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Some of the recent highlights
 2011
- In August 2011 sparesFinder moved offices to a brand new building.
While remaining in Teddington, just under 1 km from our previous location, our new offices provide leading edge facilities which will support the company well into the future.
Our new address and contact details can be found here.
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2010
- Saudi PetroChem companies group together and use VPI to build a spares sharing community.
- New web-site launched to great acclaim, already in the running for several design awards.
- Selected by Entec International to provide automated purchase order matching for major brewing company in USA. Custom development delivered within 3 weeks, increasing compliance and reducing volume sensitivity.
- sparesFinder enter into strategic partnership with Oniqua who will use Masterpiece to support their clients in the mining industry in Australia, Asia and the USA.
- Selected in highly competitive tender to deliver data cleaning and governance project for Oil & Gas major in Indonesia.
- Partnership agreement signed with PT Mitrais. Training in Bali proves popular with staff!
- Leading European spares distributor, Brammer plc select sparesFinder to improve efficiency of spares integration through better data alignment, handling >3,000,000 of Brammer's catalogue items.
- Completed delivery of spare parts data cleaning project to support Oracle (JDE) upgrade for USA based food manufacturer with 30 plants. Part of Accenture-led project to reduce indirect spend across the corporation.
2009
- sparesFinder continue to grow and post record profits, despite the global recession.
- Close major project (>500,000 lines of legacy data) in partnership with KPMG to support PDM project implementation for Oil & Gas equipment supplier based in Houston, USA.
- Chosen as European partner by Accenture to provide support their MDM business operations.
- Global pharmaceutical company selects sparesFinder to provide data cleaning for UK production sites. Project success leads to global roll out and purchase of Gatekeeper, Insight and VPI applications.
- sparesFinder acquire EMIC Consultants, bringing their consulting knowledge and stock modelling software into the company.
- Gatekeeper upgrade improves MDM functionality, allowing application to manage the creation and synchronisation of data across multiple ERP systems.
2008
- Masterpiece Version 3 is released to first customer based in China, following extensive development programme.
- Close major project (>500,000 lines of legacy data) in partnership with KPMG to support PDM project implementation for Oil & Gas equipment supplier based in Houston, USA.
- Gatekeeper is used by petrochemical plant in Saudi Arabia to manage data collection for materials during plant construction. Automated integration of all required fields to SAP established.
- Tubetrak is enhanced to support full inventory management for OCTG reclamation service for Oil & Gas major.
2007
- Selected by global building products group to provide Masterpiece and data cleaning services to support global roll-out of JD Edwards. Project starts with the UK and France and expanding worldwide to China, North America, North Africa, the Middle East & India.
- Form partnership with Marubeni Itochu to develop a comprehensive supply chain management application for the tubular industry, Tubetrak.
2006
- sparesFinder support Corporate Express in one of the first multi language implementations of SAP's MDM system, conducting a data cleaning project in 12 languages, whilst delivering on tight deadlines to develop integration web services.
- Insight reporting is extended to cover analysis of invoice and spend data, with first implementation aggregating spend in many currencies across 8 countries.
We are proud to have been recognised by these awards
 2005
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International Business Awards
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Overall Winner - Exporter of the Year
Winner Best use of Technology Highly Commended Exporter of the Year
These awards are in recognition of the impressive international performance. During the past 12 months exports rose to 70% of turnover.
Judges commendations, "This business has created solutions that add real value to their customers' businesses. its strategy, focus and innovative solutions make it a world-class company".
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Deloitte Technology Fast 50
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For the second year ranked in the Deloitte Technology Fast 50 awards, and is now officially among the fastest growing technology companies in the UK.
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CBI International Achievement Awards
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sparesFinder have been shortlisted for the prestigious CBI awards to with the final results to be announced in November.
This award recognises our impressive turnover figures - specifically in the international arena, where we have experienced an increase in our export turnover by a remarkable 71%, 98% and 91% over the past 3 years.
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National Business Awards
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Small to Medium Sized Business of the Year South East Region - Winner
AXA Judge, Paul McNamara said: "The standard of entries in this year's south east competition has proven the entrepreneurial approach and innovation within the region".
He continued: "sparesFinder is an outstanding example of a financially and commercially strong business. Its solid management strategies and processes will allow the business the flexibility to respond to any future threat to the business".
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2004
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London Business Awards
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Business Innovation of the Year - Winner
sparesFinder won the Business Innovation award at the prestigious London Business Awards.
Mel Egglenton, Head of Middle Markets for KPMG, and member of the judging panel said:
"Real originality has a real impact on business success. We were impressed by the feedback submitted from sparesFinder's clients providing clear evidence the innovation had substantially improved the performance of their customers."
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Deloitte Technology Fast 50
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sparesFinder achieved 4th ranking in the Deloitte Tech Fast 50 awards, and is now officially among the fastest growing technology companies in the UK. The winning company was lastminute.com.
William Touche, National Managing Partner of Deloitte's Fast 50 awards said:
"Achieving sustained revenue growth of 2932% over five years is a tremendous accomplishment during a difficult period for the technology sector. sparesFinder's exceptional growth puts it in select company."
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2003
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Business Link for London
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Business Innovation of the Year - Winner
Awarded to sparesFinder, as the business that best demonstrated an innovative approach which either changed an established practice or introduced a new practice to achieve substantial performance improvement in areas such as revenue growth, job creation, cost reduction, quality/service improvement or greater yield from the assets of the business.
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International Business Awards
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Corporate Exporter of the Year - Finalist
Best New Exporter - Finalist
Innovation in Export - Finalist
David Stroud, paid tribute to the sales team in increasing overseas sales by 210%, stating that sparesFinder's rapid international growth was evidenced by the company's outstanding performance in 3 different award categories.
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National E-Commerce Awards
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E-Business of the Year - Finalist
Advanced Supply Chain Integration - Finalist
sparesFinder's technology produced noticeable improvements to its customer's business performance. David Stroud, CEO, added: "Our deep understanding of customers'
requirements underpins our technical innovations."
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2002
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Accountancy Age Award for Excellence
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E-Business Innovation - Finalist
sparesFinder successfully delivered innovative and outstanding e-business solutions through its innovative new technology and on-line initiatives. This delivered tangible and significant on-going benefits to its customers' bottom-line."
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The CBI's Growing Business Awards
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E-Business of the Year - Finalist
Digby Jones, CBI Director General commended the finalists, stating that ambitious growing companies will ensure the UK's prosperous future.
"It is these companies who hold the key to the future. They are prepared to innovate, embrace new technologies, try new ways of doing business and go in search of new markets".
The guest speaker was the Rt Hon Gordon Brown MP, Chancellor of the Exchequer.
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2001
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Institute for Chemical Engineers
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Innovative Business Practice - Winner
The AspenTech Award is given as part of an international awards programme run annually by the Institution of Chemical Engineers (IChemE). The sparesFinder entry was its innovative web-based service which lets companies optimise the quantities of engineering spare parts they hold, and where they hold them.
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 10-12 July 2011 - The sparesFinder Cycle Challenge
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In early July 2011, four members of the management team at sparesFinder will join 10,000 others in attempting one of the hardest amateur cycling challenges, the Étape du Tour de Mondovélo, in order to raise money for the mental health charity Mind.
We still know so little about how our minds work and why, sometimes, they choose not to. Mind helps people take control of their mental health by providing high-quality information and advice, and campaigning to promote and protect good mental health for everyone.
Our riders have all had personal experience of friends or relatives with mental health problems and know how devastating it can be. We want to do what we can to make a difference and hope you will be able to help us. Please follow the link to our Facebook page for more details.
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Come and meet us at any of these events
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21-23 March 2011 - Radisson Blu Portman Hotel, London, UK
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sparesFinder are sponsoring this event, and recommend attendance to all those interested in data cleaning and data governance.
You can learn more about the event here.
Please contact us to learn about the exclusive sponsor discounts that we are able to offer if you want to attend.
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2011 TBC - Microsoft HQ, Reading, UK
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sparesFinder are co-sponsoring this event, and David Stroud will be presenting "The do's and don'ts of Data cleansing" at the Platon Product and Material Master Management Symposium.
This event is free, and you can register by clicking here.
You can also download a brochure flyer for this event.
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13 October 2010 - Bethlehem, PA, USA
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Jonathan Melunsky will present a paper entitled "Future proofing your materials data" at the annual ECCMA conference.
Details of the conference are available here.
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23 June 2010 - London, UK
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David Stroud will be presenting "When things go wrong: how 'dirty data' can contaminate a business" at the Marine Electronics & Communications Conference.
Details of the conference are available here.
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What others have said about us
Below is a selection of the press we have had since our launch in 1999; to read or download any of the articles just click. If you wish to contact a member of our marketing department, you can e-mail us at , or call us on +44 20 8973 4007.
Read news and events from our past
2005
- sparesFinder receives certification from SAP for Masterpiece to be Powered by SAP NetWeaver.
- sparesFinder wins the best small business prize in the National Business Awards 2005 award for South East and wins the CBI International Achievement Awards and International Business Awards.
2004
- The company continued to show significant financial growth with turnover up 38%. In recognition of this sparesFinder was 4th fastest growing UK technology company in Deloitte Fast 50 Awards. In September 2004, Kevin Overstall joined the Board.
2003
- With the addition of Masterpiece to the product portfolio and growing demand from customers, the company expanded its sales and support team.
- Our excellence in the marketplace was rewarded by winning the Business Innovation Award from the London Business Link.
2002
- The company expanded into the US targeting the Oil and Gas community in Houston and moved into new categories including Food and Drink.
- The company was a finalist in the prestigious CBI's Growing Business Awards.
2001
- The company continued to prove the value of its concept and attracted a further investment of £2m, which was secured in March 2000 despite a very difficult investment climate. The investment round was led by Close Brothers Corporate Finance, and included further investment by both Elderstreet and ASCO plc.
- Dr. Jonathan Melunsky joined the company as Financial Director.
- A significant product development programme completed in September 2001 resulted in the transfer of the web-site and main database servers from New Zealand, and the introduction of new products and services including Insight.
- The company won its first award - Innovative Business Practice from The Institute of Chemical Engineers.
2000
- A further investment by ASCO plc in early 2000 enabled the company to acquire the New Zealand business and gain full rights to the existing technology.
- At this time, Brian Oxenham transferred to the UK to head up the technology development, and the remainder of 2000 was spent developing existing customer relationships, building emerging communities of users and developing the technology.
1999
- Early in 1999, David Stroud and Jan Hutchings established sparesFinder in the UK and followed a successful strategy to win customers, build partnerships and expand the network of distributors.
- sparesFinder Ltd raised funding from Elderstreet in the summer of 1999, and purchased the remaining global distribution rights.
1998
- VPI's first version was released in June 1998 and was actively marketed across the Southern Hemisphere via a network of distributors, from the New Zealand head office.
1997
- The sparesFinder concept was conceived in New Zealand in 1997 by Brian Oxenham, who developed the idea of automatically linking the end users of engineering spare parts, via the internet.
- A project team was formed, combining skills in maintenance engineering, logistics and IT, to create Virtual Pooled Inventory (VPI).
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