Product category:
PLM and Product Life Cycle software
News Release from: Siemens PLM Software
Edited by the Manufacturingtalk Editorial
Team on 09 April 2004
UGS PLM Solutions Recognised as the
Revenue Leader
UGS PLM Solutions Recognised as the Revenue Leader in Product Lifecycle Management (PLM) and Collaborative Product Definition Management (cPDm) by Industry Research Firm CIMdata
UGS PLM Solutions, the product lifecycle management (PLM) subsidiary of EDS, announced it has been recognised as the revenue leader in PLM and collaborative Product Definition management (cPDm) by leading industry research firm CIMdata in a new comprehensive study of the PLM market The CIMdata study ranks PLM companies that are considered to be market leaders
This article was originally published on Manufacturingtalk on 25 Oct 2005 at 8.00am (UK)
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CIMdata ranks UGS PLM Solutions as the overall leader in PLM revenue among suppliers with broad-based capabilities that support a full product lifecycle-focused solution.
In addition to being named the leader in PLM, CIMdata ranks UGS PLM Solutions as the leader in cPDm, both in terms of revenue and market presence, with direct revenues more than double the closest competitor.
"We applaud CIMdata's industry research leadership and focus in the PLM market and the completeness of their analysis," said Tony Affuso, president and CEO of UGS PLM Solutions.
"UGS PLM Solutions' fifth straight year as the overall leader in this study validates our efforts to provide best-in-class customer value by delivering a broad range of leading PLM software and services solutions, on an open platform, to enable enterprises to reduce time to market by transforming their process of innovation throughout the entire product lifecycle." CIMdata defines PLM as a strategic business approach that applies a consistent set of business solutions in support of the collaborative creation, management, dissemination and use of product definition information across the extended enterprise from concept to end of life - integrating people, processes, business systems and information.
PLM forms the product information backbone for a company and its extended enterprise.
cPDm is focused on collaboration, management and sharing of product-related information.
For more information on the CIMdata study, go to http://www.cimdata.com/press/PR04-0331.htm.
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