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Microlease

12/07/17  Microlease launches LEO Asset Management solution at DSEi

Test equipment sourcing specialist Microlease plc is to launch a new Asset Management solution, enabling aerospace and defence manufacturers and contractors to lower costs and improve performance by optimising their use of assets (including test equipment) at DSEi (S2-162).

DSEi ExCel, London September 12-15 2017 Stand: S2-162

Microlease launches LEO Asset Management solution at DSEi Aims to drive efficiency and performance improvements throughout the industry Harrow, UK, 12 July 2017: Test equipment sourcing specialist Microlease plc is to launch a new Asset Management solution, enabling aerospace and defence manufacturers and contractors to lower costs and improve performance by optimising their use of assets (including test equipment) at DSEi (S2-162).

“Companies that manage their assets and workflows effectively have a competitive edge over those that don’t. With LEO 2, we are making our expertise in ‘Through Life’ management available to all, allowing the industry to lower costs and reduce development times,” said David Whitfield, CEO Asset Management Services, Microlease.

“LEO 2 can manage any asset, job or workflow. It is particularly useful in the test and measurement industry where we regularly see many organisations with equipment that is unused or can’t be used as it hasn’t been serviced or calibrated. The test equipment asset base of a major manufacturer or contractor can have a value of tens or hundreds of millions of dollars, with individual pieces of equipment costing between $10,000 and $100,000 or more.

The defence industry needs to ensure that it makes the best possible use of this resource, to achieve high levels of efficiency and business performance.” LEO 2 features a completely redeveloped User Interface, is now available via the secure MoD Cloud and includes standard MoD form reports and KPI dashboard.

At DSEi, Microlease will be presenting six demonstrations capturing key capabilities of the solution. Drawing on Microlease’s deep expertise in test asset management, LEO 2 gives defence contractors and other users complete visibility of their assets through one intuitive portal. It allows them to quickly and easily locate the assets that they need, eliminating duplicate purchasing or rental. It also allows them to identify underutilized assets which can be disposed of, and manage the calibration and maintenance of equipment ensuring that it is ready for use at all times.

LEO 2’s open database is built on Oracle technology compatible with SAP, Oracle Apps and other major ERP and financial systems. Microlease specialists at DSEi will be available to visitors to discuss their challenges with Through Life Management, and share their experience and very wide knowledge of available solutions.

About Microlease

Microlease is the market leader in electronic test equipment, offering a range of solutions to help organisations globally use test equipment efficiently. Its services help minimise the costs of acquiring test equipment, optimise its use and maximise return at end of life without stretching capital expenditure, and include rental, leasing, sale of new and used equipment and buy-back as well as full asset management. Microlease supports its global customer base with over 57,000 test equipment assets worth over $430 million. A team of 370 specialists serves Microlease customers in over 150 countries from offices across Europe, the US and Asia. Microlease currently provides equipment from leading manufacturers, including Anritsu, Keithley, Keysight Technologies, Rohde & Schwarz, Tektronix and Viavi. Founded in 1979,

Microlease is the number one test and measurement rental company in Europe. It is Keysight’s Authorised Technology Partner (ATP) for the UK, Ireland, and Italy, Authorised Premium Distributor for the UK and Italy, as well as a Premier Rental Partner (PRP) for Europe, USA and Asia. Microlease is an Authorised Rental Partner for Rohde & Schwarz, Tektronix and Viavi, and a Viavi Premier Solutions Partner in the UK and Germany. Microlease is also an Authorised Distributor for GW Instek in the UK, Ireland and Italy. The Microlease group includes Livingston. Microlease was awarded the 2013, 2014, and 2015 Global Company of the Year Award in Test and Measurement Rental and Leasing Services by leading research organization Frost & Sullivan.

For more information, visit www.microlease.com.

Contact: George Acris, Microlease plc, Unit 1, Waverley Industrial Park, Hailsham Drive, Harrow, Middlesex HA1 4TR, United Kingdom. Tel: +44 (0) 20 84 200 200

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Organisation:  Microlease