduction in emissions.

    • B.

      E.g. increased revenue stream through optimized bidding, decrease in fuel consumption.

    • C.

      E.g. increase in uptime, increase in breakdowns.

    • D.

      E.g. increase in uptime, decrease in repair costs.

    Correct Answer
    D. E.g. increase in uptime, decrease in repair costs.
    Explanation
    Predictive maintenance can provide a crucial advantage by increasing uptime and decreasing repair costs. By using data and analytics to predict when equipment is likely to fail, maintenance can be scheduled proactively, minimizing downtime and maximizing productivity. This approach also allows for targeted repairs and replacement of specific components, reducing overall repair costs compared to reactive maintenance where equipment breaks down unexpectedly.

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  • 26. 

    What are the four main pillars of technical and organizational measures related to security by design?

    • A.

      Technological control, Data control, Security check, Physical access

    • B.

      Privacy control, Data control, organizational control, physical access

    • C.

      Physical access, technical access, organizational control, transmission (encryption)

    • D.

      Privacy control, technical access, transmission (encryption), data control

    Correct Answer
    C. Physical access, technical access, organizational control, transmission (encryption)
    Explanation
    The four main pillars of technical and organizational measures related to security by design are physical access, technical access, organizational control, and transmission (encryption). Physical access refers to controlling and securing physical entry to sensitive areas or equipment. Technical access involves implementing measures to restrict unauthorized access to digital systems and networks. Organizational control focuses on establishing policies, procedures, and training to ensure security practices are followed within the organization. Transmission (encryption) refers to protecting the confidentiality and integrity of data during its transmission over networks. These four pillars collectively contribute to a comprehensive security framework.

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  • 27. 

    How many rental company is already customer of Trackunit out of Top 50 European Rentals?

    • A.

      22

    • B.

      6

    • C.

      14

    • D.

      21

    Correct Answer
    D. 21
    Explanation
    Trackunit already has 21 rental companies as customers out of the top 50 European rentals.

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  • 28. 

    What is the relation between sales numbers in Q1 2016 and Q1 2017

    • A.

      Sales numbers in Q1 2017 are 20% higher than in Q1 2016.

    • B.

      Sales numbers in Q1 2017 are 10% lower than in Q1 2016.

    • C.

      Sales numbers in Q1 2017 are 60% higher than in Q1 2016.

    • D.

      Sales numbers in Q1 2017 are 50% higher than in Q1 2016.

    Correct Answer
    C. Sales numbers in Q1 2017 are 60% higher than in Q1 2016.
    Explanation
    The answer states that sales numbers in Q1 2017 are 60% higher than in Q1 2016. This means that the sales numbers in Q1 2017 have increased by 60% compared to the sales numbers in Q1 2016.

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  • 29. 

    Which values define the culture of Trackunit?

    • A.

      Results, care, fun

    • B.

      Customer, care, commit

    • C.

      Care, commit, fun

    • D.

      Responsible, commit, fun

    Correct Answer
    C. Care, commit, fun
    Explanation
    The values that define the culture of Trackunit are care, commit, and fun. This means that the company prioritizes taking care of their customers and showing a strong commitment to their work. Additionally, they believe in creating a fun and enjoyable work environment. These values likely guide the company's actions and decision-making processes, shaping their overall culture and how they interact with both customers and employees.

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  • 30. 

    What kind of differentiation creates competitive advantage at Trackunit?

    • A.

      Product leadership

    • B.

      Operational excellence

    • C.

      Customer centricity

    • D.

      Financial management

    Correct Answer
    C. Customer centricity
    Explanation
    Customer centricity refers to the company's focus on meeting the needs and preferences of its customers. At Trackunit, this kind of differentiation creates a competitive advantage because it allows the company to understand and anticipate customer demands, provide personalized solutions, and deliver exceptional customer experiences. By prioritizing customer satisfaction and building strong relationships, Trackunit can differentiate itself from competitors, attract and retain customers, and ultimately drive business growth.

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