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Product category: PLM and collaboration software
News Release from: Siemens PLM Software
Edited by the Engineeringtalk Editorial Team on 15 August 2006

Mid-market approach proves popular

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UGS Corp has continued the momentum of its mid-market approach through UGS Velocity Series portfolio wins as well as increased channel expansion.

UGS Corp has announced continued momentum of its mid-market approach through UGS Velocity Series portfolio wins as well as increased channel expansion UGS Velocity Series wins provided strong year-over-year growth while second quarter indirect channel licence revenue increased by 30% and more than 50 new partners were signed up in the first half of the year

The UGS Velocity Series portfolio is the industry's first comprehensive, preconfigured portfolio of digital product design, analysis, manufacturing and data management software for the PLM mid-market.

"UGS is the only company that offers products for smaller engineering companies - such as the Velocity Series - as well as high-end solutions for enterprise or larger organisations, with proven interoperability and totally scaleable as companies' requirements grow", said Chris Smith, Managing Director, Aurora Design and Consultancy (UGS Partner).

UGS achieved several product milestones in its mid-market plan during the second quarter and its wins provided year-over-year growth.

UGS announced the fourth product to the Velocity Series portfolio, NX CAM Express, a full-function numerical control (NC) programming application.

In addition, UGS announced Solid Edge Version 19 and Femap version 9.2.

The company and its partners also migrated numerous MSC.Nastran customers to Femap finite element analysis (FEA).

Finally, UGS and channel partners implemented Teamcenter Express, the Velocity Series' PDM component, at corporations in 15 countries.

"We have analysed a number of PDM products, but found Teamcenter Express to be more robust and scalable to the growing needs of our company", said Luigi Buccitelli, CAD Administrator, US Manufacturing Corp.

"UGS has cornered the market with Teamcenter Express, providing a high-quality PDM system that is packaged and priced to fit mid-sized companies".

"Based on Teamcenter Engineering, it allows us to plug straight into the number one system in the world", said Smith.

"UGS has far exceeded our partnership expectations through their 'world-class' channel programme", said Paul Turner, Senior Vice President, BeaconCompanies.

"UGS has provided great support to ensure we have successful wins and customer implementations".

"Strong growth with Velocity Series wins and our indirect channel business combined with our new and expanded partners validate our mid-market business model and innovative channel program", said Kerry Grimes, Vice President, Mid Market and Global Channel Sales, UGS.

"With the addition of NX CAM Express for manufacturing to the UGS Velocity Series, our partners are even better equipped to serve the needs of their small to medium-sized customers".

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