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Metal Networks.AI is a finalist for 2021 Global Steel Excellence Awards in 3 categories

July 13, 2021 - Metal Networks.AI, Houston, announced it was selected as a finalist in 3 awards categories for the 2021 Fastmarkets Global Steel Excellence Awards by an independent judging panel:

Best Product Innovation – for its patent-pending JAQI® AI search & matching engine that can process 100+ items in less than 10 seconds compared to traditional product search engine technology (drop-downs & filters). This technology is critical to increasing e-commerce adoption and building faster quotes in ERP systems using plug-in technology.

Best Process Innovation – for its B2B marketplace platform that significantly streamlines the buying process for OEMs, metal fabricators, and machine shops. Metal buyers no longer have to rely on emails, calls, & spreadsheets to issue RFQ’s, compare quotes, share documents, and coordinate logistics.  The Metal Networks.AI cloud-based platform provides the tools and technology to reduce administration by 50-75% so that purchasing teams can focus on more important tasks.

Technology Provider of the Year – for its AI-enabled technology platform that provides industrial metals Buyers & Suppliers with next generation search, quoting, & e-commerce technology that advances the industry’s Digital Transformation effort (Industrial 4.0). Metal Networks’ user-friendly, cloud-based platform is purpose-built for front-line buyers & suppliers with little/no IT involvement, freeing sales & purchasing departments to make technology decisions that are right for their business.

“We invested the last few years consulting with hundreds of industry participants, gathering feedback and building a technology platform for the next generation of metal buyer & suppliers”, says Abhay Mathur, Chief Product Architect, “we are proud of being named a finalist with our newly released products and it’s a strong testament to the hard work, diligence, and thoughtful collaboration with the industry.”

The award winners will be announced at the 2021 Steel Success Strategies conference in November in Miami.

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