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AI solutions that use big data to optimise your product costs
COVALYZE is an AI powered software suite that automates big data analysis for our customers in the manufacturing industry. We combine state of the art analytics technology with a user friendly interface, that allows engineers and procurement experts to drive down product costs by combining the power of their own data with the power of high quality market intelligence data. Our software has three modules,
Technical Data – automated digitisation of technical drawings
Connectivity – automated connectivity with market intelligence data
Category Analysis – big data machine learning to identity savings in mechanics, electronics and even services
„Get your procurement to peak performance by tackling the 90% of technical potential”
COVALYZE is a platform for OEMs and enterprise manufacturers needing to drive down costs of sourced components and services whilst accelerating time to market.
Higher negotiation impact
Better data = new insights
Successful strategies
Your benefits
„better data = new insights“
Working with your procurement data is important but not sufficient. For unlocking the full savings potential in procurement technical specifications need to be taken into account. By creating an integrated commercial and technical dataset COVALYZE creates the foundation for cost-optimized product design and similar part strategies which can subsequently both be tackled automatedly.
„higher negotiation impact“
Preparing negotiations means number crunching, but that’s the job of COVALYZE. Focus your teams on new insights from better category data and learn how artificial intelligence becomes easy-to-use for your global teams. With this preparation your negotiations will result in considerably better results.
Successful
strategies
A successful negotiation strategy is more than sending out RfQ’s! It starts with focusing on the business demand and needs cross-functional teamwork to develop a strategy. COVALYZE enables your category teams to deliver higher bottom line savings for your business.
„better data = new insights“
Working with your procurement data is important but not sufficient. For unlocking the full savings potential in procurement technical specifications need to be taken into account. By creating an integrated commercial and technical dataset COVALYZE creates the foundation for cost-optimized product design and similar part strategies which can subsequently both be tackled automatedly.
„higher negotiation impact“
Preparing negotiations means number crunching, but that’s the job of COVALYZE. Focus your teams on new insights from better category data and learn how artificial intelligence becomes easy-to-use for your global teams. With this preparation your negotiations will result in considerably better results.
Successful
strategies
A successful negotiation strategy is more than sending out RfQ’s! It starts with focusing on the business demand and needs cross-functional teamwork to develop a strategy. COVALYZE enables your category teams to deliver higher bottom line savings for your business.