ESI understands the increasingly important role that multi-physics plays in R&D and in product design, and the need for realistic simulation solutions.
Join ESI for a seminar on multi-physics modeling that will show how to unlock research and product innovation, while using real world examples – not simplified concepts. ESI experts will guide attendees through the theory and application of an industrial solution that takes advantage of the ESI ACE+ Suite of simulation tools.
The emphasis of this event will be on multi-physics applications; however, those interested in Computational Fluid Dynamics (CFD) simulation in any field are welcome.
University of Michigan Duderstadt Center
2281 Bonisteel Boulevard
1180 Teleconference Room
Ann Arbor MI 48109-2094
Phone: (734) 763-3266
PTC’s PLM Momentum Accelerates As Automotive Industry Evolves
On February 14, 2011 PTC® (NASDAQ: PMTC) announced plans to establish a Research and Development Center of Excellence focused on the specific PLM requirements of the automotive industry, including the requirement for globalization, the desire for an open PLM platform, the opportunity to optimize service operations, and the need for tighter integration between CAD, BOM and the Digital Mock-Up for rapidly changing vehicle configurations. The R&D center is located in Korea.
"Automotive OEMs and supply chain participants are facing an expanding set of business and technical complexities that include evolving supply chain relationships, increasingly complex vehicles with more electronics and software; rapidly developing regulatory compliance-related requirements, and increasing consumer quality, functional and time-to-market demands," said Peter Bilello, President of CIMdata, a leading global PLM management consulting and research firm.
"The good news is that PLM-enabling solutions are seen by many in the global automotive industry as critical to addressing these issues."
Jim Heppelmann, President and CEO of PTC, commented, "We are seeing a significant amount of generational turnover of PLM technology in the automotive industry. Over the past 12 months, PTC has partnered with leading passenger and heavy vehicle OEMs such as Hyundai Motor Company and Kia Motors Corporation, and Volvo Group, as well as major automotive suppliers such as Continental, Schaeffler, HARMAN Automotive, and Cummins to help them implement their next-generation product development systems. Each of these companies intends to leverage our core Windchill® PLM software as the backbone of their product development technology platform. These partnerships have contributed greatly to our momentum in the automotive vertical, characterized by more than 70% Windchill revenue growth and four ‘domino' wins in the last year."
"We believe that automotive companies who are selecting Windchill are choosing to leapfrog their competition in terms of PLM technology and product development process sophistication," continued Heppelmann. "Windchill is the fastest growing PLM product in the market, and equally important, PTC has the professional services scale and expertise to help companies implement and extract the most value from their PLM technology. PTC is committed to helping automotive companies as they refresh and expand their PLM technology solutions into enterprise-class business solutions focused on enabling thousands of users across the value chain to collaborate and more effectively participate in the product development process. We believe our new Automotive PLM R&D Center of Excellence will continue to enhance our presence and momentum in the automotive vertical."
PTC's enterprise 3D design, product data management and collaboration solutions customers in the automotive industry include 8 of the top 10 powertrain suppliers and 3 of the top 5 automotive OEMs.
Hyundai Motor Company and Kia Motors Corporation Select PTC’s Windchill As Its Enterprise PLM Solution
On January 26, 2011 PTC® announced that Hyundai Motor Company and Kia Motors Corporation, the fifth-largest and fastest-growing global automobile manufacturer by market share, has selected PTC as its strategic partner for its enterprise PLM initiative.
Following an extensive two-year benchmark testing and selection process, Hyundai Motor Company and Kia Motors Corporation selected PTC's Windchill® as its enterprise PLM solution to consolidate multiple existing systems into a single platform for managing critical product data and related processes for vehicle development. Hyundai Motor Company and Kia Motors Corporation is adopting the Windchill PLM system in its core R&D groups and intends to extend use of the solution through its internal and external value chain.
Dr. H. S. Lee, Vice Chairman of HKMC's R&D center, said, "In order to support our ambitious growth plans, we have prioritized the need for a faster and more efficient environment to facilitate global concurrent product development and support the rapidly changing requirements for our vehicle programs. Two years ago we began looking at all available PLM solutions to meet our requirements. We selected and procured with PTC because of Windchill's impressive results in our comprehensive benchmarking process, PTC's proven track record as an effective partner in powertrain development, and its growing strength in the automotive industry."
The first phase of delivery, which has already begun, establishes a system of record for the complete vehicle -- the engineering Bill of Materials -- and for Change Management. Phase I also includes CATIA data management and a Digital Mock-Up (DMU) environment. The system gradually is expected to be expanded globally.
"PTC is proud to work with Hyundai Motor Company and Kia Motors Corporation, one of the largest, fastest-growing and most important brands in the global automotive industry," said Jim Heppelmann, President and CEO of PTC. "As a global automotive OEM, Hyundai Motor Company and Kia Motors Corporation can now benefit from a single source for accessing data and managing processes across vehicle design programs in order to quickly respond to changes, to address the unique needs of global markets, and to ensure quality through production in many countries."
Heppelmann added: "We are very excited that Hyundai Motor Company and Kia Motors Corporation has chosen us to help it move forward in what is a very dynamic and demanding industry. This selection clearly demonstrates PTC's PLM momentum in the automotive sector."
PTC solutions for automotive needs are designed to meet the product design and product life cycle management needs of both OEMs and suppliers in the automotive industry. PTC's customers in the automotive industry utilizing PTC's enterprise 3D design, product data management and/or collaboration solutions include eight of the Top 10 power train suppliers and three of the Top Five automotive OEMs.