Nexus Rental selects Peak as AI partner for tech-led innovation
By Peak on February 19, 2025Nexus Rental, a leading provider of vehicle rental services, has partnered with Peak, the AI platform for business decision intelligence, as it expands its technology operations.
Managing a fleet of 22,000 vehicles, Nexus Rental was undergoing a significant tech transformation to embrace new ways of working that are Powered by Tech, Delivered by People. The organization, whose ambitions include global expansion and entering new markets, needed to overhaul its legacy technology to enable these plans to happen.
To address these challenges, Nexus Rental selected Peak’s AI-powered pricing and quote automation solution, which provides pricing strategies using advanced AI models. The implementation is already delivering significant value, with the Nexus team recognizing the flexibility and technical expertise of Peak’s team.
I was very confident from the first time I met the team at Peak. The speed at which its solution delivers value far outpaces building an in-house team. In addition, its willingness to customize solutions, as well as its technical expertise, are unmatched.
Peter Ennis
CTO, Nexus Rental
Nexus Rental had several objectives, including the upgrade of its internal data science and engineering capabilities, dependent on a single basic rental allocation model, hugely under-utilizing the power of data in fleet management. The leadership team also had to showcase its AI capabilities to investors.
We’re thrilled to partner with Nexus Rental on its journey to become a tech-led business and expand internationally. Nexus Rental has huge business potential through unlocking its data, delivering faster, smarter decisions at scale. This collaboration shows the transformative impact AI can have on industries like vehicle rental, and we’re looking forward to supporting Nexus in achieving its ambitious goals.
Richard Potter
CEO and co-founder, Peak
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