FOR IMMEDIATE RELEASE
PLANIT HOLDINGS RANKED BY CIMDATA AS FASTEST GROWING CAM VENDOR WORLDWIDE WITH MOST INDUSTRIAL USERS
Latest CIMdata NC market report confirms Planit as world’s #1 vendor of industrial CAM; top 5 revenue-earning CAM vendors
Southfield, MI, June 11, 2007: Rapidly growing sales across all areas of its metal and woodworking software business, combined with the acquisition of the EdgeCAM brand, catapulted Planit Holdings into the top five vendors of Computer Aided Manufacturing (CAM) software in 2006, according to the recently released NC Software and Related Services Market Assessment Report, by renowned US consulting and market research firm CIMdata.
The group’s combined software revenues of $55 million represent an increase in group sales of more than 46% during the past 12 months, making Planit the fastest-growing vendor of CAM software worldwide.
The report also confirms Planit as the #1 CAM vendor on the basis of industrial seats both shipped and installed in the manufacturing sector. This brings the organization’s total number of installed industrial seats to more than 84,000 – at least 24,000 more than its closest competitor, and up almost 30,000 since 2005. The combination of industry-leading brands EdgeCAM, Alphacam, Radan, Cabinet Vision and Cabnetware have broadened and strengthened the group’s portfolio, making Planit “a force to be reckoned with in CAM,” according to Alan Christman, Chairman and member of the CIMdata Board of Directors.
Planit’s outstanding growth across all business areas is reflected in the organization’s new global infrastructure. With a total of 436 employees devoted to its CAM business units, the group is rated by CIMdata as the world’s largest by headcount, further proving the group’s dedication to remaining the market leader through investment in their staff, products and structure.
Commenting on the results of the CIMdata market report, Planit’s Chief Operating Officer, Bryan Pryce said, “The Planit focus is broader than that of most CAM vendors, offering a product range encompassing everything from point-of-sale design software for specialist and major home improvement retailers, through design-to-manufacture software for the specialized cabinet industry, to CAD/CAM applications for the mechanical, woodworking and engineering industries. We currently enjoy market leadership in wood, stone, and sheet metal, and are achieving rapid growth to support multi-axis and one-hit machining on latest generation mill-turn machines. Our recent move from public to private ownership gives us greater ability to invest for the future.”
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Planit is the world’s largest supplier of design and manufacturing software for the engineering, woodworking and stone industries, with more than 85,000 industrial seats installed at thousands of customer sites around the globe. The company’s Alphacam, Cabinet Vision, Cabnetware, EdgeCAM, JobShop and Radan solutions are best-in-class within their respective markets – providing customers with products and services to improve the productivity of their machine tools, shorten design and manufacturing time, optimize material usage, and deliver high quality goods and services to their customers. For additional information, visit