Product category:
PLM and collaboration software
News Release from: Siemens PLM Software
Edited by the Engineeringtalk Editorial
Team on 24 April 2006
Frost and Sullivan names UGS PLM company
of 2006
Frost and Sullivan will present UGS with the 2006 Product Lifecycle Management Solutions Company of the Year Award during its annual Best Practices Awards Banquet.
Frost and Sullivan will present UGS with the 2006 Product Lifecycle Management Solutions Company of the Year Award during its annual Best Practices Awards Banquet in Orlando, Florida on 26th April The company of the year award is presented each year to the solutions company that has demonstrated excellence in all operations
This article was originally published on Engineeringtalk on 22 May 2003 at 8.00am (UK)
Related stories
New release upgrades "digital decision making"
Unigraphics NX 2 is the latest version of the next-generation integrated computer-aided design, manufacturing and engineering analysis (CAD/CAM/CAE) software suite.
All afloat with product development software
Sunseeker International has recently implemented the Unigraphics NX collaborative product development and manufacturing software suite at its shipyard headquarters on the UK's south coast.
The award is based on numerous factors including the company's business development, competitive strategy and leadership within a particular Frost and Sullivan Industry Research Group.
The award recipient also must demonstrate superior market growth skills through significant gains in the market and must take advantage of market changes through the execution of innovative strategies within the existing competitive landscape.
"It is a great honour for UGS to receive such a prestigious award", said Tony Affuso, Chairman, CEO and President of UGS.
Further reading
Finite element analysis joins PLM offerings
NX Nastran is a new digital simulation and analysis software package targeted at the high-growth computer-aided engineering analysis market.
Software to speed British bike to MotoGP title
Proton Team KR has chosen EDS product lifecycle management software as part of its drive to win the MotoGP World Championship with a British-built bike.
"One of the primary challenges for our customers is to drive the process of innovation along with globalisation".
"UGS has successfully helped its customers overcome this challenge through its innovative collaborative product data management (cPDM) solution and because the solution is powered by the JT visualisation technology, customers are able to share knowledge and information across the organisation and throughout the supply chain".
In order to select the company of the year award recipient, Frost and Sullivan analysts quantify several market factors for each market participant according to predetermined criteria, paying close attention to their combined operations efforts.
This process includes interviews with all the market participants, customers and suppliers, along with extensive secondary and technology research.
The companies' efforts are then analysed based on the number of new customers, new segments and commitment to business expansion coupled with market growth.
Industry participants are then ranked based on the predetermined measurement criteria.
"We congratulate UGS on this enormous achievement in the PLM industry", said Sath Rao, Research Manager for Frost and Sullivan.
"UGS exhibited outstanding management, consistent growth, and positive social and economic impact on local and national communities and customers".
"The company's exceptional customer service has been noted as a critical success factor, coupled with the ability to combine technology and successful strategic initiatives".
• Siemens PLM Software: contact details and other news
• Email this article to a colleague
• Register for the free Engineeringtalk email newsletter
• Engineeringtalk Home Page
Search the Pro-Talk network of sites
