Cooperation with universities and research institutions
FACTON GmbH promotes knowledge transfer between the commercial sector and academic institutions. Through our partnership with universities and other research institutes, we keep abreast of the latest research methods and trends in order to combine them with best practice in the industry.
We are committed to making this know-how available to our customers through our products. On the other hand, we want to be a competent and reliable partner for researchers, lecturers, and students, keeping them abreast of developments in the commercial sector and thus ensuring that graduates have the skills they need in the marketplace.
University of Applied Sciences St. Gallen (FHS), Switzerland
FHS St. Gallen is a multi-disciplinary university of applied sciences with around 2,800 students.
FACTON GmbH is a cooperation partner of FHS St. Gallen at its training centre of technology where the college offers practical continued training courses as well as certificate and diploma programmes. Most of the courses are aimed at qualified professionals and managers who wish to move on in their careers.
Ravensburg-Weingarten University of Applied Sciences, Germany
According to a study by the Centre for Higher Education Development (CHE), Ravensburg-Weingarten University of Applied Sciences is among the top 30 most dynamic third-level institutions in Germany. At its modern campus, it currently teaches around 3,300 students.
FACTON GmbH is a cooperation partner of its faculties of electrical engineering and computer science systems, mechanical engineering, and technology management.
Otto von Guericke University Magdeburg has nine faculties with around 250 lecturers and roughly 14,000 students, and is thus the foremost academic institution in Saxony-Anhalt.
FACTON GmbH has entered into a cooperation agreement with the chair of IT in mechanical engineering that is part of the faculty of mechanical engineering. Together with two other chairs, this department constitutes the Institute of Mechanics (IMK). The chair focuses on practical applications and knowledge transfer between industry and academia. FACTON GmbH acts as an industry partner in the context of theses and dissertations.
RWTH Aachen is the largest university for technical studies in Germany, ranking among the top nine tertiary education institutes in the country. It employs around 500 professors and has more than 40,000 students.
FACTON GmbH is a cooperation partner of the chair of productions management assigned to the laboratory for machine tools and production engineering (WZL). As part of this cooperation, FACTON EPC has been used in connection with the StreetScooter project launched under the auspices of the above chair. The StreetScooter is an electric car manufactured at minimum series production costs.
In order to manufacture an electric vehicle at the lowest possible cost, each individual component was identified and each assembly was put in the hands of a lean engineering group of specialists of the various RWTH institutes and associated partner companies. Each group is now developing the assembly further within a virtually defined design window.
In order to achieve an end consumer price of approximately 5,000 euros (not including the battery), the teams need state-of-the art costing methods that can be used across all modules and lean engineering groups. That is where the FACTON EPC costing software comes in. In the meantime, StreetScooter GmbH has developed into a holistic mobility concept business that plans to launch a range of tailor-made electric vehicles based on the StreetScooter design for corporate fleets as part of a full-service contract.
Research and innovation
We promote knowledge transfer between the commercial sector and academic institutions, bringing theory and practice together. For this reason, we cooperate with third-level institutions and research facilities and welcome the use and integration of FACTON EPC in teaching and research. FACTON GmbH is also involved in a number of projects funded by the European Union, covering topics such as enterprise-wide product costing, information, and innovation management.
Externally funded projects
Since 2006, the FACTON team at Potsdam has been receiving funding from Investment Bank Brandenburg (ILB) for a number of research projects. These projects focus on our core competences, namely company-wide product costing and innovation and information management.