30 Most Innovative Companies 2017
Eurostep was founded 1994 by HÃ¥kan KÃ¥rdÃ©n and a few ex colleagues from Digital Equipment. It is located in Sweden, UK, France, Finland and Germany and has around 80 employees. It has grown over the years right from its first project roll on with blue chip clients like Volvo, Swedish Defense, BAE Systems, Motorola, US Army and today serves clients in aerospace and defense, automotive, manufacturing, energy and AEC (architecture, engineering and construction).
The company provides innovative software and solutions for secure Product Lifecycle Management (PLM) collaboration. With immense potential in improved management of product information, Eurostep began its journey targeting the extended enterprise and collaboration between organizations. The need for a data sharing mechanism that is designed for PLM data was there from the beginning but has since grown with digitalization and global business. Eurostep expanded across Europe to be close to customers and is working with partners in US and Asia.
By working closely with clients and responding to their needs in the area of collaboration, Eurostep has established a position as innovator, delivering software and solutions in a way that their competitors donâ€™t. Right from its first day, Eurostep has worked on its aim to be a trusted supplier, with innovative software designed for critical business processes and attractive ROI.Â
It was seen that traditional PLM (Product Lifecycle Management) vendors are offering far too complex solutions primarily designed for in-house use and not designed for external business networks, extended enterprise, joint ventures, and others. This is where Eurostep stepped in and launched an out-of-the-box solution to improve collaboration.
Product data is typically locked into a vendors proprietary format and this makes it hard to exchange and share with other organizations. Eurostep is addressing this and has participated in the development of international standards (STEP and PLCS) for data exchange and sharing. These form the base of Eurostepâ€™s product, the award winning software, ShareAspace.
ShareAspace adds capabilities to the existing IS/IT landscape and lets collaboration partners keep existing systems or processes. It is easy to implement and deploy. Eurostep and its business partners complement the ShareAspace product suite with specialized services. It has received several awards and gained public acknowledgement with Microsoft Global Partner Award and has been named Cool Vendor by Gartner.
Eurostepâ€™s end user products: InReach, InControl and InLife, are all based on ShareAspace. InReach targets collaboration between people that need to share engineering information (PLM, ERP, MRO, etc.) with partners, suppliers and customers. InControl helps to automate the collaboration with data spread across several systems with a Master Data Management (MDM) approach. InLife handles product information regarding products that are in service, i.e. product individuals.
Eurostep has come a long way in excelling. But every organization faces some challenges at some point. Initially, Eurostep thought of a solution for sub-assemblies and less complex products would be meeting market needs but as it turned out the same need also existed for complete aircraft, ships, cars, buildings etc. This positioning to include the enterprise level has been a driving factor to constantly design for increased performance, stability and ease of use as well as continuous improvement of Eurostepâ€™s internal processes.
By overcoming these challenges, Eurostep has progressed over the years and transformed from a service company to a product company. The factors for this growth has been understanding the needs of industry, standards knowledge and influence, software design for scalability, skilled people and satisfied customers. In parallel, it also carefully follows IT trends and implement what will be important in the future such as cloud offerings. Eurostep has worked closely with Microsoft and has been a Gold Partner since many years.
Eurostep believes that any organization that needs to grow has to deliver a clear differentiator in order to succeed. As Eurostep intends to be global leaders in what it is doing, it listens to customers and tries to figure out what they need not only today, but also in the future. It then implements this vision in ShareAspace.
Eurostep has been consistent on its growth with good reputation. But everything can be made easier and with less friction and with this in mind it is developing ShareAspace for easy everything and close to the needs of industries and verticals.
About the CEO
HÃ¥kan KÃ¥rdÃ©nis the CEO and Founder of the Eurostep Group. Before Eurostep, Mr. KÃ¥rdÃ©n held a position as Account Manager in Aerospace and Defense in Digital Equipment Corporation.
â€œTo empower people and business by game changing product data collaboration.â€