PASADENA, Calif.--(BUSINESS WIRE)--Supplyframe today announced its ongoing growth and leadership as it continues to drive end-to-end transformation across the global electronics value chain. The Design-to-Source Intelligence (DSI) platform delivers prescriptive recommendations for engineering, sourcing and supply chain decision makers through contextual AI with new, expanding sustainability capabilities. The company is now contributing to the shared innovation of Siemens Digital Threads and serving an ever-expanding base of customers.
“Our growth and innovations this year highlight our continued commitment to serving customers across a range of industries,” said Supplyframe CEO and founder Steve Flagg. “By leading the way in digital transformation in engineering, procurement, and market engagement, we’re adding customer value, increasing the adoption of our game-changing solutions, and significantly growing Supplyframe’s business.”
Growing adoption
Supplyframe this year attracted 22 new enterprise customers adopting DSI SaaS solutions across the aerospace and defense, automotive, consumer electronics, and industrial equipment industries.
The company’s Component Search Engine and DesignSense Models hit 1 million total registered users in September. Design engineers using the Component Search Engine, which provides free access to schematic symbols, printed circuit board footprints, and 3D models, drive more than 250,000 downloads per month and influence more than 2.5 million net new hardware design cycles globally. More than 50 component manufacturers and more than 60 distributors now offer the SamacSys ECAD models on their websites as it is embraced by the wider industry.
DirectSource, Supplyframe’s direct materials procurement and sourcing solution, has experienced 250% year-over-year growth, leading market adoption within the direct materials procurement software space. Findchips, which provides global engineering and procurement buyers with a single place to view current pricing and inventory from the world’s largest electronic part distributors, has reached more than 5 million searches per month and 75 million searches annually. Meanwhile, engineering professionals download more than 60,000 datasheets per month from The Datasheet Archive, the world’s largest free resource of electronic component datasheets and application notes.
Ongoing innovation
Supplyframe’s recent innovations include a major new release of its DSI Solutions, unveiled earlier this year. This release includes first-of-their-kind capabilities to empower electronics design engineers, product leaders, and supply chain professionals with AI Insights – contextual market intelligence that identifies potential risk factors for commodities in bills of materials (BOMs). DSI Platform 2.0 also introduced a comprehensive Risk Index that provides common standards for assessing product risk across a product lifecycle and the broader portfolio.
Also this year, the company announced the Electronics Product Carbon Footprint (ECPF), which provides carbon footprint intelligence for more than 380 million parts. Now professionals working on new product designs and BOMs have visibility into CO2 footprints of components.
Additionally, Supplyframe is now part of the shared innovation of Siemens Digital Threads across six industries. Siemens Digital Threads, integration with Teamcenter, and Mendix enable closed-loop decision-making and extended process configuration to enable collaboration and expanded use of real-time market intelligence for organizations within the DSI network.
Plus, Supplyframe has been working with domestic components manufacturers in China and helping to scale the discoverability of more than 200 Chinese suppliers and their parts catalogs.
“Our innovations help companies become more resilient and profitable by empowering them with real-time information to better understand where risk exists, operationalize contextual risk insights, ensure smooth sourcing and production, and make smarter decisions,” said Richard Barnett, chief marketing officer and SaaS sales leader at Supplyframe. “By leading the way to supply chain transformation, we are adding customer value and growing our business.”
"The growing complexity of electronics in today's products represents a significant risk to delivering development programs on schedule, on cost, and on quality," said Chad Jackson, president and principal analyst at research and advisory firm Lifecycle Insights. "Digital transformation initiatives that deliver greater visibility and seamless collaboration offer today's manufacturers a means of mitigating that risk. Supplyframe provides a powerful, centralized platform for this purpose, allowing all stakeholders to access and share information."
Continuing engagement
To ensure it is always listening to and contributing to the conversation, Supplyframe this year also hosted and participated in many of the supply chain industry’s most important events.
Look for Supplyframe at Electronica 2024 this week. In 2024, Supplyframe also took part in Embedded World, Gartner Supply Chain Symposium/Xpo 2024, Hackaday Supercon, Hannover Messe 2024, Realize LIVE Americas, and Women in Electronics. Supplyframe this year also organized and hosted a compelling series of Supplyframe Executive Insights webinars.
Want to learn more about Supplyframe and the innovative solutions it delivers?
Join Supplyframe and Jabil for an exclusive pre-Electronica reception Nov. 11 in Munich.
To schedule a meeting with Supplyframe at Electronica 2024, please sign up here.
About Supplyframe
Supplyframe’s unmatched industry ecosystem, and pioneering Design-to-Source Intelligence (DSI) Solutions, are transforming how people and businesses design, source, market, and sell products across the global electronics value chain. Leveraging billions of continuous signals of design intent, demand, supply, and risk factors, Supplyframe’s DSI Platform is the world’s richest intelligence resource for the electronics industry. Over 12 million engineering and supply chain professionals worldwide engage with our SaaS solutions, search engines, and media properties to power rapid innovation and optimize in excess of $150 billion in annual direct materials spend. Supplyframe is headquartered in Pasadena, Calif., with offices in Austin, Belgrade, Grenoble, Oxford, San Francisco, Shanghai, and Shenzhen. To join the Supplyframe community, visit supplyframe.com and follow us on LinkedIn, X, Instagram, and YouTube.
