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

  • IBM and EKZ exploring balanced EV charging
    April 26, 2012
    IBM Research has teamed with EKZ, the electricity utility provider of the Canton of Zurich in Switzerland, on a new pilot project that will allow consumers to conveniently charge electric vehicles and monitor their energy costs, using mobile devices. This near real-time information will also help utility providers better manage power grid loads during peak charging times, a challenge that is set to grow as more electric vehicles are on the road. The pilot is using onboard devices fitted in several vehicl
    Read More
  • Connected Tech for Construction Continuity
    December 11, 2020
    No one could have predicted the situation we found ourselves in in 2020, with a global pandemic bringing the economy to its knees, projects delayed overnight, rapid restarts, remote management, and challenging labor dynamics.
    Read More
  • Rapid adoption of GPS machine control
    February 10, 2012
    The high sophistication of GPS machine control systems has resulted in a fast pace of technological advancement. The three major players in the machine control sector, Leica Geosystems, Topcon and Trimble have all made major gains in recent years. The sophistication of the latest systems can combine satellite position data from the GPS and GLONASS networks with information from total stations to provide precise, high speed machine operation. Further more the firms have also prepared themselves for the intro
    Read More
  • Astec Industries CEO and president Ben Brock says stay focused and true to win
    July 8, 2016
    Core values, constant innovation and looking after the customer are the key drivers for Ben Brock, chief executive officer and president of Astec Industries. How does he keep his company ahead of the pack and what does he think that the future holds? if you ask Ben Brock to explain how his Astec Industries group has managed to do so well for so long, he doesn’t even pause for breath. “That’s easy, I thank the good doctor. He always told me: do good work and take care of the customer ... which is exactl
    Read More

Highlighted Content