Market demand for products made with chemicals/materials that deliver functional value while being safer and sustainable is rising. Meeting this market demand today takes a long time due to the increasing complexity that is involved in bringing products to market. This also means the failure rate with new developments is extremely high (50-85%) as reported by McKinsey. The key question is how to reduce the time-to-market to meet this demand in a manner that leads to higher revenue, lower brand risk and lower manufacturing costs.
Simreka data-driven integrated simulation platform will reduce your time-to-market for products that meet new complex market demands
McKinsey (2013) reports that the time to commercialization varies from about 2-19 years. We have helped customers to reduce these timelines while improving financial performance and brand value.
This business value is delivered by:
- Integrated and advanced decision support at early stages of materials selection and R&D
- Reducing iteration time from 10 months to 10 days for profitable, safer and sustainable materials
- Support for supply chain transformation and market chain intelligence
Key features of Simreka value delivery
- Value delivered using channels convenient to you: Software platform, Data, Reports service
- Simulation using unique public and proprietary data collection and curation systems
- Analytics powered by advanced scientific algorithms based on our PhD research on the topic
Powering New Developments
- Iterate and decide faster with smart data
- Reduce experimentation and channel resources effectively
- Get started quickly with customer success program
Powering Supply chain transformation
- Smartly engage supply chain with deep insights
- Decide Yes/No faster with understanding of ‘Why’
- Support and speed up customer decision making