About Us

We are Advanced Structures India. Over the past decade, we’ve built Cost Engineering SaaS - xcPEP Should Costing Software & xcPROC Should Cost Input Database, not by tweaking legacy ideas, but by rethinking the discipline from first principles.

Today, our products define new industry benchmarks and are used by global and Indian leaders across automotive, consumer electronics, appliances, and off-highway sectors - often leading to the creation of dedicated internal functions around them.

Since 2020, we’ve focused exclusively on developing and deploying our cost engineering SaaS built from first principles and continuously refined through direct, real-time feedback from our customers.

Adoption of our technology

Cost engineering is a sensitive and complex domain, made more challenging by global supply chains and the need for precise, region-specific process data. Most companies treat it as a core internal capability, rarely opening it to external teams. Gaining their trust requires exceptional technical depth, discretion, and integrity.

We’ve earned that trust, one customer at a time, across industries and geographies. The strength of our technology and support has led several companies to establish internal cost labs built around xcPEP and supported by ASI.

This trust is rooted in:

  • Exceptionally better results than legacy software.
  • Compliance with enterprise level information security from our early days.
  • Track record of one decade.
tvs
tvs-blue
hero
hero blue
mg
mg-blue
enphase
enphase-blue
honda
honda-blue
gogoro
gogoro-blue
cnh
cnh-blue
bluestart
bluestart-blue
ather
ather-blue
amazon
amazon-blue
agartas
agartas-blue
toyota
toyota-blue
mckinsey
mckinsey-blue
ajax
ajax-blue

Timeline

This is the year wise summary of our journey so far.

Progress in years

2025

xcPEP SaaS is now live at top-tier firms across automotive, home appliances, and consumer electronics sectors. A growing number of services customers are transitioning to xcPEP’s SaaS model.

2024

Launched xcPROC to address data gaps in raw material, machine, and labor inputs extending our product ecosystem beyond xcPEP.

2023

xcPEP took center stage in our offerings, while traditional services were scaled down to prioritize product-led growth.

2022

Became the dominant player in EV Should Costing serving 3 out of the top 5 EV makers across categories.

2021

Enhanced xcPEP capabilities through advanced Should Costing algorithms. Started working with home appliance, consumer electronics and off highway vehicle manufacturers.

2020

Strategic pivot: discontinued non-core services to focus entirely on xcPEP and Should Costing solutions.

2014-2020

We offered a wide spectrum of engineering services covering design, simulation, testing, teardown benchmarking, performance benchmarking to automotive customers. Should Costing was a part of our offerings during this period and ASI Datalab (now xcPEP) was an internal tool.

xcPEP

Should Cost Analysis Software

What is xcPEP?
xcPEP is a software platform used by companies to estimate, analyze, and optimize the manufacturing cost of parts and products.

Who uses xcPEP?
Internal teams such as engineers, sourcing, and cost analysts within the company.

Key Applications of xcPEP
- Should Costing of products and product portfolio wide updates of input costs.
- Competitor product benchmarking and should costing.
- Cost driver analysis and cost reduction idea generation.

Data Ownership in xcPEP
All data inside xcPEP is created and owned by the company using it. It is confidential and used only for their internal purposes.

Confidentiality
Each company's data in xcPEP is secure, private, and not shared with any other organization.

Interaction with xcPROC
xcPEP operates independently for internal Should Costing and cost analysis.

xcPROC

Procurement & Cost Database Platform

What is xcPROC?
xcPROC is a should costing input database curated by our data research team for every customer we onboard. We do not believe in generic database for should costing and hence a platform like xcPROC helps us serve the precise need of every customer in maintaining verified rates for machine hour (MHR), labour hour (LHR), tooling, raw materials, and other databases required for real world should costing.

Data Ownership in xcPROC
All data inside xcPROC  is sourced, researched, and owned by Advanced Structures India (ASI).

Customer's own data is stored and maintained in their own deployment of xcPEP.

xcPROC is not customer facing and is an internal tool used by ASI Engineering to support xcPEP users around the world.

 

Our People

should costing - vaibhav kumar - ceo - advanced structures india - xcpep

Vaibhav B Kumar

Founder & CEO

Should Costing - pratik shukla - CTO

Pratik Kumar Shukla

Co-Founder & CTO

Should Cost Analysis Software - Advanced Structures India - xcPEP - Alexander KA

Alexander K A

Head - Engineering

operations - should costing software - shivam tiwari - advanced structures india

Shivam Tiwari

Head - Operations

Our Teams

Software Development

Develops and maintains our products.

Solution Architecture

Configures xcPEP for individual customer's needs.

Data Research

Conducts primary and secondary research for cost data.

ASI Engineering

Custom should costing projects, Cost Lab setup.

DevOps

Manages our SaaS infrastructure in cloud.

Information Security

Protects data across all our operations.

Information Technology

Manages all our IT assets except SaaS infrastructure.

Business & Support Functions

Sales, Marketing, Finance, HR and Admin.

Key Facts

Location

We are headquartered in Bengaluru, India in close proximity to the country’s automotive, electronics, and manufacturing hubs.

Geographies Served

Our products are used by customers across India, US, EU, and Taiwan. We support global deployments and localized configurations based on regional manufacturing practices and cost structures.

Business Model

Our focus is on building and licensing enterprise costing engineering software xcPEP. We offer optional support services such as onboarding, customization, and cost model development to accelerate customer adoption. All deployments ensure full data ownership and privacy for the customer.

What do we not do?

We don’t offer generic consulting or outsourced engineering services. We are not a data aggregator. Our focus is entirely on enabling in-house cost engineering and procurement excellence through scalable, customer-controlled platforms.

Team

We are a team of around 60 engineers (as of mid 2025), with skills across mechanical, electrical, electronics, software engineering and machine learning. Our team structure reflects our product-first approach.