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I-Cubed to Acquire Akoya for Supply Chain Analysis

Enterprise technology solutions firm, I-Cubed, today announced the acquisition of Akoya, Inc., a Chicago-based supply chain analytics solution provider of patented analytic software that helps manufacturers reduce product costs by identifying pricing inefficiencies and optimizing supplier management decisions.

This acquisition represents a significant expansion of I-Cubed’s PLM related service offerings. The addition of Akoya’s part-costing data analytics and optimization technologies to I-Cubed’s strength in PLM, CAD data management and data migration will allow the company to enhance its customers’ ability to realize significant savings within their supply chains.

Akoya analytics technology couples the complex information in the CAD models of engineered parts with purchasing data to provide optimized costing and supply chain information. Caterpillar, John Deere, Textron and AGCO have used this application to reclaim over $100M in direct material savings.

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Last modified onMonday, 31 March 2014 03:47
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