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Product category: Data acquisition software and systems
News Release from: Forming Technologies | Subject: Catia Cost Optimizer - metalforming
Edited by the Manufacturingtalk Editorial Team on 09 March 2006

Sheet metal forming visualisation saves
costs

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Believed to be the only cost reduction metal forming software available within the Catia environment it will identify how material cost saving targets of 10-15% can be achieved.

Forming Technologies (FTI) the industry's leading developer of solutions for design, simulation, and costing of sheet metal components, has unveiled Catia Cost Optimizer R16 CAA V5 based Cost Optimizer in Catia is the only cost reduction solution within the Catia environment

This fully associative and regenerative solution will identify how organisations can achieve material cost saving targets of 10-15%.

This is the latest solution by Forming Technologies that is fully integrated into Catia CAAV5 environment.

"Cost Optimizer in Catia has demonstrated an outstanding return on investment for our OEM and Tier 1 clients," said Michael Gallagher, vice president of sales and marketing, FTI.

"The development of Cost Optimizer in Catia has been driven by our valuable clients asking for this solution to be in Catia.

The solution identifies product design changes that improve material utilization and reduce costs.

The benefits are tremendous with respect to labour savings and reduced material costs." Cost Optimizer in Catia provides Catia users with the only regenerative and associative environment for fast and accurate blank generation, nest evaluation, and material cost reductions.

Cost Optimizer will simulate multiple costing scenarios in minutes all within the Catia environment.

It is specifically designed for engineers, estimators, purchasers, planners, tool and die designers.

Currently, Forming Technologies is maintaining Cost Optimizer in Catia within releases 13 through 16.

* About Forming Technologies - Forming Technologies Incorporated is the world's leading developer of computer aided engineering software for design and simulation of sheet metal components.

For the past 17 years, FTI has provided OEMs and suppliers in the automotive, aerospace and appliance industries with innovative software and training solutions designed to reduce development time and material costs.

FTI has trained over 10,000 engineers in Formability and Die Design and is considered the 'Best in Class' around the world for their industry training programs.

FTI and its global network of partners provide sales and technical support to customers in more than 35 countries.

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