iRent and IMSI/Design Join Forces Opening New Markets

Boston, Massachusetts, 18 January 2010.  iRent™ LLC, the PC based Software as a Service provider, today announced the signing of an agreement with IMSI/Design®, the global leader in retail CAD.  This agreement will allow iRent to enable IMSI/Design's flagship product, TurboCAD® Pro, the award-winning CAD application with a very powerful set of mechanical and architectural design capabilities, to be rented on a monthly TurboCAD Imagesubscription basis.  With TurboCAD® Pro now fully rent-enabled, new markets, until now untapped by this type of business model, will become available to IMSI/Design.  This exciting development of new and recurring revenue streams will help drive growth for both iRent and IMSI/Design in this highly competitive sector of the software industry.
 
iRent's
unique proposition allows for rented software to reside on local PC(s) and thereby eliminates the need for a continuous tethering to the Internet.  End-users who fail to make agreed rental payments are logged and their applications are automatically disabled.
 

"SaaS is exploding in popularity, and 2D/3D CAD applications like TurboCAD, especially when they are enabled to be run locally on a PC, are perfectly suited to SaaS," stated Bob Mayer, Chief Operating Officer for IMSI/Design.  "We think using this sales model, our TurboCAD Pro product will especially appeal to both AEC and Mechanical engineering professionals."
 
"The key to our success is in forming strong and lasting partnerships.  Our relationship with IMSI/Design, as exemplified by this new contract agreement, is an example of our values and commitment," acknowledged Rick Cluthe, President and COO of iRent LLC.  "In today's economic environment, renting as opposed to buying software is a very appealing cost saving option for any business.  From the software provider's perspective, renting secure in the knowledge that their software is immune to theft and can only be used when the rental payment is received is very reassuring.  We have eliminated the financial risks without requiring our clients to further invest in their code."


About IMSI/Design® llc
IMSI/Design is the global leader in retail CAD (Computer Aided Design).  IMSI/Design products include the award-winning TurboCAD®, DesignCAD™, DoubleCAD® and TurboFLOORPLAN® families of precision design applications.  Please visit www.imsidesign.com , www.TurboCAD.com or www.DoubleCAD.com for more information.

About iRent™ llc
Founded by two IT industry executives, iRent™ offers users a unique proposition - Software as a Service (SaaS) without the need for a permanent tethering to the Internet.  For the industry iRent represents an exciting new platform that securely rents applications and opens entirely new revenue opportunities for the content provider.

World ConnectPress Contact

iRent™ LLC
Rick Cluthe
774.722.0667
Email Contact

Press Contact
IMSI/Design® LLC
Pam Volpe
415.483.8025
Email Contact

   




Review Article Be the first to review this article

Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Siemens Goes ECAD With Mentor Graphics Acquisition
Jobs
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Senior Structural Engineer for Design Everest at San Francisco, CA
GIS Analyst II for Air Worldwide at Boston, MA
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
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
SolidCAM: Program your CNCs directly inside your existing CAD system.



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