Authentise Acquires Elements to Deliver Data-Driven Flexibility Across Manufacturing
Combination of award-winning capabilities refocuses Industry 4.0 to provide the pragmatic flexibility required to solve manufacturing supply chain challenges
Philadelphia, PA, 10 February 2022 – Authentise (www.authentise.com), the leader in data-driven workflow tools for additive manufacturing, today announced the acquisition of all assets of Elements Technology Platform (www.elementstechnology.com), the provider of self-serve workflow tools for manufacturing. As part of the transaction, Elements’ team will join Authentise.
The partnership enables discrete manufacturers everywhere to access connected workflow management solutions used by the world’s leading additive manufacturing companies to manage their lot-size 1 operations efficiently, flexibly, and transparently. “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.” 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. Mr. Wegner goes on to add “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.” Even before the acquisition, Authentise was able to deliver significant efficiency savings, reducing order management times by 80 percent and manufacturing preparation times reduced by more than 95 percent at Boeing Additive Manufacturing. Mr. Wegner continues, “Our goal, together, is to bring flexibility and responsiveness benefits like these, typically associated with additive manufacturing, to a broader manufacturing audience. With our diverse experiences we believe we will be able to rapidly accelerate towards our joint mission of delivering end-to-end transparency, reliability, and efficiency to manufacturing operations using data. We’re delighted to welcome the Elements team and customers on board.”
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.” Enterprises looking to support their most agile business units across fabrication and prototyping, get in touch here (https://www.authentise.com/contact-us).
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Authentise delivers data-driven process automation software for advanced manufacturing. Its two products include aMES, a workflow management engine using machine data for automation, and 3Diax, a platform of manufacturing related software modules. These tools help Boeing, Ricoh, 3M, Danfoss and others at the forefront of R&D, prototyping and production to reduce effort and cost, improve traceability and transparency, and deliver quality. The products also serve as their core contextual data engine in manufacturing, enabling them to easily build connected Industry 4.0 solutions. The company was founded in 2012 in San Francisco and operates offices in Philadelphia and London.
About Elements Technology Platforms
Elements Technology provide simple and accessible software solutions for manufacturers looking to improve communication and transparency, both between staff, and with customers. The multi-award-winning Elements Docket provides manufacturers with a quick and accurate method of recording order progress using contactless technology, whilst simultaneously providing other users with a live view of WIP, including any comments or photos taken on the shop floor. Elements Technology was founded in 2018 and has been based in Sheffield, United Kingdom for the past three years.