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News Release from: Delcam
Edited by the Manufacturingtalk Editorial Team on 17 June 2005

Delcam aims to out-sell PTC by 2006

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Delcam managing director Hugh Humphreys has set his company the target of selling more CAM software and services than former industry leader PTC in 2006.

Delcam managing director Hugh Humphreys has set his company the target of selling more CAM software and services than former industry leader PTC in 2006 Humphreys believes that this ambitious objective is achievable based on the results of the latest survey of the industry by renowned US consulting and market research firm, CIMdata

Each year, CIMdata publishes its NC Software and Related Services Market Assessment and has recently issued its 2005 report.

This shows that, in 2004, Delcam maintained its steady growth with end-users sales of $79.7 million, while PTC's end-user sales stayed at $91.8 million.

The latter figure did, at least, halt the decline in its CAM sales that PTC has seen since being ranked the leading vendor in 2001 with end-user sales of $139.2 million.

For 2005, CIMdata is predicting that Delcam will close the gap significantly on PTC.

Although PTC is predicted to achieve end-user sales of $97.8 million and so see its first growth in CAM revenues for several years, Delcam is expected to show much faster growth and achieve end-user sales of $93.9 million.

"CIMdata has predicted a better year for PTC in 2005 after several years of decline in its CAM business," said Humphreys.

"However, even if the company does achieve this turnaround, we expect to be very close to its level of CAM sales this year".

" We would then only need to achieve modest further growth to overtake the company in 2006." Delcam's predicted 2005 growth will be partly the result of increased sales of its established Power Solution software and partly achieved through its recent addition of the FeatureCAM range of software.

"Both software ranges achieved record sales in 2004," stated Humphreys.

"I am confident that this growth will continue in the coming years." "With our increased investment in product development, together with the addition of the FeatureCAM team in Salt Lake City, we now employ close to 100 developers," added Humphreys.

"This increased number will ensure that both our software ranges continue to be the leaders in their respective areas." "In addition, we are currently broadening the range of applications for our software, from our traditional area in the manufacture of injection moulding tools," said Humphreys.

"We are now having more success in other areas of toolmaking, especially press tools and patternmaking, and also seeing more sales for the production machining of complex shapes, such as those found in the aerospace and autosport industries". Request free introductory details about products from Delcam ...

" This successful diversification strategy will enable us to continue to expand our market share in the CAM business.".

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