Configit, the global leader in Configuration Lifecycle Management (CLM), announced the release of Configit Ace® 7 and Quote® 13. Configit Ace 7 is designed aoptimized for SaaS deployment with significant new capabilities only available to SaaS customers, while Configit Quote 13 enables customers to provide error-free quotes for highly complex, multi-hierarchy system solutions.
Configit Ace offers CLM-as-a-Service, a SaaS solution for enterprise management of product configurations and variants throughout the product portfolio lifecycle. Configit Quote adds highly customizable CPQ capabilities for the most complex products. Built on open services and APIs that leverage the power of Microsoft Azure, CLM-as-a-Service establishes a shared source of truth for product configuration data accessible to any user, anytime, anywhere.
Configit Ace 7 introduces two notable new capabilities:
- Configit Ace Thread – A new hosted repository for saving and retrieving all configurations made by users from multiple front-end applications. Saved configuration information captures the entire lifecycle from design to configuration and ultimately build and maintenance. This provides a digital configuration thread for configurable products, allowing manufacturers to better understand the attractiveness of configurable options, quickly identify delivered configurations affected by supply chain changes or disruptions, and enable more effective service and maintenance in the field.
- Configit Ace Configurator – This new multi-tenant, SaaS-based product configurator application allows customers to create a product configurator in minutes by simply providing the location of the already-built product model in Configit Ace and then choosing the design theme and other options to create a fully-functional product configurator. They can extract value from product models immediately instead of waiting months for a custom-developed application. Configit Ace Configurator can run standalone or be embedded into a Configure, Price, Quote (CPQ) or Salesforce interface as an external configurator.
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Configit is also introducing the new Configit Lab initiative , which has been created as an innovation hub to explore innovative solutions for the next generation of CLM. Its first focus will be GenAI-enhanced CLM, with a specific emphasis on reducing the time required to create complex product models. Configit Copilot is designed to help modelers dramatically reduce the time required to create new product models and rules.
Damantha Boteju, Chief Product and Technology Officer at Configit, explained: “With CLM-as-a-Service, Configit provides a complete end-to-end solution, enabling customers to implement a CLM approach that links product configuration information from engineering to manufacturing, sales and service. Now, we are enhancing this with the power of generative AI to help our customers reduce the time and effort to create complex product models. This is part of our ongoing work to offer our customers superior configuration technology that meets the growing needs of their customers.”
SOURCE: PRNewsWire