# Result Group

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**Result Group** sold a specialist [equipment management software application](/source/Rental_management_software): rental*result* to companies renting and managing assets, e.g., [cranes](/source/Crane_(machine)), tools, [heavy equipment](/source/Heavy_equipment), [aerial](/source/Aerial_work_platform), [modular space](/source/Construction_trailer), [computer hardware](/source/Computer_hardware), and [test & measuring equipment](/source/Electronic_test_equipment) since 1994.[1] It was privately owned and incorporated in Delaware and the [United Kingdom](/source/United_Kingdom). The company was acquired by Wynne Systems Inc of Irvine, CA in December 2015 and the RentalResult product continues as a brand under the Wynne umbrella.[2][3][4]

## Markets

With customers in 26 countries across a number of different services industries including [asset management](/source/Enterprise_asset_management), [equipment rental, tool rental](/source/Plant_Hire), accommodation rental, aerial rental, computer and electronics rental, crane rental, [operated equipment (wet rental)](/source/Operated_equipment_rental) and internal rental within the construction industry and oilfield services industry supported from offices in [Elland UK](/source/Elland_(UK_Parliament_constituency)), [Phoenix AZ](/source/Phoenix,_Arizona) and [Atlanta GA](/source/Atlanta).[citation needed]

## Technology

Result Group provides a [Java](/source/Java_(programming_language))-based, [Java EE](/source/Java_EE) compliant application that incorporates technologies such as [asset tracking systems](/source/Mobile_asset_management), Mobile Apps (iOS and Android), [portals](/source/Enterprise_portal) and [touchscreen](/source/Touchscreen) technology. rental*result* runs on a [web services](/source/Web_service)-based [SOA](/source/Service-oriented_architecture) platform providing connectivity to other third party applications and allowing for custom development of interactive modules.[5]

## Software

The rental*result* software manages aspects of rental and equipment management, including rental order processing & fulfillment, sales management, asset lifecycle & inventory, maintenance and field-based servicing, financials and CRM. The software focuses on [utilization](/source/Rental_utilization), charging and [billing methodologies](/source/Invoice), re-rental management, [accessory & attachment management](/source/Rental_accessories_and_attachments), pricing and discounting strategies including on-demand pricing and full financial asset management.[6]

Specific modules also exist for [operated equipment and timesheet management](/source/Operated_equipment_rental), used primarily by [heavy equipment](/source/Heavy_equipment) rental companies in the middle and far east, and by specialist rental companies; for example cranes, concrete pumps, large aerial equipment, in Europe and North America.

## Business intelligence

Reporting in provided through [IBM Cognos Reportnet](/source/Cognos_Reportnet) which is incorporated within the rental*result* licence. The system provides standard reports as well as allowing customers to add their own. Reports can be provided in listing format, or as Excel, PDF, HTML, XML or other formats. The tools also allow [dashboards](/source/Dashboards_(management_information_systems)) and [scorecards](/source/Balanced_scorecard) to be created to monitor specific details. rental*result* also provides an Analytics package concentrating on metrics and KPI data relevant to the rental industry and equipment management.

The rental*result* application can also be referred to as a Tier 2 [ERP](/source/Enterprise_resource_planning) system with 90% of Result Group’s customers using its fully integrated financial software.

rental*result* also operates a [blog](http://www.resultgroupinc.com) focusing on the rental industry.

## References

1. ["Talking software - KHL Group"](https://web.archive.org/web/20100202004923/http://www.khl.com/magazines/international-rental-news/detail/item10647/Talking-software). Archived from [the original](http://www.khl.com/magazines/international-rental-news/detail/item10647/Talking-software/) on 2010-02-02.

1. ["StackPath"](https://www.rermag.com/news-analysis/headline-news/article/20950817/wynne-systems-acquires-result-group-expanding-software-portfolio). *www.rermag.com*. Retrieved 2020-10-05.

1. ["Wynne Systems Acquires Result Group"](https://www.forconstructionpros.com/home/press-release/12154294/wynne-systems-inc-wynne-systems-acquires-result-group). *For Construction Pros*. 2016-01-04. Retrieved 2020-10-05.

1. Youdale, Euan (21 December 2015). ["Wynne acquires Result Group"](https://www.khl.com/news/wynne-acquires-result-group/114170.article). *KHL*. Retrieved 2020-10-05.

1. ["Technology matters - KHL Group"](https://web.archive.org/web/20110713150304/http://www.khl.com/magazines/international-rental-news/detail/item10648/Technology-matters/). Archived from [the original](http://www.khl.com/magazines/international-rental-news/detail/item10648/Technology-matters/) on 2011-07-13.

1. [http://www.khl.com/magazines/american-lift-and-handlers/detail/item7779/Soft-sell/](http://www.khl.com/magazines/american-lift-and-handlers/detail/item7779/Soft-sell/) [dead link]

[https://pmyojana360.com/benefits-of-equipment-rental-software/](https://pmyojana360.com/benefits-of-equipment-rental-software/)

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Adapted from the Wikipedia article [Result Group](https://en.wikipedia.org/wiki/Result_Group) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Result_Group?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.