GUANGZHOU, China — (BUSINESS WIRE) — February 25, 2014 — ZW3D, one of the world's leading suppliers of advanced CAD/CAM solutions for the manufacturing industry, today reported its fiscal year 2013 financial performance, reflecting robust growth with highest turnover achieved.
ZW3D CAD/CAM has well surpassed its expectations for 2013 amid tough economic conditions, indicating steady expansions acoss all market segments. For instance, revenue of high-end, mature markets, like German, Japan and France among others, has increased by over 40 percent. Meanwhile, the growth of ZW3D’s emerging mid-market, such as Poland, South Africa, Turkey, Thailand and Mexico etc., has surged 70 percent. Of particular interest has been the success in Chinese market, witnessing a compound growth rate of 100%.
ZW3D's growth in 2013 accelerated as the result of following improvements:
- Customer-based product R&D: The developments of ZW3D CAD/CAM are mainly focused on the response and feedback of end users, delivering them friendly and reliable product design and process experience with greatly reduced budgets. And therefore during 2013, 80% of our existing users chose to upgrade.
- Wide applicability: As an overall and integrated 3D CAD/CAM solution, ZW3D CAD/CAM covers product design, sheet metal design, reverse engineering, mold design and 2-5 axis CNC machining etc. Additionally, ZW3D delivers versatile and professional solutions to various industries like jewelry design, shoe making and so on.
- Growth of global distribution channels: In 2013, the number of ZW3D channels added over 35%, expanding our global business network to 60 countries. In respect to resellers, ZW3D provides reliable software and handsome distribution profits, coupled with free trainings for sales, marketing and technology.
"We saw a huge uptick in our emerging mid-market and enterprise business in the past year, and it played a significant role in our exceptional overall growth for 2013," said Felix Gao, Director of ZW3D Overseas Business. “In addition, our focused developments based on customer response, strong reseller engagement, and dedicated marketing efforts have resulted in a strong year.”
About ZW3D CAD/CAM
ZW3D is cost-effective CAD/CAM software for 3D modeling, mold design, and machining, which takes engineers from concept to finished product in one easy-to-use, single collaborative environment. http://www.zwsoft.com/ZW3D/