Application

Rental Equipment Management System (REMS™). By taking advantage of new technologies such as GPS and wireless data transmission, this management system can help operators gain control over their rental equipment, operations and customers, improving management and protection of the rental assets.

REMS™ Solution Overview

REMS™ is a complete end-to-end solution designed for the Rental Business. The complete deployment consists of the hardware installation, network activation and software access that are completely handled by ELUTIONS, from start to on-going support:

Hardware
- For each asset, REMS™ has an iR1600 GPS-enabled wireless modem with onboard I/O, ignition control hardware, and fuel level monitoring
- Hardware is mounted in a rugged enclosure and connects to the asset’s electrical system and periodically reports information back to the hosted server (e.g. position, fuel level, usage hours).
Network – Information is transmitted back and forth over the Sprint/Nextel cellular network with the ELUTIONS application server which:
- Monitors, alarms and presents the information in a browser-accessible form
- Makes appropriate decisions based on user requirements to perform actions including alarming, notification, and control actions
REMS™ software
- Secure web-based application
- Includes features of mapping, geo-fencing and dispatching, as well as management features of asset monitoring and control.
- Any authorized user can log in from an internet browser to manage rental assets, view locations, view alarms, monitor key parameters, and take control if needed.

Solution for Heavy Tools and Equipment for Rent

The challenge for rental companies is to gain competitive advantage, improve revenues, and improve financial results all along the rental company business process. REMS™ fulfills this vision by:

Accelerating billing via real time usage monitoring for monthly or weekly billing
Protecting equipment from theft and other nuisances.
Proactively identifying service and maintenance needs.
- Improving customer service levels by quickly locating and assigning assets that are ready (fueled and serviced) from different yards
Asset Performance Management - Tracking and monitoring assets during the rental deployment to:
- Minimize asset exposure to theft, unauthorized movement, and tampering
- Accurately determine per-day usage so that over-use surcharges happen
- Read usage meter remotely for accurate invoicing without manual reading
- Trigger maintenance based on monitored usage rather than when the asset unexpectedly fails
- Disable use of the asset upon rental contract breach (payment, location, usage) or upon unauthorized third party intervention (tampering, theft)
Creating or enhancing new business opportunities
- Facilitate financing the sale of used equipment – asset location is always known (bank and insurance company risk is curtailed).
- Build a “fuel services” business – remote fuel level monitoring enables a new service to replenish assets during off hours (e.g. night)
- Provide monitoring services to customers – so larger rental customers who are renting many assets can view REMS™ information for themselves