Makersite

🔎 Today, we're revisiting a recent blog on the recently revised Ecodesign framework designed to make products sold in the EU more reusable, repairable, upgradeable, and recyclable. ♻ It is development designed, as Italian lawmaker ALESSANDRA MORETTI noted at the time, "to put an end to the ‘take, make, throw away’ model that is so harmful to our planet, our health and our economy." ✅ In the blog, we take a look what the regulation is, what happens next, and what actions organizations should be taking. 👇 You can read the piece in full at the link below: https://lnkd.in/emd77yjV #ESPR #Ecodesign #Sustainability #Manufacturing

“AI washing” - what does it mean for climate tech? 🤖 When it comes to climate, the potential for exponential technologies like AI to unlock impact at scale is massive. While the hype is exciting, how do we make sure the right technology gets funded? We invited Carbon Re founder Aidan O'Sullivan, Makersite CEO Neil D'Souza and Sifted journalist Miriam Partington to unpack the buzz at the Planet A Summit. Key takeaways👇 - Investor demand for AI investments incentivises fundraising companies to ‘bolt AI on the side’ of their products, leading to “AI washing” and fuelling hype - Investors should focus on founders who are trying to solve a hard problem that AI can help solve as the core of the product solution - There are many great applications for AI and climate including material choices, process engineering and supply chain design - Shift in AI community from five years ago as “best” opportunities for AI scientists are now in solving massive climate problems instead of joining Facebook or Google - Ultimately, deep tech technologies simply require more sophisticated, deep tech investors The biggest threat of AI washing, according to Neil? Simply that huge amounts of money and time would be better spent elsewhere. What do you think, are we creating a somewhat artificial AI bubble that will, at some point, burst? 🧐

📢 Makersite and Carbon Minds forge new strategic partnership 📢 🤝 We're delighted to announce that we've teamed up with Carbon Minds, the provider of the largest and most regionalized product carbon footprint (PCF) and life cycle assessment (LCA) database for chemicals and plastics. 💻 The partnership ushers in a new era for both companies, and will integrate Carbon Minds’ entire database into Makersite’s data foundation for improved design, sourcing, and reporting. 🌱 Governments and companies worldwide are pledging to achieve net-zero emissions, but chemicals and plastics manufacturers often struggle to identify and eliminate the use of harmful materials and processes. With the integration of Carbon Minds’ PCF and LCA database for chemicals and plastics, cm.chemicals, Makersite customers can ensure every product in their portfolio is made more sustainably and in line with regulations. 🗣 Makersite CEO Neil D'Souza: ✅ “By partnering with Carbon Minds, we’re providing our customers with even more extensive coverage of their full chemical value chain, spanning from resource extraction to the finished chemical and plastic products. Makersite customers will have access to even more granular data to make faster product design and sourcing decisions.” ⬇ You can read more about our work together at the link below: https://lnkd.in/eiUCNwKr #Partnerships #Data #PCF #LCA #Sustainability

👀 Great to see Makersite featured heavily in Jessica Zimmer's new piece for engineering.com, covering the Product Lifecycle Intelligence (PLI) value proposition and our use of digital twin technology to optimize cost and sustainability metrics. 🖋 As the article notes: 🛠 "PLI is designed to integrate with CAD and PLM tools to easily extract data. With PLI, an engineer can create multiple digital twins and distinguish them by the form of the product and changes in the materials that compose the product. This allows an engineer to visualize, compare and share different versions of the product. 🖥 PLI delves deep into its data set by providing an explanation of the supply chain dynamics to create a product, a breakdown of the product’s estimated costs and visualizations of the product’s lifecycle assessment. This last step shows the carbon footprint of the product from its existence to its disposal. The Makersite approach looks at the product’s end-of-life considerations and assesses supply chain risks like conflicts. 💡 PLI has the capability to provide so much information that at certain points it begins to display data in a grid. This allows the user to see that obtaining a specific element requires the expenditure of a certain amount of energy and the energy expended will come from a certain source." 👇 For more detail, read the article in full at the link below: https://lnkd.in/e8zZ7Qhw #PLM #Engineering #LCA #PLI #ProductLifecycleIntelligence

🤖 🌱 Makersite's Pablo Päster was at the AI & Innovation for Sustainability Roundtable in Palo Alto yesterday and caught this mention of our solution from Microsoft's Kelly Stumbaugh in her presentation. 👀 Always great to see! ⬇ ⬇ ⬇ #AI #Sustainability #AIinSustainability #Ecodesign #LCA

🔎 #ICYMI: A recent article on engineering.com features a great, concise overview of our recent study with Forrester, 'Transform Product Sustainability Into Performance Initiatives With Product Lifecycle Intelligence'. 📌 As the article notes, our work with Forrester served to highlight how maturity impacts manufacturers’ ability to incorporate sustainability into PLM. It pinpoints 5 key areas manufacturers anticipate will significantly affect their products, prioritizing regulatory compliance, growth and sustainability: 1️⃣ Evolving customer expectations 2️⃣ Growing emphasis on advancing a circular economy 3️⃣ Heightened demand for transparency in supply chains 4️⃣ Economic constraints 5️⃣ Challenges related to supply chain shortages 🤔 It also calls attention to how those manufacturers can elevate their PLM practices, recommending 4 key steps: ✅ First, it is about “modernizing product innovation processes and platforms” to empower designers with product lifecycle intelligence ✅ Then, it is about “reclassifying sustainability as a performance initiative” to drive revenue and margin growth ✅ And in doing so, “developing a business case for product lifecycle intelligence” to quantify its impact on competitiveness, time to market, and pricing ✅ While “ensuring consistent enterprise-level ESG data” to streamline innovation and regulatory reporting processes ⬇ You can glean more actionable insights in the full article at the link below: https://lnkd.in/ehyJmqXa #PLM #sustainability #manufacturing #supplychains

📢 Makersite announces strategic partnership with Ansys 📢 🤝 We're delighted to announce our strategic partnership with Ansys, a global leader in engineering simulation software. 🛠 The collaboration will integrate Makersite’s cutting-edge solution with Ansys’ market-leading Granta software, a tool that allows materials experts and product design teams to innovate, resolve materials issues, reduce costs and validate their materials choices. 🖥 Engineers will benefit from seamless integration between Makersite’s extensive material databases and Granta, enabling them to simulate various product iterations and scenarios without ever having to build a product in practice. 🗣 “Developing sustainable products requires accurate insights into multiple trade-offs early in the design process,” said Mark Hindsbo, GM and VP of Ansys. “By integrating Ansys’ gold standard simulation and market leading material platform with Makersite’s data-driven insights, we are providing a powerful resource for engineers and designers to innovate responsibly and meet the demands of a rapidly changing market.” 👇 You can read more about the partnership at the link below: https://lnkd.in/d33PSgAg #partnerships #engineering #CAD #CAE #PLM #AnsysGranta

"What is AI-washing and why is it a problem?" ⬇ ⬇ ⬇

🗓 On Wednesday and Thursday this week (26th - 27th June), Makersite's David Hoffman will be attending the Scope 3 Strategy Summit in Chicago. 💡 Hosted by the Scope 3 Peer Group in partnership with Navista, the Public Affairs Group, Inc, attendees can hear from more advanced Scope 3 Peer Group members as they share their best practices as well as templates of how they've implemented their strategies. 👨🏫 Learn how to better tackle supply chain emissions by understanding market-leading approaches across a range of challenges, gain insight into peer-to-peer exchange between Scope 3 practitioners seeking solutions, and build foundational practices for Scope 3, carbon emissions, climate strategies and more. 👇 You can register for the event at the link below: https://lnkd.in/e2Zvgwyr #Scope3 #ClimateStrategy #CarbonEmissions

📰 In a new article for Forbes Technology Council, Makersite CEO Neil D'Souza looks at how we can empower better product design and manufacturing, and outlines three key steps on how to go about it: 1️⃣ Get engineers back into the boardroom 2️⃣ Add sustainability as a core metric for product design 3️⃣ Integrate data and enrich operational systems with it 🖋 As Neil writes on Forbes: "By reinstating engineers into the boardroom, we leverage their unique expertise to drive not just technological advancements but strategic decisions that prioritize long-term value over short-term gains. By integrating comprehensive data into operational systems to enhance decision-making and efficiency, we can empower businesses to build smarter, more sustainable products that meet the demands of a rapidly changing world." Read more at the link below: https://lnkd.in/eURKNngc #IntegratedData #CAD #PLM #ERP #engineering #LCA #sustainability