Centric Software Introduces OpenPLM Solutions With Connectivity To Multiple Data Sources

Centric Software Delivers Only OpenPLM Solutions With Live Connectivity To Multiple Data Sources

OpenPLM Solutions Integrate and Deliver ROI Benefits Rapidly

SAN JOSE, Calif. – October 4, 2005 – Centric Software, Inc., the leading provider of OpenPLM™ for the extended enterprise, today introduced a powerful new suite of solutions designed to assist in bringing more, new, winning products to market more quickly, driving top line revenue growth while reducing costs.

Centric’s OpenPLM solutions are the only solutions that offer live, out-of-the box connectivity to multiple MCAD, EDA, CAE, PDM, ERP, SCM and document management systems. This connectivity provides distributed product and project teams with automatic extraction and aggregation of real-time product and operational data, presenting cross-disciplinary information and enabling more informed decision making. The solutions accelerate and automate innovation and product development processes, program execution, and management of deliverables. Further, the industry-unique ‘openness’ of the connectivity in Centric’s OpenPLM solutions reduces the challenges of deploying a PLM solution to days, rather than months, bringing rapid ROI benefits to customers.

Centric Software’s OpenPLM solutions address the critical areas of Innovation Management, New Product Development and New Product Introduction, Collaborative Outsourcing, Concept Validation, Six Sigma and Design-Build. These solutions offer the most powerful platform for informed team collaboration on key data in multi-system, multi-vendor environments.

“Leading manufacturers point to successful product launches as critical to their market and revenue growth strategy, yet barely one-third feel this process is under control, listing myriad reasons why product launches fail. The challenge is that product launch is a cross-functional business process that requires seamless execution across groups responsible for defining market demand, designing new products, and supplying and servicing customers,” stated Mike Burkett, research director at AMR Research in the Alert, “The CIO’s Guide to the PERFECT Product Launch,” June 2005.

“To successfully bring new products to market and programs to completion, companies must collaborate with globally dispersed cross-functional teams, accelerating products and programs from ideation to realization,” said Chris Groves, chief executive officer at Centric Software. “Success depends on immediate visibility into the right information at the right time for informed decision making and accelerated program execution. Our OpenPLM solutions uniquely mine and merge data from multiple systems, and interpret and present the data in a configurable end-user forum that provides rapid achievement of these operational benefits.”

Customers in the automotive, aerospace, consumer packaged goods, fashion, life sciences and architecture/engineering/construction industries derive better portfolio, program, and project execution from Centric’s OpenPLM solutions. For example:

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Innovation Management maximizes product portfolio value through the capture of new product ideas early in the product development process and management of those ideas, leading to a doubling of new product introduction success rates.

o        MEDRAD, a global manufacturer of medical devices, has adopted Centric to provide a structured approach for capturing and categorizing ideas and concept evaluations in the critical front-end of the product development cycle.

Collaborative Outsourcing enables distributed internal and external teams to share information, coordinate activities and monitor team progress to complete projects faster.

o        Hamilton Sundstrand, a worldwide leader in the design, manufacture and service of industrial and aerospace systems, is fostering collaboration and highly informed decision-making throughout the project lifecycle among distributed, internal and external project teams.

New Product Development /New Product Introduction provides a framework to capture process standards and ensure their use on every project.

o        Coleman, the world's leading manufacturer of outdoor equipment and camping gear, is improving their gated product development process by utilizing Centric to enable collaboration among their distributed employees and global suppliers.

Concept Validation delivers breakthrough integration, validation and optimization of CAD and CAE designs before making an investment in physical prototypes. Concept Validation improves first article production by up to seventy-five percent.

o        Siemens Transportation Systems (TS) creates complete cross-functional product definitions and system-level simulations, for the first time validating total product functionality during the crucial concept phase of railway car manufacturing.

Six Sigma transforms underutilized paper standards into electronic Six Sigma process templates.

o        Sensus Metering Systems, a global manufacturer of water, electric and gas metering systems, uses Centric for management of Six Sigma programs across the enterprise.

Design-Build delivers design-build projects on time and on budget

o        Princeton University manages their $1 billion capital improvement program through their use of Centric Design-Build.

About Centric Software, Inc.
Centric Software accelerates innovation and program execution through its industry-leading OpenPLM™ solutions. The OpenPLM federated systems solutions provide distributed enterprises with "out-of-the-box" connectivity to major operational and product lifecycle management (PLM) systems. Global enterprises, such as Bristol-Myers Squibb, Hamilton Sundstrand, Siemens, SNC-Lavalin, Timex, Volvo, Iowa State University and others, use Centric's OpenPLM solutions to achieve top line revenue growth and direct cost reductions. Customers represent multiple industries, including aerospace, automotive, consumer goods, AEC/owner operator, life sciences, consumer electronics companies and universities.

Press Contact:
Kevin Whalen
Topaz Partners
Phone: 781-388-7900 x211
Email Contact


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