SPREAD
SPREAD offers an Engineering Intelligence Network that connects engineering data across the product lifecycle, helping teams create innovative and sustainable machines more efficiently. Founded in 2019 and headquartered in Berlin, SPREAD's technology is trusted by major industries, including automotive, machinery, and aerospace & defense.
Company Overview
SPREAD, founded in November 2019, is a company that has developed an Engineering Intelligence Network designed to connect engineering data across the entire product lifecycle. Their headquarters are located at Prinzessinnenstraße 8-14, 10969 Berlin. SPREAD's technology is utilized by major industries such as automotive, machinery, and aerospace & defense, helping engineering teams create more innovative and sustainable machines more efficiently.
Funding and Growth
In a significant milestone, SPREAD raised $16 million in a Series A funding round led by HV Capital. This influx of capital supports the company's ongoing development and expansion efforts. By early 2022, SPREAD had scaled three use cases along the complete product lifecycle to multiple customers and industries worldwide, showcasing their rapid growth and increasing industry acceptance of their solutions.
Engineering Intelligence Network
SPREAD's core offering is its Engineering Intelligence Network, which provides engineering teams with comprehensive insights and data connections throughout the product lifecycle. This network facilitates reduced error location times by 75%, contributing to significant annual savings per production line. It also enhances the aftersales revenue from spare part sales by 30% and allows for effective management of product complexity, ensuring sustainability, quality, and innovation in production processes.
SPREAD Studio
SPREAD Studio is a low-code environment developed by the company to accelerate use case development. This flexible platform allows users to create custom applications tailored to specific needs, integrating tools like 3D or 2D visualizations, analytics, and dashboards. These capabilities enable efficient development and integration of complex systems, providing engineers and technicians with intuitive and precise product information, enhancing their productivity and problem-solving capabilities.
Industry Applications and Solutions
SPREAD's solutions cater to various aspects of engineering, including System Architecture, Operational Dashboards, Diagnosis & Troubleshooting, and Assembly Planning. Trusted by all German automakers, their technology significantly contributes to the development and maintenance of complex systems, reduces the rework required by software engineers by 40%, and addresses interoperability issues within aerospace systems. SPREAD's contributions have been particularly impactful in automotive wiring harness weight reduction and improving efficiency in error resolution and production workflows.