Electro Rent and NI announced a new partnership to rent NI automated test and measurement solutions to customers through Electro Rent’s expansive network, starting in North America with a global expansion to follow in 2021.

The collaboration between the two companies will deliver new opportunities for customers to leverage industry-leading solutions on a rental basis, often allowing them to shift investments from a capital (CapEx) to an operational expenditure (OpEx) model, with flexibility on term duration and savings on monthly and annual usage.

“Our customers value flexibility and the opportunity to quickly access critical solutions, services and expertise through a range of financial options,” said Jason Green, NI’s senior vice president of global sales, support, services and operations. “Expanding our reach and the options available to customers through Electro Rent’s global network will give more engineers the tools they need to increase productivity and accelerate innovation.”

NI works closely with its global R&D lab and manufacturing facility customers across a variety of industries, including semiconductor, transportation, and aerospace, government and defense. Under this partnership, NI software-connected test and measurement solutions are now available to rent in North America. Additionally, NI and Electro Rent intend to expand the partnership to other regions starting next year.

“We’re excited to offer our customers rental access to NI products. This partnership allows us to provide fast and easy rental solutions for NI’s impressive and well-known solution portfolio,” said Mike Clark, Americas CEO for Electro Rent. “Combining our technical expertise and leading position in the market with NI’s automated test solutions and software-connected systems is a win for our customers.”