Single Source of Truth
The transparency drives better data-based decisions. Clear view of cost breakdown, market impact, supplier and spend outliers across procurement and cost engineer teams.
AI-powered cost analytics, should costing, supplier benchmarking and mass calculation from technical drawings and CAD files.
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PartSpace powers procurement and cost engineering workflows at leading enterprises, backed by industry certifications and secure cloud infrastructure.
From scattered data to hidden costs, the road from design to delivery is full of obstacles slowing teams down
The transparency drives better data-based decisions. Clear view of cost breakdown, market impact, supplier and spend outliers across procurement and cost engineer teams.
Accelerated decision-making, shorter product development cycles by empowering design-to-cost strategies and providing cost engineers with real-time insights to optimize designs early.
Higher efficiency by reducing manual and repetitive tasks, leveraging automated mass calculations and advanced search capabilities to provide seamless access to data across departments.
Fast and structured prioritization of cost-reduction opportunities across all the technical parts.
We have been developing PartSpace AI since 2021 to optimise sourcing and manufacturing process for technical components for saving time and money.
Automated cost and value analysis and supplier benchmarking instantly for thousands of parts with 2D and 3D technical drawings.
Data Connection
Start with the data you already have. We integrate technical and business information from your core systems of record (ERP, PLM, SRM, and CRM) to create a unified, reliable foundation.
Creating Your Cost Engineering Tool
PartSpace AI extracts geometry and attributes, combining with market data, performs mass calculation and cost-driver analysis and applies NLPP to interpret technical and commercial data across systems. Powered by LLMs, neural networks, machine learning, and regression models, it delivers should-cost , cost breakdown and supplier benchmarking.
Onboarding and Training
Your AI-powered cost and spend analytics software will be fully operational for cost engineers and procurement teams. Supported by an agile implementation team and dedicated customer success managers, you’ll unlock savings across thousands of parts in turning, milling and other manufacturing technologies.
Leading manufacturers trust PartSpace AI. Here’s how they describe the impact:
Let’s review your current setup and identify high-impact savings opportunities together.
Let’s review your current setup and identify high-impact savings opportunities together.
Every feature is purpose-built to enhance cost engineering and procurement performance, delivering trusted insights and enabling scalable cost optimization.
Estimate the cost of new components instantly by comparing them to similar existing parts. This delivers immediate benchmarks for procurement and engineering.
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PartSpace AI brings true intelligence, combining engineering data clarity, target costing and sourcing insights in one platform
6-8 weeks implementation.
Visual reports reveal duplicates, price outliers, and bundling opportunities for instant cost savings.
Machine learning automatically classifies, deduplicates and clusters millions of CAD files.
Combines data cleaning similarity analysis, should-costing and supplier benchmarking in one seamless platform.
Depend on static rules and heavy consulting to configure, making adoption slow and rigid.
Solve only one part of the workflow, either classification or cost estimation, but rarely both.
Complex integrations take months before value is visible.
Deliver clean data but stop short of showing savings opportunities or supplier benchmarks.
Your data is mission-critical. PartSpace is built on enterprise-grade security, regularly tested and audited by leading independent institutions ensuring uncompromising protection and full compliance at all times.
All data is encrypted in transit.
Hosted on ISO 27001 & SOC 2 certified cloud providers (Azure).
Role-based permissions, MFA (multi-factor authentication), and SSO (Single Sign-On).
Your supplier and cost data are never shared across clients.
Penetration testing and monitoring to identify vulnerabilities before they become risks.
Aligned with GDPR and industry standards to support regulated industries (Aerospace, Medical, Automotive).