Geometric Makes Equity Investment in Anark Corporation

Mumbai, India – Boulder, CO – September 10, 2013: Geometric Limited (BSE: 532312, NSE: GEOMETRIC), a leader in Product Lifecycle Management (PLM), Global Engineering Services and Intellectual property led solutions, and Anark Corporation, a leading provider of automated 3D CAD visualization solutions, today announced the expansion of their strategic partnership with an equity investment by Geometric’s wholly owned subsidiary, Geometric Americas, Inc.  The agreement will further extend the companies’ capabilities to deliver a world class Model Based Enterprise (MBE) authoring and publishing solution, Anark Core MBEWeb, which is powered by Geometric’s Glovius®, an easy to use and customizable viewer application that enables downstream users to view high fidelity 3D data from anywhere, anytime.

The companies plan to expand their global sales and marketing collaboration and jointly target enterprise manufacturers within the aerospace, defense, automotive and industrial sectors. This will be achieved through development of a joint product roadmap that will focus on market needs and deliver a highly effective and cost efficient solution for publishing and consumption of 3D documents by users in manufacturing, inspection, and purchasing.

“This new phase of our strategic partnership with Geometric is a key supporting component of Anark’s long term growth strategy, as well as its vision of driving customer value via highly effective and cost efficient Model Based Enterprise solutions”, said Stephen Collins President and CEO of Anark Corporation. “The response by Geometric and Anark customers to MBEWeb has been resoundingly positive, and this extension of our technology collaboration with Geometric will provide us with greater resources and a strong channel and integration partner who shares our commitment to empowering the Model Based Enterprise.”

“We are seeing an increasing need within our customer base for consumption of 3D product data by non-engineering departments, and introduced a multi-platform and extensible visualization solution, Glovius to address it. Our investment in Anark towards our joint solution for MBE will help us address this growing market more effectively”, said Manu Parpia, CEO of Geometric Limited. “We work closely with engineering teams of global manufacturers providing them with PLM and engineering solutions. The addition of this capability allows the downstream users in our customer organizations to access 3d data with ease”.

About 3D MBE and MBEWeb:

3D MBE is a practice initially developed by the U.S. Department of Defense (DoD) in partnership with several of its key OEM suppliers that is now experiencing rapid adoption within both defense and commercial manufacturing organizations to enable:

  • Reuse of 3D Model Based Definition data (e.g. 3D Dimensions and Tolerances and other Product Manufacturing Information),
  • Elimination of costly and redundant 2D Drawings and 2D Technical Data Packages
  • Cost reduction of internal engineering activities by up to 30% as well as reduction of scrap and rework by nearly 19%
  • Affordable 3D MBE deployment solutions based on powerful, open and readily available industry standards like 3D PDF and 3D HTML

In the case of Anark Core MBEWeb, customers can publish and deliver 3D manufacturing documents through free industry standard HTML5 Browsers and the free Adobe Reader.

MBEWeb’s 3D HTML publishing capability using Geometric’s high-performance visualization technology, combined with Anark Core’s easy-to-use authoring user interface, subject matter experts in engineering, manufacturing, quality inspection, and purchasing can now easily create lightweight 3D HTML MBE documents for their in house (‘inside-the-firewall’) non-engineering users.

And since the same easy-to-use authoring environment can also be used to author and publish 3D PDF MBE documents in parallel with the 3D HTML MBE documents, these same subject matter experts have the additional flexibility to distribute lightweight 3D PDF manufacturing documents to their ‘outside-the-firewall’ tier 2, 3 and 4 external suppliers and/or customers—without any additional training or expertise.  These 3D PDF MBE documents are also free to view by downstream users through the ubiquitous free Adobe Reader.

About Glovius

Glovius is an extensible and customizable 3D viewer for Windows, and supports all leading 3D CAD formats. Glovius also has high performance viewer apps for iOS and Android smartphones and tablets. The mobile apps are powered by cloud services, allowing you to visualize files directly in the browser.

About Anark

Anark Corporation ( http://www.anark.com) provides powerful enterprise software and solutions to manufacturing organizations that need to cost-effectively utilize their 3D CAD data and manufacturing information for design collaboration, manufacturing work instructions, visualization, and technical documentation applications.

Anark has an unrivaled track record for delivering successful PLM and 3D visualization solutions for the industry's most demanding and innovative customers. Anark helps market leaders such as Boeing, Cessna, Pratt & Whitney, Lockheed Martin, Rockwell Collins, Sikorsky, Ericsson, B&W, and the US Department of Defense unlock the potential of their 3D assets to save money, accelerate product development, and to collaborate and communicate more effectively and securely.

About Geometric

Geometric ( www.geometricglobal.com) is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of Global Engineering services, Product Lifecycle Management (PLM) solutions, Embedded System solutions, and Digital Technology solutions enables companies to formulate, implement, and execute global engineering and manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle.

Listed on the Bombay and National stock exchanges in India, the company recorded consolidated revenues of Rupees 10.20 billion (US Dollars 187.57 million) for the year ended March 2013. It employs over 4600 people across 13 global delivery locations in the US, the UK, France, Germany, Romania, India, and China. Geometric was assessed as CMMI 1.1 Level 5 for its software services and is ISO 9001:2008 certified for engineering operations. The company’s operations are also ISO 27001:2005 certified.

The copyright/ trademarks of all products referenced herein are held by their respective companies.

For more information, please contact:

Jim Merry

Anark Corporation

Tel: (303) 545-2592 x 250

Or send email to anark.solutions@anark.com

Kavita Karnani

Geometric Ltd

Tel :+91.20.40284496

Email: Email Contact




Review Article Be the first to review this article

Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Re-Use Your CAD: The ModelCHECK Handbook
Jobs
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
GIS Analyst II for Air Worldwide at Boston, MA
Senior Structural Engineer for Design Everest at San Francisco, CA
Upcoming Events
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
Display Week 2017 at Los Angeles Convention Center 1201 S Figueroa St Los Angeles CA - May 21 - 26, 2017



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise