Manufacturing Estimating & Quoting Software
5 Myths Surrounding Cost Estimating for Manufacturing

Quick ROI Prompts Manufacturers to Deploy Costimator® Software throughout their Enterprise

 

WEST SPRINGFIELD, MA – March 3rd, 2015 – MTI Systems, Inc., developer of Costimator cost estimating software, announced today that the company has recorded a record number of corporate license upgrades in 2014.

The Costimator cost estimating and quoting software has been implemented in over 1,600 manufacturing organizations worldwide since 1982, including Job Shops, Contract Manufacturers, OEMs and Engineering Firms. This database driven estimating software contains thousands of industry validated manufacturing processes and feature-based cost models. These software features enable users the quick ability to accurately and consistently cost estimate and quote, a wide variety of parts, whether they are machined, fabricated, formed or assembled.  

"Saving time is always a critical concern and a primary strategy for Spectra-Physics.” 

A corporate license allows organizations to have unlimited user access to the software. "Manufacturers today, want to prove out software purchases before expanding its use throughout their enterprise." said David LaJoie, VP Sales of MTI Systems. "In 2014 we saw a 400% increase in the number of customers upgrading to an unlimited, corporate license of Costimator, which is a clear indicator that once clients start using the software, and see how it positively affects their cost estimating speed, accuracy and consistency, they quickly expand its use corporate wide." 

Spectra-Physics of Santa Clara, CA was one of the many companies who upgraded to a corporate license of Costimator in 2014. "Saving time is always a critical concern and a primary strategy for Spectra-Physics," reports Steve Moran, Sr. Staff Manufacturing Engineer at Spectra-Physics. "Our decision to upgrade to a Costimator corporate license gains us communication and estimating speed and anywhere we effectively save time, we save money." 

About Spectra-Physics

Founded over 50 years ago as the first commercial laser manufacturing company, Spectra-Physics is singularly focused on helping its customers use precision laser technologies to advance leading-edge science and propel industries forward. Spectra-Physics develops application-specific approaches and technologies to accelerate customers success in 24/7 microelectronics and industrial manufacturing to bio-medical and advanced science. The laser technologies they manufacture include ultrafast, fiber, Q-Switched, High-energy Pulsed, CW & Quasi-CW, and Tunable lasers. For more information visit www.spectra-physics.com

 

"Costimator is an integral part of our best-in-class technologies. We use the system to estimate the time and cost to manufacture precision-engineered components and assemblies for aerospace, power generation, defense and other advanced technology industries. We require estimating software that is easy to use and works in every facet of our operations; from fabrication to five-axis machining. Our engineers working along with process technicians and toolmakers rely on Costimator's speed, accuracy, and consistency to win orders and ensure profitability." 

- Dave Cybart, Engineering and Tooling Manager, Rich Technology International

About MTI Systems, Inc.

Established in 1982, MTI Systems is a leading provider of cost estimating software solutions for the manufacturing industry, serving over 2,000 suppliers, OEMs and engineering firms worldwide. The company is headquartered at 1111 Elm Street, Suite 6, West Springfield, MA 01089.

MTI Systems
  • Costimator Manufacuring Software

  • Estimating for Machining and Parts

  • Costing and Quoting for Fabrication

  • Cost Estimating and Quoting Software

  • Date

    March 3rd, 2015

  • Company

    MTI Systems

  • Location

    1111 Elm Street, Suite 6, West Springfield, MA 01089 USA

  • Email

    info@mtisystems.com

  • Phone

    413-733-1972

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