December 15, 2017 10:05 AM ET

Software

Company Overview of aPriori Technologies Inc.

Company Overview

aPriori Technologies Inc. designs, develops, and markets product cost management software solutions for enterprises in the United States and internationally. It offers aPriori Product Cost Management, an enterprise platform that helps manufacturers and their suppliers to manage and control product costs across their organization. The company’s services include strategy development, deployment planning, configuration of virtual production environments, best practice process implementation, education and training, success measurement, mentoring, consulting, software maintenance, and technical support. It serves industrial machinery, aerospace and defense, automotive, and high tech markets. The...

300 Baker Avenue

Suite 330

Concord, MA 01742

United States

Founded in 2003

Phone:

978-371-2006

Fax:

978-371-2008

Key Executives for aPriori Technologies Inc.

Chief Executive Officer and President
Age: 57
Founder and Senior Process Specialist
Founder and Chief Scientist
Chief Financial Officer
Age: 56
Vice President of Strategic Marketing and Product Management
Compensation as of Fiscal Year 2017.

aPriori Technologies Inc. Key Developments

Rafael Selects aPriori for Product Cost Management

aPriori has been selected by Rafael Advanced Defense Systems. Rafael will start their implementation of aPriori at their design and engineering center in Haifa, and will be growing their deployment across their enterprise over the course of the multi-year program. aPriori's product cost management platform will provide Rafael's design and sourcing teams with real-time cost estimates on parts and products in design. The software leverages CAD and intelligent cost models to quickly determine feasible manufacturing methods and product costs while generating detailed manufacturing analysis and cost estimates that quantify the impact of changes to product design, materials, manufacturing processes, volumes and location in real time. aPriori will also provide the Rafael procurement and sourcing teams with regional cost benchmarks based on the company's specific product requirements, enabling it to collaborate more effectively with its suppliers.

aPriori Expands Into Costing of Electronic Products

aPriori announced an important addition to the company’s product portfolio – a new software module that automates the cost calculation of Printed Circuit Board Assembly (PCBA). With automated PCBA costing software, users will be able to quickly generate a detailed cost estimate by importing a Bill of Materials with basic attribute information about the components. The PCBA costing module will assign a cost to the board components using a library of component costs and estimate the assembly costs of attaching the components to the board. Users can also specify test and verification processes required whereby the system will automatically assess the cost of each process and roll it into the overall PCBA cost. The aPriori PCBA costing module comes with more than forty-five out-of-the-box assembly and test manufacturing cost models and is built on aPriori’s extensible platform, supporting the addition of more processes. Key benefits that customers will realize with aPriori’s new PCBA cost module include: Providing engineers with early visibility into the cost impact of design decisions and supporting exploration of options like single vs. double sided or the assembly cost impact of using different size boards; Enable Sourcing to negotiate more effectively with suppliers by providing detail on component costs, manufacturing costs & commercial costs; Quantify cost impact of VAVE explorations; Ability to aggregate and analyze data across product lines and business units; and Centrally located cost models will drive consistency of costing across a team. Printed Circuit Boards (PCB) are used in all but the simplest electronic devices and are used to route signals and power through electronic devices. They appear in almost all discrete manufactured products to some degree. They can also represent a significant portion the cost for a product, especially in industry verticals such as aerospace & defense, high tech electronics (computer and communications equipment and other consumer electronic products), healthcare, oil & gas and increasingly in automotive and transportation products. While it is a significant portion of a company’s spend, the divisions responsible for PCB design are typically smaller than those responsible for mechanical designs. This has the potential to create a time-to-market bottleneck that can be easily overcome by automating the product costing process. Key capabilities of the new PCBA costing module will include: Component Costing: - Automatically calculated for an entire BOM based on part lookup in centralized Component Library; Cost information will be stored within component library: Volume Discounting; and Company Negotiated Costs.

Barco Selects aPriori for Product Cost Management

aPriori has been selected by Barco. The company will implement aPriori’s software as part of a companywide value and cost engineering initiative focused on managing new product introductions at target cost and ensuring that parts and materials are being sourced at competitive market prices. Barco will make the software available to a core team of R&D engineers and procurement officers from each of its product groups including projectors, display solutions, hardware and peripherals. The implementation will involve facilities in Belgium, Germany, Norway and China. aPriori’s product cost management platform will provide Barco’s R&D teams with real-time cost estimates on parts and products in design. The software leverages CAD and intelligent cost models to quickly determine feasible manufacturing methods and product costs while generating detailed manufacturing analysis and cost estimates that quantify the impact of changes to product design, materials, manufacturing processes, volumes and location in real time. aPriori will also provide Barco procurement and sourcing teams with regional cost benchmarks based on the company’s specific product requirements, enabling it to collaborate more effectively with its suppliers.

Similar Private Companies By Industry

Company Name Region
'LightArrow Inc. United States
/blossom LLC United States
@RISK Technologies, Inc. United States
@RISK, Inc. United States
@YourGate LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
John F. Kennedy Center For The Performing Arts United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact aPriori Technologies Inc., please visit www.apriori.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.