PartSpace achieves milestone in industrial AI: Software understands design data and makes autonomous decisions

DEGGENDORF, Germany, Aug. 20, 2025 /PRNewswire/ -- PartSpace is shaping the AI era of industrial purchasing and technical data management with solutions that redefine speed, precision, and insight. Its smart software, PartSpace AI, interprets technical drawings at expert level, fully automatically analyzing design data and identifying previously hidden potential savings. This allows industrial companies to reduce their procurement costs, save time and strengthen their position in the global market. Savings of over 10% in technical procurement are possible.

PartSpace AI allows users to streamline processes and save significantly on the procurement of drawing-based components. Abella, the AI model employed, was developed specifically for technical purchasing. Unlike traditional AI systems, which primarily rely on text or ERP data, Abella has been trained to recognize relevant features in CAD drawings and 3D models, including dimensions, tolerances, materials, and post-processing methods. The AI automatically analyzes, structures, and links this information with historical purchasing data and external market information. It recognizes how a component can be manufactured, which production processes are suitable, and what the realistic target price is. The result is a digital assistant that processes technical data automatically and evaluates it strategically.

The resulting structured data enables a wide range of applications, including strategic purchasing, cost engineering, supplier benchmarking, standardization, and quality assurance. PartSpace AI can calculate realistic target prices and identify suitable suppliers or detect duplicate components through similarity analyses. These capabilities enable the bundling of variants and the targeted leveraging of volume effects.

The AI model of PartSpace AI was trained using real drawings, prices, supplier data, and processes from actual customer projects, rather than synthetic or publicly available data sets. This database, which has grown over time, ensures particularly robust analyses and reliable results. Each company receives an AI model that is trained exclusively on its own data.

By pairing deep engineering knowledge with AI, PartSpace is making technical purchasing smarter, safer, and more sustainable, demonstrating its position as a pioneer in AI-driven engineering.

About PartSpace

PartSpace offers a data analytics software platform that uses AI to optimize the procurement of drawing-based components. This cloud-based platform analyzes design data and links it to historical purchasing information. It then automatically identifies potential savings, suitable suppliers, and benchmark prices. Customers include Siemens, Krones, and Horsch. For more information, visit www.partspace.io.

Contact: +49 991 4022 800, [email protected]

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SOURCE PartSpace