Launches GeometricEDGE® to support extended enterprise collaboration
MUMBAI, India, September 29, 2015: Geometric Ltd. (BSE: 532312, NSE: GEOMETRIC), a leader in Product Lifecycle Management (PLM) solutions, Global Engineering services, Embedded System solutions and Digital Technology solutions, today announced the release of its next generation collaboration solution, GeometricEDGE® to enable design and engineering data exchange between OEMs, partners, and joint ventures for global engineering. Built based on Geometric’s extensive experience in PLM and interoperability solutions, GeometricEdge leverages the Collaboration Portal from PDTec AG, a leading provider of software and services for enterprise wide collaboration in product development.
OEMs are entering into new partnerships, or creating joint ventures, to gain access to local markets, technology, and resources, and to increase their product range rapidly. The number of such partnerships and joint ventures is growing quickly. However, inherent differences in the product development methodologies and systems are hampering the timely realization of these partnerships.
“Collaboration is becoming a way of life for our customers be it with each other, their suppliers or joint ventures. The demand for data exchange, while protecting respective intellectual property is becoming more acute. GeometricEDGE provides a unique solution, keeping future requirements in mind, and has numerous applications both inside and outside our customer base”, said Manu Parpia, MD and CEO, Geometric.
Based on industry standards (e.g., STEP AP242/ ISO 14306 JT), GeometricEDGE simplifies the process of setting up the data exchange between partners by providing a non-invasive collaboration framework for secure product data exchange. Its process templates provide flexibility to manage OEM partner-pair specific exchange processes. The solution accelerates setting up a collaborative data exchange and its analytics capabilities provide visibility into data sharing patterns and opportunities for further optimization.
According to Peter Bilello, President of CIMdata, “The future of manufacturing is in joint-development, design, production, and service of products. Enabling the operationalizing of data exchange between partners in a cost and time effective manner will be key for success.”
“We are pleased to be the selected partner of Geometric to deliver new product data exchange capabilities for enterprise collaboration, thus enabling global engineering teams to work together more efficiently and save significant development time and costs while increasing the quality of their alliances” said Albrecht Pfaff, Head of Sales & Marketing at PDTec.
Geometric has been developing niche interoperability and collaboration solutions for last 10 years, leveraging its rich experience in designing, developing and deploying PLM solutions, and its partnerships with leading PLM vendors. These solutions help organizations in collaborative product design, engineering and manufacturing to enhance their PLM investments.
About PDTec AG
PDTec AG is a renowned and highly reputable provider of software and services for data management in engineering as well as for partner and supplier integration for PDM-based structure and CAD data exchange. The software solutions offered by PDTec – CAD Portal, SimData Manager, and ice.NET – have been developed based on the company’s many years of experience in the integration of data, processes, and systems. They are used primarily in the automotive, aerospace, general machinery, and shipbuilding industries, but are also employed at energy providers and in electronics as well as in the IT industry. The company is headquartered in Karlsruhe, Germany. For more information about PDTec, please visit www.pdtec.de.
Geometric 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 11.05 billion (US Dollars 180.61 million) for the year ended March 2015. It employs over 4800 people across 13 global delivery locations in the US, France, Germany, Romania, India, and China. Geometric has been assessed at Maturity Level 3 for CMMI 1.3- Development and CMMI 1.3-Services for its Software and Engineering Services business units and is ISO 9001:2008 certified for engineering operations. The company’s operations are also ISO 27001:2005 certified.
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