The Construction Equipment Association (CEA) is to partner with Systematics International Ltd. for the UK construction equipment statistics exchange*
In 2017, Systematics International, an independent data processing company, has taken control of the UK construction equipment statistics data exchange from Machinery Research Limited, who ceased trading earlier this year. The UK statistics exchange for construction equipment is a well-established, and highly regarded source of market information for equipment suppliers to the UK market.
Systematics International have a track record of providing high quality statistical reports to manufacturing industries worldwide, using web based systems. For key industries, they have formed strategic alliances with trade associations to provide the right combination of knowledge and expertise to meet the needs of client companies operating within the industry. This approach is being followed for the construction equipment industry in the UK, where a partnership is being formed with the CEA, the UK trade association for construction equipment, who have over 130 members involved in supplying equipment, attachments, components, materials, services and technology.
The statistics exchange for construction equipment consists of 12 different product types, and detailed reports on unit sales are provided on a quarterly basis for scheme participants. Under the new partnership with the CEA, quarterly bulletins will be issued publicly for the first time, covering total industry sales, to provide guidance to the wider industry on how the equipment market is progressing in the UK.
One of the main objectives of the new partnership is for the 2 organisations to work together to develop the scope of the statistics scheme to increase its value for the UK construction equipment industry.
CEA, chief executive Rob Oliver said, “We are impressed with the capability and professionalism of Systematics International, so it was a natural choice for us to partner with them to ensure our members receive the best possible market information.”
Systematics International, chief executive Christine Bhatt said, “We are delighted that the construction equipment manufacturers have given Systematics the opportunity to manage the UK sales statistics data exchange, which will deliver independent, accurate and timely information through an innovative web based system. We look forward to working with the CEA and sharing a knowledge base to the mutual benefit of members and the wider industry.”
* The construction equipment sales statistics exchange strictly meets the data compliance requirements as outlined by Article 101 of the EU Competition Law.