IoT based equipment rental monitoring solution to manage rental inventory, equipment, service, billing, and invoicing

US based 60 year old heavy equipment rental agency

Solution Highlights

  • Equipment Spatial tracking – GPS location (track equipment location by jobsite or as added security feature)-Virtual fences and after-hours security alerts
  • Forecasting equipment servicing and repairs
  • 17% improvement in equipment utilization and uptime
  • 23% increase in revenue by optimizing the pay-when-used cycle

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