{"id":130691,"date":"2014-05-13T09:09:42","date_gmt":"2014-05-13T13:09:42","guid":{"rendered":"https:\/\/fiix.wpengine.com\/?p=130691"},"modified":"2021-11-22T16:10:18","modified_gmt":"2021-11-22T20:10:18","slug":"ma-share-press-release","status":"publish","type":"post","link":"https:\/\/fiixsoftware.com\/maintenance-news\/news\/ma-share-press-release\/","title":{"rendered":"MA Share\u2122 &#8211; Press Release"},"content":{"rendered":"<p><strong>Toronto, Ontario &#8211; May 13, 2014 &#8211;\u00a0<\/strong>Global maintenance software provider and CMMS leader <a href=\"\/\">Maintenance Assistant<\/a> today announced the release of its in-app re-seller and used equipment marketplace MA Share\u2122. Users of the MA CMMS\u2122 cloud <a href=\"\/cmms\/\">CMMS<\/a> solution are now able to post excess or decommissioned equipment, used parts and overstocked supplies directly from their CMMS to Maintenance Assistant\u2019s in-app MRO marketplace. \u201cThere is over $1T of decommissioned, obsolete and written-off inventory sitting on shelves in the US alone. Turning this into new sources of working capital for our customers has been a key driver in the development of our in-app multi-sided marketplace\u201d, said Marc Castel, CEO. \u201cWhat\u2019s been missing is an easy and painless way to both capture and post the relevant equipment information and then get it in front of a targeted audience right when they need it most. Our new platform can do this with the click of a button.\u201d Castel said as he recalled having millions of dollars of perfectly serviceable but obsolete equipment cluttering up the parking area of one of his previous businesses. \u201cTurning that (written off equipment) into cash to fuel the business would have made our CFO pretty happy and would have had a significant impact on the bottom line.\u201d<\/p>\n<h4>For CMMS Users<\/h4>\n<p>\u201cStorerooms all over North America have parts that will never be used\u201d, said Willie Wong, Project Leader. \u201cIn many cases, these are the \u2018never-been-used\u2019 original spares that the company purchased when they bought the equipment years earlier. Turning them into much needed cash just makes sense.\u201d<\/p>\n<p>\u201cOur users have told us stories about going to extraordinary lengths to find spare parts when older equipment goes down. Those parts may be on a shelf at a plant down the street, and the owner may be more than happy to sell them to you but you just have no idea they\u2019re there\u201d, said Daryl Sedgman, President. \u201cWe provide the platform and matching engine to find them, avoiding otherwise long downtimes while you wait for custom replacement parts\u201d.\u00a0This is the first of many new Enterprise 2.0 innovations scheduled for release in 2014. We are fully embracing the power of spanning and connecting organizations to drive productivity and improve the bottom line, said Daryl Segman, President<\/p>\n<p>Maintenance Assistant has made it easy to upload information to the marketplace. Using the tools in MA CMMS\u2122, a manager armed with only a smartphone could help liberate thousands of dollars from used equipment and free up valuable floor space. The process is as simple as opening an asset record, clicking on the share icon, pricing the item and posting it. All the other necessary information is automatically created from the data in the user\u2019s CMMS, saving time and effort. The equipment listing is then visible to thousands of Maintenance Assistant CMMS users around the globe. \u201cThis is the first of many new Enterprise 2.0 innovations scheduled for release in 2014. We are fully embracing the power of spanning and connecting organizations to drive productivity and improve the bottom line\u201d, said Sedgman.<\/p>\n<h4>For Equipment &amp; Parts vendors<\/h4>\n<p>Equipment and MRO vendors will also find the tool useful, as it will allow them to economically post their products to the maintenance marketplace and reach a large number of potentially new customers. Re-sellers or OEMs can easily sign up for a Maintenance Assistant CMMS user account, load their product catalogs from a CSV file and post them to the MA Source\u2122 marketplace. \u201cOur technology allows vendors to get their products in front of buyers and technicians as they\u2019re doing their work \u2013 right at the point of greatest need\u201d, said Bob Kandic, Chief Software Architect. \u201cWe\u2019ve also integrated it directly with our purchasing module so prospective buyers can issue Purchase Requests, RFQs or Purchase Orders directly from inside their CMMS application.\u201d<\/p>\n<p>MA Share\u2122 comes as a free part of Maintenance Assistant\u2019s <a href=\"\/cmms\/cmms-software\/\">CMMS Software<\/a>, the daily <a href=\"\/cmms\/work-orders\/\">work order management software<\/a> used by thousands of maintenance professionals around the world. If you are interested in learning more or getting your own branded CMMS for re-distribution to your customers, visit us online or contact our business development team directly.<\/p>\n<h4>About Maintenance Assistant<\/h4>\n<p>Maintenance Assistant is an Enterprise Asset Management (<a href=\"\/eam\/\">EAM<\/a>) and CMMS cloud solution used by thousands of asset-intensive businesses around the world to transform their maintenance operations, eliminate waste and costly downtime, and manage risk. Our flagship product, MA CMMS\u2122 is a core business management tool used by maintenance managers, technicians, engineers, purchasing agents and business owners to streamline their maintenance operations and improve their bottom line. Our <a href=\"\/cmms\/integrations\/\">API allows integration<\/a> into many existing enterprise solutions, making it an ideal replacement for outdated maintenance software, paper or Excel. For more information please <a title=\"Contact Us\" href=\"\/contact-us\/\">contact our team<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toronto, Ontario &#8211; May 13, 2014 &#8211;\u00a0Global maintenance software provider and CMMS leader Maintenance Assistant today announced the release of its in-app re-seller and used equipment marketplace MA Share\u2122. Users of the MA CMMS\u2122 cloud CMMS solution are now able to post excess or decommissioned equipment, used parts and overstocked supplies directly from their CMMS to Maintenance Assistant\u2019s in-app MRO marketplace. \u201cThere is over $1T of decommissioned, obsolete and written-off inventory sitting on shelves in the US alone. Turning this into new sources of working capital for our customers has been a key driver in the development of our in-app multi-sided marketplace\u201d, said Marc Castel, CEO. \u201cWhat\u2019s been missing is an easy and painless way to both capture and post the relevant equipment information and then get it in front of a targeted audience right when they need it most. Our new platform can do this with the click of a button.\u201d Castel said as he recalled having millions of dollars of perfectly serviceable but obsolete equipment cluttering up the parking area of one of his previous businesses. \u201cTurning that (written off equipment) into cash to fuel the business would have made our CFO pretty happy and would have had [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[8,22],"coauthors":[],"class_list":["post-130691","post","type-post","status-publish","format-standard","hentry","category-news","tag-company-news","tag-product-update"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MA Share\u2122 - Press Release | Fiix<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fiixsoftware.com\/maintenance-news\/news\/ma-share-press-release\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MA Share\u2122 - Press Release\" \/>\n<meta property=\"og:description\" content=\"Toronto, Ontario &#8211; May 13, 2014 &#8211;\u00a0Global maintenance software provider and CMMS leader Maintenance Assistant today announced the release of its in-app re-seller and used equipment marketplace MA Share\u2122. Users of the MA CMMS\u2122 cloud CMMS solution are now able to post excess or decommissioned equipment, used parts and overstocked supplies directly from their CMMS to Maintenance Assistant\u2019s in-app MRO marketplace. \u201cThere is over $1T of decommissioned, obsolete and written-off inventory sitting on shelves in the US alone. Turning this into new sources of working capital for our customers has been a key driver in the development of our in-app multi-sided marketplace\u201d, said Marc Castel, CEO. \u201cWhat\u2019s been missing is an easy and painless way to both capture and post the relevant equipment information and then get it in front of a targeted audience right when they need it most. Our new platform can do this with the click of a button.\u201d Castel said as he recalled having millions of dollars of perfectly serviceable but obsolete equipment cluttering up the parking area of one of his previous businesses. \u201cTurning that (written off equipment) into cash to fuel the business would have made our CFO pretty happy and would have had [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fiixsoftware.com\/maintenance-news\/news\/ma-share-press-release\/\" \/>\n<meta property=\"og:site_name\" content=\"Fiix\" \/>\n<meta property=\"article:published_time\" content=\"2014-05-13T13:09:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-22T20:10:18+00:00\" \/>\n<meta name=\"author\" content=\"Jeffrey Dutschke\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@fiixsoftware\" \/>\n<meta name=\"twitter:site\" content=\"@fiixsoftware\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/fiixsoftware.com\\\/maintenance-news\\\/news\\\/ma-share-press-release\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/fiixsoftware.com\\\/maintenance-news\\\/news\\\/ma-share-press-release\\\/\"},\"author\":{\"name\":\"Jeffrey Dutschke\",\"@id\":\"https:\\\/\\\/fiixsoftware.com\\\/#\\\/schema\\\/person\\\/f81de33c44ef28709f10af3f030a5cc3\"},\"headline\":\"MA Share\u2122 &#8211; 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