BANGALORE, India - Cranes Software International Ltd. (Cranes), a Company that provides Enterprise Statistical Analytics and Engineering Simulation Software Products and Solutions across the globe, today announced its unaudited financial results for the first quarter ended June 30, 2009.
Cranes Software Group’s financial performance review:
Corresponding Quarterly Comparison
Q1FY10 (April – June 2009) v/s Q1FY09 (April – June 2008)
* Total revenues were up 6% to Rs. 1,218 million from Rs. 1,154 million
o Overseas revenues increased 14% to Rs. 1168 million and constitute 96% of total revenues
o Domestic revenues at Rs. 50 million for the period under review
* Operating profit improved by 2% to Rs. 587 million from Rs. 574 million. Operating margins for the quarter at 48%
* Net profit after tax amounted to Rs. 281 million translating to diluted EPS of Rs. 2.05 for the period under review
Commenting on the financial results, Asif Khader, Managing Director, Cranes Software International Limited, said, “Cranes has started the year on a positive note with revenues increasing 6% to Rs. 1,218 million. The thrust of our strategy that we have been aggressively implementing over the last four quarters is beginning to show results. The key focus of this strategy, includes streamlining our supply chain by consolidating operations across geographies and enhancement of operating efficiencies by devising strict measures to negotiate the recent rise in average collection period. This actions will help mitigate cashflow constrains faced during the quarter. Additionally, the Company is enhancing its interface with customers for direct sale of proprietary products particularly in locations where it has close proximity to direct offices. This has had a two fold effect in that it has further enabled us to reduce the sales cycle as well as led to better management of business. This is one of the reasons why the standalone revenues have declined significantly this quarter.
One of our longest alliance partners, The MathWorks, for which we distributed products such as MATLAB in India, has decided to set-up its direct office in India. Although this has also contributed towards a decline in standalone revenues, the Company has put in further emphasis on the proprietary product sales in India. The demand for our products has improved and the Company has put into place a strong platform that will enable it to leverage the opportunities of an improving environment. We feel this move has helped de-risk our business by reducing the dependency on distribution sales through alliance partnership. Having said that, we will continue to explore the environment to partner with Companies so that we could provide end-to-end solutions to our customers. We have partnered with several other principals such as Siemens, Maple Soft, Lyrtech, in our endeavour to do so.”
Acquisitions & Alliances during the quarter under review:
* Cranes Software’s subsidiary, Proland Software, a data security company, entered into a strategic partnership with VirusBuster, a Hungary-based security solutions provider. This alliance will enable Proland to provide a wider selection of data security solutions to its customers, and expand its presence from a predominantly home/single user base to the enterprise/office segments
* Cranes’ subsidiary, Systat Software entered into an agreement with Ohio based Rescentris, to globally offer their joint product, SigmaCERF - an Electronic Lab Notebook (ELN) and knowledge management platform for life science research organizations. While industry experts predict the market for ELN to be one of the fastest technology growth areas, this collaboration will also enable Cranes’ SigmaPlot, SigmaStat and Systat customers to source tools that cater to different aspects of their research process from one single reliable source
* Cranes entered into an alliance with Siemens PLM Software, a business unit of the Siemens Industry Automation Division and a leading global provider of product lifecycle management (PLM) software and services. This partnership will enable Cranes to distribute the full suite of PLM software solutions to its customer base in India, thereby strengthening its position further in the engineering simulations space
* Cranes has been a strategic partner to CNN-IBN in analyzing the findings of opinion and exit polls as well as analyzing results for elections held both at the State and the Center. In the recently held Lok Sabha elections, the Company used its in house statistical software product SYSTAT for analysis of early trends on the counting day. Dr. Rajeev Karandikar, a well regarded probabilist and statistician who is an Executive Vice President at Cranes with the analytics team collaborated with the CNN-IBN for this exercise.
New Product Launches during the quarter under review:
* Released ETA/DYNAFORM Version 5.7 – With over 90 new and enhanced features, the latest launch of its powerful die analysis solution, ETA/DYNAFORM Version 5.7 will further address some of the long standing requirements of the Manufacturing and Automobile sectors
* Released ETA/VPG Version 3.4 with NISA Solver – A finite element modeling software, ETA/VPG Version 3.4 has over 63 new or improved functions and offers an integrated linear static and Eigen value modules from the general purpose FEA software suite NISA, which allows users to easily create and visualize advanced simulations within the ETA/VPG environment
Jul 30, 2009
uPrint ™, The personal 3d printer from stratasys enters india through DesignTech
uPrint ™ breaks $15,000 barrier with fully functional, desktop-sized 3D printer.
New Delhi — DesignTech Systems Ltd. an esteemed country wide distributor of Stratasys Incorporated, today launched uPrint™ – A Personal 3D Printer from their Dimension Series in India. uPrint™, the world’s first 3D Printer is available at the record breaking low price of $ 14,900 for immediate purchase through DesignTech Systems Ltd.
“uPrint™ is an important advance for Dimension’s product line, providing users a networked, desktop-sized 3D printer capable of building durable, accurate models ready for testing,” said Woody Frost, Vice President – International Sales, Stratasys. “uPrint™ will appeal to designers, engineers, architects, artists, teachers and others working in CAD. With uPrint™, they can get an affordable, high-quality 3D modeling system that’s available today.”
Designed for the desktop, uPrint requires only a 25 x 26 in. footprint and features an 8 x 6 x 6 in. build envelope.
Mr. Pradeep Nair, Stratasys Regional Director ASEAN and India said “uPrint™ features automated support removal system, allowing for hands-free removal of the support saving labour and enhancing the ease of use of material. As a personal 3D printer, uPrint™ makes 3D printing immediate and convenient for, every design iteration. There's no waiting in queue for a shared printer and no waiting for models to arrive from an outside service”.
Mr. Vikas Khanvelkar, Managing Director, DesignTech Systems Ltd said “uPrint ™breaks the $15,000 barrier with a fully functional, desktop-sized 3D printer. We at DesignTech see immense potential to sell uPrint™ to many Product Design Companies. With its small foot print and low cost, it will find place practically in every design group”.
Using Dimension’s proven FDM technology, uPrint™ prints models with Stratasys ABS plus — a material on average 40 percent stronger than the company’s previous ABS material, making it ideally suited for testing the form, fit and function of models and prototypes.
New Delhi — DesignTech Systems Ltd. an esteemed country wide distributor of Stratasys Incorporated, today launched uPrint™ – A Personal 3D Printer from their Dimension Series in India. uPrint™, the world’s first 3D Printer is available at the record breaking low price of $ 14,900 for immediate purchase through DesignTech Systems Ltd.
“uPrint™ is an important advance for Dimension’s product line, providing users a networked, desktop-sized 3D printer capable of building durable, accurate models ready for testing,” said Woody Frost, Vice President – International Sales, Stratasys. “uPrint™ will appeal to designers, engineers, architects, artists, teachers and others working in CAD. With uPrint™, they can get an affordable, high-quality 3D modeling system that’s available today.”
Designed for the desktop, uPrint requires only a 25 x 26 in. footprint and features an 8 x 6 x 6 in. build envelope.
Mr. Pradeep Nair, Stratasys Regional Director ASEAN and India said “uPrint™ features automated support removal system, allowing for hands-free removal of the support saving labour and enhancing the ease of use of material. As a personal 3D printer, uPrint™ makes 3D printing immediate and convenient for, every design iteration. There's no waiting in queue for a shared printer and no waiting for models to arrive from an outside service”.
Mr. Vikas Khanvelkar, Managing Director, DesignTech Systems Ltd said “uPrint ™breaks the $15,000 barrier with a fully functional, desktop-sized 3D printer. We at DesignTech see immense potential to sell uPrint™ to many Product Design Companies. With its small foot print and low cost, it will find place practically in every design group”.
Using Dimension’s proven FDM technology, uPrint™ prints models with Stratasys ABS plus — a material on average 40 percent stronger than the company’s previous ABS material, making it ideally suited for testing the form, fit and function of models and prototypes.
Filed under:
Stratasys
Global Force DIRECT Issues Call for Bricscad Affiliates
New Delhi: Global Force DIRECT, a distributor of technology products and services across the U.S. and India, today issued a call for marketing affiliates for Bricscad -- the "#1 Alternative to AutoCAD".
Affiliates will be rewarded with five percent of the purchase price of all online purchases of Bricscad which specify their affiliate code. To encourage buyers to use codes, all orders placed with an affiliate code receive an immediate five percent discount on the list price. There is no limit to the number of times that a code can be used or reward totals that can be earned. Affiliates can choose to receive their rewards in cash payments or credits toward Bricscad products, subscriptions, or renewals.
Anthony Flynn, Global Force DIRECT president comments, "I believe there is a sizable community of articulate, experienced CAD professionals who want to see and encourage fundamentally lower prices and friendlier policies for full-function 2D/3D CAD. With this affiliate program, these pros and their organizations can not only use Bricscad, but also receive a handsome reward for sharing the good news. And those they help, in turn, receive a handsome discount. It' a simple, compelling, modern win-win."
The Bricscad product itself offers compelling affordability along with full-function 2D/3D CAD, full DWG compatibility and interoperability, an open platform for customizations and DWG-based applications, and a large and satisfied user base. Moreover, it is backed by management with a deep appreciation for owner rights, a penchant for support, and the strength to grow with its markets.
Flynn adds, "Perhaps the biggest opportunity for affiliates is letting colleagues with old, unsupported CAD seats know that they can modernize their CAD with Bricscad for less than one fifth the price of AutoCAD. For many, this will be a no-brainer - Bricscad has full-function DWG CAD, the latest technologies, over 100,000 users, and a satisfaction rate in the high 90s. And most organizations are transitioning their staff in about a week."
Professionals can sign-up to the affiliate program as individuals or representing their company. There is no minimum time commitment to be an affiliate - in fact, most will have existing CAD roles as users, consultants, trainers, administrators and buyers, developers and resellers, user group members and officers, and newsletter editors and publishers. And most will use affiliate rewards to supplement their income or offset their CAD costs.
The ideal affiliate should have significant project and CAD experience in one of the Bricscad target markets, including.
* Architecture: for 2D/3D building design/drafting
* Construction: for 2D/3D construction drawings
* Manufacturing: for 2D/3D product and part design/drawings
* Civil: for 2D/3D road design/drafting
* Water: for 2D/3D infrastructure design/detailing
* Plants: for 2D/3D process/discrete facility/process design/drawings
* GIS: Mapping and Land Management
* Landscape architecture: 2D/3D site design/detailing
To sign up for this Bricscad affiliate program in the U.S. or India, visit http://www.globalforcedirect.com/affiliate
You can also call Global Force DIRECT at +1-617-418-4450 (US) or +91-11-43086342 (India).
Affiliates will be rewarded with five percent of the purchase price of all online purchases of Bricscad which specify their affiliate code. To encourage buyers to use codes, all orders placed with an affiliate code receive an immediate five percent discount on the list price. There is no limit to the number of times that a code can be used or reward totals that can be earned. Affiliates can choose to receive their rewards in cash payments or credits toward Bricscad products, subscriptions, or renewals.
Anthony Flynn, Global Force DIRECT president comments, "I believe there is a sizable community of articulate, experienced CAD professionals who want to see and encourage fundamentally lower prices and friendlier policies for full-function 2D/3D CAD. With this affiliate program, these pros and their organizations can not only use Bricscad, but also receive a handsome reward for sharing the good news. And those they help, in turn, receive a handsome discount. It' a simple, compelling, modern win-win."
The Bricscad product itself offers compelling affordability along with full-function 2D/3D CAD, full DWG compatibility and interoperability, an open platform for customizations and DWG-based applications, and a large and satisfied user base. Moreover, it is backed by management with a deep appreciation for owner rights, a penchant for support, and the strength to grow with its markets.
Flynn adds, "Perhaps the biggest opportunity for affiliates is letting colleagues with old, unsupported CAD seats know that they can modernize their CAD with Bricscad for less than one fifth the price of AutoCAD. For many, this will be a no-brainer - Bricscad has full-function DWG CAD, the latest technologies, over 100,000 users, and a satisfaction rate in the high 90s. And most organizations are transitioning their staff in about a week."
Professionals can sign-up to the affiliate program as individuals or representing their company. There is no minimum time commitment to be an affiliate - in fact, most will have existing CAD roles as users, consultants, trainers, administrators and buyers, developers and resellers, user group members and officers, and newsletter editors and publishers. And most will use affiliate rewards to supplement their income or offset their CAD costs.
The ideal affiliate should have significant project and CAD experience in one of the Bricscad target markets, including.
* Architecture: for 2D/3D building design/drafting
* Construction: for 2D/3D construction drawings
* Manufacturing: for 2D/3D product and part design/drawings
* Civil: for 2D/3D road design/drafting
* Water: for 2D/3D infrastructure design/detailing
* Plants: for 2D/3D process/discrete facility/process design/drawings
* GIS: Mapping and Land Management
* Landscape architecture: 2D/3D site design/detailing
To sign up for this Bricscad affiliate program in the U.S. or India, visit http://www.globalforcedirect.com/affiliate
You can also call Global Force DIRECT at +1-617-418-4450 (US) or +91-11-43086342 (India).
Filed under:
Bricscad
Think3 and 3Dconnexion agree to technology and sales partnership
Think3 applications support 3Dconnexion 3D mice with immediate effect; user of both companies will benefit from sales activities.
Think3 and 3Dconnexion entered a comprehensive partnership agreement. The cooperation includes both the support of the 3D mice through the ThinkDesign Styling, Engineering and Tooling applications and common sales activities in Germany, Austria and Switzerland.
User of the think3 software product range ThinkDesign are able to instantly access to all advantages of the 3D mice. They allow the navigation in three dimensions with six degrees of freedom, enabling a precise object control. Since the 3Dconnexion 3D mice are used complementary to standard mice, the time consuming change between standard mouse and keyboard is unnecessary. The result is a streamlined workflow without interruptions. Through the precise navigation, the models can be viewed from every perspective. Possible weak spots or faults on the object can be recognized and solved faster.
Think3 and 3Dconnexion customer in Germany, Austria and Switzerland also benefit from temporary sales activities. Thus they can purchase all professional 3Dconnexion products, SpacePilot PRO, SpacePilot und SpaceExplorer, with a saving of 25 percent.
“Think3 has a large customer base in Central Europe. Through the combined use with our 3D mice, ThinkDesign user can optimize their applications as well as their workflow, and thereby increase the productivity,” said Dieter Neujahr, president of 3Dconnexion. “Furthermore we offer attractive proposals to ease the use of our professional 3D input devices.”
“Think3 suite for the Process of Product Development (PPD) provides the most powerful 3D tools and PLM data management environment” stated Silvano Joly, Vice President Worldwide Marketing at think3. “But in these times, that have been named ‘the age of turbulence’, it is not enough for Companies to be effective and reliable in the engineering department, they must control and contain the total cost of ownership of their PPD platform too. And think3 is not only providing products “that works” but is also ensuring a short learning time, a rapid conversion of existing legacy data and an excellent interaction with third parties. With 3Dconnexion’s 3D mice these advantages can exploit enabling customers to rapidly achieve their objectives and respect their ROI plans.”
SpacePilot PRO, SpacePilot and SpaceExplorer are certified for the use with the software solutions ThinkDesign Styling, ThinkDesign Engineering and ThinkDesign Tooling version 2009.1.
ThinkDesign & 3Dconnexion promotion
- Ask for the promotion code to think3.it@think3.com
- The promotion code will give you the opportunity to access the 3Dconnexion web shop for the agreed ThinkDesign promotion;
- The code is valid from 1-Jul till 31-Oct 2009 in Germany, Austria and Switzerland
- The code gives 25% discount on all available 3Dx products
Think3 and 3Dconnexion entered a comprehensive partnership agreement. The cooperation includes both the support of the 3D mice through the ThinkDesign Styling, Engineering and Tooling applications and common sales activities in Germany, Austria and Switzerland.
User of the think3 software product range ThinkDesign are able to instantly access to all advantages of the 3D mice. They allow the navigation in three dimensions with six degrees of freedom, enabling a precise object control. Since the 3Dconnexion 3D mice are used complementary to standard mice, the time consuming change between standard mouse and keyboard is unnecessary. The result is a streamlined workflow without interruptions. Through the precise navigation, the models can be viewed from every perspective. Possible weak spots or faults on the object can be recognized and solved faster.
Think3 and 3Dconnexion customer in Germany, Austria and Switzerland also benefit from temporary sales activities. Thus they can purchase all professional 3Dconnexion products, SpacePilot PRO, SpacePilot und SpaceExplorer, with a saving of 25 percent.
“Think3 has a large customer base in Central Europe. Through the combined use with our 3D mice, ThinkDesign user can optimize their applications as well as their workflow, and thereby increase the productivity,” said Dieter Neujahr, president of 3Dconnexion. “Furthermore we offer attractive proposals to ease the use of our professional 3D input devices.”
“Think3 suite for the Process of Product Development (PPD) provides the most powerful 3D tools and PLM data management environment” stated Silvano Joly, Vice President Worldwide Marketing at think3. “But in these times, that have been named ‘the age of turbulence’, it is not enough for Companies to be effective and reliable in the engineering department, they must control and contain the total cost of ownership of their PPD platform too. And think3 is not only providing products “that works” but is also ensuring a short learning time, a rapid conversion of existing legacy data and an excellent interaction with third parties. With 3Dconnexion’s 3D mice these advantages can exploit enabling customers to rapidly achieve their objectives and respect their ROI plans.”
SpacePilot PRO, SpacePilot and SpaceExplorer are certified for the use with the software solutions ThinkDesign Styling, ThinkDesign Engineering and ThinkDesign Tooling version 2009.1.
ThinkDesign & 3Dconnexion promotion
- Ask for the promotion code to think3.it@think3.com
- The promotion code will give you the opportunity to access the 3Dconnexion web shop for the agreed ThinkDesign promotion;
- The code is valid from 1-Jul till 31-Oct 2009 in Germany, Austria and Switzerland
- The code gives 25% discount on all available 3Dx products
Filed under:
3Dconnexion,
think3
Autodesk Assistance Program Expands to Europe
Displaced Workers Worldwide Now Accessing Free Autodesk Design Products and Online Training.
SAN RAFAEL, Calif - With nearly 7,000 participants in North America, and more than 8,000 product downloads to date, the Autodesk Assistance Program is now available in Europe. Launched in North America in April, the program was designed to help displaced workers in the architecture, engineering, design and manufacturing industries maintain and develop their 3D design technology skills and help improve their employability in a down economy.
"Overwhelmingly positive feedback from customers and partners has shown us that the Autodesk Assistance Program is not just of domestic interest," said Ken Bado, executive vice president of sales and services at Autodesk. "We're proud to expand the program globally in response to the challenging worldwide economic climate in hopes that design professionals around the globe will stay competitive and emerge from this crisis in a better place than they started."
The program is now available in Northern Europe, and will continue to roll out to the rest of Europe, Mexico and Brazil over the next few months.
SAN RAFAEL, Calif - With nearly 7,000 participants in North America, and more than 8,000 product downloads to date, the Autodesk Assistance Program is now available in Europe. Launched in North America in April, the program was designed to help displaced workers in the architecture, engineering, design and manufacturing industries maintain and develop their 3D design technology skills and help improve their employability in a down economy.
"Overwhelmingly positive feedback from customers and partners has shown us that the Autodesk Assistance Program is not just of domestic interest," said Ken Bado, executive vice president of sales and services at Autodesk. "We're proud to expand the program globally in response to the challenging worldwide economic climate in hopes that design professionals around the globe will stay competitive and emerge from this crisis in a better place than they started."
The program is now available in Northern Europe, and will continue to roll out to the rest of Europe, Mexico and Brazil over the next few months.
Filed under:
Autodesk
Ivan Koys new head of International Sales at Nemetschek Allplan
Munich - Nemetschek Allplan has appointed Ivan Koys as the new head of international sales. The 40-year old civil engineer was previously Managing Director of Nemetschek Czech Republic. As part of his new duties, he will be responsible for international partner sales as well as for the Nemetschek subsidiaries in the Czech Republic and Russia.
Ivan Koys has more than ten years of experience in sales at Nemetschek. He managed sales in Slovakia and the Czech Republic for seven years, finishing with a spell as Managing Director. In this role he turned Nemetschek Czech Republic into the most rapidly growing subsidiary in the Allplan Group.
Ivan Koys studied civil engineering in Bratislava and monument restoration in Leuven (Belgium).
Ivan Koys has more than ten years of experience in sales at Nemetschek. He managed sales in Slovakia and the Czech Republic for seven years, finishing with a spell as Managing Director. In this role he turned Nemetschek Czech Republic into the most rapidly growing subsidiary in the Allplan Group.
Ivan Koys studied civil engineering in Bratislava and monument restoration in Leuven (Belgium).
NVIDIA(R) Quadro(R) by PNY Graphics Solutions Optimize CAD, DCC and Visualization Performance at SIGGRAPH 2009
At SIGGRAPH 2009 (Booth # 2017) PNY and its key strategic partners will demonstrate industry-leading solutions for large-scale visualization, film and video, and digital content creation. Attendees will see how the NVIDIA Quadro FX by PNY graphics boards optimize professional 3D applications, streamlining 3D workflows and allowing users to give full rein to their creativity. Quadro HD-SDI graphics boards will demonstrate why they are chosen for the creation of high profile projects such as the latest feature films X-Men Origins: Wolverine, Journey to the Center of the Earth 3D and My Bloody Valentine 3D.
PNY will spotlight many new and exciting visualization products at its booth. Attendees will see impressive 4k images spanned across four displays in immersive stereoscopic 3D, using NVIDIA SLI(R) Mosiac Mode technology, the Quadro Plex 2200 D2 and NVIDIA 3D Vision(TM) glasses. Also highlighted is the latest NVIDIA Quadro FX professional graphics solution for Mac Pro users, the new NVIDIA Quadro FX 4800 for Mac(R). Adobe(R) Creative Suite(R) 4 users are invited to witness how the new CUDA-based video processing plug-in, Elemental Accelerator(TM) , can dramatically accelerate decoding, processing and encoding.
"We're excited to demonstrate with our key partners industry-proven visualization solutions that provide advancements for our 3D professional clients to free up their creative process, make their workflows more efficient and help them stay ahead of their competition," said Jeff Medeiros, director of marketing, PNY Technologies.
"The NVIDIA Quadro FX 5800 SDI by PNY is our gold standard at this point for SCRATCH(R). It provides the necessary graphics performance for real-time DI and the HD-SDI output that gives SCRATCH users unprecedented capabilities," says Jeff Edson, CEO of ASSIMILATE.
Featured PNY Quadro Products:
* NVIDIA Quadro FX 4800 for Mac - specifically designed for Apple(R) Mac Pro users offering: 1.5 GB of memory, support for two 30" Apple Cinema displays, standard 3-pin stereo connector and support for Apple Boot camp.
* NVIDIA Quadro FX 3800 by PNY - with 1GB Memory, this high-end graphics board is ideal for demanding CAD/CAM, 3D design and DCC applications.
* NVIDIA Quadro FX 5800 SDI by PNY - this integrated graphics-to-video solution, designed for broadcast, film, and video professionals delivers high performance graphics to uncompressed 12-bit SDI in 2K, HD, or SD formats.
* NVIDIA Quadro Plex 2200 D2 - a multi GPU system giving geophysicists, scientists, engineers, and other technical professionals visual supercomputing power at their desktops.
PNY will spotlight many new and exciting visualization products at its booth. Attendees will see impressive 4k images spanned across four displays in immersive stereoscopic 3D, using NVIDIA SLI(R) Mosiac Mode technology, the Quadro Plex 2200 D2 and NVIDIA 3D Vision(TM) glasses. Also highlighted is the latest NVIDIA Quadro FX professional graphics solution for Mac Pro users, the new NVIDIA Quadro FX 4800 for Mac(R). Adobe(R) Creative Suite(R) 4 users are invited to witness how the new CUDA-based video processing plug-in, Elemental Accelerator(TM) , can dramatically accelerate decoding, processing and encoding.
"We're excited to demonstrate with our key partners industry-proven visualization solutions that provide advancements for our 3D professional clients to free up their creative process, make their workflows more efficient and help them stay ahead of their competition," said Jeff Medeiros, director of marketing, PNY Technologies.
"The NVIDIA Quadro FX 5800 SDI by PNY is our gold standard at this point for SCRATCH(R). It provides the necessary graphics performance for real-time DI and the HD-SDI output that gives SCRATCH users unprecedented capabilities," says Jeff Edson, CEO of ASSIMILATE.
Featured PNY Quadro Products:
* NVIDIA Quadro FX 4800 for Mac - specifically designed for Apple(R) Mac Pro users offering: 1.5 GB of memory, support for two 30" Apple Cinema displays, standard 3-pin stereo connector and support for Apple Boot camp.
* NVIDIA Quadro FX 3800 by PNY - with 1GB Memory, this high-end graphics board is ideal for demanding CAD/CAM, 3D design and DCC applications.
* NVIDIA Quadro FX 5800 SDI by PNY - this integrated graphics-to-video solution, designed for broadcast, film, and video professionals delivers high performance graphics to uncompressed 12-bit SDI in 2K, HD, or SD formats.
* NVIDIA Quadro Plex 2200 D2 - a multi GPU system giving geophysicists, scientists, engineers, and other technical professionals visual supercomputing power at their desktops.
Filed under:
NVIDIA
Taylor Wiseman & Taylor Attains SITEOPS(R) Provider Certification
CHARLOTTE, N.C - BLUERIDGE Analytics(R), provider of patented land development software that delivers cost-optimized preliminary site designs and estimates, today announced that Taylor Wiseman & Taylor (TWT), a professional services firm based in Mount Laurel, New Jersey, has joined the elite list of SITEOPS Certified Providers.
SITEOPS Certified Providers are civil engineering firms that have created "SITEOPS Certified Centers of Excellence" with at least five individuals certified in SITEOPS. Certification distinguishes engineers who have mastered conceptual site design and what-if analysis using SITEOPS (www.siteops.com). They are skilled in information delivery and presentation using this collaborative Software-as-a-Service (SaaS) system.
"Taylor Wiseman & Taylor has a solid century of providing Mid-Atlantic and Southeastern clients with professional, efficient engineering services," says BLUERIDGE Analytics President/CEO Mike Detwiler. "By mastering SITEOPS, they can deliver even more cost effective site design options to their land development clients."
SITEOPS is "CAD with a Brain((R))," revolutionary technology that can automatically generate line work for a conceptual site plan using sophisticated algorithms. The SITEOPS 3D auto-draw tool creates site layouts, grading plans, storm water drainage designs, and related cost estimates in minutes to hours. SITEOPS users are saving an average of $15,000 per acre in site costs. Engineering firms skilled in SITEOPS can produce dozens of preliminary plans for a single site, along with cost estimates, in less than a week. This tool enables firms to give clients significantly more information at the start of a project, a critical time for key financial decisions that can mean the edge in a tightening construction market.
"Our firm is built on a tradition of quality and innovation," says James Stevens, PE, President of TWT. "SITEOPS is next-generation CAD technology that will enable us to provide clients with better information and options for decision making. Our design team is excited about SITEOPS, and we look forward to sharing its benefits with our customers."
SITEOPS Certified Providers are civil engineering firms that have created "SITEOPS Certified Centers of Excellence" with at least five individuals certified in SITEOPS. Certification distinguishes engineers who have mastered conceptual site design and what-if analysis using SITEOPS (www.siteops.com). They are skilled in information delivery and presentation using this collaborative Software-as-a-Service (SaaS) system.
"Taylor Wiseman & Taylor has a solid century of providing Mid-Atlantic and Southeastern clients with professional, efficient engineering services," says BLUERIDGE Analytics President/CEO Mike Detwiler. "By mastering SITEOPS, they can deliver even more cost effective site design options to their land development clients."
SITEOPS is "CAD with a Brain((R))," revolutionary technology that can automatically generate line work for a conceptual site plan using sophisticated algorithms. The SITEOPS 3D auto-draw tool creates site layouts, grading plans, storm water drainage designs, and related cost estimates in minutes to hours. SITEOPS users are saving an average of $15,000 per acre in site costs. Engineering firms skilled in SITEOPS can produce dozens of preliminary plans for a single site, along with cost estimates, in less than a week. This tool enables firms to give clients significantly more information at the start of a project, a critical time for key financial decisions that can mean the edge in a tightening construction market.
"Our firm is built on a tradition of quality and innovation," says James Stevens, PE, President of TWT. "SITEOPS is next-generation CAD technology that will enable us to provide clients with better information and options for decision making. Our design team is excited about SITEOPS, and we look forward to sharing its benefits with our customers."
Dassault Systèmes Reports Second Quarter 2009 Financial Results At High End of Company Objectives
PARIS - Dassault Systèmes (DS) (Paris:DSY) (Euronext Paris: #13065, DSY.PA) reports IFRS unaudited financial results for the second quarter and first half ended June 30, 2009. These results have been reviewed by the Company’s Board of Directors.
Summary Financial Highlights
* Second Quarter 2009 non-IFRS financial results at high end of DS objectives
* Cost-savings initiative on track with €55 million realized year-to-date
* Net operating cash flow of €177 million for First Half; Net cash position of €733 million
* Shareholders approved annual cash dividend of €0.46 per share, stable with prior year
* DS reconfirms 2009 constant currency financial objectives and updates for currency exchange rates
Bernard Charlès, Dassault Systèmes President and Chief Executive Officer, commented, “The second quarter unfolded as anticipated. Revenue, margin and earnings results came in at the high end of our objectives, thanks to continued strong interest in DS solutions across a diversified number of industries, and to our cost savings program which is being implemented without impacting our R&D and sales capacities.
“On balance, business conditions during the second quarter were similar to the first quarter with customers remaining cautious with respect to new business investments. We started to see some increase in activity among larger companies, for which design excellence, simulation and compliance were significant drivers. For smaller companies, in general, it was not the case as we observed some slight further weakening from the first three months of the year.
“We are dedicated to the success of our customers with our investments in R&D. In June, we introduced Version 6 Release 2010 for the PLM market. We are just at the start of the adoption ramp of our V6 platform and software solutions and are therefore pleased by the number of wins we are seeing with more than 130 companies to date, representing the apparel, aerospace, automotive, energy, life sciences and high tech industries, among others.
“This quarter, we obtained a milestone decision, with Renault Group selecting our V6 PLM solution, which will be deployed as their global collaborative innovation platform for all functions involved in engineering and product development, thus replacing legacy PDM and reducing Renault Group’s cost of operations.
“In the Mainstream market, SolidWorks 2010 is set to be released in the fall of 2009 as scheduled. This latest release is uniquely positioned to offer users the ability to easily evaluate design and material alternatives for sustainable product development.”
Key Business and Corporate Highlights
Renault Chooses DS Full V6 PLM to Improve the Company’s Productivity and Product Quality. Renault has selected Dassault Systèmes’ V6 PLM as its new global product development solution, in order to improve productivity, and product quality. Renault has already started to implement the ENOVIA V6 based collaborative platform and CATIA V6, and will rapidly move to the full DS V6 portfolio to enable the company and its suppliers to collaborate on the creation of new product designs in real time.
Piaggio Aero Selects DS V6 for Global Product Development. Piaggio Aero Industries, one of the world’s most prestigious aircraft manufacturers, has selected DS V6 as its global product development platform including all required applications to support the company’s business needs and industry leadership strategy. Piaggio Aero Industries is implementing the ENOVIA V6 platform and DS PLM applications including ENOVIA and CATIA to enable the company and its core risk-sharing partners to collaborate on the creation of new product designs in real time.
ELDO Selects DS PLM Solutions for its Italian Fashion Label, FREESOUL. Eldo S.r.l, a Florence, Italy-based holding company, has selected Dassault Systèmes’ ENOVIA Apparel Accelerator for Design and Development to rapidly bring new clothing lines for its FREESOUL brand of denim products to the market. Launched in 1994, FREESOUL is one of Europe’s top denim fashion brands.
Wittur Group Standardizes on SolidWorks Enterprise PDM to Create Global Collaboration Network of Designers. The Wittur Group has selected SolidWorks Enterprise PDM for document and workflow management to unify and organize its global offices more transparently. Its goals are improved teamwork between designers, optimized development processes, and more secure and efficient data management through a consolidated database.
Sanjel Corp. Slashes Development Time with SolidWorks 3D CAD and Simulation Software. In developing the custom cementing unit, Sanjel is using SolidWorks’ simulation software to ensure it is rugged enough to withstand being loaded up onto the back of a winch truck, being lifted onto a cargo ship by crane, sustaining impacts from vehicles and machinery, and enduring conditions commonly encountered in the oilfield.
DS Launches V6R2010. On June 23rd, DS announced the launch of its Version 6, Release 2010. Dassault Systèmes’ V6 collaborative platform has been widely adopted in industries including:
* Apparel (Guess, Under Armour, Trent Ltd.);
* Consumer Packaged Goods (Procter & Gamble);
* Life Sciences (Beckman Coulter);
* High Tech (Lexmark International, novero GmbH);
* Semiconductors (Dialog Semiconductor, INSIDE Contactless);
* Energy (Oceaneering, Stork GLT);
* Aerospace (Piaggio Aero Industries, Eaton Aerospace);
* Automotive (EATON, Great Walls Motors, Johnson Controls);
* Business Services (TÜV Rheinland); and
* Construction (Skanska).
DS Reaffirms Its Position as the Leading Supplier of PLM Solutions to the Aerospace Industry. On June 15, 2009, DS made a series of customer announcements at Le Bourget International Air Show that reinforces the company’s position as the leading PLM provider for the Aerospace and Defense industry. Already recognized for working with the world’s Top 20 Aerospace Companies and the world’s major OEMs, Dassault Systèmes’ technology has become the standard for all new major aircraft programs.
DS SolidWorks Surpasses One Million Licenses. On April 30, 2009 DS SolidWorks announced that a cutting-edge athletic equipment company purchased the one millionth license of its 3D CAD software. In the 14 years between this landmark and DS SolidWorks’ first sale to a robotic arm designer, thousands of innovative products have been developed with SolidWorks software.
Business Outlook
Thibault de Tersant, Senior Executive Vice President and CFO, commented, “Our results for the second quarter confirm our realistic assessment of market conditions which we made at the time of our first quarter press release.
“With respect to operating profitability, our focus on cost containment is proceeding as planned, with over €55 million in cost savings realized during the first half of this year. We also continued with our broader goals of improving our operational efficiency across DS with shared services and co-location initiatives, all of which will bring additional benefits to DS as we move into 2010. Our progress quarter to quarter is evident in the sequential improvement in our non-IFRS operating margin. And, for the full year, we continue to target an operating margin of about 25% on a non-IFRS basis, unchanged from our previous goal.
“Looking ahead to the third quarter, we are assuming no change to business conditions and historical seasonal revenue patterns, leading to the assumption of a sequential decrease in revenue results in comparison to the second quarter. But with our ongoing cost actions, and based upon our revenue objective, we are targeting a stable to improving sequential performance from an earnings and operating margin perspectives for the third quarter.
“As we move into the second half of the year, we are narrowing our full year revenue objective range but otherwise holding the mid-point unchanged on a constant currency basis. Similarly we are narrowing our EPS objective range. Given the strengthening of the Euro we think it is appropriate to update our US dollar and Japanese yen exchange rates assumptions in comparison to the Euro, and therefore are adjusting our reported revenue range and earnings per share, accordingly.”
The Company’s objectives are prepared and communicated only on a non-IFRS basis and are subject to the cautionary statement set forth below. The Company’s current objectives are the following:
* Third quarter 2009 non-IFRS total revenue objective of about €285 to €300 million and non-IFRS EPS of about €0.36 to €0.42;
* 2009 non-IFRS revenue growth objective range of about (8%) to (6%) in constant currencies (€1,250 to €1,280 billion based upon the 2009 currency exchange rate assumptions below);
* 2009 non-IFRS operating margin of about 24% to 26%;
* 2009 non-IFRS EPS range of about €1.76 to €1.91;
* Objectives are based upon exchange rate assumptions for the 2009 third quarter of US$1.50 per €1.00 and JPY140 per €1.00 and a full year average of US$1.42 per €1.00 and JPY134 per €1.00.
The non-IFRS objectives set forth above do not take into account the following accounting elements and are estimated based upon the 2009 currency exchange rates above: (i) deferred revenue write-downs estimated at approximately €1.4 million for 2009; (ii) share-based compensation expense estimated at approximately €22 million for 2009, and (iii) amortization of acquired intangibles estimated at approximately €40 million for 2009. The above objectives do not include any impact from other operating income and expense, net principally comprised of restructuring expenses. These estimates also do not include any new stock option or share grants, or any new acquisitions or restructurings completed after July 30, 2009.
Summary Financial Highlights
* Second Quarter 2009 non-IFRS financial results at high end of DS objectives
* Cost-savings initiative on track with €55 million realized year-to-date
* Net operating cash flow of €177 million for First Half; Net cash position of €733 million
* Shareholders approved annual cash dividend of €0.46 per share, stable with prior year
* DS reconfirms 2009 constant currency financial objectives and updates for currency exchange rates
Bernard Charlès, Dassault Systèmes President and Chief Executive Officer, commented, “The second quarter unfolded as anticipated. Revenue, margin and earnings results came in at the high end of our objectives, thanks to continued strong interest in DS solutions across a diversified number of industries, and to our cost savings program which is being implemented without impacting our R&D and sales capacities.
“On balance, business conditions during the second quarter were similar to the first quarter with customers remaining cautious with respect to new business investments. We started to see some increase in activity among larger companies, for which design excellence, simulation and compliance were significant drivers. For smaller companies, in general, it was not the case as we observed some slight further weakening from the first three months of the year.
“We are dedicated to the success of our customers with our investments in R&D. In June, we introduced Version 6 Release 2010 for the PLM market. We are just at the start of the adoption ramp of our V6 platform and software solutions and are therefore pleased by the number of wins we are seeing with more than 130 companies to date, representing the apparel, aerospace, automotive, energy, life sciences and high tech industries, among others.
“This quarter, we obtained a milestone decision, with Renault Group selecting our V6 PLM solution, which will be deployed as their global collaborative innovation platform for all functions involved in engineering and product development, thus replacing legacy PDM and reducing Renault Group’s cost of operations.
“In the Mainstream market, SolidWorks 2010 is set to be released in the fall of 2009 as scheduled. This latest release is uniquely positioned to offer users the ability to easily evaluate design and material alternatives for sustainable product development.”
Key Business and Corporate Highlights
Renault Chooses DS Full V6 PLM to Improve the Company’s Productivity and Product Quality. Renault has selected Dassault Systèmes’ V6 PLM as its new global product development solution, in order to improve productivity, and product quality. Renault has already started to implement the ENOVIA V6 based collaborative platform and CATIA V6, and will rapidly move to the full DS V6 portfolio to enable the company and its suppliers to collaborate on the creation of new product designs in real time.
Piaggio Aero Selects DS V6 for Global Product Development. Piaggio Aero Industries, one of the world’s most prestigious aircraft manufacturers, has selected DS V6 as its global product development platform including all required applications to support the company’s business needs and industry leadership strategy. Piaggio Aero Industries is implementing the ENOVIA V6 platform and DS PLM applications including ENOVIA and CATIA to enable the company and its core risk-sharing partners to collaborate on the creation of new product designs in real time.
ELDO Selects DS PLM Solutions for its Italian Fashion Label, FREESOUL. Eldo S.r.l, a Florence, Italy-based holding company, has selected Dassault Systèmes’ ENOVIA Apparel Accelerator for Design and Development to rapidly bring new clothing lines for its FREESOUL brand of denim products to the market. Launched in 1994, FREESOUL is one of Europe’s top denim fashion brands.
Wittur Group Standardizes on SolidWorks Enterprise PDM to Create Global Collaboration Network of Designers. The Wittur Group has selected SolidWorks Enterprise PDM for document and workflow management to unify and organize its global offices more transparently. Its goals are improved teamwork between designers, optimized development processes, and more secure and efficient data management through a consolidated database.
Sanjel Corp. Slashes Development Time with SolidWorks 3D CAD and Simulation Software. In developing the custom cementing unit, Sanjel is using SolidWorks’ simulation software to ensure it is rugged enough to withstand being loaded up onto the back of a winch truck, being lifted onto a cargo ship by crane, sustaining impacts from vehicles and machinery, and enduring conditions commonly encountered in the oilfield.
DS Launches V6R2010. On June 23rd, DS announced the launch of its Version 6, Release 2010. Dassault Systèmes’ V6 collaborative platform has been widely adopted in industries including:
* Apparel (Guess, Under Armour, Trent Ltd.);
* Consumer Packaged Goods (Procter & Gamble);
* Life Sciences (Beckman Coulter);
* High Tech (Lexmark International, novero GmbH);
* Semiconductors (Dialog Semiconductor, INSIDE Contactless);
* Energy (Oceaneering, Stork GLT);
* Aerospace (Piaggio Aero Industries, Eaton Aerospace);
* Automotive (EATON, Great Walls Motors, Johnson Controls);
* Business Services (TÜV Rheinland); and
* Construction (Skanska).
DS Reaffirms Its Position as the Leading Supplier of PLM Solutions to the Aerospace Industry. On June 15, 2009, DS made a series of customer announcements at Le Bourget International Air Show that reinforces the company’s position as the leading PLM provider for the Aerospace and Defense industry. Already recognized for working with the world’s Top 20 Aerospace Companies and the world’s major OEMs, Dassault Systèmes’ technology has become the standard for all new major aircraft programs.
DS SolidWorks Surpasses One Million Licenses. On April 30, 2009 DS SolidWorks announced that a cutting-edge athletic equipment company purchased the one millionth license of its 3D CAD software. In the 14 years between this landmark and DS SolidWorks’ first sale to a robotic arm designer, thousands of innovative products have been developed with SolidWorks software.
Business Outlook
Thibault de Tersant, Senior Executive Vice President and CFO, commented, “Our results for the second quarter confirm our realistic assessment of market conditions which we made at the time of our first quarter press release.
“With respect to operating profitability, our focus on cost containment is proceeding as planned, with over €55 million in cost savings realized during the first half of this year. We also continued with our broader goals of improving our operational efficiency across DS with shared services and co-location initiatives, all of which will bring additional benefits to DS as we move into 2010. Our progress quarter to quarter is evident in the sequential improvement in our non-IFRS operating margin. And, for the full year, we continue to target an operating margin of about 25% on a non-IFRS basis, unchanged from our previous goal.
“Looking ahead to the third quarter, we are assuming no change to business conditions and historical seasonal revenue patterns, leading to the assumption of a sequential decrease in revenue results in comparison to the second quarter. But with our ongoing cost actions, and based upon our revenue objective, we are targeting a stable to improving sequential performance from an earnings and operating margin perspectives for the third quarter.
“As we move into the second half of the year, we are narrowing our full year revenue objective range but otherwise holding the mid-point unchanged on a constant currency basis. Similarly we are narrowing our EPS objective range. Given the strengthening of the Euro we think it is appropriate to update our US dollar and Japanese yen exchange rates assumptions in comparison to the Euro, and therefore are adjusting our reported revenue range and earnings per share, accordingly.”
The Company’s objectives are prepared and communicated only on a non-IFRS basis and are subject to the cautionary statement set forth below. The Company’s current objectives are the following:
* Third quarter 2009 non-IFRS total revenue objective of about €285 to €300 million and non-IFRS EPS of about €0.36 to €0.42;
* 2009 non-IFRS revenue growth objective range of about (8%) to (6%) in constant currencies (€1,250 to €1,280 billion based upon the 2009 currency exchange rate assumptions below);
* 2009 non-IFRS operating margin of about 24% to 26%;
* 2009 non-IFRS EPS range of about €1.76 to €1.91;
* Objectives are based upon exchange rate assumptions for the 2009 third quarter of US$1.50 per €1.00 and JPY140 per €1.00 and a full year average of US$1.42 per €1.00 and JPY134 per €1.00.
The non-IFRS objectives set forth above do not take into account the following accounting elements and are estimated based upon the 2009 currency exchange rates above: (i) deferred revenue write-downs estimated at approximately €1.4 million for 2009; (ii) share-based compensation expense estimated at approximately €22 million for 2009, and (iii) amortization of acquired intangibles estimated at approximately €40 million for 2009. The above objectives do not include any impact from other operating income and expense, net principally comprised of restructuring expenses. These estimates also do not include any new stock option or share grants, or any new acquisitions or restructurings completed after July 30, 2009.
Filed under:
Dassault
New PIPE-FLO® video available online
LACEY, Washington — Engineered Software, Inc., creator of the PIPE-FLO Professional design software has announced their first online video now available free on their website for anyone interested in learning how to use the software. The video gives an overview of the main features of the PIPE-FLO Professional program and walks viewers through the creation of a piping system in the PIPE-FLO program.
The online video is intended to make the Quickstart training material available to anyone on-demand, 24-hours a day. The video is also accessible to people who have streaming media blocks, because the video is an embedded Flash® video. Upon completion of the short video, (approximately 45 minutes), the viewer can take a quiz and qualify to earn a professional development credit towards maintaining their Professional Engineer status.
PIPE-FLO Professional is software used by designers and operators to create a model of fluid piping systems. The program allows users to visualize their systems in a familiar format, calculate system operations, easily communicate the design with others and access supporting documents in electronic format.
The video has sections and chapter navigation, allowing a viewer to pause and start or only view the portions they find particularly valuable such as drawing the system, selecting pumps, making hydraulic calculations, and optimizing the system.
"We have been considering providing online training videos for our software for quite some time now," said Ray Hardee, Chief Engineer at Engineered Software, Inc. "This is our first foray, but we intend on having more industry specific videos in the coming months. Videos that show how an HVAC system might be designed, or how a ships’ ballast system would be modeled, or even how you could simulate the operation of a chilled water system in a nuclear power plant. We really want people to see that PIPE-FLO is versatile and limitless in size."
"We know it can be difficult for our international customers to attend our live webinars," said Christy Bermensolo, Vice President of Engineering at Engineered Software, Inc. "We are truly excited to offer our introductory video on our website and include the PDH for those people who choose to watch the entire video. It is a good video for introducing the basic features of PIPE-FLO, I would recommend it to not only new customers but also the someone who doesn’t have the program but might want a quick tour of the program’s capabilities."
Quickstart Video Details
Video Title: PIPE-FLO Quickstart Tutorial
Cost: Free
Where: www.eng-software.com/video/quickstart/
Details: Worth 1 Professional Development Hour
Requirements: Latest Version of Adobe® Flash® Player
The online video is intended to make the Quickstart training material available to anyone on-demand, 24-hours a day. The video is also accessible to people who have streaming media blocks, because the video is an embedded Flash® video. Upon completion of the short video, (approximately 45 minutes), the viewer can take a quiz and qualify to earn a professional development credit towards maintaining their Professional Engineer status.
PIPE-FLO Professional is software used by designers and operators to create a model of fluid piping systems. The program allows users to visualize their systems in a familiar format, calculate system operations, easily communicate the design with others and access supporting documents in electronic format.
The video has sections and chapter navigation, allowing a viewer to pause and start or only view the portions they find particularly valuable such as drawing the system, selecting pumps, making hydraulic calculations, and optimizing the system.
"We have been considering providing online training videos for our software for quite some time now," said Ray Hardee, Chief Engineer at Engineered Software, Inc. "This is our first foray, but we intend on having more industry specific videos in the coming months. Videos that show how an HVAC system might be designed, or how a ships’ ballast system would be modeled, or even how you could simulate the operation of a chilled water system in a nuclear power plant. We really want people to see that PIPE-FLO is versatile and limitless in size."
"We know it can be difficult for our international customers to attend our live webinars," said Christy Bermensolo, Vice President of Engineering at Engineered Software, Inc. "We are truly excited to offer our introductory video on our website and include the PDH for those people who choose to watch the entire video. It is a good video for introducing the basic features of PIPE-FLO, I would recommend it to not only new customers but also the someone who doesn’t have the program but might want a quick tour of the program’s capabilities."
Quickstart Video Details
Video Title: PIPE-FLO Quickstart Tutorial
Cost: Free
Where: www.eng-software.com/video/quickstart/
Details: Worth 1 Professional Development Hour
Requirements: Latest Version of Adobe® Flash® Player
Filed under:
PIPE-FLO
Autodesk Inventor Helping Realize Artists' Vision for Public Spaces
Autodesk Names Australia-Based Urban Art Projects as Inventor of the Month for Innovative Use of Digital Prototyping.
SAN RAFAEL, Calif - Public art and creativity are blooming thanks to the contributions of Australia-based design consultancy Urban Art Projects (UAP).
Autodesk (NASDAQ: ADSK) today named UAP Inventor of the Month for July 2009 for the firm's innovative use of Autodesk Inventor software in delivering large-scale, high-quality art and design works in a wide range of architectural and landscape projects around the globe. A sampling of its works include a police memorial in Canberra, Australia; an art landscaping project for King Abdullah University of Science and Technology in Saudi Arabia; and the major entry statements for the Shanghai World Expo 2010.
The Inventor of the Month program recognizes the most innovative design and engineering advancements made by the extensive community using Autodesk Inventor software, which takes manufacturers beyond 3D to Digital Prototyping. With Inventor, manufacturers can create a single digital model that gives them the ability to design, visualize and simulate products before they are built to reduce the necessity of constructing physical prototypes.
As both a design studio and a workshop, UAP takes ideas for public art from concept, through documentation, fabrication and all the way to installation on behalf of its clients. Inventor software provides a way for UAP to adhere as closely as possible to the artist's vision for the project by integrating all design data into a single digital model, increasing communication and streamlining the design process. The company worked with Autodesk Premier Solutions Provider ADA CADPartners to get the most benefit out of Inventor for its demanding projects.
"Public art installations are getting increasingly complex, and Inventor helps us push the boundaries of what's possible," said Stefan Purcell, a designer at UAP. "More than just seeing a 3D representation of the artist's vision, we can develop a complete digital prototype of the art installation, allowing us to drastically reduce the time required to take a project from start to completion, and to focus more time on the creative and artistic aspects of the project."
This newfound speed as a result of using Inventor software for Digital Prototyping has allowed UAP to take on more--and increasingly larger--projects, as evidenced by the company's growing roster of international clients.
"UAP is creating art that humanizes our public spaces--and they're doing it more effectively with Inventor," said Robert "Buzz" Kross, senior vice president, Manufacturing Industry Group at Autodesk. "This is taking the benefits of Digital Prototyping--increased speed and innovation--beyond the traditional manufacturing realm into new and innovative spaces previously unimagined."
SAN RAFAEL, Calif - Public art and creativity are blooming thanks to the contributions of Australia-based design consultancy Urban Art Projects (UAP).
Autodesk (NASDAQ: ADSK) today named UAP Inventor of the Month for July 2009 for the firm's innovative use of Autodesk Inventor software in delivering large-scale, high-quality art and design works in a wide range of architectural and landscape projects around the globe. A sampling of its works include a police memorial in Canberra, Australia; an art landscaping project for King Abdullah University of Science and Technology in Saudi Arabia; and the major entry statements for the Shanghai World Expo 2010.
The Inventor of the Month program recognizes the most innovative design and engineering advancements made by the extensive community using Autodesk Inventor software, which takes manufacturers beyond 3D to Digital Prototyping. With Inventor, manufacturers can create a single digital model that gives them the ability to design, visualize and simulate products before they are built to reduce the necessity of constructing physical prototypes.
As both a design studio and a workshop, UAP takes ideas for public art from concept, through documentation, fabrication and all the way to installation on behalf of its clients. Inventor software provides a way for UAP to adhere as closely as possible to the artist's vision for the project by integrating all design data into a single digital model, increasing communication and streamlining the design process. The company worked with Autodesk Premier Solutions Provider ADA CADPartners to get the most benefit out of Inventor for its demanding projects.
"Public art installations are getting increasingly complex, and Inventor helps us push the boundaries of what's possible," said Stefan Purcell, a designer at UAP. "More than just seeing a 3D representation of the artist's vision, we can develop a complete digital prototype of the art installation, allowing us to drastically reduce the time required to take a project from start to completion, and to focus more time on the creative and artistic aspects of the project."
This newfound speed as a result of using Inventor software for Digital Prototyping has allowed UAP to take on more--and increasingly larger--projects, as evidenced by the company's growing roster of international clients.
"UAP is creating art that humanizes our public spaces--and they're doing it more effectively with Inventor," said Robert "Buzz" Kross, senior vice president, Manufacturing Industry Group at Autodesk. "This is taking the benefits of Digital Prototyping--increased speed and innovation--beyond the traditional manufacturing realm into new and innovative spaces previously unimagined."
Filed under:
Autodesk,
Autodesk Inventor
Planit releases Jobshop 2009 R3
Planit’s latest release of Jobshop, 2009 R3, adds a number of new features in addition to further developing existing functionality and improving usability throughout the system. Data analysis and reporting is one of the primary objectives of a manufacturing software solution. Jobshop provides an extensive suite of standard reports, which can be extended and enhanced with the use of Crystal Reports. In this latest version powerful document customisation allows key system documents to be defined for printing, emailing or PDF creation, either via the standard internal print format or a fully customisable document based on a Crystal Report template.
Planit’s Jobshop is a flexible, scalable and intelligent production planning and control system offering advanced functionality in the key areas of manufacturing and assembly. The software allows businesses to successfully compete in demanding market conditions, through direct productivity improvements and lower IT infrastructure costs.
The Crystal option adds exciting possibilities to the external documents feature, allowing users to define the Jobshop data they require on the form and format the document layout in any style. By judicious application of user definable or analysis fields within the Jobshop database it is even possible to customise documents to vary for different customers, suppliers or even applications.
Shop documents and GRN(goods received notes)/stock labels can also be produced and customised using the same procedures. Example layouts of documents are included with the software for users to expand and develop and novice Crystal users can work with their consultant to create the ideal document set.
Jobshop’s powerful costing functionality provides users with a wide variety of options based on standard, current or actual costs. All purchasing, manufacturing and associated costs are determined within a single database engine; ensuring reports are based on consistent and accurate data. Another new development in Jobshop 2009 R3 is aimed at helping estimators assess process times more efficiently and with greater consistency and accuracy, by building the planned labour times from a toolkit of synthetics.
Standard processes can be defined as a series of formula based steps using a new graphical formula builder. Constants and variables can be incorporated and linked to specific materials and work centres. When applied to an estimate the user is prompted to enter the pertinent data as required by the formula and the resultant operation time is calculated.
Jobshop incorporates complete ‘cradle to grave’ parts issue control. For sites using the existing sized stock part functionality in Jobshop, new length or area based materials can now be defined directly within the estimate just like any other material. If the job is won then Sales Confirmation will allow creation of these parts as standard. Sized stock has been further extended to cover coil material. New conversion factors allow purchasing in sensible units and off-cut returns are calculated automatically.
Of key interest to aerospace and motorsport companies producing carbon fibre composite parts, the shelf life functionality in this latest release has been extended to recognise temperature sensitive parts. The shelf life of such components or materials automatically reduces in line with their exposure to ambient temperature. The exact degree of degradation can be specified as a factor against each part.
Planit’s Jobshop is a flexible, scalable and intelligent production planning and control system offering advanced functionality in the key areas of manufacturing and assembly. The software allows businesses to successfully compete in demanding market conditions, through direct productivity improvements and lower IT infrastructure costs.
The Crystal option adds exciting possibilities to the external documents feature, allowing users to define the Jobshop data they require on the form and format the document layout in any style. By judicious application of user definable or analysis fields within the Jobshop database it is even possible to customise documents to vary for different customers, suppliers or even applications.
Shop documents and GRN(goods received notes)/stock labels can also be produced and customised using the same procedures. Example layouts of documents are included with the software for users to expand and develop and novice Crystal users can work with their consultant to create the ideal document set.
Jobshop’s powerful costing functionality provides users with a wide variety of options based on standard, current or actual costs. All purchasing, manufacturing and associated costs are determined within a single database engine; ensuring reports are based on consistent and accurate data. Another new development in Jobshop 2009 R3 is aimed at helping estimators assess process times more efficiently and with greater consistency and accuracy, by building the planned labour times from a toolkit of synthetics.
Standard processes can be defined as a series of formula based steps using a new graphical formula builder. Constants and variables can be incorporated and linked to specific materials and work centres. When applied to an estimate the user is prompted to enter the pertinent data as required by the formula and the resultant operation time is calculated.
Jobshop incorporates complete ‘cradle to grave’ parts issue control. For sites using the existing sized stock part functionality in Jobshop, new length or area based materials can now be defined directly within the estimate just like any other material. If the job is won then Sales Confirmation will allow creation of these parts as standard. Sized stock has been further extended to cover coil material. New conversion factors allow purchasing in sensible units and off-cut returns are calculated automatically.
Of key interest to aerospace and motorsport companies producing carbon fibre composite parts, the shelf life functionality in this latest release has been extended to recognise temperature sensitive parts. The shelf life of such components or materials automatically reduces in line with their exposure to ambient temperature. The exact degree of degradation can be specified as a factor against each part.
Filed under:
PLANIT
euroscript to resell PTC® PLM solutions
Bertrange – euroscript International announced today that it has joined the PTC (Nasdaq: PMTC) Advantage Network Program as Enterprise Solution Provider – Gold. The partnership is especially significant for manufacturers who already benefit from euroscript’s solutions and services in the field of technical authoring, documentation, translation and publishing in order to run their global business processes and who would like to further improve efficiencies around product development by adding complementary PLM solutions.
"In a highly competitive, global market environment hit by recession, manufacturers have to innovate, diversify, reduce time-to-market and improve their partner and customer relationships, while facing cost pressures and stricter (government) regulations. Rapid access to technical publications in the relevant language for them is key in improving the customer experience," mentioned Mark Evenepoel, CEO of euroscript International. "We support our customers in achieving their goals. Our PLM and S1000D solutions as well as services in technical authoring and 2D/3D technical illustration build upon best-in class technology from PTC. We also offer flexible infrastructure models such as SaaS for the provision of product information and technical documentation on demand. Our customers thereby not only benefit from reduced licensing, hardware and maintenance costs, but can also rest assured that the latest technology will be applied as and when they require it. Combined with our proven language services, customers are well prepared for attaining both their market and product-launch targets and improved customer support along the entire product lifecycle."
With the addition of PTC product development solutions, customers will be able to realize shortened project cycles, significant cost savings, improved product quality, increased customer satisfaction and enhanced market positioning. euroscript’s strong international presence and deep knowledge of various industry processes are complimented by the ability to now provide customers with a comprehensive PLM solution that enhances the value of their enterprise manufacturing solutions.
"PTC recently announced its plans to broaden its reseller network to expand its reach into manufacturing companies of all sizes around the globe," said Paul J. Cunningham, executive vice president, Worldwide Sales, PTC. "We believe that customers who choose to rely on euroscript’s services and solutions in conjunction with PTC's product development solutions will benefit from increases in overall product development efficiencies and as a result improve time-to-market, control costs and drive competitive differentiation."
With a marketing presence in over 14 countries, spanning 4 continents, euroscript delivers global solutions to support its customers’ business processes dealing with content. As a PTC Advantage Network Program reseller, euroscript will now be able to introduce the PTC Product Development System (PDS) to customers in the aerospace, defence and transport, automotive and manufacturing industries. The integral PTC PDS is comprised of market-leading Pro/ENGINEER®, Windchill®, Arbortext®, Mathcad®, and ProductView™ products, which have been designed to work together to help companies optimize their product development processes.
"In a highly competitive, global market environment hit by recession, manufacturers have to innovate, diversify, reduce time-to-market and improve their partner and customer relationships, while facing cost pressures and stricter (government) regulations. Rapid access to technical publications in the relevant language for them is key in improving the customer experience," mentioned Mark Evenepoel, CEO of euroscript International. "We support our customers in achieving their goals. Our PLM and S1000D solutions as well as services in technical authoring and 2D/3D technical illustration build upon best-in class technology from PTC. We also offer flexible infrastructure models such as SaaS for the provision of product information and technical documentation on demand. Our customers thereby not only benefit from reduced licensing, hardware and maintenance costs, but can also rest assured that the latest technology will be applied as and when they require it. Combined with our proven language services, customers are well prepared for attaining both their market and product-launch targets and improved customer support along the entire product lifecycle."
With the addition of PTC product development solutions, customers will be able to realize shortened project cycles, significant cost savings, improved product quality, increased customer satisfaction and enhanced market positioning. euroscript’s strong international presence and deep knowledge of various industry processes are complimented by the ability to now provide customers with a comprehensive PLM solution that enhances the value of their enterprise manufacturing solutions.
"PTC recently announced its plans to broaden its reseller network to expand its reach into manufacturing companies of all sizes around the globe," said Paul J. Cunningham, executive vice president, Worldwide Sales, PTC. "We believe that customers who choose to rely on euroscript’s services and solutions in conjunction with PTC's product development solutions will benefit from increases in overall product development efficiencies and as a result improve time-to-market, control costs and drive competitive differentiation."
With a marketing presence in over 14 countries, spanning 4 continents, euroscript delivers global solutions to support its customers’ business processes dealing with content. As a PTC Advantage Network Program reseller, euroscript will now be able to introduce the PTC Product Development System (PDS) to customers in the aerospace, defence and transport, automotive and manufacturing industries. The integral PTC PDS is comprised of market-leading Pro/ENGINEER®, Windchill®, Arbortext®, Mathcad®, and ProductView™ products, which have been designed to work together to help companies optimize their product development processes.
CAD4All Premieres ZWCAD Training Centers in South Africa
Cape Town - CAD4ALL Software, official exclusive licensed distributor for ZWCAD software for the African continent (excluding Egypt), this month launched ZWCAD Training Centers in conjunction with its CAD4All Training Academies in South Africa.
The new training centers were established in all three major economic hubs within South Africa: Cape Town, Johannesburg, and Durban.
The new ZWCAD Training Centers are fully accredited by the South African Institute of Draughting and by ZWCAD Software Co., Ltd. Each training center is equipped with desktop computers and flat screen monitors, recreating the environment of working within an actual drafting office.
The training centers have been designed to deliver intensive personalized training, which ensures that students who attend are equipped to operate ZWCAD software packages effectively. Because the ethos focuses on producing quality graduates, only small numbers of students are accommodated.
The courses initially on offer include a one-day introductory course and a four-day fundamental course. In addition, the ZWCAD training centers offer a unique six-month drafting correspondence course accredited by the South African Institute of Draughting -- a first for South Africa. The six-month course includes a desktop PC. Additional courses are under development.
On completion of each course, graduates receive an international certificate of attendance. The certificate is accredited by ZWCAD Software Co., Ltd. and certified by the South African Institute of Draughting.
The new training centers were established in all three major economic hubs within South Africa: Cape Town, Johannesburg, and Durban.
The new ZWCAD Training Centers are fully accredited by the South African Institute of Draughting and by ZWCAD Software Co., Ltd. Each training center is equipped with desktop computers and flat screen monitors, recreating the environment of working within an actual drafting office.
The training centers have been designed to deliver intensive personalized training, which ensures that students who attend are equipped to operate ZWCAD software packages effectively. Because the ethos focuses on producing quality graduates, only small numbers of students are accommodated.
The courses initially on offer include a one-day introductory course and a four-day fundamental course. In addition, the ZWCAD training centers offer a unique six-month drafting correspondence course accredited by the South African Institute of Draughting -- a first for South Africa. The six-month course includes a desktop PC. Additional courses are under development.
On completion of each course, graduates receive an international certificate of attendance. The certificate is accredited by ZWCAD Software Co., Ltd. and certified by the South African Institute of Draughting.
Filed under:
ZWCAD
CADWorx Plant Design Suite, CAESAR II, PV Elite and TANK Design and Analysis Software Products to Be Featured at COADE Discovery Tour
August 12 in Vancouver, British Columbia, Canada.
HOUSTON - COADE announced today that a COADE Discovery Tour event is scheduled for August 12, 2009, in Vancouver, British Columbia, Canada, organized in conjunction with CodeCAD, COADE Global Network Partner in the region.
This educational session will feature the company’s popular CADWorx Plant Design Suite; CAESAR II, the world’s most widely used program for pipe stress analysis; PV Elite for the design and analysis of pressure vessels and heat exchangers; PV Fabricator, COADE’s new program that creates vessel fabrication drawings directly from analysis data; and TANK for the design and analysis of oil storage tanks.
During these events, plant designers and engineers see these plant design and engineering analysis tools in person and learn how they will help them improve productivity, eliminate errors and waste, and produce quality deliverables in substantially less time.
COADE Discovery Tour events during 2008 attracted record attendance, and events this year are attracting similar crowds. Other COADE Discovery Tour events are scheduled for August 12 in Quito, Ecuador; August 13 in Guayaquil, Ecuador; August 14 in Edmonton, Alberta, Canada; August 25 in Seattle, Washington; August 26 in San Francisco, California; August 27 in Los Angeles, California; and October 13 in Caracas, Venezuela.
HOUSTON - COADE announced today that a COADE Discovery Tour event is scheduled for August 12, 2009, in Vancouver, British Columbia, Canada, organized in conjunction with CodeCAD, COADE Global Network Partner in the region.
This educational session will feature the company’s popular CADWorx Plant Design Suite; CAESAR II, the world’s most widely used program for pipe stress analysis; PV Elite for the design and analysis of pressure vessels and heat exchangers; PV Fabricator, COADE’s new program that creates vessel fabrication drawings directly from analysis data; and TANK for the design and analysis of oil storage tanks.
During these events, plant designers and engineers see these plant design and engineering analysis tools in person and learn how they will help them improve productivity, eliminate errors and waste, and produce quality deliverables in substantially less time.
COADE Discovery Tour events during 2008 attracted record attendance, and events this year are attracting similar crowds. Other COADE Discovery Tour events are scheduled for August 12 in Quito, Ecuador; August 13 in Guayaquil, Ecuador; August 14 in Edmonton, Alberta, Canada; August 25 in Seattle, Washington; August 26 in San Francisco, California; August 27 in Los Angeles, California; and October 13 in Caracas, Venezuela.
Filed under:
COADE
Kickstand Breathes New Life into 3D Character Animation - Ships StretchMesh 1.5 for Autodesk Maya Software
BROOKLYN, N.Y - Kickstand LLC, an innovator of advanced character animation and custom pipeline technology, today announced the worldwide availability of StretchMesh 1.5 software for Autodesk® Maya® software. For a limited time, StretchMesh 1.5 is being offered at the introductory per-seat price of $199.
A powerful surface deformation plug-in designed to seamlessly integrate with Maya 3D modeling and animation software, StretchMesh introduces new techniques into the character pipeline and gives polygonal geometry a “stretchy” quality for better control over the movement and skin elasticity of 3D modeled characters.
Implemented as a standard deformer in Maya software, StretchMesh 1.5 features advanced relational vertex and shape preservation technology, offering animators and technical directors working in feature film, broadcast and game development the ability to create smooth character deformations using Maya software.
StretchMesh 1.5 takes advantage of multi-threading in Maya 2009 software, and incorporates several new features for advanced character animation, including:
* Greater flexibility and performance when animating collisions with primitive sphere and primitive curve colliders.
* The ability to paint an influence on a collision object for per-vertex control over collision behaviors.
* Curve attractors provide the ability to pull vertices toward the closest point on a curve.
* A "Scale Safe” mode which allows users to scale a mesh while safely preserving its initial shape.
StretchMesh 1.5 is priced at $249 (USD) per seat, but is being offered at an introductory per-seat price of $199 (USD) through September 30, 2009. Educational pricing and site licensing is also available; please contact Kickstand for more details. StretchMesh supports Autodesk Maya version 8.5 or higher on Windows, Linux, and Mac operating systems.
A powerful surface deformation plug-in designed to seamlessly integrate with Maya 3D modeling and animation software, StretchMesh introduces new techniques into the character pipeline and gives polygonal geometry a “stretchy” quality for better control over the movement and skin elasticity of 3D modeled characters.
Implemented as a standard deformer in Maya software, StretchMesh 1.5 features advanced relational vertex and shape preservation technology, offering animators and technical directors working in feature film, broadcast and game development the ability to create smooth character deformations using Maya software.
StretchMesh 1.5 takes advantage of multi-threading in Maya 2009 software, and incorporates several new features for advanced character animation, including:
* Greater flexibility and performance when animating collisions with primitive sphere and primitive curve colliders.
* The ability to paint an influence on a collision object for per-vertex control over collision behaviors.
* Curve attractors provide the ability to pull vertices toward the closest point on a curve.
* A "Scale Safe” mode which allows users to scale a mesh while safely preserving its initial shape.
StretchMesh 1.5 is priced at $249 (USD) per seat, but is being offered at an introductory per-seat price of $199 (USD) through September 30, 2009. Educational pricing and site licensing is also available; please contact Kickstand for more details. StretchMesh supports Autodesk Maya version 8.5 or higher on Windows, Linux, and Mac operating systems.
Filed under:
Autodesk
Jul 29, 2009
Sajan Joins PTC(R) PartnerAdvantage(TM) Program
Connects GCMS Translation Management System to PTC Windchill(R) and Arbortext(R).
RIVER FALLS, Wis - Sajan (translation technology) announced today that it has joined PTC's PartnerAdvantage Program. Inclusion in the partner program, which provides access to a comprehensive suite of capabilities, followed an extensive review of Sajan's Translation Management System, GCMS. The connection of GCMS with Arbortext and Windchill extends PTC workflow and streamlines the localization process, providing clients with a single point of contact for all globalization needs.
Interest in joining the PartnerAdvantage Program arose from Sajan's global customer base needing to simplify their localization processes, including integration with content management systems and authoring components into their translation management system, GCMS. "We are pleased that PTC recognizes the importance of centralized enterprise translation software and the significance to its customers, and we are delighted to have been included in the PartnerAdvantage Program," stated Peter Shutte, VP Worldwide Sales, Sajan. "Extending the PTC workflow with this enterprise-class translation solution enables a real-time highly valuable differentiator from authoring through translation, enabling PTC clients to significantly drive down translation costs."
Andy Barlow, PTC's Senior Director of Business Development, stated, "With the addition of Sajan to the PTC PartnerAdvantage Program, Arbortext and Windchill users have a powerful solution for localization." He continued, "The partner program is comprised of software providers selected for their expertise. Through our review process, Sajan demonstrated its expertise in localization technology. The company is a great addition to the program."
Sajan's language translation technology provides not only a Translation Management System, GCMS, to serve as the operating platform, but also provides users with flexible delivery models and a transparency to all aspects of the Localization process while delivering previously unrealized business results. Sajan's patent- pending data management and on-demand collaboration and workflow platform create a unique blend of technology and service, resulting in an advanced and measurable solution.
RIVER FALLS, Wis - Sajan (translation technology) announced today that it has joined PTC's PartnerAdvantage Program. Inclusion in the partner program, which provides access to a comprehensive suite of capabilities, followed an extensive review of Sajan's Translation Management System, GCMS. The connection of GCMS with Arbortext and Windchill extends PTC workflow and streamlines the localization process, providing clients with a single point of contact for all globalization needs.
Interest in joining the PartnerAdvantage Program arose from Sajan's global customer base needing to simplify their localization processes, including integration with content management systems and authoring components into their translation management system, GCMS. "We are pleased that PTC recognizes the importance of centralized enterprise translation software and the significance to its customers, and we are delighted to have been included in the PartnerAdvantage Program," stated Peter Shutte, VP Worldwide Sales, Sajan. "Extending the PTC workflow with this enterprise-class translation solution enables a real-time highly valuable differentiator from authoring through translation, enabling PTC clients to significantly drive down translation costs."
Andy Barlow, PTC's Senior Director of Business Development, stated, "With the addition of Sajan to the PTC PartnerAdvantage Program, Arbortext and Windchill users have a powerful solution for localization." He continued, "The partner program is comprised of software providers selected for their expertise. Through our review process, Sajan demonstrated its expertise in localization technology. The company is a great addition to the program."
Sajan's language translation technology provides not only a Translation Management System, GCMS, to serve as the operating platform, but also provides users with flexible delivery models and a transparency to all aspects of the Localization process while delivering previously unrealized business results. Sajan's patent- pending data management and on-demand collaboration and workflow platform create a unique blend of technology and service, resulting in an advanced and measurable solution.
Filed under:
PTC
MCE-5 DEVELOPMENT opts for LMS simulation technology to develop its ground-breaking variable compression ratio (VCR) engine
Leuven, Belgium – LMS announced today that MCE-5 DEVELOPMENT has chosen LMS simulation technology to design its MCE-5 engine block prototype. MCE-5 DEVELOPMENT is a worldwide leader in variable compression ratio (VCR) technology, which reduces fuel consumption of gasoline engines while conforming to stringent emission standards and automotive market demands. The LMS Imagine.Lab AMESim solution helps MCE-5 DEVELOPMENT to create a detailed engine simulation model to better understand and optimize the hydraulic actuation system design, which controls the compression ratio.
The MCE-5 VCR engine block is intended to replace conventional engine blocks. The LMS Imagine.Lab simulation solution provides MCE-5 DEVELOPMENT with the necessary tools to rapidly model and analyze how design changes influence reliability, durability, and production costs. The ultimate goal is to reduce the number of physical prototypes.
“Indeed, what is crucial for us is to identify and study a VCR mechanism that conforms to VCR engines’ mass production requirements. LMS Imagine.Lab AMESim helps us clarify our project in terms of tangible costs and time saving,” stated Mr. Vianney RABHI, Director of Strategy and Development at MCE-5 DEVELOPMENT.
MCE-5 DEVELOPMENT engineers particularly appreciate LMS Imagine.Lab AMESim because the one-dimensional simulation software is an easy-to-use tool that helps them optimize the model during the early design stages and assess a variety of subsystems in multiple physical domains. The flawless communication between component libraries and accurate modeling of physical phenomena makes it possible to design the MCE-5 VCR engine block and its related subsystems on a single platform.
“The LMS Imagine.Lab Internal Combustion Engine Related Hydraulics solution proved to be the best technical choice for MCE-5 because LMS has extensive experience in fluids as is obvious from its robust component libraries. The solution assists both expert and non-expert users in modeling fluids systems from the functional to the detailed model level,” commented Mr. Yves MIEHE, thermo-dynamic simulation engineer at MCE-5 DEVELOPMENT.
The MCE-5 VCR engine block is intended to replace conventional engine blocks. The LMS Imagine.Lab simulation solution provides MCE-5 DEVELOPMENT with the necessary tools to rapidly model and analyze how design changes influence reliability, durability, and production costs. The ultimate goal is to reduce the number of physical prototypes.
“Indeed, what is crucial for us is to identify and study a VCR mechanism that conforms to VCR engines’ mass production requirements. LMS Imagine.Lab AMESim helps us clarify our project in terms of tangible costs and time saving,” stated Mr. Vianney RABHI, Director of Strategy and Development at MCE-5 DEVELOPMENT.
MCE-5 DEVELOPMENT engineers particularly appreciate LMS Imagine.Lab AMESim because the one-dimensional simulation software is an easy-to-use tool that helps them optimize the model during the early design stages and assess a variety of subsystems in multiple physical domains. The flawless communication between component libraries and accurate modeling of physical phenomena makes it possible to design the MCE-5 VCR engine block and its related subsystems on a single platform.
“The LMS Imagine.Lab Internal Combustion Engine Related Hydraulics solution proved to be the best technical choice for MCE-5 because LMS has extensive experience in fluids as is obvious from its robust component libraries. The solution assists both expert and non-expert users in modeling fluids systems from the functional to the detailed model level,” commented Mr. Yves MIEHE, thermo-dynamic simulation engineer at MCE-5 DEVELOPMENT.
Intergraph® Offers Smart Career Program for Transitioning Design Professionals
Complimentary Smart 3D training fosters enhanced skills with industry’s leading process, power and marine design solution.
HUNTSVILLE, Ala – Intergraph® is offering complimentary Smart 3D design software training for transitioning design professionals. As part of the Smart Career Program, this training is being offered to assist unemployed professionals increase and upgrade their knowledge and skills so that they will be more valuable to engineering, procurement and construction (EPC) and owner operator employers as they look to increase workforce productivity and quality.
SmartPlant® 3D is Intergraph’s next-generation 3D design system. It provides clients with the most productive, highest quality, multi-discipline 3D modeling environment in the world for global multi-office execution of process and power projects. SmartMarine® 3D provides all the capabilities needed to design and build offshore devices or ships from design to fabrication to operations and maintenance – all in a single, integrated environment. Individuals having experience with and being trained on SmartPlant 3D and SmartMarine 3D will have increased opportunities for deployment on upcoming projects.
The Smart 3D training classes began in July at Intergraph’s Houston office, and the response so far has been overwhelming. After an initial email campaign, the first class filled online in 90 minutes. All four of the original sessions were booked within four hours, and a waiting list with more than 50 people had to be created only five hours after registration began. Due to the positive response, Intergraph has doubled the number of classes offered. For information regarding session dates, times and availability, please visit www.intergraph.com/promo/smartcareer.
NIIT, a leading global talent development corporation that builds skilled manpower pools for global industry requirements, is partnering with Intergraph on the training program. NIIT is among the world’s leading talent development companies offering learning solutions to individuals, enterprises, and institutions across 40 countries. Additionally, the Society for Piping Engineering and Design (SPED) is also sponsoring the training and is offering assistance to its members.
Mike Austin, a 30-year plant design veteran who attended the first training session, said, “Intergraph’s Smart Career Program is a great opportunity for professionals like me who are in transition. This training has expanded my skill set and will make me more marketable to potential employers. It has also exposed me to SmartPlant 3D, which more and more engineering companies are adopting. I would like to thank Intergraph and its partners for making this available to me at no cost. It shows how much they care about the future of our industry.”
“During the tough economic conditions, there have been many people adversely affected in one way or another, and we are pleased to be able to offer this complimentary Smart 3D training as an extension of our policy to never let a customer down,” said Gerhard Sallinger, Intergraph Process, Power and Marine president. “The benefits of this software training help make those who are adept with our 3D solutions more marketable and in higher demand and in turn deliver value for EPCs and O/Os needing these skill sets.”
The ARC Advisory Group, a leading industry analyst firm, ranked Intergraph the No. 1 overall engineering design 3D software and process engineering tools (PET) provider worldwide according to its PET Worldwide Outlook Market Analysis and Forecast through 2013.
Eligible candidates for the training program must be unemployed, and should be familiar with traditional plant design and have experience using software such as PDS®, PDMS, AutoCad, MicroStation, PlantSpace, AutoPlant, Rebis, Plant 4D, and COADE.
HUNTSVILLE, Ala – Intergraph® is offering complimentary Smart 3D design software training for transitioning design professionals. As part of the Smart Career Program, this training is being offered to assist unemployed professionals increase and upgrade their knowledge and skills so that they will be more valuable to engineering, procurement and construction (EPC) and owner operator employers as they look to increase workforce productivity and quality.
SmartPlant® 3D is Intergraph’s next-generation 3D design system. It provides clients with the most productive, highest quality, multi-discipline 3D modeling environment in the world for global multi-office execution of process and power projects. SmartMarine® 3D provides all the capabilities needed to design and build offshore devices or ships from design to fabrication to operations and maintenance – all in a single, integrated environment. Individuals having experience with and being trained on SmartPlant 3D and SmartMarine 3D will have increased opportunities for deployment on upcoming projects.
The Smart 3D training classes began in July at Intergraph’s Houston office, and the response so far has been overwhelming. After an initial email campaign, the first class filled online in 90 minutes. All four of the original sessions were booked within four hours, and a waiting list with more than 50 people had to be created only five hours after registration began. Due to the positive response, Intergraph has doubled the number of classes offered. For information regarding session dates, times and availability, please visit www.intergraph.com/promo/smartcareer.
NIIT, a leading global talent development corporation that builds skilled manpower pools for global industry requirements, is partnering with Intergraph on the training program. NIIT is among the world’s leading talent development companies offering learning solutions to individuals, enterprises, and institutions across 40 countries. Additionally, the Society for Piping Engineering and Design (SPED) is also sponsoring the training and is offering assistance to its members.
Mike Austin, a 30-year plant design veteran who attended the first training session, said, “Intergraph’s Smart Career Program is a great opportunity for professionals like me who are in transition. This training has expanded my skill set and will make me more marketable to potential employers. It has also exposed me to SmartPlant 3D, which more and more engineering companies are adopting. I would like to thank Intergraph and its partners for making this available to me at no cost. It shows how much they care about the future of our industry.”
“During the tough economic conditions, there have been many people adversely affected in one way or another, and we are pleased to be able to offer this complimentary Smart 3D training as an extension of our policy to never let a customer down,” said Gerhard Sallinger, Intergraph Process, Power and Marine president. “The benefits of this software training help make those who are adept with our 3D solutions more marketable and in higher demand and in turn deliver value for EPCs and O/Os needing these skill sets.”
The ARC Advisory Group, a leading industry analyst firm, ranked Intergraph the No. 1 overall engineering design 3D software and process engineering tools (PET) provider worldwide according to its PET Worldwide Outlook Market Analysis and Forecast through 2013.
Eligible candidates for the training program must be unemployed, and should be familiar with traditional plant design and have experience using software such as PDS®, PDMS, AutoCad, MicroStation, PlantSpace, AutoPlant, Rebis, Plant 4D, and COADE.
Filed under:
Intergraph
Thread-safe Capability Now Standard with ACIS® 3D Modeler
Spatial Takes the Lead in Promoting Development of Multi-Threaded Applications.
BROOMFIELD, Colo - Spatial Corp., a leading provider of 3D development components for design, manufacturing and engineering applications, today announced that thread-safe capabilities are now included standard with ACIS 3D Modeler. Greater end-user demand for higher application performance and the growing ubiquity of multi-core hardware platforms is driving the development of multi-threaded applications. Spatial is taking the lead in support of these development efforts by providing thread-safe as a core ACIS capability.
McMaster University has implemented ACIS thread-safe capabilities in both a machining tool path optimizer and a rapid prototyping wall thickness verification program. “Using parallelism, we have achieved exciting speed improvements in our manufacturing software applications,” said Allan Spence, Associate Professor of Mechanical Engineering at McMaster University. “Working with the Spatial team and tools, we were quickly able to implement multi-threaded capabilities, realizing near 3x speed-up on a quad core computer. For over 15 years, our use of Spatial products have provided us with an excellent and progressive platform solution for our manufacturing technology research and development.”
In addition to providing partners the foundation for developing high-performing multi-threaded applications, thread-safe capability enables Spatial to deliver thread-hot ACIS functions. For example, in ACIS R20 Spatial introduced multi-threaded entity-point-distance (MTEPD) functionality. Improving the performance of this function is especially important in metrology applications where point-to-point distance calculations between the design model and manufactured parts can number in the millions. MTEPD tests have shown calculation times can be improved by up to 70% depending on the size of the model and the number of points being evaluated.
“One major reason our development partners choose ACIS as their 3D geometry kernel is because Spatial continues to advance the platform. Developers make use of these technology advancements to extend their application’s competitive advantage,” stated Ray Bagley, Spatial Director of Product Planning and Management. “The value of ACIS continues to increase as we expand its capabilities to address present and future software needs across a growing set of industry applications and platforms.”
ACIS thread-safe capabilities were first introduced by Spatial last year. For compute-intensive operations, the result is near linear performance scaling on multi-core systems. Computer-aided design, engineering analysis, manufacturing and metrology applications realize significant performance gains when faceting, sectioning, and performing most ACIS modeling operations which work on multiple independent parts.
BROOMFIELD, Colo - Spatial Corp., a leading provider of 3D development components for design, manufacturing and engineering applications, today announced that thread-safe capabilities are now included standard with ACIS 3D Modeler. Greater end-user demand for higher application performance and the growing ubiquity of multi-core hardware platforms is driving the development of multi-threaded applications. Spatial is taking the lead in support of these development efforts by providing thread-safe as a core ACIS capability.
McMaster University has implemented ACIS thread-safe capabilities in both a machining tool path optimizer and a rapid prototyping wall thickness verification program. “Using parallelism, we have achieved exciting speed improvements in our manufacturing software applications,” said Allan Spence, Associate Professor of Mechanical Engineering at McMaster University. “Working with the Spatial team and tools, we were quickly able to implement multi-threaded capabilities, realizing near 3x speed-up on a quad core computer. For over 15 years, our use of Spatial products have provided us with an excellent and progressive platform solution for our manufacturing technology research and development.”
In addition to providing partners the foundation for developing high-performing multi-threaded applications, thread-safe capability enables Spatial to deliver thread-hot ACIS functions. For example, in ACIS R20 Spatial introduced multi-threaded entity-point-distance (MTEPD) functionality. Improving the performance of this function is especially important in metrology applications where point-to-point distance calculations between the design model and manufactured parts can number in the millions. MTEPD tests have shown calculation times can be improved by up to 70% depending on the size of the model and the number of points being evaluated.
“One major reason our development partners choose ACIS as their 3D geometry kernel is because Spatial continues to advance the platform. Developers make use of these technology advancements to extend their application’s competitive advantage,” stated Ray Bagley, Spatial Director of Product Planning and Management. “The value of ACIS continues to increase as we expand its capabilities to address present and future software needs across a growing set of industry applications and platforms.”
ACIS thread-safe capabilities were first introduced by Spatial last year. For compute-intensive operations, the result is near linear performance scaling on multi-core systems. Computer-aided design, engineering analysis, manufacturing and metrology applications realize significant performance gains when faceting, sectioning, and performing most ACIS modeling operations which work on multiple independent parts.
Filed under:
Spatial
Latest enhancements to AVEVA Plant deliver immediate and measurable user benefits
Cambridge, UK: AVEVA (LSE:AVV) today announced further enhancements to its AVEVA Plant portfolio, with significant improvements to AVEVA PDMS, AVEVA Global and all of its schematics products.
Notable improvements have been made to AVEVA PDMS and AVEVA Global, further extending AVEVA's technology leadership in 3D plant design and multi-site project execution.
This latest release introduces numerous new and improved capabilities, many of which are as a result of consultation with AVEVA customers.
One of the major enhancements is the ability of AVEVA PDMS users to openly share data with users of AVEVA Outfitting, part of the AVEVA Marine portfolio, in even the most complex and demanding global projects. Customers involved in any part of the offshore oil & gas or marine industries will benefit from greatly enhanced standardisation across their projects coupled with increased flexibility in the way they work with their project partners.
The new version of AVEVA Global, AVEVA's unique technology for managing multi-project execution, receives many enhancements, including new compression technology that further reduces band-width and network availability requirements.
All of the schematic products within AVEVA Plant have also received major updates, and a new product, AVEVA Diagrams, has been added to the Plant portfolio.
AVEVA VPE P&ID has been extensively upgraded and is renamed AVEVA P&ID at this release. Still integrated with AVEVA VPE Workbench, AVEVA P&ID is now a fully object-centric, AutoCAD-based application, employing Microsoft .NET technology, and capable of integration with AVEVA's Dabacon database via AVEVA P&ID Manager. The latest version is an excellent illustration of AVEVA's policy of Continual Progression; providing customers with increasing capabilities and flexibility while ensuring full upwards compatibility of their existing design data.
AVEVA Diagrams is a powerful tool for creating P&IDs and HVAC diagrams, with an intuitive Microsoft Visio user interface, for users whose priority is direct interaction with the schematic model database. Already a popular element of AVEVA Marine, it has been upgraded and introduced to the plant portfolio, reflecting the progressively closer integration of these two product families.
AVEVA P&ID and AVEVA Diagrams are two complementary products, providing customers with freedom to choose their preferred solution. P&ID drawings and data from both of these products, and from a number of third party P&ID systems can be consistency checked against the 3D PDMS model using the latest AVEVA Schematic 3D Integrator.
This new release of the AVEVA Plant portfolio also includes the latest update to the new AVEVA Instrumentation product, which is a feature-rich suite of integrated applications for the efficient specification, design and maintenance of all plant instrumentation and control systems.
Bruce Douglas, AVEVA's Vice President Marketing and Product Strategy, said:
"AVEVA Plant is an integrated set of engineering and design applications for the process plant and power industries. It allows engineers and designers on multiple sites to work together, in the most productive and risk-free way. These latest upgrades make them even more productive and further extends our leadership in many areas."
Richard Longdon, CEO of AVEVA said:
"At every new product release, AVEVA pushes out the boundaries of what it is possible to achieve in the plant engineering industries. These latest upgrades will deliver immediate, measurable benefits to our customers, increase their capabilities, and increase our technology leadership."
Notable improvements have been made to AVEVA PDMS and AVEVA Global, further extending AVEVA's technology leadership in 3D plant design and multi-site project execution.
This latest release introduces numerous new and improved capabilities, many of which are as a result of consultation with AVEVA customers.
One of the major enhancements is the ability of AVEVA PDMS users to openly share data with users of AVEVA Outfitting, part of the AVEVA Marine portfolio, in even the most complex and demanding global projects. Customers involved in any part of the offshore oil & gas or marine industries will benefit from greatly enhanced standardisation across their projects coupled with increased flexibility in the way they work with their project partners.
The new version of AVEVA Global, AVEVA's unique technology for managing multi-project execution, receives many enhancements, including new compression technology that further reduces band-width and network availability requirements.
All of the schematic products within AVEVA Plant have also received major updates, and a new product, AVEVA Diagrams, has been added to the Plant portfolio.
AVEVA VPE P&ID has been extensively upgraded and is renamed AVEVA P&ID at this release. Still integrated with AVEVA VPE Workbench, AVEVA P&ID is now a fully object-centric, AutoCAD-based application, employing Microsoft .NET technology, and capable of integration with AVEVA's Dabacon database via AVEVA P&ID Manager. The latest version is an excellent illustration of AVEVA's policy of Continual Progression; providing customers with increasing capabilities and flexibility while ensuring full upwards compatibility of their existing design data.
AVEVA Diagrams is a powerful tool for creating P&IDs and HVAC diagrams, with an intuitive Microsoft Visio user interface, for users whose priority is direct interaction with the schematic model database. Already a popular element of AVEVA Marine, it has been upgraded and introduced to the plant portfolio, reflecting the progressively closer integration of these two product families.
AVEVA P&ID and AVEVA Diagrams are two complementary products, providing customers with freedom to choose their preferred solution. P&ID drawings and data from both of these products, and from a number of third party P&ID systems can be consistency checked against the 3D PDMS model using the latest AVEVA Schematic 3D Integrator.
This new release of the AVEVA Plant portfolio also includes the latest update to the new AVEVA Instrumentation product, which is a feature-rich suite of integrated applications for the efficient specification, design and maintenance of all plant instrumentation and control systems.
Bruce Douglas, AVEVA's Vice President Marketing and Product Strategy, said:
"AVEVA Plant is an integrated set of engineering and design applications for the process plant and power industries. It allows engineers and designers on multiple sites to work together, in the most productive and risk-free way. These latest upgrades make them even more productive and further extends our leadership in many areas."
Richard Longdon, CEO of AVEVA said:
"At every new product release, AVEVA pushes out the boundaries of what it is possible to achieve in the plant engineering industries. These latest upgrades will deliver immediate, measurable benefits to our customers, increase their capabilities, and increase our technology leadership."
Gerber Technology Launches Newest Version of webPDM, the flagship component of Gerber’s PLM Software Suite
webPDM 6.0 is completely browser-based; showcases powerful new features, and includes streamlined functionality for professionals throughout the product lifecycle and supply chain.
Tolland, CT – Gerber Technology, a business unit of Gerber Scientific, Inc. (NYSE: GRB), the world leader in automated CAD/CAM and PLM solutions for the sewn products and flexible materials industry, announced today the release of webPDM 6.0, the flagship module of their Product Lifecycle Management (PLM) Software Suite for the organization of data, images, processes and procedures.
Gerber Technology’s webPDM 6.0 functions as a globally-accessible, browser- based solution enabling development professionals to organize information, create tech packs and effectively communicate with employees, customers, vendors and suppliers. webPDM 6.0’s browser-based environment enhances the end user experience allowing rapid global creation, collaboration and production execution for apparel, furniture, accessories and other consumer products. Advanced product development functionality within webPDM is incorporated to meet complex business demands allowing every size company to utilize options that fit their needs.
“With webPDM 6.0, we’ve added highly desirable features such as Linked Pages and Folders that allow for one time entry of specification information spread throughout multiple styles,” says Elizabeth King, Director of Software Applications for Gerber Technology. “Global participants can easily and effectively organize and create content, while taking advantage of enhanced functionality such as the BOM staging area promoting implementation and collaboration on the most important product components. The software integrates seamlessly with the other PLM modules including AccuMark, webView and webFolio permitting more time spent adding value and less on administration.”
Companies of every size will appreciate the value provided by this feature-rich PLM application for global collaboration. “We are very pleased with the enhancements we have been able to deliver to product managers, sourcing professionals, designers, merchandisers, vendors and executives with this latest version of webPDM,” King notes. “This release represents the culmination of invaluable user feedback and bright ideas. From improved product views to rapidly enabling user proficiency, webPDM 6.0 is certain to set the new standard meeting size, supply chain and product lifecycle demands and we are excited to announce its launch to market.”
Tolland, CT – Gerber Technology, a business unit of Gerber Scientific, Inc. (NYSE: GRB), the world leader in automated CAD/CAM and PLM solutions for the sewn products and flexible materials industry, announced today the release of webPDM 6.0, the flagship module of their Product Lifecycle Management (PLM) Software Suite for the organization of data, images, processes and procedures.
Gerber Technology’s webPDM 6.0 functions as a globally-accessible, browser- based solution enabling development professionals to organize information, create tech packs and effectively communicate with employees, customers, vendors and suppliers. webPDM 6.0’s browser-based environment enhances the end user experience allowing rapid global creation, collaboration and production execution for apparel, furniture, accessories and other consumer products. Advanced product development functionality within webPDM is incorporated to meet complex business demands allowing every size company to utilize options that fit their needs.
“With webPDM 6.0, we’ve added highly desirable features such as Linked Pages and Folders that allow for one time entry of specification information spread throughout multiple styles,” says Elizabeth King, Director of Software Applications for Gerber Technology. “Global participants can easily and effectively organize and create content, while taking advantage of enhanced functionality such as the BOM staging area promoting implementation and collaboration on the most important product components. The software integrates seamlessly with the other PLM modules including AccuMark, webView and webFolio permitting more time spent adding value and less on administration.”
Companies of every size will appreciate the value provided by this feature-rich PLM application for global collaboration. “We are very pleased with the enhancements we have been able to deliver to product managers, sourcing professionals, designers, merchandisers, vendors and executives with this latest version of webPDM,” King notes. “This release represents the culmination of invaluable user feedback and bright ideas. From improved product views to rapidly enabling user proficiency, webPDM 6.0 is certain to set the new standard meeting size, supply chain and product lifecycle demands and we are excited to announce its launch to market.”
STRIKER 2010 Sheet Metal CAD/CAM & Nesting Software Released
Tennessee – Striker Systems, an industry leader in the development of sheet metal manufacturing software, has announced the release of STRIKER 2010 Sheet Metal CAD/CAM & Nesting.
Driven by customer input, STRIKER 2010 delivers numerous enhancements to existing features as well as introducing new technology. A significant advancement is further refinement of the Ribbon Interface. The STRIKER 2010 Ribbon Interface presents commands in a simplified, structured interface that makes the software easier to learn and easier to use. The result is that STRIKER 2010 software users accomplish more in less time.
“Our goal with each new release is improved productivity for our customers,” states Michael Boggs, Striker Systems VP of Sales. “STRIKER 2010 achieves this goal through a combination of interface advancements, performance improvements, and feature innovation.” One of these enhanced features is the ability to create, track, and nest on irregular shaped (non rectangular) sheets or plates. STRIKER 2010 will create a crop cut to separate the unused portion of a nested sheet. This sheet remnant, regardless of shape, is then placed into inventory for future nesting consideration. A Sheet remnant can be assigned to a subsequent nest job by the user or STRIKER 2010 can automatically select a sheet remnant when it is determined to deliver the greatest material utilization. STRIKER 2010 helps customers reduce scrap by incorporating remnant sheets that might not otherwise be considered for production.
Driven by customer input, STRIKER 2010 delivers numerous enhancements to existing features as well as introducing new technology. A significant advancement is further refinement of the Ribbon Interface. The STRIKER 2010 Ribbon Interface presents commands in a simplified, structured interface that makes the software easier to learn and easier to use. The result is that STRIKER 2010 software users accomplish more in less time.
“Our goal with each new release is improved productivity for our customers,” states Michael Boggs, Striker Systems VP of Sales. “STRIKER 2010 achieves this goal through a combination of interface advancements, performance improvements, and feature innovation.” One of these enhanced features is the ability to create, track, and nest on irregular shaped (non rectangular) sheets or plates. STRIKER 2010 will create a crop cut to separate the unused portion of a nested sheet. This sheet remnant, regardless of shape, is then placed into inventory for future nesting consideration. A Sheet remnant can be assigned to a subsequent nest job by the user or STRIKER 2010 can automatically select a sheet remnant when it is determined to deliver the greatest material utilization. STRIKER 2010 helps customers reduce scrap by incorporating remnant sheets that might not otherwise be considered for production.
Stratasys records Revenue of $24.6 million for the second quarter
MINNEAPOLIS - Stratasys, Inc. (Nasdaq:SSYS) today announced second quarter financial results.
Revenue was $24.6 million for the second quarter ended June 30, 2009 versus $31.3 million reported for the same period in 2008. System shipments totaled 442 units for the second quarter of 2009, versus 540 for the same period last year.
The company reported net income of approximately $850,000 for the second quarter, or $0.04 per share, compared to net income of $4.1 million, or $0.19 per share, for the same period last year.
Non-GAAP net income, which excludes stock-based compensation expense, was approximately $1.0 million, or $0.05 per share, for the second quarter of 2009 compared to $4.4 million, or $0.20 per share, for the same period last year.
Stock-based compensation expense required under Statement of Financial Accounting Standard (SFAS) 123R was approximately $162,000 net of tax, or $0.01 per share, for the second quarter of 2009, and approximately $268,000 net of tax, or $0.01 per share, for the same period last year.
Revenue was $47.8 million for the six-month period ended June 30, 2009 versus $62.0 million reported for the same period in 2008. System shipments totaled 1,033 units for the six-month period of 2009, versus 1,117 for the same period last year.
The company reported net income of approximately $146,000 for the six-month period of 2009, or $0.01 per share, compared to net income of $7.9 million, or $0.37 per share, for the same period last year.
Non-GAAP net income, which excludes certain discrete items and stock-based compensation expense, was approximately $1.0 million, or $0.05 per share, for the six-month period of 2009 compared to $8.7 million, or $0.40 per share, for the same period last year.
The six-month period of 2009 included a discrete item related to a restructuring expense of approximately $512,000 net of tax, or $0.03 per share. This expense was associated with cost-saving measures the company implemented during the first quarter of 2009.
The six-month period of 2008 included a discrete item related to an impairment charge of approximately $257,000 net of tax, or $0.01 per share. This non-operating charge was an adjustment to the fair value of an auction rate security taken during the first quarter of 2008.
Stock-based compensation expense required under Statement of Financial Accounting Standard (SFAS) 123R was approximately $359,000 net of tax, or $0.02 per share, for the six-month period of 2009, and approximately $529,000 net of tax, or $0.02 per share, for the same period last year.
Cash flow from operations totaled approximately $2.5 million and $5.5 million for the second quarter and six-month period in 2009, respectively. The company has over $51 million in total cash and investments as of the end of the second quarter.
Appropriate reconciliations between GAAP and non-GAAP financial measures are provided in a table at the end of this press release. The table provides itemized detail of the impairment charge and restructuring expense, as well as the stock-based compensation expense used to determine non-GAAP financial measures.
“We are beginning to observe signs that market conditions have stabilized,” said Scott Crump, chairman and chief executive officer of Stratasys. “Although the challenging economic environment continued and order activity remained depressed in the second quarter, positive indicators have recently emerged within the sales channel. We are cautiously optimistic that we may realize improved market conditions in the coming quarters.
“Our new personal 3D printer, the uPrint, continues to be well received following its successful launch in January. Although 3D printer sales have been slowed by the economic downturn, our pipeline of opportunities has grown significantly, which should bode well when market conditions improve. In addition, growing our distribution within 3D printing remains a top priority. We continue working on plans for broadening our distribution strategy, which we expect to significantly advance this year.
“In our Fortus 3D Production System business, we are also building a pipeline of opportunities that should translate into higher sales when market conditions improve. Although Fortus sales declined in the second quarter versus last year, sales nearly doubled over levels realized in the first quarter of this year. We are optimistic that this represents a positive trend going forward. Direct digital manufacturing applications remain a focal point of our Fortus sales and marketing efforts.
“We returned to profitability in the second quarter, a result of prudent cost-saving measures we implemented over the past year. We believe our go-to-market strategy combined with our strong financial position make us well positioned for the future. It is important to note that we have strengthened our already healthy balance sheet and we hold over 51 million dollars in cash and investments.
“Our competitive position remains strong. This was confirmed by the Wohlers Report 2009, released in the second quarter, which indicated that Stratasys shipped over 43 percent of all systems shipped worldwide during 2008, and it has the highest global installed base of additive systems. We expect to improve upon our competitive position in 2009, given our relatively strong financial position and fresh lineup of products.
“The company remains focused on executing its long-term plan, and we remain confident in the long-term growth opportunities in our core businesses,” Crump concluded.
The company will hold a conference call to discuss its second quarter financial results on Wednesday, July 29, 2009 at 8:30 a.m. (ET). The investor conference call will be available via live webcast on the Stratasys Web site at www.stratasys.com under the "Investors" tab. To participate by telephone, the domestic dial-in number is 800-299-7098, and the international dial-in is 617-801-9715. The access code is 55972822. Investors are advised to dial into the call at least ten minutes prior to the call to register.
The webcast will be available for 90 days on the "Investors" page of the Stratasys website.
Revenue was $24.6 million for the second quarter ended June 30, 2009 versus $31.3 million reported for the same period in 2008. System shipments totaled 442 units for the second quarter of 2009, versus 540 for the same period last year.
The company reported net income of approximately $850,000 for the second quarter, or $0.04 per share, compared to net income of $4.1 million, or $0.19 per share, for the same period last year.
Non-GAAP net income, which excludes stock-based compensation expense, was approximately $1.0 million, or $0.05 per share, for the second quarter of 2009 compared to $4.4 million, or $0.20 per share, for the same period last year.
Stock-based compensation expense required under Statement of Financial Accounting Standard (SFAS) 123R was approximately $162,000 net of tax, or $0.01 per share, for the second quarter of 2009, and approximately $268,000 net of tax, or $0.01 per share, for the same period last year.
Revenue was $47.8 million for the six-month period ended June 30, 2009 versus $62.0 million reported for the same period in 2008. System shipments totaled 1,033 units for the six-month period of 2009, versus 1,117 for the same period last year.
The company reported net income of approximately $146,000 for the six-month period of 2009, or $0.01 per share, compared to net income of $7.9 million, or $0.37 per share, for the same period last year.
Non-GAAP net income, which excludes certain discrete items and stock-based compensation expense, was approximately $1.0 million, or $0.05 per share, for the six-month period of 2009 compared to $8.7 million, or $0.40 per share, for the same period last year.
The six-month period of 2009 included a discrete item related to a restructuring expense of approximately $512,000 net of tax, or $0.03 per share. This expense was associated with cost-saving measures the company implemented during the first quarter of 2009.
The six-month period of 2008 included a discrete item related to an impairment charge of approximately $257,000 net of tax, or $0.01 per share. This non-operating charge was an adjustment to the fair value of an auction rate security taken during the first quarter of 2008.
Stock-based compensation expense required under Statement of Financial Accounting Standard (SFAS) 123R was approximately $359,000 net of tax, or $0.02 per share, for the six-month period of 2009, and approximately $529,000 net of tax, or $0.02 per share, for the same period last year.
Cash flow from operations totaled approximately $2.5 million and $5.5 million for the second quarter and six-month period in 2009, respectively. The company has over $51 million in total cash and investments as of the end of the second quarter.
Appropriate reconciliations between GAAP and non-GAAP financial measures are provided in a table at the end of this press release. The table provides itemized detail of the impairment charge and restructuring expense, as well as the stock-based compensation expense used to determine non-GAAP financial measures.
“We are beginning to observe signs that market conditions have stabilized,” said Scott Crump, chairman and chief executive officer of Stratasys. “Although the challenging economic environment continued and order activity remained depressed in the second quarter, positive indicators have recently emerged within the sales channel. We are cautiously optimistic that we may realize improved market conditions in the coming quarters.
“Our new personal 3D printer, the uPrint, continues to be well received following its successful launch in January. Although 3D printer sales have been slowed by the economic downturn, our pipeline of opportunities has grown significantly, which should bode well when market conditions improve. In addition, growing our distribution within 3D printing remains a top priority. We continue working on plans for broadening our distribution strategy, which we expect to significantly advance this year.
“In our Fortus 3D Production System business, we are also building a pipeline of opportunities that should translate into higher sales when market conditions improve. Although Fortus sales declined in the second quarter versus last year, sales nearly doubled over levels realized in the first quarter of this year. We are optimistic that this represents a positive trend going forward. Direct digital manufacturing applications remain a focal point of our Fortus sales and marketing efforts.
“We returned to profitability in the second quarter, a result of prudent cost-saving measures we implemented over the past year. We believe our go-to-market strategy combined with our strong financial position make us well positioned for the future. It is important to note that we have strengthened our already healthy balance sheet and we hold over 51 million dollars in cash and investments.
“Our competitive position remains strong. This was confirmed by the Wohlers Report 2009, released in the second quarter, which indicated that Stratasys shipped over 43 percent of all systems shipped worldwide during 2008, and it has the highest global installed base of additive systems. We expect to improve upon our competitive position in 2009, given our relatively strong financial position and fresh lineup of products.
“The company remains focused on executing its long-term plan, and we remain confident in the long-term growth opportunities in our core businesses,” Crump concluded.
The company will hold a conference call to discuss its second quarter financial results on Wednesday, July 29, 2009 at 8:30 a.m. (ET). The investor conference call will be available via live webcast on the Stratasys Web site at www.stratasys.com under the "Investors" tab. To participate by telephone, the domestic dial-in number is 800-299-7098, and the international dial-in is 617-801-9715. The access code is 55972822. Investors are advised to dial into the call at least ten minutes prior to the call to register.
The webcast will be available for 90 days on the "Investors" page of the Stratasys website.
Filed under:
Stratasys
PTC records Q3 Revenue of $226.2 million
NEEDHAM, Mass - PTC (Nasdaq: PMTC), The Product Development Company®, today reported results for its third fiscal quarter ended July 4, 2009.
Highlights
* Q3 Results: Revenue of $226.2 million and non-GAAP EPS of $0.20
o Non-GAAP operating margin of 13.0%; GAAP operating margin of 0.9%
o GAAP EPS of $0.03, including $6.6 million restructuring charge to reduce operating expenses
o Relative to Q3 guidance, currency was favorable to revenue by approximately $3 million and unfavorable to expenses by approximately $2 million
* Q4 Guidance: Revenue of $235 to $245 million and non-GAAP EPS of $0.25 to $0.30
o GAAP EPS of $0.09 to $0.13
o Assumes $1.40 EURO / USD, up from $1.30 EURO / USD in prior guidance
* FY 2009 Targets: Revenue of approximately $931 million and non-GAAP EPS of approximately $0.77
o Non-GAAP operating margin of approximately 13%; GAAP operating margin of approximately 1%
o GAAP EPS of approximately $0.24
o Approximately 15% non-GAAP and 2% GAAP operating margin for H2’09
The Q3 non-GAAP results exclude a $6.6 million restructuring charge, $11.5 million of stock-based compensation expense, $9.4 million of acquisition-related intangible asset amortization and in-process research and development expenses and $8.3 million of income tax adjustments. The Q3 results include a non-GAAP tax rate of 21% and a GAAP tax benefit rate of 153%.
Q3 Results Commentary & Outlook
C. Richard Harrison, chairman and chief executive officer, commented, “On a constant currency and non-GAAP basis, our total Q3 revenue was down 11% compared to last year, which in this challenging economy highlights the stability provided by our maintenance and services businesses. Importantly, on a sequential basis we are seeing a number of positive data points: 1) total revenue is stabilizing, 2) we delivered license revenue growth in all of our major geographies except Japan, 3) active maintenance paying seats are up, driven by Windchill seat growth, and 4) we won three additional strategically important “domino” accounts during Q3.”
“Our pipeline for new business opportunities remains strong and lead times to close enterprise deals seem to be shortening,” continued Harrison. “We received major orders from leading organizations such as BAE Systems, Caterpillar, EDF Group, Knorr Bremse, Komatsu America Corporation, NASA, Otis Elevator, Raytheon, RWTH Aachen University, and the US Army.”
James Heppelmann, president and chief operating officer added, “We believe that our technology leadership position in the industry is becoming increasingly clear. In addition to competitive displacement wins in the market, PTC continues to be on the forefront of innovation with our social product development initiative and partnership with Microsoft, our growing product analytics platform, and our Arbortext product information delivery solutions. We are very optimistic about the long-term opportunity for PTC and will continue to make strategic investments that we believe are critical to delivering value to our customers and gaining market share, while remaining mindful of our goal of 20% non-GAAP EPS growth for 2010 and beyond.”
Neil Moses, chief financial officer, commented, “Our Q3 operating margins and EPS were stronger than expected primarily due to stronger than expected license revenue, favorable currency impact as well as a lower than anticipated tax rate. Our balance sheet remains strong with $231 million of cash, down from $268 million in Q2 primarily due to our acquisition of Relex, which we acquired in June to further expand our product analytics platform. We also have an additional $175 million available on our revolving credit facility.”
“Looking forward to Q4, we are initiating guidance of $235 to $245 million in revenue with non-GAAP EPS of $0.25 to $0.30,” continued Moses. “Consequently, we are now targeting FY’09 revenue of approximately $931 million, 13% non-GAAP operating margins, and non-GAAP EPS of approximately $0.77.”
The Q4 guidance assumes a non-GAAP tax rate of 20%, a GAAP tax benefit rate in excess of 40% and 119 million diluted shares outstanding. The Q4 non-GAAP guidance excludes approximately $14 million of stock-based compensation expense, $9 million of acquisition-related intangible asset amortization expense, $10 million of restructuring related expense and the related income tax effects.
The FY’09 target assumes a non-GAAP tax rate of 21%, a GAAP tax benefit rate in excess of 130% and 117 million diluted shares outstanding. The FY’09 non-GAAP guidance excludes approximately $43 million of stock-based compensation expense, $36 million of acquisition-related intangible asset amortization and in-process research and development expense, $26 million of restructuring related expense and the related income tax effects.
Highlights
* Q3 Results: Revenue of $226.2 million and non-GAAP EPS of $0.20
o Non-GAAP operating margin of 13.0%; GAAP operating margin of 0.9%
o GAAP EPS of $0.03, including $6.6 million restructuring charge to reduce operating expenses
o Relative to Q3 guidance, currency was favorable to revenue by approximately $3 million and unfavorable to expenses by approximately $2 million
* Q4 Guidance: Revenue of $235 to $245 million and non-GAAP EPS of $0.25 to $0.30
o GAAP EPS of $0.09 to $0.13
o Assumes $1.40 EURO / USD, up from $1.30 EURO / USD in prior guidance
* FY 2009 Targets: Revenue of approximately $931 million and non-GAAP EPS of approximately $0.77
o Non-GAAP operating margin of approximately 13%; GAAP operating margin of approximately 1%
o GAAP EPS of approximately $0.24
o Approximately 15% non-GAAP and 2% GAAP operating margin for H2’09
The Q3 non-GAAP results exclude a $6.6 million restructuring charge, $11.5 million of stock-based compensation expense, $9.4 million of acquisition-related intangible asset amortization and in-process research and development expenses and $8.3 million of income tax adjustments. The Q3 results include a non-GAAP tax rate of 21% and a GAAP tax benefit rate of 153%.
Q3 Results Commentary & Outlook
C. Richard Harrison, chairman and chief executive officer, commented, “On a constant currency and non-GAAP basis, our total Q3 revenue was down 11% compared to last year, which in this challenging economy highlights the stability provided by our maintenance and services businesses. Importantly, on a sequential basis we are seeing a number of positive data points: 1) total revenue is stabilizing, 2) we delivered license revenue growth in all of our major geographies except Japan, 3) active maintenance paying seats are up, driven by Windchill seat growth, and 4) we won three additional strategically important “domino” accounts during Q3.”
“Our pipeline for new business opportunities remains strong and lead times to close enterprise deals seem to be shortening,” continued Harrison. “We received major orders from leading organizations such as BAE Systems, Caterpillar, EDF Group, Knorr Bremse, Komatsu America Corporation, NASA, Otis Elevator, Raytheon, RWTH Aachen University, and the US Army.”
James Heppelmann, president and chief operating officer added, “We believe that our technology leadership position in the industry is becoming increasingly clear. In addition to competitive displacement wins in the market, PTC continues to be on the forefront of innovation with our social product development initiative and partnership with Microsoft, our growing product analytics platform, and our Arbortext product information delivery solutions. We are very optimistic about the long-term opportunity for PTC and will continue to make strategic investments that we believe are critical to delivering value to our customers and gaining market share, while remaining mindful of our goal of 20% non-GAAP EPS growth for 2010 and beyond.”
Neil Moses, chief financial officer, commented, “Our Q3 operating margins and EPS were stronger than expected primarily due to stronger than expected license revenue, favorable currency impact as well as a lower than anticipated tax rate. Our balance sheet remains strong with $231 million of cash, down from $268 million in Q2 primarily due to our acquisition of Relex, which we acquired in June to further expand our product analytics platform. We also have an additional $175 million available on our revolving credit facility.”
“Looking forward to Q4, we are initiating guidance of $235 to $245 million in revenue with non-GAAP EPS of $0.25 to $0.30,” continued Moses. “Consequently, we are now targeting FY’09 revenue of approximately $931 million, 13% non-GAAP operating margins, and non-GAAP EPS of approximately $0.77.”
The Q4 guidance assumes a non-GAAP tax rate of 20%, a GAAP tax benefit rate in excess of 40% and 119 million diluted shares outstanding. The Q4 non-GAAP guidance excludes approximately $14 million of stock-based compensation expense, $9 million of acquisition-related intangible asset amortization expense, $10 million of restructuring related expense and the related income tax effects.
The FY’09 target assumes a non-GAAP tax rate of 21%, a GAAP tax benefit rate in excess of 130% and 117 million diluted shares outstanding. The FY’09 non-GAAP guidance excludes approximately $43 million of stock-based compensation expense, $36 million of acquisition-related intangible asset amortization and in-process research and development expense, $26 million of restructuring related expense and the related income tax effects.
Filed under:
PTC
True Engineering Technology Re-Invents The Number
Transforms Ordinary Numbers into Enterprise 2.0-Ready, Managed Information to Help Cure the Productivity Pain in Engineering, Science and Other Numbers-driven Organizations.
CAMBRIDGE, Mass - Numbers play a critical role in every organization, from product design and development to manufacturing, science, education and finance. Yet numbers remain plain, unformatted text that most organizations struggle to find, format, manage and verify across desktop applications including email, Excel and PowerPoint.
"It's almost unbelievable that -- in an era where most information is intrinsically connected via the Web -- we haven't yet developed a better way of managing numbers, one of the most important types of information," noted Allen Razdow, founder of True Engineering Technology. Razdow, the inventor of Mathcad, the most widely-used engineering software and a co-founder of Mathsoft, founded True Engineering Technology to address the challenges created by unstructured numbers for knowledge workers.
Razdow and his team have developed a new semantic technology that elevates numbers from their static existence into a rich, meaningful data type that can be embedded in documents and workflows, resulting in a Web-friendly approach to numbers that makes it easy to quickly create, format, classify, store and discover numbers, in any kind of document. The company today unveiled a set of tools that make it easy to represent numbers as machine-readable, URL-like data called truenumbers(TM). Like URLs, truenumbers are live and connected throughout any desktop application in which they reside, and add value to numerical content by providing units, tolerance information, the properties or attributes they measure, source information and more.
"URLs and RSS have shown how much impact adding a bit of semantics to common data types can have. Doing the same for something as critical as numbers can have a transformative effect on desktop computing," added Razdow.
Ricardo Garcia is an Aircraft Structural Analyst for Naval Air Systems Command (NAVAIR), a US Navy Command providing engineering, development, testing, evaluation, in-service support, and program management capabilities to deliver airborne weapons systems. An early adopter of truenumber technology, Garcia noted: "When you are keeping a fleet of sophisticated military airplanes flying to support US combat troops, confusion over a simple calculation that goes unchecked can have catastrophic results. With truenumbers, we will be able to manage and share critical data including design parameters and materials properties, ensuring that anyone on the team can easily get the most up-to-date information available at any time, from anywhere."
Product Lifecycle Management systems (PLM) are invaluable for structuring big engineering projects, but until truenumbers, nothing has been able to reach into the ordinary documents and emails engineers communicate with day to day to get a handle on the critical data and design intent locked inside. As soon as engineers start using truenumbers, traceability, re-use and compliance in their organizations increase, and ROI on document management, PLM and other IT goes up accordingly.
Bruce Jenkins, founder and CEO of Ora Research and one of the engineering industry's foremost market analysts noted: "True Engineering Technology recognizes that the real value in numbers is the numbers themselves and their pedigree, and not the document or application they are stored in -- it's the first solution I've seen that effectively unlocks the content from the container. Truenumbers essentially combines numerical representation and data management, providing significant value to numbers-driven organizations that struggle with knowledge capture, re-use, error reduction, traceability and productivity."
Product Details and Availability
True Engineering Technology's solution includes client-side applications for creating and working with truenumbers in desktop applications as well as a server-based numberspace(TM) repository. Anyone can create truenumbers for use in HTML-enabled applications such as email, PowerPoint, Word and Excel using the free Create a Number application.
CAMBRIDGE, Mass - Numbers play a critical role in every organization, from product design and development to manufacturing, science, education and finance. Yet numbers remain plain, unformatted text that most organizations struggle to find, format, manage and verify across desktop applications including email, Excel and PowerPoint.
"It's almost unbelievable that -- in an era where most information is intrinsically connected via the Web -- we haven't yet developed a better way of managing numbers, one of the most important types of information," noted Allen Razdow, founder of True Engineering Technology. Razdow, the inventor of Mathcad, the most widely-used engineering software and a co-founder of Mathsoft, founded True Engineering Technology to address the challenges created by unstructured numbers for knowledge workers.
Razdow and his team have developed a new semantic technology that elevates numbers from their static existence into a rich, meaningful data type that can be embedded in documents and workflows, resulting in a Web-friendly approach to numbers that makes it easy to quickly create, format, classify, store and discover numbers, in any kind of document. The company today unveiled a set of tools that make it easy to represent numbers as machine-readable, URL-like data called truenumbers(TM). Like URLs, truenumbers are live and connected throughout any desktop application in which they reside, and add value to numerical content by providing units, tolerance information, the properties or attributes they measure, source information and more.
"URLs and RSS have shown how much impact adding a bit of semantics to common data types can have. Doing the same for something as critical as numbers can have a transformative effect on desktop computing," added Razdow.
Ricardo Garcia is an Aircraft Structural Analyst for Naval Air Systems Command (NAVAIR), a US Navy Command providing engineering, development, testing, evaluation, in-service support, and program management capabilities to deliver airborne weapons systems. An early adopter of truenumber technology, Garcia noted: "When you are keeping a fleet of sophisticated military airplanes flying to support US combat troops, confusion over a simple calculation that goes unchecked can have catastrophic results. With truenumbers, we will be able to manage and share critical data including design parameters and materials properties, ensuring that anyone on the team can easily get the most up-to-date information available at any time, from anywhere."
Product Lifecycle Management systems (PLM) are invaluable for structuring big engineering projects, but until truenumbers, nothing has been able to reach into the ordinary documents and emails engineers communicate with day to day to get a handle on the critical data and design intent locked inside. As soon as engineers start using truenumbers, traceability, re-use and compliance in their organizations increase, and ROI on document management, PLM and other IT goes up accordingly.
Bruce Jenkins, founder and CEO of Ora Research and one of the engineering industry's foremost market analysts noted: "True Engineering Technology recognizes that the real value in numbers is the numbers themselves and their pedigree, and not the document or application they are stored in -- it's the first solution I've seen that effectively unlocks the content from the container. Truenumbers essentially combines numerical representation and data management, providing significant value to numbers-driven organizations that struggle with knowledge capture, re-use, error reduction, traceability and productivity."
Product Details and Availability
True Engineering Technology's solution includes client-side applications for creating and working with truenumbers in desktop applications as well as a server-based numberspace(TM) repository. Anyone can create truenumbers for use in HTML-enabled applications such as email, PowerPoint, Word and Excel using the free Create a Number application.
Jul 28, 2009
China's First Post-Production Training Center Equipped with Autodesk Solutions
Government Initiative Aims to Advance Local Entertainment and Creative Industries.
SHANGHAI - The Animation Public Technical Service Platform of Shanghai (APTSP) has created China's first post-production training center, to grow high-end animation and post-production public services, train local talent and showcase innovative technology. APTSP offers complete, data-centric workflows that include Autodesk, Inc.'s (NASDAQ: ADSK) Autodesk Flame and Autodesk Inferno visual effects systems, Autodesk Smoke editorial finishing system, and Autodesk Lustre digital color-grading system.
Small and medium-sized companies have access to APTSP's technology and services, thereby reducing their startup and operating costs. With five Autodesk Certified Instructors, the organization is also nurturing creative talent in education and business sectors. Established a year ago, APTSP is a joint investment by the central and Shanghai governments. With an initial investment of RMB 45 million (6.5 million USD), APTSP provided over 17,000 hours of service to more than 470 companies in Shanghai and the Yangtze River Delta region. It has also attracted project cooperation from other regions, including Hong Kong and Australia. Having fulfilled the Phase I investment targets in 2008, APTSP received follow-up state funding of RMB 10 million (1.5 million USD) in 2009.
"APTSP's Phase II funding is being used to augment the capacity for digital content creation," said Zhang Weida, chief operating officer of APTSP. "We've expanded our post-production technology offering, to benefit local businesses with their high- and medium-end media and entertainment projects."
"Autodesk is honored to be working with the Chinese central and local governments to develop the nation's media and entertainment industry," said Paresh Khara, senior director, Autodesk Media & Entertainment - Asia. "Through APTSP, local companies are accessing world-class technology and delivering sophisticated broadcast, film and animated content. We look forward to continued collaboration with APTSP."
In 2008, entrusted by the Shanghai Animation Film Studio, APTSP delivered a film remake of the Chinese animated classic "Gourd Brothers", using Autodesk visual effects and 3D software. The APTSP also completed post-production on the Chinese animated film "The Magic Aster" ("Ma Lan Hua"), released in June 2009. APTSP used Smoke, Inferno and Lustre on the project, with a collaborative editing, coloring and finishing workflow and centralized data management. Made by Shanghai Film Group and Shanghai Animation Film Studio, "The Magic Aster" is an adaptation of the popular 1950s stage play of the same name. The film is part of the milestone works celebrating China's 60th anniversary.
SHANGHAI - The Animation Public Technical Service Platform of Shanghai (APTSP) has created China's first post-production training center, to grow high-end animation and post-production public services, train local talent and showcase innovative technology. APTSP offers complete, data-centric workflows that include Autodesk, Inc.'s (NASDAQ: ADSK) Autodesk Flame and Autodesk Inferno visual effects systems, Autodesk Smoke editorial finishing system, and Autodesk Lustre digital color-grading system.
Small and medium-sized companies have access to APTSP's technology and services, thereby reducing their startup and operating costs. With five Autodesk Certified Instructors, the organization is also nurturing creative talent in education and business sectors. Established a year ago, APTSP is a joint investment by the central and Shanghai governments. With an initial investment of RMB 45 million (6.5 million USD), APTSP provided over 17,000 hours of service to more than 470 companies in Shanghai and the Yangtze River Delta region. It has also attracted project cooperation from other regions, including Hong Kong and Australia. Having fulfilled the Phase I investment targets in 2008, APTSP received follow-up state funding of RMB 10 million (1.5 million USD) in 2009.
"APTSP's Phase II funding is being used to augment the capacity for digital content creation," said Zhang Weida, chief operating officer of APTSP. "We've expanded our post-production technology offering, to benefit local businesses with their high- and medium-end media and entertainment projects."
"Autodesk is honored to be working with the Chinese central and local governments to develop the nation's media and entertainment industry," said Paresh Khara, senior director, Autodesk Media & Entertainment - Asia. "Through APTSP, local companies are accessing world-class technology and delivering sophisticated broadcast, film and animated content. We look forward to continued collaboration with APTSP."
In 2008, entrusted by the Shanghai Animation Film Studio, APTSP delivered a film remake of the Chinese animated classic "Gourd Brothers", using Autodesk visual effects and 3D software. The APTSP also completed post-production on the Chinese animated film "The Magic Aster" ("Ma Lan Hua"), released in June 2009. APTSP used Smoke, Inferno and Lustre on the project, with a collaborative editing, coloring and finishing workflow and centralized data management. Made by Shanghai Film Group and Shanghai Animation Film Studio, "The Magic Aster" is an adaptation of the popular 1950s stage play of the same name. The film is part of the milestone works celebrating China's 60th anniversary.
Filed under:
Autodesk
Software Solution From Dassault Systèmes and Rockwell Automation to Optimize Machine Design
Mechanical, electrical and controls engineers develop machine designs in virtual design and production environment to increase machine value, drive sustainability and foster innovation agility.
MILWAUKEE and Paris — Rockwell Automation and Dassault Systèmes SolidWorks Corp. (DS SolidWorks) plan to broaden their work together by developing a joint mechatronic solution for machine builders that helps allow mechanical, electrical and controls design engineers to work together to analyze, optimize, simulate and select machine designs in a virtual design and production environment before committing to a final machine design.
Machine builders will benefit from the joint solution through increased machine value, improved machine sustainability, and greater innovation agility. The solution allows designers to test various component selections and designs virtually, rather than building and testing multiple physical prototypes. As a result, they can select the design that provides the highest machine throughput, thus improving the machine’s effectiveness.
Designers also can focus on developing sustainable machines because they will be able to run efficiency analyses and select designs that decrease energy consumption and reduce waste. Similarly, they will have the ability to try new and creative options without incurring costs for building physical prototypes. This allows the engineers to select the optimal mix of cost savings and energy efficiency.
“Many issues can arise during the initial design phase of a machine because there is a lack of collaboration and communication between mechanical and controls designers,” said John Pritchard, product marketing manager for Kinetix, Rockwell Automation. “We’re expanding our alliance with DS SolidWorks to develop a mechatronic design environment that will allow engineers to communicate throughout the design process and work together in an integrated design platform. The primary objective is to foster innovation while reducing costs and compressing the time it takes to design, develop and deliver reliable machines.”
Craig Therrien, product manager of DS SolidWorks, said “Our two companies have a shared vision of the benefits manufacturers could achieve when leveraging solutions that combine 3-D technology with automation control software. This mechatronic solution is a natural next step in our journey together. We are looking forward to the opportunity to help designers use our complementary technologies to improve the work they’re doing.”
Scheduled for release this fall, the joint solution moves Rockwell Automation one step closer toward creating a virtual design and production environment that helps manufacturers collaborate seamlessly through the full design life cycle. The new solution will link mechanical design with controls design by integrating SolidWorks design software from DS SolidWorks with Rockwell Automation Motion Analyzer software. As a result, machine builders can expect shorter lead times and reduced risk by predicting the likely outcome of design changes before committing to a physical prototype.
"This latest development in the relationship between Rockwell Automation and DS SolidWorks has the potential to revolutionize machine design,” said Sal Spada, research director, ARC Advisory Group.
“Machine builders that are quick to adopt mechatronic system design will have a distinct competitive advantage. They will be able to offer end users sustainable and optimized machines in a fraction of the time.”
The partnership between Rockwell Automation and DS SolidWorks began in late 2007. Last fall, the companies announced availability of their first joint solution – a virtual design and production utility that merges virtual simulation and automation for production.
MILWAUKEE and Paris — Rockwell Automation and Dassault Systèmes SolidWorks Corp. (DS SolidWorks) plan to broaden their work together by developing a joint mechatronic solution for machine builders that helps allow mechanical, electrical and controls design engineers to work together to analyze, optimize, simulate and select machine designs in a virtual design and production environment before committing to a final machine design.
Machine builders will benefit from the joint solution through increased machine value, improved machine sustainability, and greater innovation agility. The solution allows designers to test various component selections and designs virtually, rather than building and testing multiple physical prototypes. As a result, they can select the design that provides the highest machine throughput, thus improving the machine’s effectiveness.
Designers also can focus on developing sustainable machines because they will be able to run efficiency analyses and select designs that decrease energy consumption and reduce waste. Similarly, they will have the ability to try new and creative options without incurring costs for building physical prototypes. This allows the engineers to select the optimal mix of cost savings and energy efficiency.
“Many issues can arise during the initial design phase of a machine because there is a lack of collaboration and communication between mechanical and controls designers,” said John Pritchard, product marketing manager for Kinetix, Rockwell Automation. “We’re expanding our alliance with DS SolidWorks to develop a mechatronic design environment that will allow engineers to communicate throughout the design process and work together in an integrated design platform. The primary objective is to foster innovation while reducing costs and compressing the time it takes to design, develop and deliver reliable machines.”
Craig Therrien, product manager of DS SolidWorks, said “Our two companies have a shared vision of the benefits manufacturers could achieve when leveraging solutions that combine 3-D technology with automation control software. This mechatronic solution is a natural next step in our journey together. We are looking forward to the opportunity to help designers use our complementary technologies to improve the work they’re doing.”
Scheduled for release this fall, the joint solution moves Rockwell Automation one step closer toward creating a virtual design and production environment that helps manufacturers collaborate seamlessly through the full design life cycle. The new solution will link mechanical design with controls design by integrating SolidWorks design software from DS SolidWorks with Rockwell Automation Motion Analyzer software. As a result, machine builders can expect shorter lead times and reduced risk by predicting the likely outcome of design changes before committing to a physical prototype.
"This latest development in the relationship between Rockwell Automation and DS SolidWorks has the potential to revolutionize machine design,” said Sal Spada, research director, ARC Advisory Group.
“Machine builders that are quick to adopt mechatronic system design will have a distinct competitive advantage. They will be able to offer end users sustainable and optimized machines in a fraction of the time.”
The partnership between Rockwell Automation and DS SolidWorks began in late 2007. Last fall, the companies announced availability of their first joint solution – a virtual design and production utility that merges virtual simulation and automation for production.
Filed under:
Dassault
VNIIGAZ Selects ANSYS Multiphysics Software to Drive Innovation in Oil and Gas Pipeline Technology
Gas R&D Institute to Speed Product Development, Improve Safety through Engineering Simulation.
SOUTHPOINTE, Pa - ANSYS, Inc. (NASDAQ: ANSS) today announced that VNIIGAZ — the Scientific-Research Institute of Natural Gases and Gas Technologies LLC — has selected software from ANSYS for its research and development programs. VNIIGAZ is one of Russia’s largest research centers and a division of Moscow-based JSC Gazprom, a gas exploration and production company with huge reserves. VNIIGAZ is using multiphysics simulation software from ANSYS to improve reliability and drive technological innovation in the pipeline equipment used to transfer oil and gas. The company also is applying Simulation Driven Product Development™ to simulate emergency scenarios in an industry that is especially hazardous.
In its research and development efforts, VNIIGAZ uses ANSYS® structural mechanics, fluid dynamics and explicit dynamics analysis tools to perform studies on erosion and combustion, stress–strain analysis, strength and fatigue analysis, and studies of internal and external loads in gas pipelines. One specific application involves modeling the physics of equipment damage, thereby facilitating the development of new damage prevention strategies and technologies.
Extensive risk-assessment simulations are planned to explore scenarios such as gas explosions and the spread of fire to help maintain and improve operational safety at Gazprom.
“ANSYS provides the breadth of simulation tools we need at VNIIGAZ to ensure we can accurately account for the entire range of physics. By placing ANSYS technology at the foundation of our research and development program, we can reduce the number of full-scale experiments and lead time required to develop innovative technologies designed for extraction, transportation and gas processing facilities accident prevention,” said Sergei Kovalyov, director of laboratory simulation of emergency processes at VNIIGAZ. In making its decision, VNIIGAZ considered how effective ANSYS technology has been at other oil and gas companies domestically and internationally.
“VNIIGAZ has not just managed to survive in our changing world, but its scientific input has allowed Gazprom to considerably enhance field projects and develop new technology. By selecting ANSYS software, VNIIGAZ recognizes the value of Simulation Driven Product Development in reducing costs and development timelines while delivering better products and processes — whether that applies to extended production, transportation improvement, higher reliability or safer operations,” said Ahmad Haidari, director, industry marketing at ANSYS, Inc.
ANSYS channel partner ZAO EMT R was instrumental in the implementation of ANSYS technology at VNIIGAZ and will provide high-level technical support and maintenance to the research division.
SOUTHPOINTE, Pa - ANSYS, Inc. (NASDAQ: ANSS) today announced that VNIIGAZ — the Scientific-Research Institute of Natural Gases and Gas Technologies LLC — has selected software from ANSYS for its research and development programs. VNIIGAZ is one of Russia’s largest research centers and a division of Moscow-based JSC Gazprom, a gas exploration and production company with huge reserves. VNIIGAZ is using multiphysics simulation software from ANSYS to improve reliability and drive technological innovation in the pipeline equipment used to transfer oil and gas. The company also is applying Simulation Driven Product Development™ to simulate emergency scenarios in an industry that is especially hazardous.
In its research and development efforts, VNIIGAZ uses ANSYS® structural mechanics, fluid dynamics and explicit dynamics analysis tools to perform studies on erosion and combustion, stress–strain analysis, strength and fatigue analysis, and studies of internal and external loads in gas pipelines. One specific application involves modeling the physics of equipment damage, thereby facilitating the development of new damage prevention strategies and technologies.
Extensive risk-assessment simulations are planned to explore scenarios such as gas explosions and the spread of fire to help maintain and improve operational safety at Gazprom.
“ANSYS provides the breadth of simulation tools we need at VNIIGAZ to ensure we can accurately account for the entire range of physics. By placing ANSYS technology at the foundation of our research and development program, we can reduce the number of full-scale experiments and lead time required to develop innovative technologies designed for extraction, transportation and gas processing facilities accident prevention,” said Sergei Kovalyov, director of laboratory simulation of emergency processes at VNIIGAZ. In making its decision, VNIIGAZ considered how effective ANSYS technology has been at other oil and gas companies domestically and internationally.
“VNIIGAZ has not just managed to survive in our changing world, but its scientific input has allowed Gazprom to considerably enhance field projects and develop new technology. By selecting ANSYS software, VNIIGAZ recognizes the value of Simulation Driven Product Development in reducing costs and development timelines while delivering better products and processes — whether that applies to extended production, transportation improvement, higher reliability or safer operations,” said Ahmad Haidari, director, industry marketing at ANSYS, Inc.
ANSYS channel partner ZAO EMT R was instrumental in the implementation of ANSYS technology at VNIIGAZ and will provide high-level technical support and maintenance to the research division.
Filed under:
ANSYS
University of the Pacific Selects DoubleCAD XT PRO
Pacific's School of Engineering and Computer Science to Design Curriculum Around AutoCAD LT Work-Alike.
NOVATO, CA - University of the Pacific's School of Engineering and Computer Science, and IMSI/Design, maker of the #1 best-selling CAD in retail, announced today that the university will standardize on DoubleCAD XT PRO for 2D CAD instruction.
Based on IMSI/Design's award-winning CAD code with over two million copies sold worldwide, DoubleCAD XT PRO is an AutoCAD LT work-alike with features that far surpass AutoCAD LT, including a powerful drafting palette, a wide range of architectural objects and interop file filters, and sophisticated geometric and dimensional (parametric) constraints, a feature that was only recently added to AutoCAD 2010.
"DoubleCAD XT PRO immediately feels familiar while adding numerous additional features," stated Paul Burdick, Systems Administration at the School of Engineering and Computer Science at Pacific. "We're excited to extend our current CAD curriculum with DoubleCAD XT PRO."
IMSI/Design worked closely with Pacific to create a licensing program and deployment strategy that provided significant benefits to the engineering program.
"We've always been hampered by other CAD vendors' licensing and activation technologies," added Burdick. "DoubleCAD XT PRO deployments are easy, saving us a lot of installation and licensing headaches. Students can even download a free, non-water marked, non restricted version of DoubleCAD to use at home or take with them to a job site."
NOVATO, CA - University of the Pacific's School of Engineering and Computer Science, and IMSI/Design, maker of the #1 best-selling CAD in retail, announced today that the university will standardize on DoubleCAD XT PRO for 2D CAD instruction.
Based on IMSI/Design's award-winning CAD code with over two million copies sold worldwide, DoubleCAD XT PRO is an AutoCAD LT work-alike with features that far surpass AutoCAD LT, including a powerful drafting palette, a wide range of architectural objects and interop file filters, and sophisticated geometric and dimensional (parametric) constraints, a feature that was only recently added to AutoCAD 2010.
"DoubleCAD XT PRO immediately feels familiar while adding numerous additional features," stated Paul Burdick, Systems Administration at the School of Engineering and Computer Science at Pacific. "We're excited to extend our current CAD curriculum with DoubleCAD XT PRO."
IMSI/Design worked closely with Pacific to create a licensing program and deployment strategy that provided significant benefits to the engineering program.
"We've always been hampered by other CAD vendors' licensing and activation technologies," added Burdick. "DoubleCAD XT PRO deployments are easy, saving us a lot of installation and licensing headaches. Students can even download a free, non-water marked, non restricted version of DoubleCAD to use at home or take with them to a job site."
Oasys Design System Signs WorldWide OEM Agreement to Integrate Concept Engineering’s NlView Visualization Engine
RealTime Designer, Full Chip Physical Synthesis Tool Now Offers Users a High Performance and High Capacity Debugging Cockpit Design Automation Conference 2009.
FREIBURG, Germany - Concept Engineering today announced that Oasys Design Systems, Inc., developer of the RealTime Designer full-chip physical register transfer-level (RTL) synthesis product, has signed a worldwide OEM license for Concept Engineering′s Nlview™ visualization engine. Nlview is integrated into RealTime Designer to power its debugging GUI. Design engineers using RealTime Designer bundled with Nlview benefit from a high-performance, high-capacity debugging cockpit and from very detailed visual feedback about the RTL code and the physical synthesis process.
By automatically generating easy-to-read schematic diagrams from RTL code and RTL code fragments, Nlview gives design engineers quick and detailed feedback about the RTL design running through the Oasys physical synthesis process. Cross-probing between schematic and other design views makes it easy to understand and fine-tune the physical synthesis process. The Nlview engine helps designers of electronic integrated circuits (ICs) and systems-on-chip (SoCs) to visualize such critical information as circuit structure, critical path circuit fragments, parasitic components, device properties and signal values, so that they can more easily and accurately tune designs for low power or for maximum performance and more quickly locate and correct errors in their designs.
“Run time and tool quality are attributes that are extremely important within our RealTime Designer product,” said Paul van Besouw, president and CEO of Oasys. “We selected Concept Engineering's visualization engine because the product provided extreme performance with very high quality.”
RealTime Designer provides a new platform for nanometer design, delivering 10x to 60x runtime improvements over existing physical synthesis tools. A scalable tool that delivers quality results, RealTime Designer dramatically reduces place and route run times. Plug-and-play integration with existing EDA flows allows day-one usability.
“RealTime Designer is an exciting new tool for engineers working on full chip physical design,” said Gerhard Angst, president and CEO of Concept Engineering. "We are very proud that Oasys has selected our visualization technology for their new full-chip physical synthesis product and that we are able to help OASYS to accelerate the design process for complex physical design implementation”
RealTime Designer bundled with the Nlview engine is available now.
FREIBURG, Germany - Concept Engineering today announced that Oasys Design Systems, Inc., developer of the RealTime Designer full-chip physical register transfer-level (RTL) synthesis product, has signed a worldwide OEM license for Concept Engineering′s Nlview™ visualization engine. Nlview is integrated into RealTime Designer to power its debugging GUI. Design engineers using RealTime Designer bundled with Nlview benefit from a high-performance, high-capacity debugging cockpit and from very detailed visual feedback about the RTL code and the physical synthesis process.
By automatically generating easy-to-read schematic diagrams from RTL code and RTL code fragments, Nlview gives design engineers quick and detailed feedback about the RTL design running through the Oasys physical synthesis process. Cross-probing between schematic and other design views makes it easy to understand and fine-tune the physical synthesis process. The Nlview engine helps designers of electronic integrated circuits (ICs) and systems-on-chip (SoCs) to visualize such critical information as circuit structure, critical path circuit fragments, parasitic components, device properties and signal values, so that they can more easily and accurately tune designs for low power or for maximum performance and more quickly locate and correct errors in their designs.
“Run time and tool quality are attributes that are extremely important within our RealTime Designer product,” said Paul van Besouw, president and CEO of Oasys. “We selected Concept Engineering's visualization engine because the product provided extreme performance with very high quality.”
RealTime Designer provides a new platform for nanometer design, delivering 10x to 60x runtime improvements over existing physical synthesis tools. A scalable tool that delivers quality results, RealTime Designer dramatically reduces place and route run times. Plug-and-play integration with existing EDA flows allows day-one usability.
“RealTime Designer is an exciting new tool for engineers working on full chip physical design,” said Gerhard Angst, president and CEO of Concept Engineering. "We are very proud that Oasys has selected our visualization technology for their new full-chip physical synthesis product and that we are able to help OASYS to accelerate the design process for complex physical design implementation”
RealTime Designer bundled with the Nlview engine is available now.
China National Chemical Engineering Co., LTD. Expands Use of Intergraph® SmartPlant® Enterprise Solutions
Large Chinese engineering company realizes productivity gains from implementing Intergraph software, including SmartPlant 3D, in five subsidiary companies.
HUNTSVILLE, Ala – China National Chemical Engineering Co., LTD. (CNCEC), one of China’s largest engineering, procurement and construction (EPC) concerns, has expanded the use of Intergraph® SmartPlant® Enterprise design and engineering software to five of its operating companies to further increase productivity and cost savings and to accelerate project schedules.
An existing Intergraph customer, CNCEC had already experienced the benefits and productivity gains using Intergraph’s next-generation 3D modeling and visualization, information management, instrumentation, and piping and instrumentation diagram software solutions. Now, CNCEC will expand use of these solutions, including SmartPlant 3D, further into five more companies within the CNCEC group: China Tianchen Engineering Co, Ltd.; Sedin Engineering Co. Ltd.; East China Engineering Science and Technology Co., Ltd.; China Hualu Engineering Co., Ltd.; and China Chengda Engineering Co., Ltd.
SmartPlant Enterprise is an integrated solutions suite that provides design, construction, materials and engineering data management capabilities needed for the creation, safe operation and maintenance, and capital Plant Lifecycle Management (cPLM) of large-scale process, power, marine and offshore projects. The software’s life cycle data management also enables a smoother handover for EPCs to owner operators and for owner operators to more easily maintain, refurbish or modify their plants.
“Intergraph solutions have played a vital role in helping us to boost productivity, reduce costs and shorten project schedules so that we can more quickly and efficiently meet our customers’ demands,” said Mr. Lu Hongxing, President of CNCEC. “As we move forward, SmartPlant Enterprise solutions will be crucial to the successful development and operation of not only our business, but also enable our clients’ projects to come to market more effectively and quickly.”
Gerhard Sallinger, Intergraph Process, Power and Marine president, said, “We are pleased to have CNCEC expand their usage of SmartPlant Enterprise software. As a leading EPC in China, we highly value their trust and commitment to our solutions as a factor in their success. This success and the firm’s decision to expand SmartPlant use throughout the group demonstrates Intergraph’s leadership in China, and also how fast the Chinese firms are adopting modern technology.”
The ARC Advisory Group, a leading industry analyst firm, ranked Intergraph the No.1 overall engineering design 3D software and process engineering tools (PET) provider worldwide and in Asia according to its PET Worldwide Outlook Market Analysis and Forecast through 2013.
HUNTSVILLE, Ala – China National Chemical Engineering Co., LTD. (CNCEC), one of China’s largest engineering, procurement and construction (EPC) concerns, has expanded the use of Intergraph® SmartPlant® Enterprise design and engineering software to five of its operating companies to further increase productivity and cost savings and to accelerate project schedules.
An existing Intergraph customer, CNCEC had already experienced the benefits and productivity gains using Intergraph’s next-generation 3D modeling and visualization, information management, instrumentation, and piping and instrumentation diagram software solutions. Now, CNCEC will expand use of these solutions, including SmartPlant 3D, further into five more companies within the CNCEC group: China Tianchen Engineering Co, Ltd.; Sedin Engineering Co. Ltd.; East China Engineering Science and Technology Co., Ltd.; China Hualu Engineering Co., Ltd.; and China Chengda Engineering Co., Ltd.
SmartPlant Enterprise is an integrated solutions suite that provides design, construction, materials and engineering data management capabilities needed for the creation, safe operation and maintenance, and capital Plant Lifecycle Management (cPLM) of large-scale process, power, marine and offshore projects. The software’s life cycle data management also enables a smoother handover for EPCs to owner operators and for owner operators to more easily maintain, refurbish or modify their plants.
“Intergraph solutions have played a vital role in helping us to boost productivity, reduce costs and shorten project schedules so that we can more quickly and efficiently meet our customers’ demands,” said Mr. Lu Hongxing, President of CNCEC. “As we move forward, SmartPlant Enterprise solutions will be crucial to the successful development and operation of not only our business, but also enable our clients’ projects to come to market more effectively and quickly.”
Gerhard Sallinger, Intergraph Process, Power and Marine president, said, “We are pleased to have CNCEC expand their usage of SmartPlant Enterprise software. As a leading EPC in China, we highly value their trust and commitment to our solutions as a factor in their success. This success and the firm’s decision to expand SmartPlant use throughout the group demonstrates Intergraph’s leadership in China, and also how fast the Chinese firms are adopting modern technology.”
The ARC Advisory Group, a leading industry analyst firm, ranked Intergraph the No.1 overall engineering design 3D software and process engineering tools (PET) provider worldwide and in Asia according to its PET Worldwide Outlook Market Analysis and Forecast through 2013.
Filed under:
Intergraph
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