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Completed COLLABORATIVE R&D UKRI Gateway to Research

No-code dynamic solution to streamline Digital Asset and Production Management saving up to 30% in costs and time

£2.96M GBP

Funder Innovate UK
Recipient Organization Centryflow Technologies Ltd
Country United Kingdom
Start Date Aug 31, 2024
End Date Aug 30, 2025
Duration 364 days
Data Source UKRI Gateway to Research
Grant ID 10125430
Grant Description

UK-based Digital Industries SME CTL is led by project-team Morten Thomassen (Senior Developer/Developer Lead), Steve Fitzgerald (CTO/Project Lead), Matt Jones (Test/Release Manager), and Sophie Fitzgerald (QA).

The retail sector faces challenges in managing the in-house production of marketing collateral due to disjointed solutions and complex tracking from distributed storage. Unsecured storage and remote work heighten security risks. Off-the-shelf solutions lack support, exacerbating issues with production processes and taxonomy.

The sector grapples with a 30% shift to in-house production, exacerbated by a 35% market capitalisation increase during the pandemic, necessitating effective solutions. In the short term, stakeholders encounter security risks and operational inefficiencies. Long-term, data storage growth at 19% annually may destabilise the industry, posing escalating challenges.

CTL is developing CentryflowV1.2, a novel and secure application development platform, reducing cost and inefficiency by 30% in Production Management, Digital Asset Management (DAM) and Product Information Management (PIM).

CentryflowV1.2 utilises technologies that allow customisation for bespoke and tailored needs. CentryflowV1.2 ensures secure application-development, enabling swift changes and eliminating coding requirements. It offers an integrated DAM system, enabling businesses to manage assets independently. Its unique features address data-centralisation and integration challenges, distinguishing it from competitors and solving persistent issues affecting the retail industry.

CentryflowV1.2 is a powerful tool that enables a unique customisable taxonomy structure, dynamic API endpoints, and built-in production management. These features result in estimated savings of £63K and a 4-month decrease in project timelines per enterprise project.

Additionally, the platform's inherent flexibility allows for unlimited edibility, ensuring it evolves with changing business requirements. 56% of Retail-SMEs desire their own bespoke Production Management system, but high-cost and lack of technical/development support prevents this. With this new system we will help increase economic growth in the UK retail sector and increase revenue in the UK overall.

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