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COVALYZE Big Data Platform
AI-supported cost optimization for companies
COVALYZE combines detailed technical specifications with all commercial data. The result is a completely new level of transparency for all purchased materials AND services – every single item with all technical details, supplier prices, quantities and raw material prices or labor costs. What’s the benefit? A completely new data platform for AI-supported analyses, such as target price calculations and detailed savings potential!
6,5% average savings
potential per category
More than 90 different
categories
Over 1 billion €
spend analysed
COVALYZE Big Data Platform
AI-supported cost optimization for companies
COVALYZE combines detailed technical specifications with all commercial data. The result is a completely new level of transparency for all purchased materials AND services – every single item with all technical details, supplier prices, quantities and raw material prices or labor costs. What’s the benefit? A completely new data platform for AI-supported analyses, such as target price calculations and detailed savings potential!
6,5% average savings
potential per category
More than 90 different
categories
Over 1 billion €
spend analysed
How does COVALYZE work?
Detailed technical specifications and price information for engineers and purchasers
COVALYZE is a next level AI software that replaces task specific tools, like category specific EXCEL-sheets. COVALYZE combines multiple AI-technologies like automated digitization of technical data, automated cleaning of commercial data, price prediction of raw material and advanced machine learning for detailed product cost optimization.
Automated digitization technical data
COVALYZE uses AI-supported digitization technologies to automatically capture and process technical data. From complex technical drawings to detailed specifications – Covalyze enables precise digitization for AI-supported data analysis.
Automated connectivity with market intelligence data
Connect your manufacturing data with the latest market intelligence. COVALYZE provides automated connectivity with market intelligence data to ensure you are always up to date. Use real-time information to make informed decisions and strengthen your competitive position.
Machine learning for product cost optimization
The future of product cost optimization is here – with COVALYZE and machine learning. Our software intelligently analyses components, identifies potential savings and suggests optimizations. Increase your efficiency and reduce costs with precise, AI-driven analyses.
What’s the benefit of COVALYZE?
Better features at better prices
If you don’t understand the specifications you are buying, you are negotiating poorly. If you only put parts out to tender and compare three offers, you are not using your company’s global knowledge. COVALYZE uses big data and analyzes hundreds or thousands of article numbers of a product group and determines the true price-driving technical and commercial parameters to optimize your negotiations. The results? Better features at better prices!
Better data quality for materials and services
Global and automated data transparency for all product groups.
Precise technical levers
AI-supported analysis of price drivers, duplicates, overpriced suppliers, and much more!
Detailed technical specifications
AI-supported data extraction of specifications and drawings
Intelligent raw material price monitoring
AI-supported real-time monitoring of price forecasts for many raw materials
Detailed overview of savings
Global transparency of savings at supplier and item level
How does COVALYZE work?
Detailed technical specifications and price information for engineers and purchasers
COVALYZE is a next level AI software that replaces task specific tools, like category specific EXCEL-sheets. COVALYZE combines multiple AI-technologies like automated digitization of technical data, automated cleaning of commercial data, price prediction of raw material and advanced machine learning for detailed product cost optimization.
Automated digitization technical data
COVALYZE uses AI-supported digitization technologies to automatically capture and process technical data. From complex technical drawings to detailed specifications – Covalyze enables precise digitization for AI-supported data analysis.
Automated connectivity with market intelligence data
Connect your manufacturing data with the latest market intelligence. COVALYZE provides automated connectivity with market intelligence data to ensure you are always up to date. Use real-time information to make informed decisions and strengthen your competitive position.
Machine learning for product cost optimization
The future of product cost optimization is here – with COVALYZE and machine learning. Our software intelligently analyses components, identifies potential savings and suggests optimizations. Increase your efficiency and reduce costs with precise, AI-driven analyses.
What’s the benefit of COVALYZE?
Better features at better prices
If you don’t understand the specifications you are buying, you are negotiating poorly. If you only put parts out to tender and compare three offers, you are not using your company’s global knowledge. COVALYZE uses big data and analyzes hundreds or thousands of article numbers of a product group and determines the true price-driving technical and commercial parameters to optimize your negotiations. The results? Better features at better prices!
Better data quality for materials and services
Global and automated data transparency for all product groups.
Precise technical levers
AI-supported analysis of price drivers, duplicates, overpriced suppliers, and much more!
Detaillierte Technische Spezifikationen
KI-gestützte Extraktion von Spezifikationen und Zeichnungen
Intelligent raw material price monitoring
AI-supported data extraction of specifications and drawings
Detailed overview of savings
Global transparency of savings at supplier and item level
Transform your production with COVALYZE!
Ready to maximize the use of your data and optimize costs?
Start now: Experience COVALYZE live:
Take the first step towards increasing efficiency and optimizing costs. Contact us for a personal demo and find out how COVALYZE can improve your purchasing function.
COVALYZE Features
Target Price Calculator
With the Target Price Calculator from Covalyze, you can optimize your pricing precisely and based on data. Get real-time insights into market data, historical prices and forecasts to set strategic pricing targets and strengthen your competitiveness.
COVALYZE Features
Savings Potential
Discover untapped savings potential with Covalyze. Our software precisely analyzes your specifications and identifies areas for efficiency improvements. Maximize your savings by making informed decisions based on AI-driven analysis.
COVALYZE Features
Similar Parts
Simplify your sourcing strategy with Covalyze Similar Parts. Identify similar parts in your product range to leverage global synergies, optimize inventory and reduce costs. Speed up the procurement process and minimize supplier risks for a more efficient supply chain.
COVALYZE Features
Target Price Calculator
With the Target Price Calculator from Covalyze, you can optimize your pricing precisely and based on data. Get real-time insights into market data, historical prices and forecasts to set strategic pricing targets and strengthen your competitiveness.
COVALYZE Features
Savings Potential
Discover untapped savings potential with Covalyze. Our software precisely analyzes your specifications and identifies areas for efficiency improvements. Maximize your savings by making informed decisions based on AI-driven analysis.
COVALYZE Features
Similar Parts
Simplify your sourcing strategy with Covalyze Similar Parts. Identify similar parts in your product range to leverage global synergies, optimize inventory and reduce costs. Speed up the procurement process and minimize supplier risks for a more efficient supply chain.
COVALYZE for Super-User
New COVALYZE Data Connector for Super-User
Extraction with AI precision – The Data Connector learns from your CAD drawings and automatically extracts technical parameters.
Forecasts on a new level – The Data Connector uses AI to generate well-founded forecasts for your commodities from historical market data.
Data flow redefined – The Data Connector provides a powerful, flexible database to fully automate your component data.
COVALYZE für Super-User
New COVALYZE Data Connector for Super-User
Extraction with AI precision – The Data Connector learns from your CAD drawings and automatically extracts technical parameters.
Forecasts on a new level – The Data Connector uses AI to generate well-founded forecasts for your commodities from historical market data.
Data flow redefined – The Data Connector provides a powerful, flexible database to fully automate your component data.
Unsere Partner
Our Partners
Transform your production with COVALYZE!
Ready to maximize the use of your data and optimize costs?
Transform your production with COVALYZE!
Ready to maximize the use of your data and optimize costs?
Customer Success Stories
What our customers are saying
We have already used COVALYZE for our numerous mechanical components. COVALYZE convinced us with its high level of automation in data cleansing. We were quickly able to confirm the calculated savings potential with selected suppliers by obtaining lower prices from other suppliers.
Deutsche Bahn has already optimized several complex product groups with the COVALYZE software since 2022 and is currently rolling out the software solution. We see the software as a significant boost in the digitalization of complex data models for the operation of Deutsche Bahn AG's facilities and are aiming for a long-term partnership with COVALYZE.
The CVE team at Siemens SI has tested COVALYZE for mechanical components. The results obtained were examined in detail and found to be very good.
The tool enables global price comparisons, taking into account the technical properties of the parts. With the digitalization of technical drawings and the Similar Part" technology, COVALYZE shows what is technically possible today.
COVALYZE offers amazingly deep insights into technically complex product groups. We were impressed by the clear visualization of potential savings and the ease of use when navigating through the data. The automatic clustering of similar parts is particularly noteworthy. We have never seen this before in any other software.
Got a question? Contact us
Customer Success Stories
What our customers are saying
We have already used COVALYZE for our numerous mechanical components. COVALYZE convinced us with its high level of automation in data cleansing. We were quickly able to confirm the calculated savings potential with selected suppliers by obtaining lower prices from other suppliers.
Deutsche Bahn has already optimized several complex product groups with the COVALYZE software since 2022 and is currently rolling out the software solution. We see the software as a significant boost in the digitalization of complex data models for the operation of Deutsche Bahn AG's facilities and are aiming for a long-term partnership with COVALYZE.
The CVE team at Siemens SI has tested COVALYZE for mechanical components. The results obtained were examined in detail and found to be very good.
The tool enables global price comparisons, taking into account the technical properties of the parts. With the digitalization of technical drawings and the Similar Part" technology, COVALYZE shows what is technically possible today.
COVALYZE offers amazingly deep insights into technically complex product groups. We were impressed by the clear visualization of potential savings and the ease of use when navigating through the data. The automatic clustering of similar parts is particularly noteworthy. We have never seen this before in any other software.