Configit Named as a Sample Vendor in the Gartner® Hype Cycle™ for Advanced Technologies for Manufacturers, 2023 for Configuration Lifecycle Management

Configit also recognized as a Sample Vendor in the Mass Customized Discrete Manufactured Products category

COPENHAGEN, Denmark - Aug. 17, 2023 - Configit, the global leader in Configuration Lifecycle Management (CLM), today announced the company has been recognized as a Sample Vendor in the "Gartner® Hype Cycle™ for Advanced Technologies for Manufacturers, 2023." 1


Configit is named as a Sample Vendor in the category of Configuration Life Cycle Management. As a critical component in the design, manufacturing, sale and service of complex, configurable products, CLM delivers the scale manufacturers need to increase productivity, improve quality and drive innovation.

Further, Configit is also recognized as a Sample Vendor in the Mass Customized Discrete Manufactured Products category. Mass customization is an innovative approach to design, manufacturing and product delivery, enabling customers to personalize products by selecting from predefined features and constraints. This unique process empowers individuals to customize assembled products according to their preferences without substantially increasing production time or cost.

Since 2001, Configit has been delivering best-in-class configuration solutions to global manufacturing leaders. An early architect of Configuration Lifecycle Management, Configit's multi-patented Virtual Tabulation® technology is the engine that powers the Configit Ace® platform, creating a single source of configuration truth.

Johan Salenstedt, CEO, Configit, said: "We think this is a testament to the hard work and dedication of our team, and we believe this acknowledgement is yet another indication of the increasing adoption of Configuration Lifecycle Management across the enterprise."

Gartner Hype Cycles provide a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities. Hype Cycle helps you to Separate hype from the real drivers of a technology's commercial promise, Reduce the risk of your technology investment decisions, Compare your understanding of a technology's business value with the objectivity of experienced IT analysts. The report identifies five phases of a technology's lifecycle: Innovation Trigger, Peak of Inflated Expectations, Trough of Disillusionment, Slope of Enlightenment and Plateau of Productivity. **

**Gartner Research Methodologies, "Gartner Hype Cycle", "August 3 2023", https://www.gartner.com/en/research/methodologies/gartner-hype-cycle

1 Gartner®, Hype Cycle™ for Advanced Technologies for Manufacturers, 2023, by Marc Halpern, Sudip Pattanayak, Christian Hestermann, Alexander Hoeppe, Published 25 July 2023.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and HYPE CYCLE is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.


About Configit
Configit is the global leader in Configuration Lifecycle Management (CLM) solutions and a supplier of business-critical software for the configuration of complex products. All Configit products are based on the patented Virtual Tabulation® (VT™) technology, which has redefined product configuration by offering greater speed and better handling of complexity. Virtual Tabulation enables Configit to deliver powerful, easy-to-use configuration solutions to market-leading global enterprises. Website: configit.com

Media Contact:
Diana Diaz
Force4 Technology Communications
diana.diaz@force4.co

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