CIMdata PLM Industry Summary Online Archive

10 May 2012

Company News

aPriori Selected as a 2012 MITX Innovation Awards Finalist

aPriori has been selected as a finalist in the Best Business Operations Simplifier category for the MITX Innovation Awards. Held annually by the Massachusetts Innovation & Technology Exchange, the MITX Innovation Awards celebrate the innovations powering the future of marketing and revolutionizing the way we work and play.

“We were so impressed by this group during a very competitive year. It was amazing to see the range and depth of new things being created here, and we're very proud to honor their great achievements.”

"The 2012 finalists represent some of the best innovators in the region. These forward-thinking companies are developing unique, new solutions to problems that are game changing," said MITX President Debi Kleiman. "We were so impressed by this group during a very competitive year. It was amazing to see the range and depth of new things being created here, and we're very proud to honor their great achievements."

aPriori’s Product Cost Management software platform is a flexible and powerful costing engine that enables engineering, manufacturing and sourcing personnel to quickly and precisely determine the cost of a part or product by automatically pulling geometric and feature information from a computer-aided design (CAD) model. The software also leverages intelligent cost models to determine reasonable default inputs once the user has selected the manufacturing process, materials and the factory or region where a product or part will be produced. As a product evolves through the development lifecycle, users have the ability to refine the cost by providing detailed inputs and overriding defaults to create a should-cost for negotiation or a manufacturing estimate. Using this new level of cost knowledge, companies can make more informed design, production and sourcing decisions and significantly reduce product costs without impacting product quality.

aPriori will be recognized with the other finalists in the category of Best Business Operations Simplifier at the ceremony traditionally attended by over 350 of the region’s top interactive marketing and technology professionals. Winners will be announced at the ceremony in the Westin Copley Place on Tuesday, June 12th at 6pm. Tickets can be purchased at www.mitxawards.org/innovation.

The 2012 MITX Awards couldn’t happen without the help of its sponsors. Event Sponsors: Atom Group, Cassidy Turley FHO, DLA Piper. Creative Partner: Metropolis Creative.

 

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