Driving business growth is a top priority for CEO's across hire businesses all over the world; Mckinsey reports that businesses that get analytics and digital right can drive 5 to 10 percent revenue growth within a few months.
Over recent years, telematics has gained increasing popularity amongst rental businesses and has taken the industry by storm. But what is telematics and how can it benefit the rental industry? Formed by the words ‘Telecommunication’ and ‘Informatics’, telematics consists of a wide range of technologies, used together to monitor, transmit and receive fleet related behaviours such as longitude, latitude, machine health, battery life, meter readings, hours of operation and job site safety.
Technology and software sits at the heart of all businesses who want to embrace the digital revolution. The systems, devices and processes we adopt play a huge role in our success. Companies reviewing their IT strategy often have a choice to make between selecting Best of Breed solutions (BoB) or opting for an all incumbent ERP product (All-in-one), a decision of which is just as critical today as it was 20 years ago, a time when rental management software was just finding its way into the mainstream rental market.
GDPR has been a hot topic since its approval and adoption back in April 2016 and has been a key discussion point that the HAE EHA have emphasised at its Trade Fair & Convention and The Showman’s Show.
“Accountability is at the centre of all this” states Elizabeth Denham, Information Commissioner for the ICO, who was named the most influential person in data-driven business in the DataIQ list. That accountability can be the responsibility of many and there are numerous terms and keywords within the General Data Protection Regulation (GDPR) that identify that accountability. To help we have picked a handful of terms which we think are important when researching and preparing for GDPR.
It’s likely you have already heard about the General Data Protection Regulation (GDPR) and have either already started preparing for the change, are wondering how it might affect your business or are questioning what you need to do next… To help, we have put together lots of useful information about how, who and what the changes will impact.
Equipment theft is an ever-present problem rental businesses are faced with. Regularly investing large amounts of money in new equipment and machinery presents numerous risks in itself, let alone adding the worry and burden of equipment being stolen. It’s incredibly important for businesses to consider putting precautions in place to help prevent theft, as well as make it easier to recover equipment.
inspHire is a simple to use, rental and sales management system that provides an extensive set of features for the communications industry.
Tailored to meet the needs of the Oil and Gas Sector, inspHire’s equipment rental software is designed to help companies increase their productivity and help them to compete in today’s highly competitive global market. See below just some of the comprehensive features inspHire has to offer rental companies within this sector: