Major projects in the automotive, aerospace and defense industries for PLM & ERP integrations, PLM migrations, secure B2B data exchange and lightweight Technical Data Package publication (TDP) help PROSTEP’s North American subsidiary achieve a record year. Despite COVID-19, PROSTEP Inc. increased its revenues by around 40 percent in the last fiscal year, which ended on June 30, 2020.
Two major automotive suppliers have been helped by PROSTEP Inc. to close gaps in the control of the release of their intellectual property and to increase the security, traceability and user-friendliness of their processes with the OpenDXM GlobalX data exchange solution. Each company has purchased several thousand end-user licenses at a fraction of the cost of operating its own proprietary internal portals or other third-party MFT tools. One of the two companies focused on purchasing and ERP integration for the secure exchange of quotation data when using OpenDXM GlobalX. The other has deeply integrated the solution into the PLM environment to seamlessly send large CAD files to development and design partners.
Furthermore, PROSTEP Inc. has enabled one aerospace customer to publish highly configured TDPs for the rapid distribution of lightweight CAD data, parts lists and technical specifications. All data is combined into a single PDF package using PROSTEP’s PDF Generator 3D. Another project in the aerospace industry was aimed at improving interoperability between PLM, MES and ERP through a robust and distributed microservices-enabled Enterprise Server Bus in secure networks. The basis for this is the OpenPDM integration platform from PROSTEP.
In the space sector, PROSTEP Inc. integrated CAD and other product data from PLM and simulation data management systems for a customer. For another, the company started with a proof of concept for the MBSE federation between requirements, SysML and PLM systems. OpenPDM provides the backbone interoperability that coordinates workflow transactions between the systems of different software OEMs. The seamless synchronization of data between two different PLM systems to create the Digital Thread is the subject of a pilot project in the defence sector that will last several years.
“I am proud of the entire PROSTEP team and especially of our team in North America,” commented Karsten Theis, CEO of PROSTEP AG, on the successful fiscal year of PROSTEP Inc.
“In 15 years of our presence in North America, we have built an incredible portfolio of products and technical capabilities to meet the increasingly complex needs of our customers. This has enabled us to fire from all pipes in 2019”.
Commenting on the impact of COVID-19, Theis said: “Fortunately, at the beginning of the pandemic, we had already completed most of our U.S. business for fiscal year 2019 and were in the final stages of delivery. The real test will be the course of the year 2020/2021. Several projects have been delayed, but we hope that they will soon pick up speed again. Like all companies, we are adapting to the new normality of working from home”.
Shortly before the pandemic, PROSTEP Inc. rented larger offices, almost doubling the company’s working space. To date, however, US employees have not been able to work in the new offices for a single day because the move-in date coincided with the first lockdown in Michigan at the end of March. Now they hope to inaugurate the new offices in early 2021.
PROSTEP Inc. was founded in 2006 in Birmingham, Michigan, right in the heart of the US automotive industry. Over the past 14 years, it has made a significant contribution to strengthening our footprint in the North and South American markets. It has become a recognized partner in the areas of data exchange, PLM integration and 3D PDF-based communication for companies in the automotive, aerospace and defense industries across the pond. Not least thanks to our US subsidiary, we are now able to successfully handle larger global projects.
As a wholly owned subsidiary of the PROSTEP Group headquartered in Darmstadt, Germany, PROSTEP Inc. does not publish independent financial information. Customer names are also kept confidential upon customer request.
For further information, please contact: paul.downing@prostep.com