Nexus Vehicle Rental‘s IRIS platform is undergoing an update, due in 2018, that will include improved international access, a full electric vehicle offering and a variety of other new mobility solutions for the corporate customer, the company said.

David Brennan, Nexus CEO

The IRIS fleet management platform provides a UK supplier network with online solutions that has been designed to cope with the anticipated influx of EVs, autonomous and connected vehicles. The company claims its software reduces rental spend by 20% on average, and offers live reservations including mileages, damage claims and invoicing.

Nexus Vehicle Rental celebrated a record year in 2017, bringing in almost 100 new clients and managing its fourth consecutive year of double digit growth.

David Brennan, CEO of Nexus, said: “People are moving away from ownership in favour of user-ship, examples being subscription services like Netflix and mobile phone contracts for smartphones. This mentality is gradually percolating though to the B2B market.”

Nexus Vehicle Rental provides short, medium and long-term rental with access to over 550,000 vehicles including 100,000 specialist and commercial vehicles and 50,000 HGVs across 2,000 UK locations.