---
title: High-tech and Electronics | FACTON
description: Complete cost transparency with FACTON EPC for the high-tech and electronics sectors.
image: https://www.facton.com/hubfs/02_Visuals%20Website/01_Pages/02_Industries/Hightech%20and%20Electronics/Featured%20Image_Hightech.png
---

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# REDUCTION OF PRODUCT COSTS

Enterprise Product Costing for High-Tech and Electronics Industry

[![REQUEST A DEMO](https://no-cache.hubspot.com/cta/default/2636839/interactive-154265691755.png) ](https://www.facton.com/hs/cta/wi/redirect?encryptedPayload=AVxigLIaZbk5BSOLF2pNacurqMQaluwOBg4oza66qJQ2VLdzpDtDepcTVEiCpN6k8X2kftmG44y2AONBEwo44CtTIAy1xlnO6xCzh81q7mObRdRQF%2FBOMro5IgajNqFKXDjRuxTLuWDQJaKtCK93FCNj%2B1985uwrM5LU483UnyEX2yMX6tr5WHRjCGzEkBk%3D&webInteractiveContentId=154265691755&portalId=2636839&hsLang=en)

## ** GETTING A GRIP ON THE COST OF COMPLEX PRODUCTS**

As part of the digital transformation, high-tech companies in the electronics industry will require more cost transparency in order to be able to calculate and simulate the costs of their components and systems more accurately in the future. The simple and fast **simulation of different cost scenarios** supports the evaluation of profitability and economic efficiency.

FACTON EPC provides **high-tech companies with optimal structures** for calculating product costs. Capabilities and processes for cost estimation are quickly optimized with the EPC solution so that short-term cost savings are achieved and effectively scaled. Cost engineering becomes an integral part of the business.

[![Realize short-term savings potential](https://no-cache.hubspot.com/cta/default/2636839/aaf90a96-e165-46f8-8301-451d1aade376.png)](https://cta-redirect.hubspot.com/cta/redirect/2636839/aaf90a96-e165-46f8-8301-451d1aade376)

### **Influencing product development and manufacturing costs**

For high-tech companies, understanding the financial consequences of decisions in the product development process and being able to take measures to reduce costs is crucial to controlling manufacturing costs at an early stage. 

FACTON EPC provides a platform that enables an evaluation of the relevant influencing factors such as **material and manufacturing processes or suppliers** to be involved at any time and at any location with the same data.

[![Secure margins with design-to-cost](https://no-cache.hubspot.com/cta/default/2636839/cc397e6f-7d18-4051-891e-73890a74bc68.png)](https://cta-redirect.hubspot.com/cta/redirect/2636839/cc397e6f-7d18-4051-891e-73890a74bc68)

## Best Practices

### White paper: Benchmarking

Identify optimization potential, sharpen competitive edge.

[White paper: Benchmarking](https://www.facton.com/resources/whitepaper-benchmarking?hsLang=en)

[DOWNLOAD](https://www.facton.com/resources/whitepaper-benchmarking?hsLang=en)

### White paper: The Path to a Profit-oriented Enterprise

Learn more about active cost management with Enterprise Product Costing.

[White paper: The Path to a Profit-oriented Enterprise](https://www.facton.com/resources/whitepaper-the-path-to-a-profit-oriented-enterprise?hsLang=en)

[DOWNLOAD](https://www.facton.com/resources/whitepaper-the-path-to-a-profit-oriented-enterprise?hsLang=en)

### White paper: Should Costing

Understand costing structures and identify optimization potential.

[White paper: Should Costing](https://www.facton.com/resources/whitepaper-should-costing?hsLang=en)

[DOWNLOAD](https://www.facton.com/resources/whitepaper-should-costing?hsLang=en)

## COST SMARTER. think ahead.

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