Industry digitalisation analysis

Numericization of building machinery and equipment leases

Only timely equipment is offered for rent

Digital maturity

Typical digital maturity

Shows the level of digitalisation companies in this line of business typically operate at.

The assessment considers use of core systems, how far processes are digitalised, integrations, data readiness and advanced use of data.

A 3 means ordinary, middling maturity. A 5 is given only where real-time data, automated decisions and advanced optimisation are already a routine part of core operations.

medium
Digitalisation potential

Digitalisation potential

Shows the scale of business impact digitalisation could have in this line of business.

It weighs economic leverage, the scope for digital impact, the scale and repetition of processes, value lost today, and the leverage of better data and decisions.

A business area’s score is calculated from five weighted dimensions. A sector’s score is derived from the scores of its business areas.

76/100
Biggest challenge
Technical availability is inaccurate
Biggest opportunity
Timely Equipment Reserving

Operating model

The rental schedule includes not only the equipment transferred to the customer, but also transportation, inspections and repairs. Accessories and conditions of work at the facility are additionally important for special equipment.

Heavy equipment rental

A specific facility with the necessary accessories is reserved for the customer. The lease schedule provides for its delivery, return and maintenance.

Rent of tools and small equipment

Equipment is often issued for short periods of time through a service location. The worker checks the tool, its accessories and the returned kit.

Specialized machinery rentals

Equipment is selected according to a specific task and working conditions. Its suitability, accessories and checks performed are checked; its working hours are also compatible with the operator service.

Supply of scaffolding, formwork and other quantity rented equipment

An agreed set of elements is supplied to the object, sometimes in several stages. The returned equipment is counted in parts, capturing what remains of the client.

Market context

The technical landlord sells the ability to use ready-made equipment at a specific time. The returned equipment may still wait for cleaning, inspection or repair, so physical presence at the base does not always mean availability. It is important for the customer to get the right equipment on time and understand the terms of transfer and return.

  • Equipment availability for the scheduled dateReservations require an assessment of the end, condition, set-up and transport of the previous lease.
  • Accuracy of returnsMissing attachments and unrecorded violations make settlement and preparation for other leases more difficult.

Workflow and responsibilities

01

The Right Need for Task

Compatible equipment, accessories, quantity, period and object conditions.

02

Ongoing Reservation

Checks future readiness, impact of other orders and real delivery capacity.

03

Actual issue

The transferred unit or set is approved and its recorded condition.

04

Returns and Preparation

After the amount returned and its condition is confirmed, the remaining rentals and equipment prepared for other orders are renewed.

05

Verifying the rental economy

Contract time, income and selected costs are compared separately from working hours.

Digital maturity scale

1

Separate records and manual work

Information is mainly held in separate files or notes. Employees pass it on and reconcile it manually.

2

Organised data within individual teams

Teams record their work consistently, but sharing information with colleagues still requires considerable manual checking.

3

Partially integrated systems

Core work is managed in systems. Some information is transferred automatically, but repeated data entry remains.

4

Coordinated systems and teams

Systems deliver the required data on time. Employees can see unfinished work and know who is responsible for resolving discrepancies.

5

Continuous measurement and improvement

The team checks data quality, evaluates results and uses them to improve operations. Automation is applied where its value can be demonstrated.

Executive conclusion

The booking needs to be checked against the actual time of preparation. Transfer and return of the recorded condition helps to plan for other leases and deal with discrepancies.

Related digitalisation topics

Digitalization solutions: renting construction equipment and equipmentDigitization of processesData analytics

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