SFM

SFM Software is a fast and accurate cost estimation software for the product to be manufactured by Small and Medium-sized Enterprises (SMEs) in machine manufacturing industry and productivity software which increases the company's productivity by up to 15% at no extra cost to the manufacturer. One of the major problems in manufacturing industry is estimation cost of the product before manufacturing. SMEs bids either too low causing to lose money or too high causing not getting the job. This problem reduces the competitiveness and survival rate of SMEs. Specific SME model is created by SFM Software from company's previous data with machine learning and mathematical methods. They use this model in cloud (SaaS) for making highly accurate (> 90%) and fast (1-2 sec) cost estimation. SFM Software also increases the company's productivity by up to 15% at no extra cost to the manufacturer.