Predictive Analytics for a More Profitable Construction Equipment Rental Business


The construction industry is in the midst of a digital transformation, with 89% of experts predicting that the current wave of technological innovation will completely change the face of the industry in the coming years. Many companies struggle with selecting and implementing new technologies but choosing the right platform can be a business-changing choice. By choosing a partner such as Rental360 construction companies can ensure they are on the right side of the digital transformation, arming themselves with tools needed to optimize efficiency and profit.


Monitoring and Maintenance Made Easy

Construction equipment is often subject to strict, regular maintenance schedules in order to stay operational. Monitoring the status of each piece of equipment on a construction project can be time consuming and costly, especially when done on a legacy system. Rental360 offers construction companies an all-in-one solution for monitoring and maintaining equipment, eliminating the need for multiple systems, and allowing users to have access to up-to-date data on parts, maintenance, and equipment history on any device at any time thanks to its cloud-based nature. These tools allow companies to keep equipment operating at high level for longer, increasing the lifespan of equipment.


Analytics Make the Difference

Many construction companies, mired in an “old school” mindset, are hesitant to employ analytics. Companies that invest in a modern, agile solution such as Rental360, however, can harness the power of analytics to take their business to the next level. With Rental360’s real time data visibility companies can better predict operational capacity, efficiency, and costs. This information is streamlined through Rental360’s user-friendly user experience, meaning that there is no need for a dedicated analytics team- the information is available to all users, easy to understand, and constantly updated.

Learn more with the Rental Insights Guide Here

By embracing a modern, cloud-based ERP system such as Rental360, construction companies can embrace the digital transformation and place themselves squarely at the front of the pack. With real-time, in-depth data visibility through the cloud Rental360 arms businesses with all the information they need to maximize efficiency and profit across the board- from maintenance monitoring to billing to site management.

See Rental360 in this on-demand webinar