Fractory.co and its innovative solution to cut down the outsourcing process times stood out amongst contestants from 40 countries, which led to 1st prize in the competition held at the world’s largest fair dedicated to sheet metal production, EuroBLECH.
Speaking at the award ceremony held in Germany, Martin Vares, one of the founders, said:
“The news to have won the contest did not really surprise us. The feedback that we have received from manufacturers and engineers until now has been extremely positive as it enables them to get instant quotes and lead times so that they focus on their main business.”
The Ministry of Economic Affairs and Communications has focused the national industrial policy on the digitization and automation of production processes and promoting exports of Estonian manufacturers. The industrial sector accounts for nearly 70% of Estonia’s exports. The web-based solution developed by Fractory.co opens up new export opportunities and sectors for Estonian manufacturers and also allows to export the innovative technology worldwide. Estonian developments are already now exported to countries such as Australia and the United States.
The Step into Digital Reality contest encourages companies working with sheet metal to implement digital processes. The contest was held in 3 categories: Best Start-up, E-mobility and Digital Transformation.
EuroBlech is an international exhibition for the sheet metal working industry that this year celebrates its 25th anniversary. This year the exhibition showcases a wide range of intelligent technology and innovative sheet metal processing solutions. Industry digitization is having a major influence on the development of the sheet metal working industry. This year, 1,500 exhibitors from 40 countries will participate in EuroBLECH that covers an area of 89,000 square meters.