Cimdata Logo

Industry Summary Articles

Friday, February 16, 2024

KRAKEN COMMUNICATIONS TAKES GIANT STEP INTO ASSET MANAGEMENT WITH YARDZ PLATFORM

YARDZ, the premier tool for managing owned and rented assets in the construction industry, announces that Kraken Communications, LLC, a Utah-based, fiber broadband installation contractor, has signed on to the YARDZ platform.

Kraken invested in a YARDZ corporate plan, which allows for 10 user licenses. While Kraken will initially deploy YARDZ for basic needs such as fleet management and maintenance, as well as tracking their extensive inventory of job-related equipment, the company intends to eventually access the complete YARDZ feature suite. Consequently, Kraken can “grow into” the product, adding capabilities like telematics when the time is right.

While Kraken occasionally rents assets from rental industry giants like United and Sunbelt, the overwhelming majority of the trucks and equipment they will be managing are owned by the company.

Kraken Communications leverages its expertise in fiber broadband to build and upgrade fiber-optic networks, expanding the reach of high-speed internet and empowering communities to thrive in the digital age.

“We’re excited to implement the YARDZ platform,” said Ethan Medeiros, General Manager at Kraken. “As a relatively new and growing company, we knew we needed to develop a comprehensive asset management plan. YARDZ allows us to do that cost-effectively with all the features we need – now and well into the future.”

According to Jason Perez, CEO of YARDZ, Kraken represents the ideal entry customer on several fronts.

“Frankly, we see this as a great fit for Kraken’s situation,” he explained. “If they had just opened their business, they might be hesitant to commit to purchasing any software. Now that their doors have been open for a little over a year, they’re starting to feel some of the pain points that an asset management program like YARDZ was built to solve.

“Combine that with Kraken’s leadership, who are savvy enough to realize they need a tool like YARDZ to really move the company forward. It’s perfect for Kraken, and we get a customer that we can help grow over time.”

To view the original press release, please click here.

Search for YARDZ on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

This report presents CIMdata’s overview of the worldwide CAM software and services market. It also includes a discussion on the trends in the CAM industry and updates on the top CAM solution providers.