How Equipment Rentals & Services Business benefit from Automation

KreyonAMS(Asset Management system), Digitisation, Digitization, Field Service Automation0 Comment
Equipment Rentals & Services Business
Equipment Rentals & Services Business

As per Statista, the equipment rental business in the US alone is projected to be $54.36 billion in 2019. By 2021, the equipment rental business is forecasted to be $59.4 billion.

The equipment rental business is quite huge and growing at a steady pace. The construction and machine rentals are transitioning their business models. The automation of leasing equipment and use of subscription based models are hailed by rental companies.

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Field Service Automation for Business Growth and productivity

KreyonField Service Automation0 Comment

Automation-for-Business-Growth

Only 13% executives are satisfied with the performance of their field service operations, as per a study conducted by IDC. 54% of them admitted suffering from poorly designed business process services. The biggest challenge for businesses is not competitors but their own inefficiencies. With the growing competition from unknown corners, the organisations are looking at different avenues to refine and improve their services. Field Service Automation is an area where companies are looking to improve co-ordination of their sales, service information with realtime communication. The field service team typically uses a mobile device, or a handheld system to capture data from the client side, the data is then sent to the centralised system realtime.

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