Ayush Natani elaborates on the features and benefits of the newly launched Mobile App Gizmotab in equipment rentals.
An important truth of life is that it is constantly changing and evolving, and is difficult to keep a hold on it. But a right decision at the right time can turn your 'work in progress' to 'good to go'. Technology plays a vital role here as it is now a major part of our society and our foreseeable future. Technology refers to the use of tools, machines, materials, techniques and sources of power to make work easier and more productive. Heavy equipment have changed the way we live. They have made our life stronger, better and long-lasting. Yet we are often caught up with the same question, whether to buy or rent heavy machinery? Here is the solution, there are more pros than cons of renting heavy equipment.
Renting: A viable option
Renting is a method of acquiring the equipment for a shorter duration. It is an alternative to direct ownership. Here are a few reasons why one should rent than buying heavy machinery. When you buy a heavy equipment, you are responsible for transporting, maintaining, repairing and storing the equipment. Many of the problems associated with buying equipment are primarily to do with space which the equipment occupies and also its size. Then, operator cost is one of the challenges buyers have to face. Renting helps one to skip the EMI and tax paying process since rental companies cover these cost making it cost-effective for one to rent. Maintenance costs are another reason people choose to rent heavy equipment. Renting makes one free from bothering about breakdowns, costly repairs, maintenance and upkeep of the machinery. One has access to a broader range of equipment at all times. Lower initial investment and delivery of machines on time is another advantage. Renting gives an opportunity to try out the equipment before making a purchase. Rental period can be a day, a week or a month and may go up to many years.
The heavy equipment companies face certain challenges to achieve its full potential. The emergence of foreign construction equipment manufacturers in India has forced domestic players to meet global standards. There is a lack of qualified workers. Availability of trained manpower, skilled operators and workers to operate heavy machinery is a huge issue. Inconsistency resulting into market fluctuation, getting the right equipment in good condition at the right time and right place, and delayed payments to suppliers are some of the factors that are affecting the heavy equipment business in India. Renting equipment is a suitable option to reduce heavy investment on equipment.
Mobile app: A new platform
Life is largely a matter of expectation. Rightly said by Horace, I think expectations are ultimately what creates our experience. Your expectations are our priority. At Gizmotab, we are launching our mobile app where customer can find exactly what he is looking for regarding heavy rental equipment. Gizmotab offers a one-stop solution for renting the latest well-maintained equipment and experienced, trained and skilled operators along with the equipment on rent. Gizmotab is a platform where one can view all the equipment prices at one go. Why engage in long tedious calls with various equipment companies, when all you need to know is just a tap away. Renting makes sense when you need equipment for a one-off job. If you are expanding your business and moving from one city to another, the new Gizmotab mobile app is helpful. Rather than contacting tonnes of dealers in the new city, one can hire equipment through this app just like the old times. And the equipment will be provided from the nearest possible place. A multi-purpose piece of equipment such as excavator, crane, backhoe loader, forklift etc, that can be used for various projects is a great asset on any job site. At Gizmotab, a customer is assured of the youngest machines in the industry, less than or up to four years old. Some additional features of the app are: tracking of machine in real time, report in star rating, on-time delivery of machines, view ongoing service images every hour, use geo-fencing to track the entry and exit of operators and equipment to customer's premises, extended booking options, operator training sessions to boost productivity, flexible payment options, and browse machines by category, functionality, and brand names.
New features to be included soon are: IOT/artificial intelligence, which extracts all the information through OBD. This will give the operator access to the status of the machine. Other features of the app are:
Renting machines along with such features is not an easy task. Thus, it becomes important to choose the right rental company for the industrial operations. The invention of such machines has bestowed common men with Aladdin's magic lamp. Its achievements are too many and too fantastic and the best are yet to come, only sky is the limit. Take, for example, the excavators. They lift or dig anything and everything. Make sure you have the right rented machinery at your work site. They go a long way in ensuring a good bottom line for your business. Quality and efficient equipment form the backbone of all construction activities. So, one must rent them from a reliable source.
The author is Co-Founder of Gizmotab.