Equipment rentals in the platform economy: A rising trend

Lucy Barnard Senior Web editor

04 December 2023

Multibillion dollar online platforms such as Uber, Lyft and Airbnb have already disrupted the hotel, car rental and taxi industries, among others. Lucy Barnard finds out how, with the rise of the platform economy, equipment rental firms might make hiring an excavator as easy as ordering a pizza on your phone.

Vincent Ranaivoson, chief transformation officer at Kiloutou, hardly stops for breath as he outlines the company’s vision to bring the sort of sharing economy business model used by digital giants such as Uber and Airbnb to equipment rental.

Ranaivoson, a management consultant by training, whose diverse professional history includes a…

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