Problem: A drilling machine is used only 13 minutes during it’s whole life. Today, renting a Power Tool costs as much as buying a cheap one. Those are poor in quality, unsafe and have a very short lifetime in general. Also, most people are afraid to use power tools and lack experience needed for operating them properly and in a safe way.

Solution: Toolstation is a Smart-Sharings-System. It provides professional grade tools for everyone. Located at public transport stations it is easy to find, highly frequented and independent from legal opening hours. With an App, the user can check availability of tools, book them, release them on site and buy wear parts like bits and blades from the  vending machine.

IoT – Internet of Things: Through the Smart-Toolbox all tools are connected to the internet and the users smartphoner, sharing sensoric data during runtime (think usage time, wear off, settings), maintenance data while housed in the toolstation. On basis of this digital network, sensors and Smart-Tags, a whole new generation of consumer products will emerge. These will provide security for human and machine, guide with assistance and beyond expand the functionality of the product. The Toolstation provides an ecosystem including manufacturers of tools and wearparts, a social network for DIY with crowd-sourced info material such as videos, manuals et cetera, a cross-selling-platform for construction materials as well as a smartphone app for end users.

Sustainability: If a tool is shared, it´s ecological impact is divided by the number of its users. If 100 people use one tool, CO2 emission and waste is reduced to 1% compared to single ownership. Since the devices are maintained and repaired professionally their lifetime will even expand. And if there is an end some day – due to the closed materal cycle the materials can be perfectly recycled to produce new products.

Development: In 2016 the development from a design concept to a business model started with the support of Fraunhofer CeRRI (Center for Responsible Research and Innovation). In parallel, a comprehensive IT concept and a resilient cost plan for the development and implementation was developed. Then the tool manufacturer Hilti and Würth-Electronics-eiSos were won as partners. A prototype of the intelligent toolbox was developed by a group of engineering students of the institute for Assembly Technology and Factory Management of the Technical University Berlin in  winter term 2016/2017. In March 2017, the project won the IoT-EPI Challenge and found further partners in this framework, such as the gateway platform AGILE. Currently we work on a second version of the smart toolbox and we face the development of the station. We are looking for investors for the first in-field development phase that will take place in Berlin. Now we’re looking for further partnerships and Investors in fields like cross-selling, logistics, maintenance, tool and wear-part manufacturer, DIY-markets, provider of sales areas.