The Shareplant concept is based on the simple premise that idle equipment is a waste of money for everyone - owners, constructors and clients alike.
SharePlant is a service that connects equipment owners to users so that they can rent construction equipment to each other when it would be otherwise be sitting idle.
SharePlant helps you to minimise cost and maximising profit by connecting you with like minded construction professionals who want to see their equipment working for them rather than sitting idle. Equipment utilisation is key to running a profitable construction business and SharePlant can be used to maximise this, resulting in additional and regular income for equipment owners and ready availability of nearby specialist equipment for users.
It's a win-win situation for equipment owners and users alike. SharePlant allows owners to list their equipment for rent when they aren't using it and allows construction professionals to search for type of equipment they need, when and where they need it.
Why We Created Shareplant
We have over 35 years of construction experience on major construction projects throughout the UK. During this time we have hired many types of equipment ranging from large earth moving equipment to smaller welding and generator sets.
We often observed poor equipment utilisation and, at times, it was difficult to find the equipment we needed in the right place for the right price.
We identified an opportunity for plant owners to earn additional income through increased utilisation of their equipment and for construction companies to find specialist equipment quickly where they need it.
We also observed that construction plant is being regularly transported large distances from site to site when available plant can often be found nearby. However, previously there was no way to locate, book or manage this plant.
That's how Shareplant was created - we simply developed a tool to allow people to collaborate and find each other to rent plant to and from each other.
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The Sharing Economy
The Sharing Economy is one of the fastest growing global business sectors. Over the last ten years it has revolutionised the holiday space market (airbnb), the transport market (Uber) and the services market (TaskRabbit) to name but a few.
It is estimated that the sharing economy will grow exponentially over the next ten years, allowing individuals to earn income by supplying goods and services to new markets by utilising spare assets.
Within the UK Construction Industry Plant, Equipment and Tool utilisation is often as low as 30%. In an industry worth in excess of £3.6bn per year, such low efficiencies present significant opportunity for cost savings and income through collaboration. Shareplant is a revolutionary tool to allow this collaboration to happen.