PartSpace AI

AI-Powered Spend Analytics for CAD-Based Components

Turn engineering design data into actionable business insight

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product features

Benchmarking engineering components, costs and suppliers with AI

PartSpace AI transforms engineering and supplier data into fast, actionable cost insights.

SOLUTION OVERVIEW

Analytics & Dashboards

Turn raw data into easy-to-read dashboards that reveal savings, outliers, and efficiency gains.

CAD Classification & Deduplication

Clean up messy CAD libraries by automatically organizing, classifying, and removing duplicates at scale.

AI-Powered Should-Costing

Get instant, AI-driven, precise cost target for new and existing designs. No more manual calculations or guesswork.

Supplier Benchmarking

Compare supplier pricing and performance side by side to choose the best partner every time.

Analytics & Dashboards

Turn raw data into easy-to-read dashboards that reveal savings, outliers, and efficiency gains.

CAD Classification & Deduplication

Clean up messy CAD libraries by automatically organizing, classifying, and removing duplicates at scale.

AI-Powered Should-Costing

Get instant, AI-driven, precise cost target for new and existing designs. No more manual calculations or guesswork.

Supplier Benchmarking

Compare supplier pricing and performance side by side to choose the best partner every time.

From complexity to clarity

How PartSpace AI is implemented

Our AI turns engineering data into organized insight, saving time, money and effort at every step.

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Connecting your data

Creating a single source of truth

2D and 3D drawings, BOM/ERP records and procurement data in one place to create a complete foundation and a single technical dataset.

AI Learning from geometry and cost analysis

Custom-made AI based on your Data

PartSpace AI classifies, deduplicates, and clusters thousands of parts while predicting costs and benchmarking suppliers. By simulating the way engineers think, it removes guesswork and turns messy datasets into clear insights.

Clear outputs

Insights you can act on

You work in one platform where you can search your part data, run similarity analysis, analyze costs, and compare suppliers, making duplicates, cost outliers, and optimization opportunities visible across the entire part portfolio. PartSpace AI aligns procurement and engineering teams around the same data.

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Product features

Enterprise-grade capabilities, powered by AI

Inside PartSpace AI, every feature is built to automate cost engineering and procurement tasks, deliver reliable insights and uncover cost savings at scale

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Searchable, structured and organised parts portfolio

PartSpace AI organizes, classifies and connects engineering part data across existing product portfolios.

Automatically classify and structure engineering parts

Analyse geometry, materials and manufacturing processes

Search and filter across entire portfolio

Identify and cluster similar components

Calculate target costs before supplier negotiations begin

PartSpace AI uses technical part features, manufacturing logic and historical data to generate pricing models and realistic target costs for new and existing CAD based components and assemblies.

Generate target costs from technical part data

Detect price outliers against benchmark

Support make-or-buy and sourcing decisions

Precise target prices for new and existing components

Identify savings opportunities through cost benchmarking

The platform analyses prices, technical parameters and comparison groups to identify cost drivers, pricing expectations and savings opportunities for new and existing CAD based components.

Detect pricing outliers and cost deviations

Identify savings potential automatically

Validate supplier quotes and pricing structures

Perform bottom-up calculations

Achieving a minimum 12% potential savings

Benchmark suppliers based on technical and commercial fit

PartSpace AI connects engineering data with supplier and market intelligence to benchmark suppliers across capabilities, pricing, materials and manufacturing processes.

Profile suppliers by capabilities and processes

Identify suitable suppliers for new or existing parts

Compare pricing across clusters and materials

Sourcing Intelligente With Supplier Benchmarking

Automate sourcing workflows and procurement decisions

PartSpace AI converts technical data into procurement-ready workflows and reduces manual coordination across sourcing activities by 55%.

Prepare RFQs, BOMs and specifications automatically

Automate repetitive procurement tasks

Translate technical data into sourcing decisions

Reduce manual analysis and coordination effort

Connect ERP, SRM and PLM systems in one data environment

PartSpace AI integrates with existing ERP, SRM and PLM environments through standard APIs and supports common engineering and procurement data formats.

implementation in 6 weeks.

Enable fast onboarding and data imports

Centralize engineering and procurement data

Reduce IT implementation effort

What PartSpace AI Extracts from your Technical Data

Extract Cost-Relevant Insights from CAD and Drawing Data

PartSpace AI extracts critical insights directly from CAD and technical data, transforming complexity into clear and actionable knowledge.

Material specifications

Automatically detects and structures material data (e.g., 16MnCr5, Al6061) for faster sourcing and compliance.

Dimensions & Geometries

Extracts surface areas, hole patterns, and tolerances instantly, enabling manufacturability and cost analysis.

Surface Treatments & Finishes

Identifies Ra values, coatings, and finishes so critical requirements are captured without manual effort.

Production Requirements

Translates drawings into production insights, recommending the right process — CNC, molding, sheet metal, or additive.

Part Classification & Grouping

Clusters similar or duplicate parts across libraries, cutting redundancy and revealing savings.

Spend Analytics

Combines geometry, material, and complexity data to benchmark prices and expose should-cost gaps.

Beyond rules, toward real intelligence

The PartSpace Advantage

PartSpace AI brings true intelligence, combining engineering data clarity, target costing and sourcing insights in one platform

PartSpace AI

Fast rollout, proven ROI

Implementation within 6 weeks. 20x return on investment.

AI developed on your own data

The AI learns from the company’s own data and is specifically supplemented by real market data from our experts.

Identify hidden savings potential

Overview of duplicates, price outliers, similar components and unnecessary variants in the existing portfolio

Bottom-up calculation

Precise target costs are derived directly from technical characteristics, manufacturing processes, material usage, process steps and comparative data.

True AI automation

PartsAgent automatically prepares classifications, plausibility checks, supplier suggestions, and next steps.

End-to-end optimization

Combines data cleaning similarity analysis, should-costing and supplier benchmarking in one seamless platform.

Other AI technologies

Long rollout

Limited actionable insights

Limited scope of the process

Fragmented tool landscape

High manual effort

Rule-based setup

Poor alignment with business realities

Weak technical depth

Lack of scientific depth

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Your Data, Fully Protected

Enterprise-Grade Security You Can Trust

We know your part, cost, and supplier data are among your most valuable assets. That’s why PartSpace is built on enterprise-grade security standards, ensuring your information stays private, compliant, and protected at all times

End-to-End Encryption

All data is encrypted in transit.

Secure Infrastructure

Hosted on ISO 27001 & SOC 2 certified cloud providers (Azure).

Strict Access Controls

Role-based permissions, MFA (multi-factor authentication), and SSO (Single Sign-On).

Data Anonymization & Segmentation

Your supplier and cost data are never shared across clients.

Regular Security Audits

Penetration testing and monitoring to identify vulnerabilities before they become risks.

Compliance-Ready

Aligned with GDPR and industry standards to support regulated industries (Aerospace, Medical, Automotive).

WHO IS IT FOR?

Built for the people who shape, source and decide

PartSpace AI is designed to align procurement, cost engineers, value engineers, sourcing and supply chain teams together to achieve their KPIs and plans, guiding them through strategic decision-making

COST ENGINEERING SOFTWARE

PROCUREMENT PLATFORM