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EXHIBITOR NEWS: Fractory

Another participant in this year's Smart Factory Expo is Fractory - a company that has taken sheet metal fabrication online. The online manufacturing platform lets people upload CAD drawings or 3D models for instant pricing. Their proprietary algorithms calculate quotes in seconds, ensuring significantly reduced times for procurement processes.

The company was founded by engineers for engineers. Being in the industry themselves, the founders felt how back-and-forth emailing and calling for quotes cuts the focus that should be directed towards making better products. So befitting of engineers, they started looking for a solution. While there were some online manufacturing options already on the market, all of them were directed towards DIY enthusiasts or otherwise small orders.

Fractory changed that by focusing on industrial needs. Using Scandinavia and the Baltic region as the initial test market, the company entered the UK in early 2019. Constantly growing customer numbers and order sizes due to growing trust in the British market are indicators of a great beginning. Customers can enjoy the possibility of using the free quoting system for comparing the costs of different solutions.

At the same time, the possibility to manufacture without the need for drawings frees up about 20% of an engineer's time. Fractory's platform has partnered with over 30 manufacturing companies all over Europe, including the UK. Having such a network of pre-vetted production partners enables short lead times and competitive prices for any kind of order, as there is a lot of capacity on offer.

At the same time, the company takes full responsibility for each step - from quoting and manufacturing to delivery. Improving efficiency in the manufacturing industry, Fractory often acts as the procurement department for SMEs. Without having the necessary manpower, companies turn to Fractory's platform that automatically chooses the fitting producer for a particular job. The goal of this sheet metal fabrication platform is to greatly reduce machinery idle times for manufacturing partners, while offering all production capabilities for customers in one place.

Contact: andreas.velling@fractory.com

 
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