Product category:
PLM and collaboration software
News Release from: Centric Software
Edited by the Engineeringtalk Editorial
Team on 08 November 2005
Patented technology speeds up product
development
Centric Software has announced two patents that expedite the new product development process, allowing companies to reduce product development cycles and time-to-market.
Centric Software, provider of OpenPLM for the extended enterprise, has announced two patents that expedite the new product development process, allowing companies to reduce product development cycles and time-to-market Centric has been granted a patent titled 'Simulation Program Having Generic Attribute Access Schema' that allows Centric Decision centre users to add further meaning to data aggregated from incompatible source systems, thus creating a more complete picture of projects or products for greater contextual analysis
This article was originally published on Engineeringtalk on 10 Jun 2005 at 8.00am (UK)
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The Centric Decision centre implements Centric's OpenPLM connectivity that continually extracts and aggregates key data from multiple source systems, and re-presents the data in new, meaningful combinations.
However, extracted, aggregated data from mixed-source PLM, ERP, CRM and other systems may lack key unifying elements, such as colour or cost, that facilitate collaboration on projects or products across dispersed teams.
With this patent, Centric Decision centre users can map new elements to existing data in real time.
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The resulting combination allows a more meaningful and accurate representation of shared project and product information.
"The unique value of this patent lies not just in the fact that we can add elements to aggregated data, but in our ability to use the added elements to facilitate communication so companies can bring winning products to market more quickly", said Chris Groves, Chief Executive Officer of Centric Software.
"This patent, and the second described below, further our goal, which is to continually deliver technology that accelerates innovation for product and program execution".
The second patent, 'Multi-Threaded Frame Safe Synchronisation of a Simulation', enables design engineers to run more accurate, realistic real-time simulations on products before developing prototypes.
The technology integrates multiple sources of engineering data to create smooth, visually accurate 3D images.
"Even the smallest design flaw can delay a new product introduction by months, which may result in missing a critical market window and lost revenue", said Ron Watson, Vice President of Product Development for Centric Software.
"By overcoming potential obstacles in new product introductions, both of these patents assist with the difficult challenge of aggregating product information to capitalise on market opportunities".
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