Front End I News
Microlease launches cloud Asset Management service for test instruments and other fixed assets T
est equipment sourcing specialist Microlease Ltd has unveiled LEO 2, a new cloud-based Asset
Management solution, which can be used to manage any moveable or fixed asset, including test instruments. LEO 2 allows every business to implement best in class through-life management of its assets, creating an accurate inventory of assets held, managing the acquisition of further assets, the maintenance of the asset base, and the identification and disposal of surplus equipment. LEO 2 captures Microlease’s extensive asset management experience built up through the management of its wide-ranging rental fleet, allowing every company to implement best in class practice. It offers complete management of internal and deployed assets such as instruments. LEO 2 supports the creation of an accurate inventory of all assets held, tracking configurations and reducing turn-around times. It provides complete visibility for the maintenance
of the asset base including spares, and communicates this information through the use of a secure shared logistics framework offering innovative KPI dashboards and standard reports. “Too often, major financial decisions on the acquisition and divestment of fixed assets such as test instruments are made without adequate data on lifetime costs and utilisation. Data is held in spreadsheets that are not necessarily up to date and don’t always provide a complete picture. LEO 2 is a single centralised database which provides clear visibility of assets and physical tracking with easy dashboards, giving a clear picture of the asset investment and its current status including configurations, capabilities, condition and location,” said David Whitfield, CEO Asset Management
Services, Microlease. “The structure of the database captures Microlease’ extensive expertise in ‘Through-Life’ management of assets, allowing customers to optimise their asset base for their business and improve performance.”
LEO 2 is a combination of specialist
software built on Microlease expertise, helping customers manage complex challenges and asset configurations. Modules capture data relating to asset detail and configuration, asset movements, tracking and logistics, calibration and repair management, real time management dashboards, and utilisation management. It features a completely new and intuitive interface that allows users to search for parts, assets and locations quickly and easily – drilling down to the exact building and the rack where an asset is being held. Data driven workflows enable users
to configure LEO 2 to reflect their in- house processes. Its’ open database is built on Oracle technology compatible with SAP, Oracle E-Business Suite and other major ERP and financial systems. LEO includes standard MoD form reports and KPI dashboard. Microlease is offering LEO 2 in three formats. LEO Standard for customers who simply want to log and record assets and access basic asset management functions. LEO Select which in addition allows customers to understand utilisation by tracking assets and LEO Elite which provides full management of assets through workflows. LEO Standard and Select are cloud based, and LEO Elite can optionally be hosted internally or via MoD secure cloud.
www.microlease.com
Electrolube announce impressive growth figures E
lectrolube, the manufacturer of specialist electro-chemicals, has announced its global performance
figures have soared to a huge 29 per cent increase in turnover in just the first six months of 2017 when compared with the previous year. The increased levels of profitability and strong market performance are not attributable to any single product group, rather more a combination of innovative new product launches and increased sales across the product sectors. A powerful global performance has been delivered across all territories and Electrolube’s Chinese operation has delivered exceptional results. The companies’ increased investment for the new manufacturing facility in Bangalore, India has also produced significant benefits. Ron Jakeman, group managing director
of Electrolube, said: “2017 has been a remarkable year so far for Electrolube. On
6 September 2017
top of the successful uptake of new products from a broad range of industries, the rebrand of our corporate identity in 2013 is now being fully embraced and the market is now strongly identifying Electrolube as ‘the solutions people’ – the go-to resource for problem solving and a one-stop shop for all specialist chemicals required for electronics manufacturing. One of the best and most encouraging aspects of this years’ results so far, is that this is not localised – all of our global subsidiaries are literally booming. China has seen some staggering increases and healthy growth has been achieved in Europe, India and the USA. Looking ahead to the rest of this year, we will continue to invest in our business to support our ambitious plans for growth and gear the company even more intensively towards emerging technologies, product expansion and new business development.”
Components in Electronics Innovation has always been the
cornerstone and key driver of Electrolube's success. The company has made a significant investment in R&D to leverage production of next generation products, a process that is already demonstrating successful results with the launch of the market's first two-part Conformal Coating system, the 2K series, which combines the performance of a resin with the application of a coating. The technical support team has also been strengthened with additional resources to meet expansion needs and to extend support to customers worldwide. Strategically, Electrolube has made key senior appointments to head up expert teams across product divisions, further developing Electrolube’s position as a key global supplier to the market.
www.electrolube.com
Ron Jakeman, group managing director of Electrolube
www.cieonline.co.uk
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