Online crane rental platform MyCrane has signed a memorandum of understanding (MoU) with heavy equipment application Equip9 to advance their respective technical and commercial projects.
The companies said they will focus on how AI can be used to power recommendation and selection models, including those to identify the most appropriate lifting equipment, or rental provider. Dubai-based MyCrane will assist Equip9 in expanding its reach beyond India, especially in the Middle East, while Equip9 will help MyCrane increase its penetration in the Indian market.
“Both MyCrane and Equip9 share a common interest in ensuring the construction sector reaps the benefits of digitalisation that are present in many other segments,” said Andrei Geikalo, ceo and founder of MyCrane. “With this agreement we are establishing a formal basis of collaboration to better assist our customers, providing them with the best digital tools to help them to work more efficiently, while increasing sustainability and reducing waste at the same time.
MyCrane developed the world’s first online crane rental platform in 2021, helping customers save time and money when they need to hire a crane. In September 2023, it rolled-out the platform to the Indian market.
Based in Pune, India Equip9 has developed a heavy equipment application with over 30,000 registered users. The app caters to a diverse audience of industry professionals, including operators, mechanics, rental equipment and owners, resellers, virtual dealerships, suppliers, financiers, e-learning and other entities.
