Utilization tab: ownership mix and class density
Condition tells you the shape your gear is in. Utilization tells you the shape of your fleet itself, how it is held (owned, rented, leased, financed) and how thin it is spread across equipment clas…
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What the Utilization tab shows
Condition tells you the shape your gear is in. Utilization tells you the shape of your fleet itself, how it is held (owned, rented, leased, financed) and how thin it is spread across equipment classes. Verinode does not manage your fleet or make the call on any of this. It reads the equipment you have logged, active units only, and lays out two things: an ownership mix bar that feeds how the agent sizes rent-vs-buy recommendations, and a class density rollup that flags where a single broken or busy unit could stall a job.
Where to find it
Open Equipment from the sidebar at iq.verinode.ai/equipment. Click into any tile, unit, or decision on the Equipment home to open the equipment detail overlay, then select the Utilization tab from the row of tabs across the top: Findings, All Equipment, Condition, Utilization, Benchmarks.
The tab reads Section-style, headers and rows on flat background, not a dashboard of metric tiles. Everything on it is computed only from active units, retired units are excluded from both the ownership bar and the density rollup.
Ownership Mix
What it is. A read on how your inventory is held across four categories: owned, rented, leased, and financed. The subtitle spells out why it matters: "The split between owned and rented tells the agent how to size rent-vs-buy recommendations. Heavy rental = cash-flow friendly but expensive at scale; heavy owned = capital tied up but low marginal cost."
What you see. A single horizontal bar split into colored segments, one per ownership type that has at least one unit:
- Owned (green)
- Rented (yellow)
- Leased (foreground/neutral)
- Financed (copper)
Ownership types with zero units are dropped from the bar entirely, if you own everything and rent nothing, the bar is solid green with no yellow sliver. Hovering a segment shows a tooltip with the exact count and percentage, for example "Rented: 6 (24%)."
Below the bar, a legend row repeats each active ownership type with a colored swatch, its label, and its count and share, for example "Owned · 14 · 56%." The percentages are rounded to the nearest whole number and are computed against your total active unit count, not against a peer benchmark, this is entirely your own book.
How to read it. There is no single "correct" mix Verinode is steering you toward. A fleet running heavy on rented gear keeps cash free but pays a rental premium every week that gear is deployed, a fleet running heavy on owned gear has capital tied up in equipment but a lower cost per job once it is paid off. The mix is an input the agent uses elsewhere (rent-vs-buy math on individual units, in Condition's long-running-rentals list and on each unit's detail view), not a score to optimize against on this tab.
Class density: Redundancy across your inventory
What it is. A rollup of how many active units you have in each equipment class, ordered from most to least represented, capped at the top 12 classes. The header reads "Class density · N classes" (N is however many distinct classes you have logged, up to 12), and the subtitle explains the stakes directly: "Classes with one unit are single-points-of-failure for any concurrent-job day."
What you see. A list, one row per class:
- Class name on the left. Units without a recognized class read Unclassified.
- Unit count on the right, "N units" (or "1 unit" for a single unit, singular is handled correctly).
- A Single point badge, in Ember Red uppercase small caps, appears on any row where the count is exactly 1.
Tapping a row opens the detail view for one of the units in that class (whichever sorts first), so you can see its condition, ownership, and history directly from here.
The subtitle line itself is dynamic. If at least one class is down to a single unit, it names how many: "N classes in that state right now" (with correct singular/plural wording, "1 class" vs "2 classes"). If no class is currently a single point, it reads "No single-point-of-failure classes right now."
How to read it. A single-point-of-failure class is not automatically a problem, some specialty gear genuinely only needs one unit. But when two jobs need the same class on the same day and you only have one, one job waits. Scan the top of the list (your most-represented classes are fine by definition) and pay attention to the bottom, any class sitting at "1 unit" with the Single point badge is worth a second look: is that class rarely needed, or is it a bottleneck waiting for a busy week to expose it. If it is the latter, that is the argument for adding a second unit or leaning on rental for overflow, both something to work out with the agent, not a call Verinode makes for you.
Empty state
If you have no active equipment logged at all (everything is either unlogged or every logged unit is retired), the tab shows nothing but this line, centered:
"Utilization appears once you have equipment on file. Start with a CSV of your inventory and the agent will infer posture from job categories and purchase dates."
This is expected on a fresh account or one where equipment has not been switched on yet, not a broken screen. As soon as you send in a CSV, photos, or invoices covering active equipment, the ownership bar and density rollup populate on their own, no manual entry required.
Best-practice example
Say your Ownership Mix bar reads Owned 56%, Rented 24%, Financed 20%, Leased 0% (dropped from the bar since it is zero). That is a capital-heavy fleet with a rental cushion for overflow, reasonable if job volume is steady. Now scroll to Class density and see Truck Mount at "1 unit" with the Single point badge, and the subtitle confirms "1 class in that state right now." If truck-mounted extraction is core to your water jobs, a single unit means any day with two concurrent water losses puts one job on hold, or forces a same-day rental at a premium. That is the conversation to bring to the agent: whether a second truck mount pencils out against the rental cost you are already absorbing on the Ownership Mix side.
Related
- Equipment: your fleet at a glance
- Explore tiles: All Equipment, Aging, Calibration, Rentals, Benchmarks
- Understanding your margin
- The decision workspace
- How benchmarks work
Data sources
Data sources
- 1.Your equipment inventory (CSV, photo, or invoice ingest). Your business.
- 2.Purchase dates and equipment class assignments. Your business.