ENO8 > Case Studies > Solution Snapshot

Solution Snapshot

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 Solution Snapshot - IoT ONE Case Study
Technology Category
  • Functional Applications - Fleet Management Systems (FMS)
  • Functional Applications - Inventory Management Systems
Applicable Industries
  • Construction & Infrastructure
Applicable Functions
  • Business Operation
Use Cases
  • Fleet Management
  • Inventory Management
Services
  • Software Design & Engineering Services
The Challenge

ProsRent’s two primary advantages are

  1. an innovative, market-altering idea, and
  2. a first-mover advantage.

Obviously, the hope is that that first-mover advantage, paired with its strong founding team, will translate into a superior product and dominant market share before any other companies try to enter the market. The challenge, then, was to produce a minimum viable product that was fast and first to market but also strong enough to engender loyalty and repeat business from the target market.

The Customer
About The Customer

ProsRent is a construction equipment and services marketplace for renters, suppliers, and manufacturers.

ProsRent took “Best Financial Opportunity” and “Best Pitch” at CodeLaunch 2016, which is an “event aimed at giving tech startups in the Midwest the opportunity to pitch and meet with potential partners and investors.” The idea? Revolutionize how construction professionals source and rent necessary heavy equipment.

The Solution

ENO8 built an end-to-end rental platform servicing suppliers and renters alike. It begins with a supplier portal that makes it easy to list, price, and track inventory available for rent. Built into that platform comes inventory management; roles-based permissions for different platform users; a powerful dashboard; dynamic pricing schedules the suppliers can set, modify or program to change based on market conditions; and a responsive web application, all linked to the same platform architecture, meaning renters can access your fleet from anywhere and you can update your inventory from anywhere too.

For renters, it completely revolutionizes their day-to-day work experience. Powerful searching capabilities provide any and all renters a snapshot into the local/regional/national rental market at any given time. It puts far more vendors into play for rental sourcing without them having to call around or inquire yard-by-yard for availability. It allows renters to get exactly what they need, with search specifications like preferred drivetrain, undercarriage, operating capacity, horsepower, etc. The platform also provides complete transparency in pricing and access to a much larger fleet of machinery. Furthermore, it will remove the need to open individualized accounts with every vendor or pay upfront by standardizing the interaction relationship.

Operational Impact
  • [Efficiency Improvement - Inventory Management]

    ENO8 built an end-to-end rental platform servicing suppliers and renters alike. It begins with a supplier portal that makes it easy to list, price and track inventory available for rent.

  • [Efficiency Improvement - Time To Market]

    The team behind the company won a startup competition and needed help turning that seed money into a minimum viable product to get to market as quickly and efficiently as possible. 

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