Makersite Company Research Report

Company Overview

Name: Makersite

Mission:

To help manufacturing companies make better decisions and create safer, more sustainable products through data-driven analysis, leveraging technology to enable corporations to have a more positive impact on their environment.

Founded:

• Year: No information available

• By Whom: Neil D’Souza

Key People:

• Neil D’Souza - Founder and CEO

• Fabian Hassel - VP Services

• Vatsan Govindarajan - Chief Technology Officer

• Bram de Bot - Director of Data

• Milan Cvejic - VP Engineering

• Julian Weitz - VP of Sales and Marketing

• Michael Portelli Madden - Head of Operations

Headquarters: No information available

Number of Employees: No information available

Revenue: No information available

Known For:

Makersite is known for being an award-winning data software company that develops next-generation product data management tools for the global manufacturing industry. The platform is renowned for combining data aggregation and live applications for agile product lifecycle management, enabling sustainability, cost, and compliance management.

Products

Makersite's Product Lifecycle Intelligence Software

High-Level Description:

A cloud-based platform that brings together manufacturers' product and supply chain data to create a digital twin of their products, enabling real-time analysis and decision-making across multiple areas including sustainability, cost, and compliance.

Key Features:

• Import Capabilities: Connects to CAD, ERP, and PLM systems to import product data in multiple formats.

• Data Mapping & Enhancement: Enhances product data with materials, substances, and supply chain information from an extensive database.

• Collaborative Analysis: Allows collaborative analysis and reporting on sustainability, compliance, and cost through a digital twin product model.

• Trade-off Analysis: Facilitates decisions across various metrics like cost, carbon footprint, compliance, and supply chain risk.

• Real-time Data Integration: Provides real-time data and reports for various teams, enabling faster decision-making.

• Comprehensive Database: Access to over 140 integrated data sources for detailed analysis.

Recent Developments

New Partnerships

• Daikin Europe: Daikin Europe joined Makersite to integrate AI-enabled product lifecycle intelligence software to manage sustainability, cost, and compliance in their product design process.

Product Launches and Feature Updates:

• Microsoft LCA 2.0: Microsoft partnered with Makersite to transform their LCA methodology into a supply chain-specific environmental impact accounting process, automated and scaled to improve identification of environmental hotspots and enhance supply chain decisions.

• Autodesk Fusion 360 Plug-in: A new partnership with Autodesk combines Makersite’s environmental impact and cost data with Autodesk Fusion 360’s product design data, helping designers calculate and understand the environmental and cost impacts in real-time.

Examples of AI-enabled LCA:

• Microsoft: Microsoft uses Makersite's AI to analyze the bill of materials for Surface devices, achieving reductions up to 28% in carbon footprints for the Surface Pro 10 within two years.

• Barco: Barco implemented automated LCAs and PEFs at SKU level using Makersite, improving environmental reporting efficiency and fostering eco-design in product development.

• Cummins: Cummins incorporated Makersite’s solutions to digitize supply chains, enhance supply chain transparency, and improve sustainability reporting capabilities.

Key Developments in Client Applications:

• Schaeffler: Schaeffler utilized Makersite to enable automated analyses of environmental impacts and optimize their supply chain to meet climate-neutral goals by 2040.

Conclusion:

Makersite's contributions to product lifecycle intelligence enable unprecedented levels of efficiency, accuracy, and sustainability within the manufacturing industry. The company's advanced AI solutions and comprehensive data foundations are pivotal in helping global enterprises navigate and optimize their product designs, cost management, and compliance strategies.