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Product category: 3D CAD software
News Release from: CoCreate Software
Edited by the Engineeringtalk Editorial Team on 06 March 2006

Uptake in PLM products

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More than 500 companies opt for product lifecycle management software since the start of the first quarter.

CoCreate Software, a provider of product lifecycle management (PLM) software, has announced more than 500 new customers since the start of its first quarter Most have added the firm's Designer Modeling to their product development range

As a result, they have set the foundation for a solid strategy as only 3D can unlock the value of design data in a way that 2D cannot approach.

Of the companies, nearly 100 are new customers with no previous exposure to CoCreate's platform.

"Dynamic Modelling and history-based design are distinctly different approaches to product development", said William Gascoigne, CoCreate CEO.

"Companies that require a speed and flexibility advantage to surmount time to market pressures, or that simply want an easier to learn and use 3D design system, choose CoCreate".

"This year the industry is clearly starting to recognise the differences between the two approaches, and that dynamic modelling serves the market segment that places a high priority on speed, agility and innovation".

The rest of the new customers already had some CoCreate products.

Over a quarter used the firm's successful 2D to 3G upgrade programme.

"CoCreate and our channel partners successfully engaged with many companies that find an advantage in CoCreate's product development suite and the easy to adopt approach to PLM", said Gascoigne.

"We have seen an 80% increase in licence and customer activity over this time last year".

"We attribute this to successful communication programs that have connected CoCreate's 2D and small to mid-size businesses customers with our 3G PLM vision".

The firm's PLM strategy fills the gap between product definition and manufacturing systems, such as ERP, with a product development suite.

Rather than the traditional PLM approach of adding another enterprise IT layer, CoCreate complements existing IT investments and leverages a 3D master model to extend the reach of design data throughout the organisation.

This approach is prompting companies that have rejected the current generation of PLM systems to pursue it in a more achievable and cost effective way.

The types of manufacturing companies that have added these products include electronics and networking companies, engineering services firms, mechanical component manufacturers, packaging companies, mould and casting companies, a major automotive industry motorsport organisation, manufacturers of industrial woodworking machinery, manufacturers of precision mechanical machinery, and other types of discrete manufacturing organisations.

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