Elements Technology becomes the first company AM Software developer Authentise acquires. The company develops a platform that delivers self-serve workflow tools for manufacturing.
Given Authentise’s expertise in data-driven workflow tools for additive manufacturing, this acquisition ambitions to provide a unique advantage to manufacturers across the world: they will be given easy access to connected workflow management solutions used by AM companies. This will provide further flexibility, efficiency and transparency in the management of their lot-size 1 operations.
“Elements is the perfect addition to the Authentise portfolio,” says Andre Wegner, CEO of Authentise. “Like Authentise, Elements have been laser focused providing manufacturing operations with the flexibility they need in the post-pandemic world with the efficiency that data enables in the 21st Century. Like Authentise, Elements have been laser focused providing manufacturing operations with the flexibility they need in the post-pandemic world with the efficiency that data enables in the 21st Century.”
The combination of the two companies, brings together a potent mix of tools and technologies for workflow management, real time machine data insight, AI, RFID technologies and more, on a proven, open, data driven, platform for the manufacturing supply chain, Authentise states in a press release.
“Elements provides customers with a unique self-serve tool for all types of manufacturing operations, to quickly create, capture and access repeatable shop floor processes. Delivering intelligent production planning & scheduling, and real time views of production customers can track orders, like they’re paying for coffee. These exciting services will become a key part of the combined Authentise portfolio”, Wegner adds.
Joe Handsaker, CEO of Elements Technology, highlighted the untouched opportunities that both companies can tap together: “The real story of Industry 4.0 has yet to be written. The last 20 years have been wasted focusing on predictive maintenance and analytics, which have yielded very little Return on Investment. It’s time to refocus on what’s core to manufacturing: the worker. Supporting them with data and modern tools gives us more context in manufacturing and allows us to drive better quality, insight, and completely new business models. If nothing else, the pandemic has shown that a radical rethink of the way things are made and delivered is necessary. We’re delighted to have found a partner that understands that and are excited to build a better future, together.”
Elements’ team will now be part of Authentise.
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