MachineMax Equipment Management Platform provides unique value to end users by improving their operational efficiency and productivity
London, 3 November 2020 / PRNewswire / – Based on their recent analysis of the European equipment management platform for the off-highway fleet and heavy machinery market, Frost and Sullivan recognizes MachineMax With the 2020 European Entrepreneur Company of the Year Award. Its focus on personalized, intelligent and easy-to-install solutions has in a short time helped to make it a distinct identity in the market. It is one of the fastest growing companies offering equipment management solutions Europe. MachineMax’s unique product, the value it generates, and superior customer service are expected to drive its continued growth in the future.
“MachineMax provides telematics for off-highway fleets and asset utilization analysis for heavy machinery to help customers maximize their asset profitability and productivity. Nandini Natarajan industry analyst said that its ground-breaking equipment management platform attracted the business of the top 30 companies located across the globe within two years of its inception. “Digital platforms help heavy industries optimize asset utilization. Its wireless sensors measure machine vibration and use AI to analyze and interpret machine usage data. It transfers this data to the cloud to deliver real-time information to machine operators located around the world. Both on-site decision makers and global managers can track or monitor these machines and get a holistic view of where and how they are being used. “
The biggest advantage of the MachineMax solution is that it uses non-invasive sensors. This allows end-users to benefit from the benefits of an asset management solution without compromising the security of their data. In addition, these sensors have an independent power source which means that they can be mounted directly on machines and immediately start tracking the use of machines. The hardware connects to any device using a powerful magnet, which makes installation very easy. The software setup also takes within a minute and a cloud-based solution enables real-time monitoring of asset status and performance. This plug-and-play feature is a significant differentiator for the company.
MachineMax is expanding the way it can be delivered to end customers. It offers its solution through a per-device-per-month subscription model, which allows customers to use only the solutions needed for their business and with an ease that is not possible when setting up a competition solution is. In addition, the company has a team of technical experts who provide online technical support and detailed information about its offerings. Since starting in 2018, MachineMax has been deployed in more than 10 countries worldwide and has received extremely positive product feedback from customers.
“The goal of MachineMax was to meet workforce-related challenges and bring substantial changes in heavy industries,” said Natarajan. “It has already included some of the top companies for its customers. Flannery Plant Hire, JSW, Ultratech, Shell, Tata, Transport, Ronz, Select Plant Hire, Imeris, Harsco, and others. With a strong foothold in the heavy industries sector, the company aims to develop its product roadmap and add more customer-centric solutions to its solution. “
Every year, Frost & Sullivan presents the company with an award that has demonstrated excellence in formulating a robust growth strategy and implementing it rapidly. The recipient has shown strength in innovation in products and technologies, leadership in customer value and speed in response to market needs. The award looks at emerging market players in the industry and recognizes their best practices that are positioned for future development excellence.
The Frost & Sullivan Best Practices Awards recognize companies in many regional and global markets for outstanding achievement and superior performance in areas such as leadership, technical innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
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MachineMax provides an equipment management platform for heavy equipment users and owners to maximize the productivity and profitability of every machine in a green way … anyone, any model, anywhere!
Came to life with machinemax Royal Dutch Shell & Digital Ventures of Boston Consulting Group joined forces to revolutionize the heavy equipment industry. After extensive research, the complexities of tracking mixed fleets with varying levels of machine connectivity became apparent and so MachineMax developed a product that tackled these challenges. This was the beginning of the journey and since then the solution has been deployed worldwide, with many industry and technology accolades with exceptional results. Contact us to hear more.
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