{"id":768554,"date":"2023-07-10T10:30:16","date_gmt":"2023-07-10T14:30:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/"},"modified":"2023-07-10T10:30:16","modified_gmt":"2023-07-10T14:30:16","slug":"xometry-further-expands-offerings-on-its-ai-powered-marketplace","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/","title":{"rendered":"Xometry Further Expands Offerings On Its AI-Powered Marketplace"},"content":{"rendered":"<div class=\"mw_release\">\n<ul>\n<li>Xometry Instant Quoting Engine<sup>\u00ae<\/sup> Now Supports Inserts, Multi-Part Assemblies And Expanded Sheet-Cutting Processes<\/li>\n<li>Enhancements Further Accelerate Xometry\u2019s Assembly Production Work<\/li>\n<li>Proprietary AI Technology Learns From Every Interaction, Enabling Xometry To Continuously Evaluate, Build And Roll Out New Products Delivering Instant Pricing And Lead Times For Ever-Expansive Universe Of Parts<\/li>\n<\/ul>\n<p>NORTH BETHESDA, Md., July  10, 2023  (GLOBE NEWSWIRE) &#8212; Xometry, the global AI-driven marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced the continued expansion of its AI-powered Xometry Instant Quoting Engine<sup>\u00ae<\/sup> to include instant-quoting of inserts, multi-part assemblies, and expanded sheet-cutting processes. The enhanced features allow buyers to instantly get pricing and lead times on CNC, sheet metal and sheet-cut parts with standard inserts while also analyzing multi-party assemblies, further accelerating Xometry\u2019s assembly production work.<\/p>\n<p>AI is at the heart of Xometry\u2019s industry-leading Marketplace, generating prices for buyers and suppliers across a range of manufacturing processes that are critical for prototype and large-scale production. Today\u2019s announcement comes on the heels of Xometry\u2019s <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4Rip5LSo7Hr3MAiuNB-tQzXtorqEgSaZWG3FYaaSh0OjCsyQa9IOBlzgFEcFOkJMbdc2hJqJyzwXRjHJ_IhKhTpQJAijsXI6x3GbE8xVsIAISZZ84LFcEs2wz-ZCIU4XqXRSqz31Xkp0J4uQbEHS_tPBOUAch8h-Mfhfr1_Gdx1DjQ6IIKttdhyyNu-jm1KvOmis1POOd5ah6gHW31t2_ktMHiwjY2GaA96XLI8W-LQ=\" rel=\"nofollow noopener\" target=\"_blank\"><u>recent introduction<\/u><\/a> of auto-generated quotes for parts with multiple finishes.<\/p>\n<p>\u201cOur machine-learning algorithms give us unique insight into 3D design data and other important variables that are critical to providing accurate and instant quotes for an ever-expansive universe of parts, processes and finishes, as well as particularly complicated multi-part jobs,\u201d said Randy Altschuler, CEO of Xometry. \u201cAI is at the heart of our operations, allowing our Marketplace to \u2018learn\u2019 from every interaction. As a result, we\u2019re able to continuously evaluate, build and roll out new features, including for assemblies. We\u2019re driving a fundamental paradigm shift in manufacturing, and our AI-driven quoting engine is fueling it.\u201d<\/p>\n<p>The expanded feature set:<\/p>\n<ul type=\"disc\">\n<li>Allows buyers to auto-quote CNC, sheet metal and sheet-cut parts with standard inserts;<\/li>\n<li>Enables buyers to isolate and specify individual parts on multi-part files or assemblies;<\/li>\n<li>And delivers <a href=\"https:\/\/www.xometry.com\/capabilities\/sheet-cutting\/\" rel=\"nofollow noopener\" target=\"_blank\"><u>expanded sheet-cutting options<\/u><\/a> to include a wider array of metal, composite and rubber materials. Xometry\u2019s sheet-cutting service can cut a variety of materials using the latest laser and waterjet-cutting technologies.<\/li>\n<\/ul>\n<p>Xometry\u2019s two-sided marketplace plays a vital role in the rapid digital transformation of the manufacturing industry, connecting enterprise buyers with manufacturers who build the big ideas that fuel the global economy. Xometry\u2019s AI-driven Instant Quoting Engine, cloud-based software and digital sourcing tools are deeply embedded with procurement managers, buyers and engineers on one side and thousands of manufacturers on the other side. Xometry\u2019s proprietary technology shortens development cycles, drives efficiencies within corporate environments and helps stabilize supply chains to make them more resilient.<\/p>\n<p>\n        <strong>About Xometry<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=dnx-vR9Xa-RY5qrWkEc1IKuhvihpf_2j2MiHf051tt6T8Krx3VcN_QIfDy643MKcFHRf2MOqAv78e66iDF8s8b-HWo4UiNa3jJhxEwPqF-S9m-tjst8pdcSLUDnM3OMdd8_1ZK384sswD2UJfm3XfkEReNZ4pbuWWNF5znW8UiJSGJNZWYvoeFyMp8HfAblfyBdoYzXMEvJ97o8_uN-r2-cKfkg24ZXUcaA6zQowA5oKBSz8HZPcepr7nxYI8DO89p9frQlI3DG94T_VzGhzW7z8zvVFjGN3V5iG2qfqmzONCSX45bapbxSbnKS5znyJSlapWHYzj9P0woIwMB3LCyEP-5rHh2ZxVLMGAaC3mZTG-8PrMikrjBbR4uGdqVO2Vv-9o3-c9UFM7p4o3TveZS8cJczFur0NHzj77fPLtSFHKS6j-qdpvmqipO91FpcheOUwGgfufBLxub63OiufnDopMBWaIhiWBxfadVfAus722-yaMDsK3lqpxurCcOxCIMu6gAVJOwD2k_Ait_RtySshVF76gdPfXKlLws4oEvLIFBOGlNbQ6_5_Sjls5W6BF2rvnTi-qyLeIjtB99wgjeJ_iGc-JNZIKd-aR_4ng42v8OSRLjnMVBNmQRndxgFY1mbt0VC2qggaiyH1KbR2Ivu9VdcuHz31VhLUAX7Iki0=\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <u>Xometry<\/u><br \/>\n        <\/a> (NASDAQ:XMTR) powers the industries of today and tomorrow by connecting the people with big ideas to the manufacturers who can bring them to life. Xometry\u2019s digital marketplace gives manufacturers the critical resources they need to grow their business while also making it easy for engineers and purchasers at small and large enterprise companies to tap into global manufacturing capacity and create locally resilient supply chains.<\/p>\n<p>\n        <strong>Press contacts:<\/strong><br \/>\n        <br \/>Illume PR for Xometry<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vPZqeYXsHC9cPmHNQh3viuYXM8OVTxpm-U-vh39SRJz9oN-YuqQiyFowkyyjmCEOvHZ8Hgy0F3zCcjXCCZ_4NfK1UYdAX4FJkozxmHDkQ-U=\" rel=\"nofollow noopener\" target=\"_blank\"><u>xometry@illumepr.com<\/u><\/a><\/p>\n<p>Matthew Hutchison<br \/>Global Head of Corporate Communications for Xometry<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ch73dtCzgRqsmOC2YQgHS8NkSglk8AYyfGShVlfhdK1KGpUtGNC73evpHe6qIPUm2YLVwMexxN68M4yz_QflCSBF85Q84R_b9h7KQy4tVCGFeLVxDcpY233O6e4-rCm3\" rel=\"nofollow noopener\" target=\"_blank\"><u>matthew.hutchison@Xometry.com<\/u><\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3MTI2MiM1NjgzMzMxIzIyMDQyMTg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ODVkMjZmYjMtMzJkMS00NjNiLTgwM2EtMDU4OWNlZDA0YTY2LTEyMTU3NzE=\/tiny\/Xometry-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Xometry Instant Quoting Engine\u00ae Now Supports Inserts, Multi-Part Assemblies And Expanded Sheet-Cutting Processes Enhancements Further Accelerate Xometry\u2019s Assembly Production Work Proprietary AI Technology Learns From Every Interaction, Enabling Xometry To Continuously Evaluate, Build And Roll Out New Products Delivering Instant Pricing And Lead Times For Ever-Expansive Universe Of Parts NORTH BETHESDA, Md., July 10, 2023 (GLOBE NEWSWIRE) &#8212; Xometry, the global AI-driven marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced the continued expansion of its AI-powered Xometry Instant Quoting Engine\u00ae to include instant-quoting of inserts, multi-part assemblies, and expanded sheet-cutting processes. The enhanced features allow buyers to instantly get pricing and lead times on CNC, sheet metal and sheet-cut parts with standard inserts while also analyzing multi-party &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Xometry Further Expands Offerings On Its AI-Powered Marketplace&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-768554","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Xometry Further Expands Offerings On Its AI-Powered Marketplace - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Xometry Further Expands Offerings On Its AI-Powered Marketplace - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Xometry Instant Quoting Engine\u00ae Now Supports Inserts, Multi-Part Assemblies And Expanded Sheet-Cutting Processes Enhancements Further Accelerate Xometry\u2019s Assembly Production Work Proprietary AI Technology Learns From Every Interaction, Enabling Xometry To Continuously Evaluate, Build And Roll Out New Products Delivering Instant Pricing And Lead Times For Ever-Expansive Universe Of Parts NORTH BETHESDA, Md., July 10, 2023 (GLOBE NEWSWIRE) &#8212; Xometry, the global AI-driven marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced the continued expansion of its AI-powered Xometry Instant Quoting Engine\u00ae to include instant-quoting of inserts, multi-part assemblies, and expanded sheet-cutting processes. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/","og_locale":"en_US","og_type":"article","og_title":"Xometry Further Expands Offerings On Its AI-Powered Marketplace - Market Newsdesk","og_description":"Xometry Instant Quoting Engine\u00ae Now Supports Inserts, Multi-Part Assemblies And Expanded Sheet-Cutting Processes Enhancements Further Accelerate Xometry\u2019s Assembly Production Work Proprietary AI Technology Learns From Every Interaction, Enabling Xometry To Continuously Evaluate, Build And Roll Out New Products Delivering Instant Pricing And Lead Times For Ever-Expansive Universe Of Parts NORTH BETHESDA, Md., July 10, 2023 (GLOBE NEWSWIRE) &#8212; Xometry, the global AI-driven marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced the continued expansion of its AI-powered Xometry Instant Quoting Engine\u00ae to include instant-quoting of inserts, multi-part assemblies, and expanded sheet-cutting processes. The enhanced features allow buyers to instantly get pricing and lead times on CNC, sheet metal and sheet-cut parts with standard inserts while also analyzing multi-party &hellip; Continue reading \"Xometry Further Expands Offerings On Its AI-Powered Marketplace\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/","og_site_name":"Market Newsdesk","article_published_time":"2023-07-10T14:30:16+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3MTI2MiM1NjgzMzMxIzIyMDQyMTg=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Xometry Further Expands Offerings On Its AI-Powered Marketplace","datePublished":"2023-07-10T14:30:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/"},"wordCount":522,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3MTI2MiM1NjgzMzMxIzIyMDQyMTg=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/xometry-further-expands-offerings-on-its-ai-powered-marketplace\/","name":"Xometry Further Expands Offerings On Its AI-Powered Marketplace - 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