Apr 30, 2011

Frost & Sullivan Recognizes VISTAGY for Innovative, Productive, Customer-Driven Engineering Solutions

VISTAGY's consistent performance and increasing customer base a validation of its superior solution suite.

MOUNTAIN VIEW - Based on its recent analysis of the composites design engineering solutions market, Frost & Sullivan recognizes VISTAGY with the 2011 Global Frost & Sullivan Award for Customer Value Enhancement. VISTAGY’s customer-centric suite of design engineering solutions is widely appreciated by end-users for its ability to solve complex design and manufacturing issues. Its pioneering solutions address issues that have not been effectively addressed by other competitors, enabling VISTAGY to achieve significant mindshare among end-users.

The prevalence of generic, highly commoditized computer-aided design and manufacturing solutions has spawned an opportunity for applications that add value by addressing the industry-specific needs of designers and manufacturers. VISTAGY has seized that opportunity by developing software that enables the creation of better designs and the use of innovative materials geared specifically to the automotive, aerospace, wind and marine industries.

"With its domain expertise and industry-specific software solutions, the company propagates frugal engineering among its end-users, thereby increasing efficiency in production and reducing total cost," said Frost & Sullivan Program Manager, Arunkumar Janarthanan. "VISTAGY’s solutions complement existing computer-aided design (CAD) and product lifecycle management (PLM) solutions, thereby enabling end-users to retain their existing CAD infrastructure, while enhancing the performance of their design engineering operations."

The company’s innovative core technology, domain expertise, and process knowledge, has consistently delivered solutions that address these end-user challenges by enabling engineers to "work how they think." As a result, the company has been able to add significant value to its products.

VISTAGY is at the forefront of developing technologies that can address challenges associated with mass production of automobiles, ensuring better designs and design techniques. In the aerospace industry, there are numerous challenges associated with the integration of composites in the ultimate airframe assembly process. It is essential to have a design environment that is flexible enough to handle the integration challenges.

VISTAGY’s AeroSuite™, a pioneering, integrated solution suite, addresses these challenges with an enhanced scope that covers the design, assembly, manufacturing and quality process. While FiberSIM®, a composites engineering solution, enables VISTAGY to provide an innovative design engineering environment, SyncroFIT® has enabled VISTAGY to address complex issues associated with efficient design and manufacturing of airframe assemblies and its associated fasteners, as well as supply chain complexities. This integrated solution offering has enabled aerospace industry end-users to address complex engineering and assembly issues while reducing development time.

VISTAGY has also developed a significant presence in the rapidly emerging wind energy market as leading manufacturers have adopted FiberSIM to enable them to enhance and streamline their entire design-to-manufacturing processes for composite wind blades

VISTAGY's Seat Design Environment™ (SDE) is one more example. While the seat trim cover designing concept has been traditionally conducted in 2-D, VISTAGY, through its SDE, allows 3-D modeling for seat trim designs, thereby ensuring faster time to market, optimal material usage, reduced total engineering costs, and improved cost forecast predictability

To maintain its leadership position, VISTAGY has leveraged technological partnerships with research/educational institutions to consistently deliver innovative design engineering software for new materials and processes, while its partnerships with leading PLM and CAD solution providers—including Siemens PLM, PTC, and Dassault—demonstrate its product capability as an enabling technology for end-users.

"VISTAGY's holistic and innovative solutions enabled it to achieve a 29 percent revenue growth and 36 percent software license growth in 2010," said Janarthanan. "The ability to consistently grow and expand into new markets at a significant pace is a clear reflection of VISTAGY's solution strength as well as customer confidence."

Overall, VISTAGY, with its innovative suite of solutions, effectively differentiates itself as a key enabler of sustainable manufacturing. The industry-specific software solutions that help manufacturers do more with less by optimizing material usage, innovating newer processes, and incorporating new materials, positions VISTAGY products as a solution of choice in the composites design engineering space.

In recognition of these achievements, Frost & Sullivan is proud to present VISTAGY with the 2011 Global Frost & Sullivan Award for Customer Value Enhancement in the composites design engineering solutions market.

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. This award recognizes the company's inordinate focus on enhancing the value that its customers receive, beyond simply good customer service, leading to improved customer retention and ultimately customer base expansion.

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices in the industry.