GlobalSpec Strengthens Its Position in Collaborative Product Commerce Market With SpecStation for Enterprise Product Data Management (PDM)

    TROY, N.Y., Sept. 26 /PRNewswire/ -- Today, GlobalSpec announced a new
 Web-based application that further strengthens the company's leadership
 position in the collaborative product commerce market.  Expanding on six years
 of expertise in developing and implementing a solution for technical product
 discovery via the Internet, GlobalSpec created SpecStation(TM), a Web-based
 Product Data Management (PDM) application for the sourcing of mechanical,
 electrical and optical components.
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     SpecStation will integrate with a broad variety of PDM platforms and
 product sourcing systems and applications.  Until now, the missing link within
 all of these solutions has been highly searchable, rapidly accessible, easily
 maintainable and specification-rich product content.  SpecStation provides all
 of these missing pieces.  An enterprise that includes SpecStation in its
 overall PDM solution will notice a dramatic improvement in the time that
 professionals such as engineers, designers, technical buyers and purchasing
 managers spend searching for components and parts.
     The first phase of SpecStation will be integration with PDM solutions.
 GlobalSpec's experience has shown that up to 80 percent of the cost commitment
 associated with new product introduction is determined during the engineering
 design phase.  Because SpecStation will allow the PDM-enabled design engineer
 to use time more productively, more design iterations can be performed.  The
 result will be a better final product, with lower development costs, lower
 support costs and improved profit margins.
     "The ability to access and share product information is crucial for
 business collaboration to be effective," said John MacKrell, Senior Analyst,
 CIMdata, a collaborative business consulting and market analysis firm.  "With
 its extensive content and parametric search capability, SpecStation is among
 the first comprehensive content solutions that support collaborative product
 commerce.  It clearly addresses a major issue for companies by presenting
 their product definition personnel with a resource for strategic sourcing of
 product content.  Integrating this content into their designs helps companies
 deliver superior products to the market more quickly than they otherwise
 could."
     SpecStation permits seamless integration of component and part content
 into an enterprise's PDM platform, making all component and part information
 discovered via SpecStation sharable among all users on the platform.  This
 integration makes it possible, for example, to match retroactively the search
 specifications for components found via SpecStation with specific line items
 in an engineering Bill of Materials (BOM).  A further benefit of this
 integration includes the capability to store search results. This saved-search
 feature will free the user from continually re-seeking parts that meet a
 particular need. A recent study estimates that approximately 27 percent of the
 time a design engineer spends interacting with a PDM platform is consumed
 entering parts data.  The ability to enter the data once and re-use it many
 times will significantly reduce the time associated with this task.
     Because SpecStation is fully compatible with GlobalSpec's SpecSearch(SM)
 product discovery gateway, users of SpecStation will have seamless access to
 the SpecSearch database of over 26 million component specifications for more
 than 590,000 products representing the searchable contents of over
 6,000 manufacturers' catalogs.
     "Having been practicing engineers ourselves, we know that most of
 designers typically spend about 20 percent of their time on product searches,
 and when you look at that percentage across an entire enterprise that's a
 pretty startling use of high-value human resources, particularly since there
 is now a better way," said John Schneiter, CEO of GlobalSpec.  "With
 SpecStation, companies can more readily achieve product data management
 collaboration with partners, suppliers and customers, and at the same time,
 dramatically decrease costs and time-to-market by increasing productivity."
 
     About GlobalSpec, Inc.
     GlobalSpec, the first Web-based, centralized engineering design gateway,
 connects engineers and technical buyers with the products and manufacturers
 they need based on engineering specifications. GlobalSpec's SpecSearch is an
 advanced parametric and universal engineering component search system that
 provides users access to bias-free information from more than 26 million
 product specifications and access to more than 18,000 contactable suppliers
 arranged in over 1,200 product areas.  Information about SpecStation can be
 found at http://specstation.globalspec.com or email your request to
 specstation@globalspec.com.
     GlobalSpec.com(R), SpecSearch(SM), and SpecStation(TM) are registered
 marks of GlobalSpec, Inc. in the United States.
 
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SOURCE  GlobalSpec