It's an amazing feat when we reflect on the success PlantMiner has had since launching in May 2013.Month-on-month, January to February 2015 saw a 113% increase in revenue for PlantMiner, but we want to discuss how this growth is being realised by our plant hire companies too.
Let me elaborate...
Our time and money saving platform for procuring hire quotes leads to a large number of confirmed hire jobs for our plant hire suppliers. The more requests for equipment we receive, the more hire work PlantMiner hire suppliers are winning. It's quite simple really.
In January alone, PlantMiner secured over $6.6million worth of plant hire revenue for plant hire companies listing with our service.
Hire companies find value in PlantMiner as we produce a solid return on investment as they win hire work through the leads they get through us.
So lets flash back to that 113%.
This is happening, because PlantMiner works. PlantMiner successfully connects people looking for equipment, with suppliers who fulfil their hire needs.
So far this year, PlantMiner has seen over 2,700 requests for equipment hire quotes, and more than 200 new hire suppliers sign up for our service. In December 2014, PlantMiner launched in New Zealand, expanded in staff numbers significantly, and has recently opened it's first office in the Philippines.
Andrea Crothers from Queensland Country Life caught up with our General Manager, Dan Wilson, to find out more about this success:
PlantMiner finds success abroad
QUEENSLAND-BASED plant and equipment-hire search platform PlantMiner.com.au is confident of expanding its international footprint, already recording a 113 per cent month-on-month revenue increase for 2015.
The business, which connects plant and equipment-hire searchers with hire companies through its online portal, moved into New Zealand in December before opening an office in the Philippines in January.
PlantMiner general manager Dan Wilson said the company had secured $60 million of hire work for plant-hire companies since launching the website in May 2013, bolstered by $6.6 million of confirmed transactions in January 2015 alone.
"We've had some really significant success in Australia, receiving staggering interest from the plant and equipment hire industry and the mining and construction industries as a whole," said Mr Wilson.
He said the expansion into New Zealand was encouraged by demand from their established Australian client base also operating across the Tasman.
"Since opening [in NZ] we've had some of the biggest contractors including Downer, Leighton and Fulton Hogan utilising the service again which is exciting, as well as New Zealand's leading hire companies like Gough CAT jumping on board as a client straight away."
"Our aim is to really be a global leader in the online space, specifically focusing on the mining construction industries.
"We've been successful because we're simplifying processes that have been problems for a number of years."
"We don't discriminate; we allow smaller companies to compete on a larger scale because the website ranks search results based on proximity of item to the searcher's job location."
PlantMiner's high-growth also earned it recognition as one of 12 'rising stars' in the Deloitte Australian Technology Fast 50 program last year, an award for companies with less than three years' existing revenue data.
"It was always something we knew that was going to go and go quickly...
PlantMiner's growth of 889pc secured the spot of highest ranking Queensland company on the list, according to Deloitte's 2014 index.
Mr Wilson said they had no plans to slow down soon.
Yesterday seven more new recruits stepped into PlantMiner's growing offices, bringing company staff numbers to 63.
When asked whether he expected the company to expand as rapidly as it had, Mr Wilson's own high expectations were admittedly surpassed.
"It was always something we knew that was going to go and go quickly, in that growth path, but we never thought it would explode as quickly as it has.
"We've always set really ambitious business goals, but have never missed one - which really speaks for the business and culture built."
If you'd like to get quotes quotes for plant and equipment hire for your next building, construction or mining project, submit a request here.
If you're an plant and equipment hire company and would like to list your gear on our website, register your interest to become a supplier here.