CEAC-2022-03-March
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
News<br />
Authentise Acquires Elements to<br />
Deliver Data-Driven Flexibility Across<br />
Manufacturing<br />
Philadelphia, Pa. — Authentise (www.authentise.com), the<br />
leader in data-driven workflow tools for additive manufacturing,<br />
today announced the acquisition of all assets of<br />
Elements Technology Platform (www.elementstechnology.<br />
com), the provider of self-serve workflow tools for manufacturing.<br />
As part of the transaction, Elements’ team will join<br />
Authentise.<br />
The partnership enables discrete manufacturers everywhere<br />
to access connected workflow management solutions used<br />
by the world’s leading additive manufacturing companies to<br />
manage their lot-size 1 operations efficiently, flexibly and<br />
transparently.<br />
“Elements is the perfect addition to the Authentise portfolio,”<br />
says Andre Wegner, CEO of Authentise. “Like Authentise,<br />
Elements have been laser-focused, providing manufacturing<br />
operations with the flexibility they need in the<br />
post-pandemic world with the efficiency that data enables in<br />
the 21st century.”<br />
The combination of the two companies, brings together a<br />
potent mix of tools and technologies for workflow management,<br />
real-time machine data insight, AI, RFID technologies<br />
and more, on a proven, open, data-driven platform for the<br />
manufacturing supply chain.<br />
With our diverse experiences we believe we will be able to<br />
rapidly accelerate towards our joint mission of delivering<br />
end-to-end transparency, reliability and efficiency to manufacturing<br />
operations using data. We’re delighted to welcome<br />
the Elements team and customers on board.”<br />
Joe Handsaker, CEO of Elements Technology, highlighted the<br />
untouched opportunities that both companies can tap together:<br />
“The real story of Industry 4.0 has yet to be written.<br />
The last 20 years have been wasted focusing on predictive<br />
maintenance and analytics, which have yielded very little<br />
return on investment. It’s time to refocus on what’s core to<br />
manufacturing: the worker. Supporting them with data and<br />
modern tools gives us more context in manufacturing, and<br />
allows us to drive better quality, insight and completely new<br />
business models. If nothing else, the pandemic has shown<br />
that a radical rethink of the way things are made and delivered<br />
is necessary. We’re delighted to have found a partner<br />
that understands that, and are excited to build a better<br />
future, together.”<br />
Enterprises looking to support their most agile business units<br />
across fabrication and prototyping, get in touch here<br />
(https://www.authentise.com/contact-us).<br />
Mr. Wegner goes on to add “Elements provides customers<br />
with a unique self-serve tool for all types of manufacturing<br />
operations, to quickly create, capture and access repeatable<br />
shop floor processes. Delivering intelligent production<br />
planning & scheduling, and real-time views of production<br />
customers can track orders, like they’re paying for coffee.<br />
These exciting services will become a key part of the combined<br />
Authentise portfolio.”<br />
Even before the acquisition, Authentise was able to deliver<br />
significant efficiency savings, reducing order management<br />
times by 80 percent and manufacturing preparation times<br />
reduced by more than 95 percent at Boeing Additive Manufacturing.<br />
Mr. Wegner continues, “Our goal, together, is to bring<br />
flexibility and responsiveness benefits like these, typically<br />
associated with additive manufacturing, to a broader manufacturing<br />
audience.<br />
Authentise’s and Elements’ combination of award-winning capabilities<br />
refocuses Industry 4.0 to provide the pragmatic flexibility required to solve<br />
manufacturing supply chain challenges.<br />
44<br />
| Chief Engineer