{"id":1244,"date":"2018-12-27T11:16:23","date_gmt":"2018-12-27T09:16:23","guid":{"rendered":"http:\/\/fractory.co\/?p=1244"},"modified":"2022-01-03T16:30:14","modified_gmt":"2022-01-03T14:30:14","slug":"new-years-resolutions","status":"publish","type":"post","link":"https:\/\/fractory.com\/new-years-resolutions\/","title":{"rendered":"New Year’s Resolutions for 2019"},"content":{"rendered":"
Christmas time is meant for family, friends and other loved ones. And you love us, don’t you? Then spend the next 5 minutes with us to reflect on what’s been done in 2018 and what can you look forward to in 2019.<\/p>\n
2018 is about to end and we are happy about it. Not because it was a crappy year. Rather the opposite. This year’s progress gives us confidence to move on. We have made great strides in every aspect and here are some highlights.<\/p>\n
Lots of work has been done behind the scenes. Literally, because even we cannot see the developers who are in a separate room. They have contributed resources towards improving our algorithm, resulting in a more accurate pricing service<\/strong>.<\/p>\n The IT crowd made sure that you don’t have to order every material separately any more. Everything can be done in one batch<\/strong>.<\/p>\n Our homepage<\/strong> got a makeover. The new design is more intuitive and easier to use. And we started constantly updating our blog to share industry knowledge<\/strong> with you.<\/p>\n Fractory started with 3 founding members. Today, we have 9 people<\/strong>\u00a0in the team. We added 3 mechanical engineers, 2 software engineers and a media specialist in 2018. Team chemistry is of great importance and we have developed a good connection in a short time-span.<\/p>\n You produced more than 100,000<\/span> parts<\/strong> with us. The ordered parts were for\u00a0self-driving cars, boats, tractors, children’s playgrounds, robots, stairs etc. Our sales engineers helped with their knowledge and advised how to manufacture those things, gaining lots of insights along the way.<\/p>\n You are a multinational bunch. We got orders from Estonia, Latvia, Lithuania, Finland, Sweden, Norway, Bulgaria, the Netherlands, the UK and the USA. In total, 175 companies<\/strong> trusted us with manufacturing their parts.<\/p>\n In 2018, we greatly expanded our manufacturing network. New partners<\/strong> joined from Estonia, Latvia, Lithuania, Finland, Sweden and the UK. Each has their own strong points. We outsourced the work accordingly to assure the best possible quality.<\/p>\n People believed in our idea. A shake-up in an old industry seems inevitable. Investors from Estonia, the Netherlands, Japan, the USA, Austria, Finland and Belgium voted with money, backing us with \u20ac290K<\/strong>.<\/p>\n Fractory’s growth didn’t go unnoticed with juries either. That resulted in some prizes<\/strong> at different competitions:<\/p>\n We value all those achievements but EuroBLECH stands out. Having this kind of recognition from the world’s largest fair dedicated to sheet metal production is a source of great pride. For us, it shows that the industry has been anticipating a solution we are now offering.<\/p>\n Our revenue grew steadily over the course of 2018. We managed to exceed our own expectations by doubling the revenue stream quarterly<\/strong>.<\/p>\n Our CEO’s horoscope foresees a spiritual shift in 2019. Luckily, nobody cares. Together we have made our own plans that do not conform to the foretold destiny. Here is what you can expect.<\/p>\n A good house is built on a lasting foundation. So we are going step-by-step. First, we launched automated laser cutting pricing. What next? The calculation algorithm will be further improved using\u00a0machine learning<\/strong>. The pricing will be done using historical data, so the computer compares your details to other parts that are alike. The final offer is based on that comparison to ensure greater accuracy.<\/p>\n Another function will be added. We are going to offer automated prices for bending<\/strong><\/a>. This is done using 3D models that are also good for laser cutting. No more need for drawings!<\/p>\n6 New Team Members<\/h3>\n
More Than 100,000 Parts<\/h3>\n
175 Unique Customers<\/h3>\n
Manufacturing Partners<\/h3>\n
Capital Raised<\/h3>\n
Prizes<\/h3>\n
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Growing Revenues<\/h3>\n
What is Going to Happen in 2019?<\/h2>\n
New Functions on the Platform<\/h3>\n