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by Chris Chiappinelli, MA Editorial Staff Posted on Friday, April 27, 2007 4:20:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | Dassault sees stronger demand for its product lifecycle management technology and announces an acquisition and a new 3D product; competitor PTC marches toward its $1 billion revenue goal. |
| Keywords: | Product lifecycle management, PLM providers, Dassault, PTC, quarterly earnings, PLM market growth, PLM leaders, ICEM, collaborative product design, 3D design, Acrobat 3D, 3D Live, digital manufacturing, product design |
In announcements that exceeded growth predictions for the sector, two product lifecycle management software providers this week revealed double-digit improvements in year-over-year sales. Dassault Systemes and Parametric Technology Corp. (PTC), two of the leaders in the PLM market, parlayed strong demand for their product development and collaboration tools into healthy quarters, both ended March 31, 2007. For France-based Dassault, revenue for the first quarter of 2007 spiked 15% to €290.9 million. On a conference call today with analysts to discuss the results, Dassault President and CEO Bernard Charles said the company's March 2006 acquisition of MatrixOne has begun to pay dividends. Dassault nested the MatrixOne technology in its ENOVIA product data management offering, giving the suite more business process workflows and templates. Revenue from ENOVIA jumped 139% in the quarter; excluding the impact of MatrixOne, the growth was still a strong 29%. [Click to continue] |
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