© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - Makersite Masters
Posted 5th February 2020

Makersite Masters

It’s a time of intensive change for companies with the complexity of product manufacturing and customer expectation are rising exponentially, and rapidly beyond the control of the businesses that are in charge of running them. Offering a solution to this seemingly uncontrollable growth, Makersite provide analytics at an incredible speed in order to stay on top of the process.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Makersite Masters
makersite

Makersite Masters

It’s a time of intensive change for companies with the complexity of product manufacturing and customer expectation are rising exponentially, and rapidly beyond the control of the businesses that are in charge of running them. Offering a solution to this seemingly uncontrollable growth, Makersite provide analytics at an incredible speed in order to stay on top of the process.

Established in September 2018, Makersite has gone from strength to strength within the industry. Already award-winning, this product management platform is the world’s largest product knowledge graph on the market. Over the years, the firm have allowed companies the opportunity to access fully integrated digital versions of their products, with the performance available to analyse, improve and maintain at the multi-dimensional level that modern businesses need.

Aimed at companies that struggle with complexity, Makersite fills a gap in the market that has been growing for around 15 years. Most product data management systems still date from this period and are static and disconnected. This means that a lot of information is collected, but unused by businesses, creating blind spots for operation. Instead of being able to consider the data in its entirety, decisions are made without analysing the impact of this on other aspects. Makersite operates by collating this information into product-focused analytics assessing product performance around sustainability, cost and compliance.

Packed with over 100 data feeds, many live and all integrated, teams can assess their innovative new ideas around the best available information. Questions like “Where could we find savings opportunities on production costs for this particular design?” or “What could be a more sustainable alternative for this product line?”, which take a few seconds to answer.

Makersite’s state-of-the-art approach to product data management has allowed companies of all shapes and sizes to take advantage of what it has to offer. For larger enterprises, the reduction in complexity and increase in agility is the main aim, while for small businesses, the search for cost effective solutions is the main driving force.

Makersite has a strong background in allowing companies to cut costs across the board. Embedding sustainability by the company’s product can provide up to 40x savings in cost, and the ability to calculate real-time product costing from first design through to final specification with up to 60x savings in real time. For one client, the addition of Makersite to the development processed transformed the should-cost analysis from a month and a half long process to a matter of minutes with 95% accuracy. With the ability to accurately calculate the costs of custom parts still in the design stage incredibly quickly, the business was able to take on extra work in a shorter time span, while not upsetting the workflow of the procurement team.

The diverse team behind Makersite are all purpose-driven and highly-specialist. With an average of more than ten years’ experience between this small, but growing team of fifteen, there is no problem that they can’t handle between them. With a dynamic team, the engineers at Makersite interact directly with customers, allowing them to understand their problems and develop software solutions without middlemen.

With a period of rapid growth ahead, following the tremendous success of Makersite’s first 12 months, the company aims to use that success to grow the organisation to serve more clients even more effectively. Partnership with global actors has allowed Makersite a local presence in over 500 locations, allowing the business to serve customers faster and more flexibly. In terms of solutions, an increase in AI across all systems, the use of even more data and the release of a software development kit are all on the horizon. The last is planned for release in 2020 and will allow partners and customers to build their own applications on top of the base platform.

Providing a desperately needed solution, it’s no wonder that this enterprising new business has managed to make such an impact on the industry so quickly. Makersite allows better decisions to be made quickly and accurately. In a rapidly changing landscape, it’s the boost that every company is looking for.

Categories: News


You Might Also Like
Read Full PostRead - Eye Icon
2016’s Most Innovative Hedge Fund Manager, Bermuda
Finance
30/06/20162016’s Most Innovative Hedge Fund Manager, Bermuda

Equilibria Capital is a highly innovative asset management company focused on managing investment funds and separate accounts for private and institutional clients.

Read Full PostRead - Eye Icon
2016’s Ones to Watch in Environmental Due Diligence
Corporate Social Responsibility
01/07/20162016’s Ones to Watch in Environmental Due Diligence

Arcadis is the leading global design and consultancy firm for natural and built assets.

Read Full PostRead - Eye Icon
Celebrating The Mutual Benefit Of Volunteering
Corporate Social Responsibility
30/05/2024Celebrating The Mutual Benefit Of Volunteering

Colleagues from the region’s largest building society have been sharing their positive experiences from volunteering their time and skills to help others, in the lead up to Volunteers’ Week 2024 (3rd – 9th June).

Read Full PostRead - Eye Icon
Unlocking Potential
Finance
04/01/2017Unlocking Potential

The Islamic Corporation for the Development of the Private Sector (ICD) is the private sector arm of the Islamic Development Bank (IDB), the world’s largest Sharia’a compliant multilateral institution. A spokesperson from the firm reveals more about the fi

Read Full PostRead - Eye Icon
Tele Columbus Acquisition of PrimaCom
Finance
03/08/2015Tele Columbus Acquisition of PrimaCom

Tele Columbus Acquisition of PrimaCom

Read Full PostRead - Eye Icon
BMW Sees June Sales Boost
Finance
20/07/2015BMW Sees June Sales Boost

The car firm has released its June figures which show that their sales increased in June, giving the firm a positive result for the first half of 2015.

Read Full PostRead - Eye Icon
Work Better, Not More: How to Improve Your Workflow at Home
Strategy
15/10/2020Work Better, Not More: How to Improve Your Workflow at Home

Being a remote worker can cause you to feel like you never actually have time off. You may find yourself replying to emails when you're in bed, or texting a coworker about a project while you're cooking dinner. For workaholics and perfectionists, the pressure

Read Full PostRead - Eye Icon
Should You Have a Mortgage During Retirement
News
30/10/2023Should You Have a Mortgage During Retirement

Retirement is something most of us look forward to with great excitement and expectation, offering us an opportunity to enjoy the fruits of our labor while taking up hobbies we truly care about. One key decision often raised when entering retirement is whether

Read Full PostRead - Eye Icon
The Psychology of Spending: How to Overcome Emotional Spending Habits
News
01/04/2024The Psychology of Spending: How to Overcome Emotional Spending Habits

In the realm of personal finance, understanding the psychology behind spending habits is crucial. Emotional spending can be a significant roadblock on the path to financial wellness. Today, we’re delving into the psychological triggers of emotional spend



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow