Authentise, a leader in data-driven workflow tools for additive manufacturing, announced the acquisition of all assets of Elements Technology Platform, a 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.
The combination of the two companies, brings together 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.
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.”