ShareMat launches system to maximise use of equipment

French start-up ShareMat has launched ShareMat Rent – a system to enable equipment owners to rent their machines when not in use. The system comprises a small location and operation detection and transmitting device and a software platform to manage the rental arrangements. ShareMat already offers ShareMat Fleet – a fleet management system that employs its device. More than 10 customers are currently using the system to manage around 300 pieces of equipment. It costs €200 for a device and to set it up on
April 24, 2018 Read time: 2 mins
Jean-Luc Firmin, president and CEO of ShareMat
French start-up 8762 ShareMat has launched ShareMat Rent – a  system to enable equipment owners to rent their machines when not in use. The system comprises a small location and operation detection and transmitting device and a software platform to manage the rental arrangements.


ShareMat already offers ShareMat Fleet – a fleet management system that employs its device. More than 10 customers are currently using the system to manage around 300 pieces of equipment. It costs €200 for a device and to set it up on the ShareMat system.

ShareMat Rent extends the system to organisations that want to get more value from under-used equipment. Organisations can advertise the availability of their equipment on a public or private network. ShareMat manages the rental transactions, including payments and insurance, for which it takes a fee per transaction.   

Many equipment owners are already familiar with digital sharing arrangements through systems such as Airbnb. “If you know where your equipment is then you can rent it when you are not using it,” said Jean-Luc Firmin, president and chief executive officer of ShareMat. This can lower the cost of ownership of equipment, potentially provide profits and improve corporate responsibility by maximising use of resources, he added.

For more information on companies in this article

Related Content

  • Road user subscriptions will fund the road ecosystems of the future says ERF Lab
    December 14, 2018
    The highway of the future will not be a physical asset created and maintained by the construction industry … it will increasingly be seen as part of an emerging global services sector. “Every day we hear about Mobility as a Service (MaaS), but what about Roads as a Service?” says Christophe Nicodème, general director of the European Union Road Federation (ERF). “The role of the road is changing. We need to think much more carefully about planning (highway) infrastructure in terms of people’s needs. We must
    Read More
  • From managed asset to service provider: the future highway
    May 20, 2019
    Every day we hear about Mobility as a Service (MaaS), but what about Roads as a Service? Geoff Hadwick reports from the ERF in Brussels The familiar physical asset called the road will increasingly be seen as part of an emerging global services sector. Given that, the role of the road is changing, notes Christophe Nicodème, general director of the European Union Road Federation (ERF). We need to think much more carefully about planning highway infrastructure in terms of people’s needs, said Nicodème,
    Read More
  • Don't buy, subscribe instead... and stay ahead of the pack
    September 19, 2024
    The traditional way of doing things is to own the construction equipment you need on site. You can buy, or you can rent. You mix and match your technology needs with what is happening on site and your costs go up and down accordingly. However, a new model is emerging: Subscriptions. Take out a flat-fee plan and let someone else make sure you can get access to the latest thinking and the cleverest technology. Pete Kennedy reports.
    Read More
  • The use of telematics in construction machines is growing
    May 20, 2015
    Demand for telematics technology is growing, as equipment users begin to lean the value of these systems – Alan Dron reports With construction projects increasingly operating to wafer-thin profit margins, any technological assistance that can keep the accounts in the black is welcome. This is particularly the case with those projects where contractors can share a larger slice of the profits if they complete their work ahead of schedule. The downside, of course, is that they also share the pain if the
    Read More

Highlighted Content