Friday, November 22, 2024

Makersite Announces Strategic Partnership with WSP to Transform Product Lifecycle Analysis and Supply Chain Management

Makersite, a Stuttgart-based start-up pioneering a new approach to automated lifecycle analysis and supply chain management, is excited to announce its strategic partnership with WSP, a global leader in professional services. This collaboration marks a significant step forward in utilizing cutting-edge technology and expertise to revolutionize product lifecycle analysis and digital twin technology for manufacturers worldwide.

Makersite’s innovative approach combines data from over 140 material, process, and supplier databases, creating highly accurate digital twins of products and their supply chains. This data foundation, coupled with Makersite’s native applications and API-first architecture, offers manufacturers unprecedented insights into their products and supply chains. The result is a comprehensive understanding of regulatory compliance, environmental impact, supply risk, and production costs – all integrated seamlessly into existing IT infrastructures.

WSP, the global professional services firm known for its excellence in Environmental, Social, and Governance (ESG) consulting and digital solutions, brings a wealth of experience as a system integrator and implementation partner to this partnership. Together with WSP, Makersite aims to deliver solutions that enable product teams to make complex, multi-criteria design decisions 50x faster than traditional methods, as well as enhance product quality and speed to market.

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“The partnership with WSP represents a major milestone for Makersite,” said Makersite CEO Neil D’Souza. “By combining our advanced digital twin technology with WSP’s expertise in EHS & ESG consulting, we are setting a new standard in the industry. Our combined efforts will empower manufacturers to make better, faster decisions, transforming the way they manage their product lifecycles and supply chains.”

Daniel Sakrisson, Senior Vice President, Digital Advisory at WSP, added, “We are thrilled to partner with Makersite. Their technology enhances our digital services portfolio, enabling us to offer more options for automated and scalable sustainability and product lifecycle intelligence to our clients. This partnership aligns with our commitment to innovation, sustainability and efficiency, helping our clients achieve their goals in these critical areas.”

The Makersite-WSP partnership is a significant step and a paradigm shift in how manufacturers approach product design and supply chain management, making a significant impact on efficiency, sustainability, and compliance.

SOURCE : BusinessWire

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