About Us

We are Advanced Structures India. Over the past decade, we’ve built Cost Engineering SaaS — xcPEP & xcPROC Procurement Platform, 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.

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

Cost Engineeing SaaS

 

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 Platform

 

What is xcPROC?
xcPROC is an external-facing marketplace and vendor discovery platform where suppliers showcase their parts, materials, and manufacturing services.

Who uses xcPROC?
Manufacturing buyers, sourcing teams, and suppliers looking to connect with each other.

Key Applications of xcPROC
- Supplier discovery and evaluation.
- Vendor pre-qualification with financial, GST, and certification checks.
- Marketplace for manufacturing parts and services.

Data Ownership in xcPROC
All data inside xcPROC — including part names, supplier details, material rates, and certifications — is sourced, researched, and owned by Advanced Structures India (ASI).

Confidentiality
xcPROC showcases supplier information publicly for registered buyers, but the underlying data is maintained and controlled by ASI.

Interaction with xcPEP
One of the use cases of xcPROC data is to provide updated and high quality raw material rates, suppliers names and their capabilities to xcPEP users.

Our People

Vaibhav B Kumar

Founder & CEO

Pratik Kumar Shukla

Co-Founder & CTO

Shivam Tiwari

Head - Operations

Alexander K A

Head - Engineering

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 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, Europe, 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 products — specifically, xcPEP and xcPROC. 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 80 engineers (as of early 2025), with skills across mechanical, electrical, electronics, software, and data engineering. Our team structure reflects our product-first approach.