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Accuris Accelerates Global Growth in 2024

Accuris, the preeminent provider of engineering standards content and technology, is experiencing remarkable business momentum as it approaches the close of 2024. Fresh off its inaugural year as an independent entity, the company is well-positioned to surpass its financial targets. Accuris is significantly augmenting its revenue stream by delivering new value-added technological and content solutions tailored to its clientele.

Launch of EWB Professional

In an effort to empower engineers, Accuris introduced Engineering Workbench Professional (EWB Professional) earlier this year. This innovative tool offers engineers rapid and intelligent access to standards and technical content through a streamlined search function driven by machine learning. Not only does EWB Professional reclaim precious working hours that can be redirected toward high-priority research and development projects, but it also delivers a strong return on investment. A Forrester Research Total Economic Impact™ (TEI) study spotlighted that organizations implementing the platform can see an extraordinary 305% ROI over a span of three years, with payback occurring in under six months. By minimizing the time dedicated to research, referencing, and embedding standards, EWB Professional fosters significant cost savings for organizations of all sizes.

Expanding Partnerships for Enhanced Solutions

In 2024, Accuris has aggressively expanded its partnerships with over 450 Standards Developing Organizations (SDOs) and technology allies. This strategic maneuver ensures engineering professionals have access to the precise and actionable information essential for creating groundbreaking products. Significant partnerships this year include:

• - American Welding Society (AWS) and American Institute of Architects (AIA), which provide exclusive access to EWB for standards development.
• - Standards Australia, granting Australian customers comprehensive availability of local standards and technical documentation, including ISO and IEC materials.
• - CTG, which integrates their extensive inventory within Accuris' Haystack Gold logistics and supply chain platform, broadening sourcing options beyond defense parts to include dual-use and commercial components.
• - EETech, merging Accuris' extensive database of electronic parts with EETech's innovative VDI platform, simplifying compliance management for manufacturers.
• - chipsID, which enhances Accuris Parts Intelligence and BOM Intelligence with advanced reports aimed at minimizing counterfeit risks in supply chains.

Looking Ahead: SPAB Meeting and Global Headquarters

In early 2025, Accuris plans to host the 50th annual Standards Publishing Advisory Board (SPAB) meeting, uniting global standards developers to foster discussions on digital transformation, emerging technologies, and energy transitions.

To accommodate its burgeoning growth, Accuris recently inaugurated a new, state-of-the-art global headquarters in Denver, Colorado. This strategic move is part of the company's broader objective to extend its global footprint, with presence already established in the UK, India, Malaysia, and Japan.

Additionally, the company made significant executive appointments to its leadership team, including:

• - Duane Newman as Chief Product Officer, who brings a wealth of product development expertise.
• - Gabrielle Ramaiah as Chief of Staff and Vice President of Transformation, leading strategic initiatives.
• - Trenton Pologar as Chief Information Officer to oversee IT strategy.
• - Timothy Walker as General Counsel, providing legal guidance.

CEO Claude Pumilia emphasized, “This year has highlighted the unwavering commitment of Accuris employees to innovation and quality. Our strategic projects and partnerships not only fuel our growth but also enhance our capability to furnish engineering firms with vital information.”

Accuris remains deeply focused on enabling digital transformation for engineering professionals, striving to assist builders in crafting a better future. For more information, please explore their website at Accuris Tech.