Tenderd Company Research Report

Company Overview

• Name: Tenderd

• Mission of the Company: To sustainably build humanity’s future by orchestrating and automating machines.

• Founded by: No information is available

• Key People: Arjun Mohan (CEO and Founder)

• Headquarters: Operates in the UAE and KSA

• Number of Employees: No information is available

• Revenue: No information is available

• What the Company is Known For:

• Largest heavy equipment rental marketplace in the Middle East.

• Helping contractors and developers rent and manage construction equipment efficiently.

• Utilizing machine learning technology to improve productivity and cost management on project sites.

Products

• Products Offered: AI for Equipment and Vehicle Operations

• Description: One platform to improve the Safety, Productivity, Profitability, and Sustainability of operations.

• Key Features:

• Optimize Operations: Uses equipment data to improve fleet utilization, manage fuel consumption, and schedule maintenance.

• Reduce Emissions: Measures carbon emissions using AI systems to achieve net-zero goals.

• Manage Routes: Plans preferred routes, visualizes trip logs, and monitors deliveries.

• Increase Profitability: Provides rental equipment needs with ease and enables revenue generation by renting out idle equipment.

• Real-Time Tracking: Tracks equipment in real time, offering data-driven insights.

• Predictive Maintenance: Offers maintenance alerts to prevent breakdowns and minimize downtime.

• Fuel Monitoring: Tracks fuel usage to lower costs and CO2 emissions.

• Reporting: Generates actionable reports to aid in decision-making.

Recent Developments

• Recent Developments:

• Selected as an Innovation Partner by the World Economic Forum.

• Worked on pilot projects in Brazil to improve profitability, sustainability, and efficiency for small and medium-sized enterprises.

• Launched a sales marketplace to supplement its rental services.

• New Products Launched: Tenderd’s platform expanded to include comprehensive route planning, emissions management, and financial analytics.

• New Features Added:

• Introduction of dashboards with insights for better fleet management.

• Expanded functionality for AI-powered emissions tracking and reduction.

• New Partnerships: Collaboration with global partners like Google and Nvidia to enhance technology usage in construction sites.

Additional Information

• Industries Served: Construction, Logistics, Marine, and Energy.

• Technological Foray: Recently invested in technologies like video data estimation and telematics to improve construction productivity.

• Sustainability Focus: Actively works towards reducing carbon footprints and promoting sustainable business practices.