INspares

INspares GmbH provides a software platform for managing industrial electrical and electronic components, focusing on obsolescence management to ensure transparency across a component's entire lifecycle. The company was registered in April 2020 with Carsten Finke as the initial managing director. It operates from Wegberg, Germany.

The firm's core product is OT360, a software-as-a-service (SaaS) platform that creates a digital twin of a company's active electronic components. This is achieved through an app with AI-supported photo recognition, which captures all relevant parts directly from the production environment. The platform provides users with a comprehensive 360° overview and access to current lifecycle and aging information for each component, enabling predictive maintenance and strategic planning for spare parts. The system delivers manufacturer-neutral recommendations for discontinuation and replacement. This service helps clients to minimize unplanned plant downtime, reduce maintenance costs, and manage surplus or obsolete stock effectively.

INspares primarily serves industrial manufacturing companies, system integrators, maintenance providers, and municipal operations. The business model is based on providing its full-service software platform to these clients. While the company does not offer repair services directly, it leverages its network to connect clients with service partners. In June 2025, INspares secured growth financing from S-UBG AG, an investment that will be used to expand its market position and enhance its product portfolio.

Keywords: obsolescence management, spare parts management, industrial components, component lifecycle management, electronic parts software, OT360 platform, digital twin, predictive maintenance, industrial manufacturing, maintenance management, lifecycle data, asset management, supply chain, manufacturer-neutral, industrial automation, component risk management, digital transparency, production downtime reduction, inventory management, plant maintenance