Oct 31, 2011

World's Largest Optical Telescope Being Developed with Autodesk Vault Software

European Southern Observatory Telescope to Record Images of Earth-Like Planets Outside Solar System.

What do Earth-like planets outside the Solar System look like? The European Southern Observatory (ESO) is in the midst of designing the world’s largest optical telescope with help from Autodesk Vault data management software, among other Autodesk, Inc. (NASDAQ: ADSK) solutions, to record images of these planets for the first time.

One of the world’s preeminent institutions for astronomical research, the ESO is currently fine-tuning the design of the European Extremely Large Telescope (E-ELT), which is expected to become operational early in the next decade. The core of the E-ELT is a mirror measuring nearly 40 meters (132 feet) in diameter. This mirror consists of nearly 800 segments each 1.4 meter (about 4.5 feet) across and 50 millimeters thick. The telescope main structure weighs about 2,700 tons. The E-ELT will be capable of gathering 15 times more light than today’s current cutting-edge telescopes — all of which are about 10 years old, with mirrors measuring just 8 to 12 meters (24 to 40 feet) in diameter -- and gather a staggering 100 million times more light than the human eye.

The improvements will enable astronomers to more precisely study primordial galaxies and black holes. The E-ELT’s powerful instruments will also help scientists probe more deeply for organic molecules and water, the essential signs of life, in the planetary disks that surround distant stars.

Ensuring the accuracy and functionality of the E-ELT is of paramount concern to the ESO and will require the coordinated efforts of scientists, engineers, contractors and other professionals over the next several years. Autodesk Vault software helps engineers start the design with a common understanding and allows the numerous individuals involved with the project to generate, examine, compare and update CAD models generated by different teams.

Additionally, ESO designers and engineers use Autodesk Inventor software for 3D mechanical design, product simulation and design communication in conjunction with Vault to keep the team synchronized throughout the design project while collaborating to design critical systems that require extra attention.

“All that perfect light that’s been traveling for 13 million light years gets distorted once it hits the atmosphere in those last few micro-seconds,” said Paul Jolley, head of mechanical and cryogenic engineering for ESO. “The E-ELT will help us re-image this light and study the distant universe like we have never been able to before. Autodesk software is saving us design costs and training time as our teams more quickly and effectively compare and visualize 3D designs.”

The Astronomical Benefits of Digital Prototyping

ESO engineers leverage Autodesk software to design the specifications for the optical system inside the E-ELT. Inventor software is the tool used to help define the “space envelope” around different mechanisms. Autodesk Navisworks software is also being used to help designers and non-CAD users compare multiple CAD drawings, visualize them and check for interferences in 3D.

Autodesk Vault coordinates workflow and translates underlying data models to ensure work proceeds in a timely manner. Although the ESO is a European organization, the E-ELT will be located in Chile’s Atacama Desert, an area subject to earthquakes. Some instruments will operate in cryogenic chambers chilled to 77 degrees Kelvin, or as cold as liquid nitrogen. Housing will also have to be built to accommodate people working on the project and researchers who will later study the universe with the E-ELT. Additionally, the telescope will be inside a purpose-built enclosure that is 86 meters (282 feet) in diameter and 79 meters (259 feet) in height.

“To say that precision is necessary for ESO’s work is a huge understatement,” said Robert “Buzz” Kross, senior vice president, Manufacturing Industry Group at Autodesk. “Minute changes on one aspect of the project can have tremendous repercussions elsewhere, and Autodesk software is helping ESO alleviate the possibility of unforeseen consequences.”

European Southern Observatory

ESO, the European Southern Observatory, is the foremost intergovernmental astronomy organization in Europe and the world’s most productive astronomical observatory. It is supported by 15 countries: Austria, Belgium, Brazil, the Czech Republic, Denmark, France, Finland, Germany, Italy, the Netherlands, Portugal, Spain, Sweden, Switzerland and the United Kingdom. ESO carries out an ambitious programme focused on the design, construction and operation of powerful ground-based observing facilities enabling astronomers to make important scientific discoveries. ESO also plays a leading role in promoting and organizing cooperation in astronomical research. ESO operates three unique world-class observing sites in Chile: La Silla, Paranal and Chajnantor. At Paranal, ESO operates the Very Large Telescope, the world’s most advanced visible-light astronomical observatory and two survey telescopes. VISTA works in the infrared and is the world’s largest survey telescope and the VLT Survey Telescope is the largest telescope designed to exclusively survey the skies in visible light. ESO is the European partner of a revolutionary astronomical telescope ALMA, the largest astronomical project in existence. ESO is currently planning a 40-meter-class European Extremely Large optical/near-infrared Telescope, the E-ELT, which will become “the world’s biggest eye on the sky.“

Team ETHOS Uses SolidWorks Design and Simulation for Punkin' Chunkin' World Championship

One of the first ancient siege engines, the catapult, was invented by the ancient Greeks for use in battle. Thousands of years later, Americans in a field in Delaware use those same devices to “chunk” pumpkins in an annual, pulp-filled competition. Many of today’s competitors, like Team ETHOS, have a secret weapon—they use SolidWorks® 3D design software to design and analyze their catapults for optimum performance.

Team ETHOS, a group of hobbyists from Wright Patterson Air Force Base, Ohio, uses SolidWorks 3D design solutions to design and simulate their catapult to compete in the Punkin’ Chunkin’® competitions. They use a siege engine relying on torsion, or twisting, power to propel the projectiles. In 2009, the team’s SolidWorks design led to a first place finish in the Adult Torsion Catapult category of the World Championship with a throw of 2,088 feet.

The World Championship Punkin’ Chunkin’ Association (WCPCA) is a non-profit association started in 1986 that hosts the Punkin’ Chunkin’ World Championships, which raises money for scholarships and charitable organizations. The contest has a simple goal: to throw an 8-pound pumpkin the farthest, remaining intact until it hits the ground. In addition to the World Championship, Team ETHOS also competes in a fundraising pumpkin chunk at the Wright Patterson AFB. This year the team’s Phoenix catapult raised $900 for charity with a shot of 2,972 feet, easily winning the contest.

In 2008-9, Team ETHOS re-designed its catapult, now called Phoenix, using SolidWorks software. They started with several designs in SolidWorks and evaluated each design’s manufacturability in the carbon-fiber composite, steel, and aluminum they use to build the catapult. Once they selected the final design, the team performed a stress and dynamics analysis with SolidWorks Simulation to understand how the catapult would function under real-world operating conditions. Any time something in the build didn’t work quite right, the team was able to easily remodel the parts in SolidWorks.

“SolidWorks is integral to everything we do for Phoenix. We use it to virtually test weights, motion, clearances, stress and dynamic analysis,” said David Mollenhauer, senior materials engineer. “It’s a complete game changer for the way we design things. At the same time, the software is very intuitive — I was able to teach myself how to use it.”

The combination of SolidWorks 3D Design and SolidWorks Simulation software allows Team ETHOS to analyze every aspect of the catapult. The team can evaluate force and stress between contacting parts and apply bearing loads, force, pressure, and torque while optimizing the design based on structure and motion. Team ETHOS also works with a CNC machinist, who also donates time, to execute the high-precision aluminum machining for the catapult. SolidWorks drawings are easily translated into a form the machinist can use, resulting in parts that fit the first time.

“It’s great to see people come together to use physics for fun. While the Punkin’ Chunkin’ event is designed for hobbyists, it’s also a testimonial to the role of physics and design in our everyday lives,” said Stephen Endersby, simulation product manager for Dassault Systèmes SolidWorks Corp. “Team ETHOS has combined form, function, and entertainment with its design for the world championship competition. We can’t wait to see how Team ETHOS performs this year.”

Watch Team ETHOS square off against five other teams in the Adult Torsion Catapult category of the World Championship Punkin’ Chunkin’ beginning on November 4, 2011. Discovery and Science channels will air the competition on November 24, 2011. Check your local TV listings for details. More information about how SolidWorks can help you design a catapult is available at http://www.solidworks.com/Sim_Complex_PumpkinChunkin_DOWNLOAD.

Delcam urges UK manufacturing companies to maximise tax benefits

UK companies can save money by investing in Delcam software during their current financial year.

Delcam is encouraging manufacturing companies to make the most of changes in the Annual Investment Allowance by investing in new or additional CADCAM software during their current financial year. This could significantly reduce the net costs of their investment since the potential tax savings could be up to £20,625 based on the current marginal corporate tax rate.

The Chancellor, George Osborne, announced changes to the Annual Investment Allowance in his emergency budget on 22 June 2010. For the current fiscal year, qualifying capital expenditure of up to £100,000 by a business can qualify for 100% deduction when calculating taxable profits. CADCAM software and the associated computer hardware will normally be classed as qualifying expenditure. This limit will be reduced to only £25,000 per annum from April 2012.

Sole traders and partners that are paying higher-rate tax have the potential to reduce their net investment by even more as they can save tax at 40%, or even 50%, on their expenditure.

"We believe that any investment in Delcam software will boost the productivity and profitability of our customers,” commented Delcam UK General Manager, Steve Creron. "The opportunity to reduce their tax bills is a welcome additional benefit that they can enjoy, provided that they purchase the software during their current financial year.”

Call For Speakers Opens for 2012 Collaboration & Interoperability Congress (CIC)

Event welcomes presentations from engineering and manufacturing community.

Longview Advisors, organizers of the annual Collaboration & Interoperability Congress (CIC), today opened its call for speakers for the 2012 event (www.3dcic.com) to be held May 21 to 23 in Denver, Colorado.

Now in its ninth year, CIC is the only vendor-neutral event in the world addressing collaboration and interoperability in manufacturing and business communications. The three-day international event gives attendees a unique opportunity to network, learn and strategize with thought leaders from automotive, aerospace, heavy equipment, electronics industries, as well as with representatives from government and defense communities.

Conference organizers are looking for presentations from product designers, engineers, IT professionals or supply chain/downstream experts which focus on strategies, trade-offs and/or implementation case stories of real-world solutions in the following areas:

Building collaborative PLM into the global supply chain, including such topics as change order management, intellectual property security and management
Digital product data deployment beyond engineering
Integration of the supply chain into PLM processes
Leveraging social media within corporate and with suppliers
Design-analysis/simulation or design-manufacturing interoperability
PLM migration and legacy data management
Collaboration & interoperability technology and implementation

Anyone interested in speaking at the event should send a proposed title, abstract (250-word maximum), and brief biography to David Prawel at Longview Advisors (dprawel@longviewadvisors.com) by December 30, 2011.

Longview Advisors is pleased to announce free access to all presentations and audios from previous CIC events, now available at www.3dcic.com.

Tata Technologies Partners with Supermicro® to Provide Complete High Performance Computing Solutions for Product Engineering and the Mfg Industry

Tata Technologies, a global leader in Engineering Services, Outsourcing and Product Development IT, announces a partnership agreement with Supermicro® (NASDAQ: SMCI), a leading provider of high-performance, high-efficiency server technology innovation for Enterprise IT, Cloud Computing, HPC and Embedded Systems worldwide.

Tata Technologies will work closely with Supermicro to provide scalable and cost-effective solutions for PLM, Modeling, and Simulation to meet the demand for faster, more complex product engineering support within the manufacturing industry. With development cycles shrinking and time-to-market driving business opportunity, implementing systems that enhance, streamline and automate engineering and manufacturing operations becomes a high priority initiative.

“Global competition continues to increase within the engineering and manufacturing industry. Tata Technologies’ customers rely on our solutions and services to assist them in delivering innovative products to market faster than their competition and to efficiently manage those products throughout their lifecycle,” said Craig Radomski, Tata Technologies Vice President PLM Solutions NA. “Our relationship with Supermicro provides us with the most advanced, leading-edge server solutions to help our customers achieve this goal.”

“Our collaboration with Tata Technologies provides the Manufacturing Industry with end-to-end CAE solutions,” said Tau Leng, General Manager of High Performance Computing at Supermicro. “We anticipate Supermicro’s application optimized HPC solutions combined with Tata Technologies applications and service expertise will enable innovative technological and competitive advantages for our customers.”

From high-end workstations to shared HPC resources with individual or large teams of engineers performing compute-intensive modeling and simulation, Tata Technologies’ partnership with Supermicro will deliver a complete array of systems, software and services for advancing digital manufacturing.

Tata Technologies, founded in 1989 and a part of the Tata group, is a global leader in Engineering Services Outsourcing (ESO) and Product Development IT services solutions for Product Lifecycle Management (PLM) and Enterprise Resource Management (ERM) to the world’s leading automotive and aerospace manufacturers and their suppliers.

Tata Technologies is headquartered in Singapore, with regional headquarters offices in the United States (Novi, Michigan), India (Pune) and the UK (Coventry). The company has a combined global work force of more than 4,500 professionals serving clients worldwide from facilities in North America, Europe and the Asia-Pacific region.

Supermicro® (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology provides advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, HPC and Embedded Systems worldwide. Supermicro is committed to protecting the environment through its "We Keep IT Green®" initiative by providing customers with the most energy-efficient, environmentally-friendly solutions available to the market.

Artec and Rapidform Join Forces to Provide World Class 3D Scanning Solutions

Artec Group, Inc. and INUS Technology, Inc. have recently signed a common sales agreement combining Artec’s affordable, easy-to-use, handheld 3D scanners with INUS’ industry leading scanning software Rapidform. Through this agreement, these two companies are able to offer a complete and extensive reverse engineering solution in the world of 3D.

INUS Technology, Inc. is a leader in the 3D scanning software market and maker of Rapidform – a well-known name in the field of reverse engineering, inspection and scan data processing. Artec Group manufactures versatile, easy-to-use 3D scanners allowing users to scan objects of different sizes in seconds.

“By signing a cooperation agreement”, commented Sergey Suhovey, Chief Business Development Officer at Artec, “both companies affirm that the products work well together and as a bundle, and will serve as a great tool to all customers looking for a reliable and proven solution in reverse engineering. Moreover, together, we hope to move into other industries by developing solutions catered to specific applications.”

Calvin Hur, CEO of INUS Technology, said “We are excited by this opportunity to partner with an energetic and innovative 3D scanner manufacturer. Artec’s 3D scanning technology is very compelling and we have a number of customers already using Artec scanners with Rapidform to do amazing things. This agreement allows us to provide more integrated solutions to customers around the world.”

ANSYS CEO to Present at UBS Global Technology and Services Conference

ANSYS, Inc. (NASDAQ: ANSS), announced today that James E. Cashman III, president and chief executive officer of ANSYS, Inc., will present a company overview and answer questions at the UBS Global Technology and Services Conference on Wednesday, November 16, 2011, at 10:00 a.m. Eastern Time. A live audio web cast and archive will be available at http://investors.ansys.com

ANSYS brings clarity and insight to customers' most complex design challenges through fast, accurate and reliable engineering simulation. Our technology enables organizations ― no matter their industry ― to predict with confidence that their products will thrive in the real world. Customers trust our software to help ensure product integrity and drive business success through innovation. Founded in 1970, ANSYS employs more than 2,000 professionals, many of them experts in engineering fields such as finite element analysis, computational fluid dynamics, electronics and electromagnetics, and design optimization. Headquartered south of Pittsburgh, Pennsylvania, U.S.A., ANSYS has more than 60 strategic sales locations throughout the world with a network of channel partners in 40+ countries. Visit www.ansys.com for more information.

Oct 28, 2011

STAR-CCM+ v6.06: Faster, Better, and Wider

CD-adapco, the world's largest independent CFD-focused provider of engineering simulation solutions announced today the release of STAR-CCM+ v6.06. STAR-CCM+ is CD-adapco’s simulation solution for solving multidisciplinary engineering problems.

“Released three times a year, each new version of STAR-CCM+ is focused on improving customer satisfaction,” says Senior VP of Product Management Jean-Claude Ercolanelli. “We set ourselves a very high standard in this regard and our success is confirmed by our users: in our annual 2011 customer survey, 97% of CD-adapco users said that they would recommend our software.”

STAR-CCM+ v6.06 ensures higher throughput and offers:

FASTER turnaround times: support of parallel I/O file systems, new sparse solver for electrical solutions, quicker polyhedral meshing, and new CAD reading technology
BETTER application coverage: improved process for Li-ion batteries simulation, new physical models for Eulerian multiphase flow and LES combustion
WIDER multidisciplinary solution: simulation of electromagnetics and electrical fields, and import of SPEED models for flow and thermal analyses of electrical devices

Improvements to the User Environment

Optimizing License Resources: A new flexible licensing approach is adopted, meaning that users can take, reserve, or release licenses for add-on modules (such as Battery Simulation Module, DARS-CFD, JTOpen Reader, and CAD Exchange Reader) from within their working session.

New and Improved Tutorials: a selection of new tutorials is available to guide users through the use of newly implemented features, or those that have been enhanced.
Geometry Preparation and Surface Meshing

CAD Clients: Live Model Checker provides feedback of model validity during the setup process, checking for consistency and conflicts. Upfront flow and thermal simulations can also be run in parallel from within your CAD environment.

Geometry Import: New CAD Exchange readers deliver improved reliability and speed when reading native CAD parts and assemblies.

3D- CAD: Import 3D splines or sheet bodies that can be used as the basis for creating a solid body for analysis purposes.
Engineering Physics

SPEED Integration: Directly import models from CD-adapco’s new electric machines tool and generate a 3D analysis-ready STAR-CCM+ model. Thermal fields can be transferred onto the imported geometry, allowing full flow and thermal analysis of the electrical device.
Electromagnetics: STAR-CCM+ has a new solver for Magnetic Vector Potential, which operates in stationary and transient mode and couples to electrical potential solver for electromagnetic problems. Solver can simulate both linear and non-Linear materials.

Sample Applications: Electric motors, Alternators, Generators, Transformers, etc.

Eulerian Multiphase: Building on existing features to provide a complete solution for multiphase analysis, the addition of a wall-boiling model enables analyses of sub-cooled liquid boiling. S-Gamma population balance model can predict particle or bubble size distribution.
Sample Applications: IC engine water jackets; Nuclear fuel rod cooling; Food and chemical processing

Liquid Film: the latest version completes the STAR-CCM+ liquid film capability, broadening its applicability and scope. An edge-stripping model automatically removes film and injects droplets when a sharp edge is reached. Energy transport is now possible within a liquid film.
Sample Applications: Vehicle soiling and Brake cooling

Battery Simulation Module: a pipeline process allows battery set up modifications to be automatically re-executed. STAR-CCM+ v6.06 also allows arbitrary polyhedral meshing for the battery cells and for creating a conformal mesh between posts, tabs, surrounding fluid, mountings, etc. A new sparse solver for electrical solutions is also included. Together these new features provide a significant speedup of solution times.

Materials: a user-defined equation of state for both gasses and liquids gives users full definition of fluid’s behavior in response to changes in pressure and temperature.

Combustion: a Thickened Flame Model for premixed LES combustion artificially thickens flames to allow the flame front to be resolved adequately. Eddy Dissipation Concept (EDC) model for DARS-CFD divides the computational domain into areas where reactions do and do not occur and improves the overall prediction of temperature and species for LES combustion.
Sample Applications: Gas turbine combustors, Flares

Parallel file I/O: takes advantage of parallel file systems such as Panasas, Lustre and GPFS file systems to greatly improve speed of sim file write. Performance is directly related to number of storage blades available.

Separation and re-attachment lines: you can now create a derived part to identify areas where the flow has separated from the surface and where it re-attaches, which may be used to seed streamlines and constrained streamlines, etc.

Try it today!

For a complete information and exhaustive list of all new features in STAR-CCM+ v6.06 or to download the latest version today please visit CD-adapco’s user services site or contact your local office.

Delcam to show new CAM programs in Indonesia

Delcam will show new versions of its PowerMILL, FeatureCAM, PartMaker and Delcam for SolidWorks CAM systems at the Manufacturing Indonesia exhibition to be held in Jakarta from 30th November to 3rd December. PowerMILL is Delcam’s software for high-speed and five-axis machining, while FeatureCAM offers fast and easy-to-use, feature-based programming and PartMaker provides a dedicated solution for Swiss-type lathes and turn-mill equipment. Delcam for SolidWorks provides a fully-integrated CAM system for SolidWorks.

Together, these programs allow companies to program virtually all of their machine tools to cut any material quickly and efficiently, and give a high-quality surface finish. This broad coverage is one of the reasons why Delcam has been ranked as the world’s leading specialist supplier of NC software and services by US analysts CIMdata for the last eleven years.

The 2012 version of PowerMILL, Delcam’s system for high-speed and five-axis machining, includes a number of new strategies, together with more general enhancements to make programming faster and machining more efficient with the best-possible surface finish. The most important of these new options is flowline machining. With flowline machining, the toolpath is divided between a pair of drive curves in a constant number of passes, rather than having a varying number of passes with a constant stepover. This approach gives a better surface finish on the part and minimizes wear on the cutter and the machine tool. For more information about what's new in PowerMILL 2012, visit www.delcam.tv/pm2012/lz

FeatureCAM 2012, the latest version of Delcam’s feature-based programming system, includes a range of enhancements that give faster and easier programming, and produce more efficient toolpaths to give greater machine productivity. Two new strategies are available – back boring and spiral roughing. Back boring allows more parts to be completed in a single set-up, with larger bores able to be produced on the reverse side of the part. Spiral roughing can be used instead of Z-level roughing. It uses a single continuous toolpath instead of a series of levels and so gives a smoother finish with no dwell marks.For more information about what's new in FeatureCAM 2012, visit www.delcam.tv/fc2012/lz

Major highlights of PartMaker 2012, Delcam’s software for turn-mill equipment, bar-fed mills and Swiss-type lathes, include a new module for the simulation of vertical and horizontal machining centers, improved simulation for the latest breed of multi-axis, turn-mill and Swiss-lathe machine architectures, more powerful surface machining strategies, and improved visualization throughout programming, as well as a host of additional productivity enhancements.

The 2012 version of Delcam for SolidWorks, the integrated CAM system for SolidWorks, includes programming of 2D wire EDM for the first time alongside the comprehensive options for the programming of turning and mill-turn equipment, drilling and two- through five-axis milling. Other enhancements include target-part comparison, the ability to compare a model of the desired final shape with the shape achieved by the programmed toolpaths; fully-automated de-burring and chamfering; and multiple-instance programming, the programming of multiple SolidWorks components in one operation. For more information about what's new in Delcam for SolidWorks 2012, visit www.delcam.tv/dfs2012/lz

Oct 27, 2011

Dassault Systèmes to Acquire Elsys

Version 6 as the Convergence Platform for Generative Schematic Documents and 3D Smart Product Definition.

Dassault Systèmes today announced the acquisition of Elsys, an innovative provider of interactive electrical engineering and disruptive multi-discipline generative schematics solutions. Elsys generative technology enables the automatic creation of millions of 2D schematics from functional-logical master data, thereby eliminating the tedious, costly, and error-prone process of interactive manual creation of schematics.

With the Version 6 (V6) collaborative platform, customers across industries are creating smart products to run lifelike experiences. These smart products rely on electronics, electrical or fluidic systems to provide ever more advanced functions. In this context, the goal of the Elsys acquisition is to provide a unique solution allowing Dassault Systèmes customers to associate schematic documents to the real product’s behavior. In addition, all associated schematics related to the design, manufacturing and services of electrical systems will be generated automatically from the functional-logical description. Eventually, thanks to the unique V6 convergence platform, Dassault Systèmes will be able to provide revolutionary multi-disciplinary integrated solutions, from electrical to fluidics to electronics.

Dominique Florack, Senior Executive Vice President, Products, R&D, Dassault Systèmes added: “Over the last 20 years, customers have been longing for Generative Schematic Technology. Although promised many times by many companies, it has never been delivered widely to the market. Furthermore, the need to provide a unique convergence platform for product related documents and 3D is growing as products become more intelligent. I am delighted that Elsys decided to join Dassault Systèmes to help us meet these challenges. We are further demonstrating our commitment to deliver, as part of V6, a game changer multi-disciplinary system engineering optimization and execution solution to meet the need for speed and zero errors.”

“With hundreds of kilometers of wires, electrical systems in modern aircrafts are highly complex and having an integrated solution that brings together our existing electrical applications on a single platform is a must,” said Didier Gondoin, Executive Vice President, Research, Design & Engineering, Dassault Aviation. “We are long-time users of Elsys’ innovative applications, including ELECTRE for electrical schematics, and Elsys has a deep understanding of our electrical processes. We believe that this acquisition will successfully deliver next-generation electrical process integration to Dassault Aviation as a critical feature of our current Version 6 implementation.”

“We are convinced that combining the extensive industry experience, knowledge, and proven solutions of the Elsys team with CATIA state-of-the-art Virtual Product Portfolio is the only way to address current and future industry challenges, among them, to deliver zero default systems,” said Jacques Goldstein, Managing Partner R&D, Elsys.

Elsys provides innovative software and services to industries which develop products combining mechanical and electrical technologies and require specialized electrical diagram, bundle and harness design, and wiring applications. The product portfolio includes electrical schematics (ELECTRE), 3D electromechanical integration (CATELECTRE) and PDM connectors. ELSYS has been selected by major international companies from aerospace, automotive and shipbuilding industries as their preferred solution to cover their electrical engineering needs.

Sescoi to bring its automotive experts to Indian WorkNC road shows

During November, Sescoi will be holding two WorkNC CADCAM road shows, in Pune and Chennai in India. Focused on the application of its software in the automotive industry, at these road shows delegates will be able to learn how OEMs and suppliers using WorkNC’s advanced 2 to 5 axis CNC programming technology are achieving remarkable improvements in efficiency and productivity.

WorkNC has been adopted by the majority of leading automotive OEMs and their suppliers for many years. These include BMW, Audi, Volkswagen, Rolls Royce, Bentley, Jaguar Land Rover, Mercedes Benz, Peugeot, Renault, Citroen, Ford and General Motors.

To give Indian engineers insight into state-of-the-art CADCAM and the advantages of WorkNC within the automotive supply chain, Sescoi is bringing two of its leading experts in the field to the events. Werner Moeller, General Manager of Sescoi Germany, and Robert Endl, Head of WorkNC CAM R&D in Germany between them have over 40 years of experience in the application of CAM software in this specialized industry. Through a series of presentations, including case studies, Indian engineers will hear about German automotive OEMs best practice and future developments in WorkNC.

Sescoi’s engineers will also be demonstrating the WorkNC Laser hardening, welding, trimming and polishing applications, WorkNC’s new Machine Limit Management, and offering a preview of the all new WorkNC Stamping functionalities–easy to use, high performance, flat surface roughing and finishing specifically for press tools.

The roadshows will also be the first showing in India of WorkNC V21, the latest multi-threading, 64 bit version of WorkNC, which transforms programming speed, by a factor of up to 10 times on some parts.

Majenta to host Autodesk Vault Data Management Days

Brentwood, Essex – Majenta Solutions Ltd., one of Europe’s leading providers of product development, manufacturing, product lifecycle information management software and IT infrastructure solutions, will be hosting free to attend Autodesk Vault events throughout November, exploring the full features and benefits of this leading data management software solution.

The data management days will be held at convenient UK locations, with the agenda consisting of a technical and business benefit overview, open Q&A session with industry experts, followed by a hands-on test-drive experience. Attendance is expected to be high for these events, so Majenta recommend that you register your place as soon as possible to avoid disappointment.

Further information and event dates can be found by visiting the following Majenta page:

Dassault Systèmes Reports Strong EPS Growth and Operating Margin Expansion in Third Quarter

Dassault Systèmes (Paris:DSY) (Euronext Paris: #13065, DSY.PA) reports IFRS unaudited financial results for the third quarter and nine months ended September 30, 2011. These results were reviewed by the Company’s Board of Directors on October 26, 2011.


Revenue, operating margin and earnings per share above Company’s objectives
EPS up 18.5% (non-IFRS) and 34.8% (IFRS)
Increasing Full Year 2011 financial objectives for Q3 outperformance
Setting 30% non-IFRS operating margin objective for 2011

Bernard Charlès, Dassault Systèmes President and Chief Executive Officer, commented, “We are pleased with our third quarter financial performance. Our non-IFRS total revenue, up 9% in constant currencies, was particularly gratifying given the very high year-ago comparison base. The quarter’s performance was driven by solid demand from customers and the benefits we are deriving from our addressable market expansion. With a dynamic first half and third quarter above our expectations, we are increasing our full year financial objectives.

“The third quarter’s sales growth benefited from favorable dynamics across our three sales channels. In Enterprise direct sales, the value of V6 as an open integration platform was demonstrated by leading companies’ engagements in the automotive, high tech, energy and industrial equipment sectors as well as a number of mid-sized transactions. In addition to new V6 clients, several large customers have moved into the deployment phase with V6. Along with our direct sales channel, our SMB sales channels have been experiencing good demand, driven by the value of supply chain integration and this quarter was no different.”

IFRS and non-IFRS total revenue increased 11% and 9%, respectively, reflecting growth in both software and services and other revenue. IFRS and non-IFRS software revenue increased 11% and 10%, respectively. Services and other revenue increased 8%. (All figures in constant currencies.)
By region, revenue growth was highest in Europe during the third quarter reflecting several multi-brand transactions in the automotive, high tech, energy and industrial equipment sectors.
New licenses revenue increased 7% (IFRS and non-IFRS) in constant currencies and reflected a strong comparison base to the year-ago period where new licenses revenue increased 54% in constant currencies.
Recurring software revenue rose 12% (IFRS) and 10% (non-IFRS) in constant currencies reflecting growth in maintenance from higher new licensing activity and strong maintenance renewals and rental licensing.
IFRS PLM software revenue increased 11% in constant currencies. Non-IFRS PLM software revenue increased 9% with CATIA software revenue higher by 7%, ENOVIA by 10% and Other PLM by 16% which includes SIMULIA and DELMIA as the largest components. (All growth comparisons in constant currencies.)
SolidWorks (Mainstream 3D) software revenue increased 11% in constant currencies on both an IFRS and non-IFRS basis. New SolidWorks commercial seats licensed in the third quarter increased 11% to 11,748 seats.
Earnings per diluted share and operating margin increased significantly on both an IFRS and a non-IFRS basis, reflecting principally revenue growth and operating margin expansion. IFRS earnings per diluted share increased 35% to €0.62. Non-IFRS earnings per diluted share increased 18% to €0.77 and non-IFRS operating margin increased 400 basis points to 32.0%.

2011 Nine Month Financial Summary

IBM PLM operations acquired by Dassault Systèmes have been merged into the Company’s operations within its PLM business segment since April 1, 2010. As previously disclosed, the IBM PLM share of Dassault Systèmes software revenue was estimated at approximately €50 million for the 2010 first quarter.

IFRS total revenue increased 18% and non-IFRS total revenue increased 17% primarily driven by software revenue growth of 19% (IFRS) and 17% (non-IFRS), respectively, and by services and other revenue growth of 9%. (All figures in constant currencies.)
By region, revenue growth was well balanced across Europe, the Americas and Asia.
IFRS and non-IFRS Software revenue growth reflected new licenses revenue growth of 22% in constant currencies and double-digit growth in recurring software revenue.
Specifically, recurring software revenue increased 17% (IFRS) and 15% (non-IFRS) in constant currencies benefiting from growth in maintenance from new licensing activity, high renewal rates and the IBM PLM acquisition and growth in rental licensing.
IFRS PLM software revenue increased 21%. Non-IFRS PLM software revenue increased 19% with CATIA, ENOVIA and Other PLM all growing by 19%. (All figures in constant currencies.)
SolidWorks software revenue increased 13%. New SolidWorks commercial seats licensed during the first nine months of 2011 increased 18% to 35,769 seats. (All growth figures in constant currencies.)
Net income per diluted share increased 39.8% to €1.65 (IFRS) and 22.8% to €2.05 (non-IFRS) per share. IFRS operating income increased 48.1% to €292.2 million and the operating margin improved to 23.0%. On a non-IFRS basis, operating income increased 27.8% to €374.7 million and the non-IFRS operating margin expanded 320 basis points to 29.5%. The strong increase in earnings per share on both an IFRS and non-IFRS basis was driven by revenue growth and operating margin expansion offset in part by higher income tax expense for the 2011 nine-month period.

Cash Flow and Other Financial Highlights

IFRS net operating cash flow increased to €101.1 million for the 2011 third quarter, compared to €51.1 million in the year-ago period. IFRS net operating cash flow increased to €382.4 million for the 2011 nine-month period, compared to €316.7 million for the 2010 respective period. During the 2011 third quarter, the Company received cash of €19.9 million for stock options exercised and completed share repurchases in the amount of €54.4 million to offset share dilution from the exercise of options in connection with the 2011 expiration of several major ten-year stock option programs.

The Company’s net financial position, comprised of cash, cash equivalents and short-term investments less long-term debt, was €1.04 billion at September 30, 2011, compared to a net financial position of €845.7 million at December 31, 2010. The Company’s cash, cash equivalents and short-term investments totaled €1.33 billion and long-term debt was €289.2 million at September 30, 2011 compared to €1.14 billion and €293.4 million, respectively at December 31, 2010.

Summary Business, Technology and Corporate Highlights

International Fashion Company, s.Oliver, Improves Collaboration and Increases Efficiency in the Garment Manufacturing Process with Dassault Systèmes. s.Oliver has selected Dassault Systèmes’ Version 6 PLM solution as its global platform for design and development, to ensure constant availability of all the up-to-date information required to create and manufacture new collections. s.Oliver is using ENOVIA Version 6 to streamline product line complexities, achieve lead-time reduction, and enhance global collaboration. The ENOVIA Apparel Accelerator for Design & Development provides deep, domain-specific apparel design and production capabilities to meet fashion industry needs.

First Online, Co-Created Military Vehicle Delivered Through Collaboration of Local Motors, Dassault Systèmes and Over 12,000 Community Members. Dassault Systèmes has teamed with Local Motors to deliver the first co-created military vehicle. Local Motors’ community was asked to develop a vehicle body design that could support two types of missions – Combat Reconnaissance and Combat Delivery & Evacuation. Thanks to Dassault Systèmes’ Version 6 platform and Local Motors’ expertise in crowd-based design and manufacturing, the winning vehicle went from concept to working prototype in less than six months.

SolidWorks 2012 Delivers Design Solutions to Drive Business and Design Team Productivity. Dassault Systèmes SolidWorks unveiled SolidWorks 2012, a comprehensive 3D design solution that enables users to work more efficiently and access the data they need to make better design decisions throughout the product development process. Benefits take shape throughout SolidWorks 2012 with a variety of improvements in areas such as assembly and drawing capabilities, built-in simulation, design costing, routing, image and animation creation and product data management that will positively impact design teams each and every day.

Dassault Systèmes Reinforces Electrical Strategy with Acquisition of Elsys. As detailed further in a separate press release issued today, Dassault Systèmes has acquired Elsys, a privately-held company based in Brussels and Lyon providing electrical engineering PLM solutions. With this acquisition, the CATIA Version 6 portfolio is extended with the capability to address all aspects of the electrical Logical and Manufacturing definitions to meet today’s compelling need for an end-to-end, fully integrated, electrical design to manufacturing solution. ELSYS has been selected by major international companies from aerospace, automotive and shipbuilding industries as their preferred solution to cover their electrical engineering needs.

Dassault Systèmes at the Forefront of Next-Generation PLM Composites Solutions. As previously disclosed, on October 4th, Dassault Systèmes acquired Simulayt Limited, a leading composites simulation and advanced draping simulation technology provider. This acquisition reinforces Dassault Systèmes longstanding leadership in providing PLM composites solutions for sustainable innovation, addressing a key challenge facing manufacturers in industries ranging from aerospace and automotive to consumer goods and energy ─ how to predict and optimize the behavior of materials, minimizing their weight while increasing their performance.

Launched “Staying Alive” - Teaching People How to Administer First Aid Using 3D Online Experience Platform. Developed in partnership with iLUMENS, a medical laboratory from Paris Descartes University, this project uses simulation technologies for medical training and demonstrates Dassault Systèmes commitment to combating the issue of heart attacks, one of the public health sector’s biggest concerns, and it also explores new horizons for its digital solutions.

Dassault Systèmes will hold its US Customer Conference 2011 November 8-10th. This year’s theme is “Innovation in Life” and is dedicated to revealing how industry and technology leaders are using Dassault Systèmes’ software solutions, including Dassault Systèmes groundbreaking Version 6 technology, in order to innovate and develop new ideas, products and experiences in an immersive lifelike environment. Conference keynote speakers will include Bell Helicopter, Johnson and Johnson’s Medical Devices and Diagnostics Sector, Local Motors and KLA-Tencor.

Other Corporate Information

On July 29, 2011, Dassault Systèmes filed its 2011 Half Year financial report with the French “Autorité des marchés financiers”. The 2011 Half Year financial report and an English language translation of this document are available on the Company’s website.

Business Outlook

Thibault de Tersant, Senior Executive Vice President and CFO, commented, “Broad customer demand for our software products drove third quarter results, with revenue, operating margin and EPS coming in above the high end of our objectives. All of the revenue upside came through to earnings contributing to non-IFRS EPS growth of 18.5% and a non-IFRS operating margin of 32% in the third quarter, well ahead of our goals.

“We are increasing our 2011 financial objectives to incorporate the third quarter revenue over-performance leading to a 2011 non-IFRS total revenue growth outlook of 12% to 13% in constant currencies and non-IFRS earnings per share growth of about 14% to 16%.

“Thanks to our top-line dynamic in tandem with our work in leveraging the Company’s infrastructure, we are well positioned to reach our 30% non-IFRS operating margin goal this year, substantially in advance of our plans. Importantly, this approach has enabled us to increase staffing by 7% over the last 12 months to drive forward our customer, technology and market initiatives.”

The Company’s current objectives are as follows:

Fourth quarter 2011 non-IFRS total revenue objective of about €455 to €465 million, non-IFRS operating margin of about 33% and non-IFRS EPS of about €0.80 to €0.85;
Upgrading 2011 non-IFRS revenue growth objective range to 12% to 13% in constant currencies from 11% to 12% previously; (increasing the reported revenue range to €1.725 to €1.735 billion from €1.70 to €1.72 billion previously);
Increasing 2011 non-IFRS operating margin to 30% from slightly in excess of 29%;
Upgrading 2011 non-IFRS EPS range to €2.85 to €2.90 from €2.69 to €2.80 previously; representing growth of about 14% to 16% from 8% to 12%, previously;
Objectives are based upon exchange rate assumptions for the 2011 fourth quarter of US$1.45 per €1.00 and JPY120 per €1.00 and a full year average of US$1.42 per €1.00 and JPY115 per €1.00.

The Company’s objectives are prepared and communicated only on a non-IFRS basis and are subject to the cautionary statement set forth below.

The non-IFRS objectives set forth above are estimated based upon the 2011 currency exchange rates above and do not take into account the following accounting elements: deferred revenue write-downs estimated at approximately €1 million for 2011; share-based compensation expense estimated at approximately €21 million for 2011 and amortization of acquired intangibles estimated at approximately €82 million for 2011. The objectives outlined above do not include any impact from other operating income and expense, net principally comprised of acquisition, integration, restructuring and relocation expenses and certain one-time gains in financial revenue and other, net. These estimates do not include any new stock option or share grants, or any new acquisitions or restructurings occurring after October 27, 2011.

Webcasted Meeting and Conference Call Information

Today, Thursday, October 27, 2011, Dassault Systèmes will first host a meeting in Paris, which will be simultaneously webcasted at 8:30 AM London time/9:30 AM Paris time and will then host a conference call at 9:00 AM New York time/ 2:00 PM London time/3:00 PM Paris time. The webcasted meeting and conference call will be available via the Internet by accessing http://www.3ds.com/company/finance/. Please go to the website at least 15 minutes prior to the webcast or conference call to register, download and install any necessary audio software. The webcast and conference call will be archived for 30 days.

Additional investor information can be accessed at http://www.3ds.com/company/finance/ or by calling Dassault Systèmes’ Investor Relations at

Sensable's Freeform® 3D Organic Design System Helps Maxillofacial Surgical Teams Rebuild Faces -- and Lives -- with Better Implants

Sensable announced that custom facial prosthetics, custom dental and maxillofacial implants, as well as custom surgical guides, created with its Freeform® 3D modeling and design system will be spotlighted at the 2011 American Association of Maxillofacial Prosthetics annual conference starting this Saturday, October 29th in Scottsdale, Arizona. Freeform’s touch-enabled 3D modeling system allows maxillofacial surgeons and prosthetic designers to start with existing CT or MRI scans, then create and manufacture complex and exceptional-fitting restorations in a fraction of the time previously required by producing them by hand – speeding patient access to improved comfort, aesthetics and function.

Also at the conference, speakers from US military medical institutions will cite custom implants and prostheses created using Sensable Freeform, during a session on advances in the use of digital techniques for treating wounded soldiers.

Maxillofacial medicine treats anomalies of the face, skull and jaws, both congenital and acquired, through surgery and custom-made implants and appliances. Prosthetists – specialists in designing and fitting restorations – are going digital, and rely on Freeform as their go-to tool for the prosthetics-making process.

“FreeForm allows us to help surgeons rebuild faces -- and lives," said Nancy Hairston, president of MedCAD, a Dallas based custom medical device manufacturer whose custom surgical splints for a complex mandible/maxilla realignment were made on a 3D printer in biocompatible material and are on display at the show. "In the past, custom implants and guides cost a lot more than off the shelf parts. Today, with digital solutions like Freeform, we can create customized parts for the same cost, save time, and with even greater accuracy.”

“With FreeForm, our team can create our ClearShield craniofacial implants at least 50 percent faster , moving from an STL file created from a patient-specific CT scan, through to completed design a 3D model in as little as a week,” said Cynthia Brogan, CEO of Osteosymbionics, whose naturally shaped implants correct cranial defects.

In addition to the above cases, other custom prosthetics and surgical guides designed in Freeform and showcased at the AAMP conference include:

Custom dental guides for complex implant surgeries from ProPrecision Guides of Gainesville FL.
3D study model of an aneurism to help a surgeon better locate and analyze a treatment plan than by using 2D radiology images alone, from service bureau Protowerx of Langley, British Columbia.
An obturator from City University of New York (CUNY), and other complex dental appliances provided to treat congenital deformities or for cancer patients when large sections of their palates must be removed, restoring basic human functions such as speaking, breathing and eating.

As a design solution optimized for organically-shaped products, Freeform saves hours, even days, when designing human forms. Its design-for-manufacturability features allow service bureaus to streamline the process of delivering a completed implant or appliance, as well as custom tools and guides which can aid in surgery, using the latest additive manufacturing techniques and biocompatible materials.

“Precise dental implant placement is paramount to stability, comfort and life expectancies. With Freeform, I can design a typical surgical guide in 15 minutes, instead of 45 minutes. The resulting surgical guide is a perfect fit, and with direct manufacturing, we also avoid the heat, fumes, dust and debris involved when manually forming acrylic guides and grinding them to fit, as well as numerous intermediary steps,” said John Pellerito, principal of ProPrecision Guides.

“Freeform is the one solution I can’t live without in my toolbox,” said Shawn Cherewick, owner of Protowerx. “The product has made it possible for us to take notoriously ‘noisy’ CT scan files, and manipulate their organic shapes so that even jagged and protruding edges of the aneurism – shapes that traditional CAD would choke on - could be produced as models effectively and efficiently like never before.”

Freeform Enables Maxillofacial Implant Designers to:

Easily mirror intact anatomy from one side of the body to the other damaged side, to create perfect symmetry
Split anatomical files at precisely the right location – both standard and non-standard
Intuitively control the position of anatomy and implants
Match jagged or irregular edges – for example, a skull patch for a wounded soldier – at least 5 times faster than traditional CAD
Prep models for rapid manufacturing and tooling quickly and accurately
Readily drive new biocompatible materials and additive manufacturing processes, including

Trabecular metal that supports bone in-growth;
3D printing in a host of new biocompatible resins including polymethyl methacrylate (PMMA)
Milling and traditional casting, in titanium or PEEK

Streamline digital workflows
Scan, then design complex solid models such as in medical applications.
Easily and quickly explore designs and produce study models
Readily create manufacturable files, for example testing insertion directions and draft

“We’re witnessing a revolution in patient-specific manufacturing today, where implants are being designed and produced faster, more accurately and in new materials that provide enormous benefits to patients,” said Joan Lockhart, vice president of marketing, at Sensable. “We’re proud to showcase the innovation of our Freeform customers and demonstrate how they are using our systems to produce transformational implants and prosthetics for patients.”

Delcam launches new website for ArtCAM artistic CADCAM

Delcam has launched a new dedicated website for its ArtCAM family of artistic CADCAM software at www.artcam.com. The site contains details on the various applications where ArtCAM is used and highlights the many business benefits of using the software. Visitors can download free trial versions of the software so they can test it on their own designs.

The software range comprises the low-cost, entry-level version, ArtCAM Express, for users new to CNC machining, ArtCAM Insignia for production machining and ArtCAM Pro for more complex design and manufacturing projects, plus the ArtCAM JewelSmith edition for the jewellery industry.

The programs make it easy to produce sophisticated designs from all types of 2D artwork, even for people that have no previous experience of engineering software. They enable anyone with creative flair, such as artists, designers and engravers, to increase their productivity and raise the quality of their products, by using computerised manufacturing techniques alongside their traditional skills. The software is used successfully in a wide range of industries, including signmaking, furniture manufacture and other types of woodworking, engraving of foil and embossing dies for paper and card, production of coins and medals, and the manufacture of all types of jewellery.

The website includes full details on the complete ArtCAM range, an image gallery featuring customer projects, answers to frequently-asked questions, and links to machine tool partners and other suppliers of interest to ArtCAM users. The site also features a large number of videos, including demonstrations of the various applications of the software and customer testimonials from a number of users.

DIY enthusiasts and professional builders benefit from free CAD with easy 3D

In order to quickly create new floor plans or entire structures, design a piece of furniture, a conservatory, or a garden, DIY enthusiasts and professional builders need simple, cost effective software to create detailed project drawings.

The free MEDUSA4 Personal CAD Software is an ideal project companion. The system can even be used by building contractors – designs for commercial use are converted on a pay-per-result basis using the CSG eSERVICES portal. Private not-for-profit use of the software is completely free of charge.

Download MEDUSA4 Personal free of charge: eservices.cad-schroer.com/

Plan, Design, Detail, Deliver
MEDUSA4 Personal is a comprehensive software package for all sorts of design and building projects. It gives users a quick head start by allowing them to integrate existing plans, such as scanned in hand-drawn designs or photographs, into their CAD drawings. Its intuitive editing functionality also makes it easy to work with existing CAD drawings in DXF/DWG format, which can be imported into the software.

Video Tutorial: Turn a pencil sketch into a 3D model with MEDUSA4

Download sample drawings:
MEDUSA4 Personal sheet: download.cad-schroer.info/M4_Drawings/Example1_SHE.zip
DXF: download.cad-schroer.info/M4_Drawings/Example1_DXF.zip
PDF: download.cad-schroer.info/M4_Drawings/Example1.pdf

The powerful functionality of the 2D/3D CAD software for Windows® and Linux® allows users to create extremely accurate, dimensioned detail drawings, as well as 3D component or assembly models using a rich 3D feature set, which allows for quick model creation based on the 2D drawings. If a design is to be used for commercial product documentation, sent to a customer, or forwarded to a supplier for manufacturing, it has to be converted via the CSG eSERVICES portal. That means that skilled tradesmen, builders and designers don’t have to pay for the software itself, only for any results achieved. Costs are only incurred once there is a commercially viable design, and can easily be attributed to specific customer projects.

Find out more about using MEDUSA4 Personal commercially:

Easy to get started
CAD Schroer has made it quick and easy to get going with MEDUSA4 Personal. The software’s intuitive user interface allows users to create their own design menus via drag and drop, for example. Helpful guides include video tutorials, online documentation and a user forum.

CAD Schroer is a global software development company and engineering solutions provider, helping to raise the productivity and competitiveness of customers working in manufacturing and plant design, including the automotive sector and its supply chain, the energy sector and public utilities. CAD Schroer has offices and subsidiaries throughout Europe and in the United States.

CAD Schroer’s product portfolio includes 2D/3D CAD, plant design, factory layout and data management solutions. Customers in 39 countries rely on MEDUSA4®, MPDS4™ and STHENO/PRO® to provide an efficient, flexible and integrated design environment for all phases of product or plant design – cutting costs while raising quality. CAD Schroer emphasises close customer partnerships and supports its clients’ objectives through extensive consultancy, training, development, software support and maintenance services.

PLM in Ship and Yacht Building - CENIT and AITAC at METS in Amsterdam

Joint participation at the Dassault Systèmes booth 01.710 from 15 to 17 November 2011.

Stuttgar – The world’s largest trade fair for equipment, materials and sys-tems for the international marine leisure industry – METS – will be held in Amsterdam from 15 to 17 November 2011. CENIT AG and AITAC will be present at the exhibition booth of Dassault Systèmes (01.710) to present their product and service portfolios in this field.

The right use of high-end product lifecycle management (PLM) systems boosts the business success of ship and yacht builders and prevents expensive manufacturing errors. CATIA Software by Dassault supports small and large shipbuilding yards in optimizing the design and manufacture of any craft from small sporting boats to megayachts.

The two Dassault Systèmes partners CENIT AG and AITAC began collaborating in the PLM sector several months ago. Specifically, the partnership covers business activities in Germany and the Netherlands relating to the Dassault Systèmes solution portfolio for yacht design, ship-building and offshore installations.

With more than 15 years experience in these industries, AITAC has acquired deep know-how in the field of PLM for shipbuilding. CENIT is one of the largest partners of Dassault Systèmes in Europe and has been accredited for CATIA and ENOVIA in the Netherlands since 2010. With the aid of CENIT’s proprietary software solutions, these standard products can be customized to suit the requirements of any individual business. Together, both enterprises offer premium consulting and customer care.

CENIT has been successfully active for more than 20 years as a leading consulting and software specialist for optimizing business processes in the fields of product lifecycle management (PLM), enterprise information management (EIM), business optimization & analytics (BOA) and application management services (AMS). The enterprise focuses on developing proprietary software and marketing standard solutions by market leaders such as Dassault Systèmes, SAP and IBM. CENIT employs more than 700 staff world-wide, serving customers from the automotive, aerospace, mechanical engineering, tool and mold construction, financial services, commerce and consumer goods industries.

AITAC is an expert support partner of Dassault Systèmes for the Yacht, Marine, Offshore, EnergyPlant and Pro-cessPlant industry, and has 15-year+ experience with Dassault solutions for these industries. Located in The Netherlands, France and Croatia, we are able to provide powerful industry specific solutions and consultancy anywhere needed in the world, including methodology, setup, training, best-practice, add-on software. AITAC has extensive experience with piping/tubing on CATIA V5/V6 and related production drawings.

The Global Collaborative Product Definition Management Market to Grow At A CAGR Of 9.4 Percent over the Period 2010-2014

DUBLIN - Research and Markets has announced the addition of the "Global Collaborative Product Definition Management Market 2010-2014" report to their offering.

One of the key factors contributing to this market growth is the need for multi-site collaboration for product development. Global Collaborative Product Definition Management market has also been witnessing increasing capability of cPDM to support multiple CAD files. However, the lack of participation and expertise from supplier members for effective implementation could pose a challenge to the growth of this market.

TechNavio's Global Collaborative Product Definition Management Market 2010-2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the Americas, the EMEA, the APAC regions. This report covers the comprehensive Collaborative Product Definition Management (cPDM) software, but does not include Computer-Aided Design (CAD), Computer-Aided Engineering (CAE), or other engineering tool software solutions. This report also discusses the vendor landscape based on the market's direct revenue (subscription, maintenance, and license costs) and the related revenue of their partners and presents their footprint in the Global cPDM market. This report also includes a discussion on the key vendors operating in this market.

TechNavio today launched Global Collaborative Product Definition Management Market 2010-2014. The report, which is based on an in-depth study of countries in the Americas and in the EMEA and APAC regions, aims to aid decision makers understand the roadmap of this fast growing market.

According to the report, the effective implementation of cPDM reduces a product's time to market by reducing overall product development time, by reducing the rework issues, and by providing a single source of product definition information. The collaborative product database shared across the entire supply chain also increases product development efficiency. The report also discusses data security concerns and how these might affect market growth.

Companies Mentioned:

Siemens PLM
Dassault Systèmes
Parametric Technology Corp.

For more information visit http://www.researchandmarkets.com/research/c449e1/global_collaborati

The Global Computer-Aided Manufacturing Applications Market to Grow At A CAGR Of 6.5 Percent over the Period 2010-2014

DUBLIN - Research and Markets has announced the addition of the "Global Computer-aided Manufacturing Applications Market 2010-2014 " report to their offering.

One of the key factors contributing to this market growth is the need for high precision product development. Global Computer-aided Manufacturing Applications Market has also been witnessing the integration of computer-aided manufacturing and computer-aided design solutions. However, the high training cost that decrease investment for computer-aided manufacturing software could pose a challenge to the growth of this market.

The report focuses on the Americas, EMEA, and APAC regions. It covers the current market landscape and its growth prospects. The report also provides a vendor landscape of the Global CAM Applications market and the corresponding detailed analysis of the top four vendors. This market includes the revenues obtained on the basis of both direct vendor revenues received and end-user payments for CAM software and services (renewal of software licenses, upgradation of the exiting solutions, and training costs).

Commenting on the report, an analyst from TechNavio's Engineering Services team said, The Global CAM Applications market is witnessing many trends such as integration of CAM and CAD solutions and interoperability between different solution providers. Moreover, there has been an increase in simulation capabilities and the number of machine tool manufacturers providing CAM solutions.

According to the report, the CAM software solution facilitates state-of-the-art product manufacturing capability for the improved business processes. Two of the key drivers of this market are the increase in 3D modeling and need for high-speed machining. However, the major force that is driving the market is the ability of CAM software solutions to achieve high accuracy and thus reduce the manufacturing cost. The report also discusses the lack of product differentiation and how this might affect market growth.

Companies Mentioned:

Dassault Systmes SA
Siemens AG
Delcam plc
Planit Software

For more information visit http://www.researchandmarkets.com/research/3734c7/global_computerai

Oct 26, 2011

MSC Software Announces New Release of Adams

Adams 2012 introduces a new user interface and capability extensions for systems and event simulations.

MSC Software Corporation today announced Adams 2012. This release of Adams delivers an all-new user interface and new model browser that simplifies model setup; new automatic flexible body generation to support efficient, high-fidelity system modeling; and an innovative tire model to complement the improved selection of standard events and road profile formats available for vehicle simulations.

The release will be available at the end of November.

All-new User Interface
The Adams 2012 user interface provides a new ribbon-style format and intuitive layout. The new ribbon offers improved labels, thereby making model construction easier and more user-friendly. Engineers will find the main toolbox and build menu functions in a series of tabs for model entity construction, simulation, and post-processing actions, and icon strips are located on the main menu bar and status toolbar.

A new pre-processing model browser has also been implemented in Adams 2012, providing an improved means to navigate models within Adams/View. This is especially helpful in understanding the content of newly-inherited models from colleagues or business partners. Engineers will experience improved model navigation, especially for large models, convenient right-click access to non-graphical entities, dynamic search and savable filters, and improved visualization and model control.

"I really like the more modern graphical user interface, especially the new model browser," said Greg Wheeler, Mechanical Engineering Analyst at AAI Corporation.

Automatic Flexible Body Generation
The Adams 2012 release introduces a new Adams/ViewFlex module that enables users to create flexible bodies without leaving the Adams environment and without the dependence on external finite element modeling (FEM) or analysis (FEA) software. The feature is powered by embedded MSC Nastran technology and run wholly in the background of the Adams session. This improves productivity and facilitates high-fidelity modeling.

Enhanced Solver for Speed and Robustness
The improved C++ solver in Adams 2012 is now the default solver for all Adams products, including Adams/View and Adams/Car. The Adams C++ solver provides modeling and simulation capabilities not found in the FORTRAN solver, such as Nonlinear BEAM and FIELD formulations, flexible body contact, clearance measures, an exact linearization algorithm, a bisection method in the Adams/Controls system import option, support for delay differential equations, and parallel processing.

Automotive Vertical Enhancements
Adams 2012 introduces new tire and road enhancements for Adams/Car where higher-fidelity road simulations can be performed. A new Tire 3D enveloping contact model is available to capture more realistic tire forces over small obstacles. Visualization of roads is now faster and more consistent with the simulation code, thereby enhancing a user's ability to understand vehicle behavior and improve visual presentations.

New vehicle events have been added to Adams/Car including Straight-line Maintain, Straight-line Braking on Split μ, and Static Vehicle Setup, which includes Mass Distribution for Corner Weights, Toe and Camber Alignment, and Ride height Adjustment. These new features provide users with a better selection of events, enhanced productivity and ease of use. In Adams/Chassis, the new flex body generation utility can now be used with any supported flex-body part, compared with only body and frame parts in the previously available body attachment finder utility. This improves productivity and facilitates higher-fidelity modeling.

To register for the upcoming November 8th "What's New in Adams 2012" webcast, please visit http://www.mscsoftware.com/webinar/adams2012.

Watch the new Adams 2012 video here: http://www.mscsoftware.com/adams.

iRise Awarded Canadian Patent for Its Interactive Software Modeling Technology

In a further expansion of its efforts to help businesses quickly create software and mobile apps that work right the first time, iRise® announced today that it has earned Canadian patent 2704252 for its interactive graphical software modeling technology. The patent is one of several protecting iRise's unique platform that enables users to create prototype apps that look and act like just like the final versions of finished programs.

The iRise platform empowers business analysts, product managers and user experience professionals to quickly assemble working prototypes and previews of business software—including iPhone and iPad apps—in real time, without coding. Similar to computer-aided design (CAD) tools for physical products, iRise simulations are working models—visual blueprints—for complex business applications. Users can actually use the simulation the way they'll use the final version, eliminating the painful surprises and expensive rework that's needed when near-final versions of software projects are reviewed for the first time.

"We often see client business meetings where one person draws the user interface, someone else models the business logic, and yet another sets up sample data," says Maurice Martin, iRise's president, COO and founder. "While they're doing that, requirements and feedback can be captured and associated with the visualization, eliminating the need for traditional, long-winded written specifications. They all come out of one meeting knowing what they're going to build and what it has to do."

Using iRise, businesses can eliminate the costs and delays that come with having to "go back to the drawing board." Once everyone on a project has used a prototype—and agrees how the application should work and what it will look like—iRise can also be used to help produce the HTML code that creates the screens and apps.

Martin stated that the effect on organizations' software capabilities is often stunning. "Once participants experience this new, lightning-fast way of defining software, they never want to flip through reams of printed documents again," he said.

In 2007, iRise announced its first patent, which covers the use of a graphical, drag-and-drop interface to allow non-technical users to define functionally rich simulations - without resorting to software code to generate them. The iRise patent portfolio is expected to grow even further with additional patent applications currently under review by the U.S. PTO, the European Patent Office and the Canadian Intellectual Property Office.

For more information on iRise patents, go to http://www.irise.com/patent/index.php.

Intergraph® Releases Latest Versions of SmartPlant® 3D and SmartMarine® 3D for Safer, Higher Quality Designs and Productivity Gains

Next-generation plant, offshore and materials handling design solutions add enhancements to support mega-projects as adoption expands further.

Intergraph has released the latest versions of its next-generation plant, offshore and materials handling design solutions, SmartPlant® 3D, SmartMarine® 3D and SmartPlant 3D Materials Handling Edition. Collectively known as Smart 3D, they are the process, power and marine industries' most advanced and most productive design solutions with a focus on rules, relationships and automation.

All three Smart 3D 2011 Service Pack 1 (SP1) solutions are now available for upgrade or purchase. They are the most feature-rich, highest-quality releases of SmartPlant 3D, SmartMarine 3D and SmartPlant 3D Materials Handling Edition to date with nearly 1,200 enhancements and continuous testing over the past 20 months. Several significant Smart 3D customers have been involved in testing and piloting the Smart 3D 2011 SP1 solutions for production.

"Smart 3D is a very advanced and powerful solution which improves design and document quality, as well as data control – all while saving time and resources," said Terje Orbeck, CAD manager for Grenland Group, an experienced oil and gas engineering, procurement and construction (EPC) company based in Norway, and a key SmartMarine 3D user. "Compared to our previous design system, we have improved our workflow considerably. Using Intergraph integrated Smart 3D solutions, Grenland Group is able to compete with larger engineering companies by increasing our quality and productivity."

The latest Smart 3D releases offer enhancements to Intergraph's innovative Reference 3D capability, which enables users to reference data from Intergraph Plant Design System (PDS®), Aveva PDMS and other formats – allowing companies to share piping, structural and equipment portions of Smart 3D models with multiple subcontractors without exposing other ultra-sensitive parts of the model. The capability offers opportunities for tremendous productivity gains on mega-projects while also protecting intellectual property.

Gerhard Sallinger, president of Intergraph Process, Power & Marine, said, "Intergraph has more than 45,000 3D design seats in use today – by far the most of any software provider in our industry. About 11,000 of those seats are Smart 3D, and its adoption has increased significantly in the past year alone. SmartPlant 3D and SmartMarine 3D are becoming the 3D solutions of choice for many of the world's leading EPC companies. Yet these same companies also must deal with the reality that they will partner on mega-projects with other EPC companies using other technologies. With these latest enhancements to our Reference 3D capabilities, this will not affect their productivity and can continue to maintain their competitive edge."

The latest versions of Smart 3D also offer improved design reuse and new modeling capabilities, such as functionality for circular and arced pipe modeling vital to the oil and gas, power and process industries. Enhancements have also been made to the electrical and duct modeling environments. Users can benefit from easier creation of project deliverables, improved management of change tools, enhanced 3D data viewing and manipulation and expanded sample catalog data. In SmartMarine 3D, new offshore and shipbuilding structural functions have been added for detailed design and fabrication of knuckled structures and rolled members. A full library of connections has been added to allow a rule-based selection of the appropriate end cut features. SmartMarine 3D also has a new service to find and manage "common parts," significantly enhanced the functionality to define and control marking on manufactured parts, as well as numerous other productivity and usability enhancements.

SmartPlant 3D is the world's first and only next-generation 3D plant design solution. It is the most advanced and productive 3D plant design solution that effectively enables optimized design, increasing safety, quality and productivity, while shortening project schedules. Companies using SmartPlant 3D typically report a 30 percent improvement in overall engineering design. For more on SmartPlant 3D, visit www.intergraph.com/go/smartplant3d.

SmartMarine 3D is the world's most advanced offshore and shipbuilding design solution, featuring breakthrough engineering technology that is data-centric, knowledge- and rule-driven to improve delivery schedules, with increased detail and manufacturing productivity of up to 30 percent. SmartMarine 3D is endorsed and used by leading offshore and marine companies globally, including the most productive shipyard, the top offshore owner operator, the top fabrication yard, and the top classification society in the world. For more on SmartMarine 3D, visit www.intergraph.com/go/smartmarine3d.

SmartPlant 3D Materials Handling Edition provides the gateway for the metals and mining industry to implement projects using Intergraph's established, intelligent Smart 3D solutions. The metals and mining industry can now take advantage of the benefits of a single database, multi-parallel discipline design, clash detection and data reuse. For more information on SmartPlant 3D Materials Handling Edition, visit www.intergraph.com/go/mining.

The ARC Advisory Group, a leading industry analyst firm, ranked Intergraph the No. 1 overall engineering design 3D software and process engineering tools (PET) provider worldwide according to its "PET Worldwide Outlook Market Analysis and Forecast through 2015."

Tecplot, Inc. Releases Its Latest Innovation in Simulation Analytics: Tecplot(R) Chorus(TM)

Solution Defines New Product Category, Greatly Simplifies Analyzing and Managing Multiple CFD Cases to Accelerate Engineering Decision-Making.

Tecplot, Inc. today announced the general availability of Tecplot® Chorus™, the first in a new category of simulation analytics products for engineers that integrates metadata analysis, post-processing, and simulation data management in one easy-to-use software tool. For the first time ever, Tecplot Chorus allows engineers to more easily discover trends and anomalies in computational fluid dynamics (CFD) studies and simultaneously gain insight into the underlying, fluid-dynamic phenomena that cause these variations, all in one environment.

Simulation analytics is the application of visualization, data management, statistics, and data mining to related collections of large datasets generated by computer-aided engineering (CAE) simulation software, especially CFD codes. As computing power continues to increase, the use of CAE analysis tools continue to grow, leading to increasingly large collections of simulation results. Encompassing the capabilities of both business analytics tools and traditional post-processors, Tecplot Chorus enables engineers to discover and tap into the wealth of information hidden within simulation datasets, providing simultaneous analysis of the detailed field data and the associated key simulation result(s) as functions of input parameters.

"Almost every engineer we talked with has told us they continue to face challenges in analyzing complex, data-rich projects, and have been eagerly anticipating the availability of a solution that provides a holistic view to their large sets of CFD data," said Mike Peery, president of Tecplot, Inc. "Tecplot Chorus is the new generation of post-processing tools for engineers. The new paradigm of post processing is to simultaneously operate on sets of simulations instead of one at a time, and to take advantage of parallel computers to pre-compute visualizations. The unprecedented level of analysis enabled by Tecplot Chorus allows engineers to make more informed decisions faster, thus enabling companies to develop better products."

In May 2011, Tecplot Chorus was introduced in beta to a select group of customers from world renowned aerospace organizations in the government and private sectors, in order to secure feedback on the product's performance. During the trial, customers reported that Tecplot Chorus greatly simplified methods for examining overall trends in metadata resulting from multiple CFD simulations, boosting productivity as much as 20 percent.

Furthermore, several beta testers indicated the use of their current analysis software does not allow the ability to assess, or even examine, all their CFD simulation cases under today's accelerated time constraints to meet product deadlines. With Tecplot Chorus, not only did the software enable testers to more easily discover trends and anomalies within their simulation datasets, it also instilled a greater sense of confidence they were not overlooking any aberrations in their simulation results. Swift Engineering CFD Analyst Andy Luo commented, "Our post processing productivity increased by an order of magnitude, thanks to Tecplot Chorus. Now I can do in five minutes what once took me four to six hours."

"With the increasing use of simulation and analysis as part of product development, engineers are conducting more and more parametric analyses during the design process. With the volumes of CFD cases or runs, visual review is not fast enough. Solutions like Tecplot Chorus can help speed and simplify their assessment," said Stan Przybylinski, Director of Research at CIMdata. Executive Consultant Ken Amann with CIMdata added, "By connecting parametric data directly with simulation data, Tecplot Chorus provides engineers with a much more complete view of their simulation and optimization results. With the ability to quickly visualize large amounts of metadata, they will better understand the causes of variations enabling them to make more informed, critical design decisions faster."

Tecplot Chorus integrates analysis and quality assurance processes with flexible features that are designed to manage, analyze and visualize large amounts of metadata, identify trends and anomalies, and link them to the underlying physics. It allows engineers to analyze data from one to thousands of simulation cases simultaneously, and incorporates an easy-to-use simulation data management system for both test and computational data. The new simulation analytics tool also promotes greater collaboration and efficiencies among teams of engineers, allowing them to archive and share large sets of simulation data to enhance teamwork and avoid duplicating work.

For industries striving for more R&D efficiency, Tecplot Chorus is designed to help engineers deliver innovative designs more quickly by speeding up the discovery and understanding of the results and underlying physics across many simulation cases by providing:

- Quickly and seamlessly import data of multiple simulations results from CSV files and folder structures into a single location, and store the data in project databases.

- A variety of simulation analytics tools and multi-dimensional surrogate models are available for users to open multiple plots of metadata and field data simultaneously to examine relationships between the data and the physics, and explore trends in the data and identify anomalies that require additional simulation.

- Tecplot Chorus allows users to rapidly compare pre-calculated XY, 2D, and 3D plots extracted across multiple CFD simulation cases in a variety of ways to assess and determine the qualitative and quantitative differences in the simulation results. The pre-calculated plots may be stored as image files or as Tecplot 360 plot files which include original field data on the computational grid.

- From within Tecplot Chorus, users can launch parallel batch jobs to create plots across all CFD cases using plot templates and import them into Tecplot Chorus as image files or Tecplot 360 plot files.

- Using the various physics visualization tools embedded within Tecplot Chorus, users can view multiple plots of a detailed flow field with a single mouse click, which may be views of body surfaces, slices through a flow field, boundary surfaces, iso-surfaces and streamlines. In addition, users can filter and compare cases, and calculate differences between solutions or sets of solutions.

Since the company's inception in 1981, Tecplot has empowered engineers and scientists to discover, analyze, and understand information in complex data and effectively communicate the results. With the launch of Tecplot Chorus, the company is taking innovation a step further by providing a quality visualization product that helps users to be more creative, efficient and productive.

Tecplot Chorus is available on 64-bit versions of Windows 7, Vista, and XP, 64-bit Linux platforms, and can easily interface with SQL databases stored locally or on a server. In addition, the company offers engineering consulting services to help with deployment preconditioning the metadata. Tecplot Chorus pricing starts at $7,500 per year in the U.S. for a shared (floating) annual license.

3D Systems Supports Redfish Instruments' New Apple Enabled Multimeter

Quickparts® Provides Complete Solutions From Prototype Through Production.

3D Systems Corporation (NYSE: DDD) announced today that Quickparts® supported Redfish Instruments through its design and development of a new and innovative iDVM digital Multimeter, controlled entirely through a downloaded mobile application.

Redfish Instruments’ (www.redfishinstruments.com) new iDVM device is the world’s first Apple iPhone, iPad, and iPod-touch enabled digital multimeter, which wirelessly transmits voltage, current, and resistance measurements back to the user. Control of the iDVM is handled remotely by a free, downloadable application that resides on the mobile device. Redfish is currently the only company offering a multimeter iPhone app.

While designing the enclosure for the iDVM device itself, Redfish was able to benefit from the full range of solutions provided by Quickparts®. After placing separate orders for SLA® prototypes and pre-production cast urethane parts, Redfish selected Quickparts® to produce its production tooling and deliver production quantities of injection molded parts.

“From the personal follow up on our prototypes through the design for manufacturability analysis we received, Quickparts® was the logical, user-friendly choice to handle all of our requirements,” said Patrick O’Hara with Redfish. “We couldn’t have done it without the great teamwork we experienced with Quickparts®.”

Read the complete Redfish Instruments Case Study from Quickparts® at http://www.quickparts.com/LowVolumePrototypes/SLA/CaseStudy.aspx

PTC Announces results for quarter and year ended September 30, 2011

PTC (Nasdaq: PMTC), The Product Development Company®, today reported results for its fourth fiscal quarter and year ended September 30, 2011.


Q4 Results: Non-GAAP revenue of $341.3 million and non-GAAP EPS of $0.47
GAAP revenue of $339.4 million and GAAP EPS of $0.31
Revenue contribution from MKS, which PTC acquired on May 31, 2011, and 4CS Solutions, which PTC acquired on September 2, 2011, was $22.7 million on a non-GAAP basis and $20.8 million on a GAAP basis
MKS was $0.01 accretive to Q4 non-GAAP EPS results
Non-GAAP operating margin of 22.7%; GAAP operating margin of 15.1%
Relative to Q4 guidance assumptions, non-GAAP EPS was negatively impacted by $0.02 due to a higher-than-expected tax rate, other expense items and currency effects.
FY'11 Results: Non-GAAP revenue of $1,170 million and non-GAAP EPS of $1.26
GAAP revenue of $1,167 million and GAAP EPS of $0.71
Non-GAAP operating margin of 17.7% and GAAP operating margin of 10.0%
Q1 Guidance: Non-GAAP revenue of $305 to $320 million and non-GAAP EPS of $0.28 to $0.32
GAAP revenue of $303 to $318 million and GAAP EPS of $0.14 to $0.18
Assumes $1.40 USD / EURO, down from previous assumption of $1.45
Revenue guidance assumes approximately $20 million contribution from MKS and 4CS, including $2 million in non-GAAP revenue. 4CS is expected be $0.01 dilutive to non-GAAP EPS
FY'12 Targets: Non-GAAP revenue of $1,330 to $1,340 million and non-GAAP EPS of $1.48 to $1.52
Non-GAAP operating margin of approximately 18.5%
GAAP revenue of $1,327 to $1,337 million and GAAP EPS of $0.94 to $0.98; GAAP operating margin of approximately 11.5%
Revenue guidance assumes approximately $90 to $100 million contribution from MKS and 4CS, including $3 million in non-GAAP revenue
Assumes $1.40 USD / EURO, down from previous rate of $1.45 - negatively impacting annual revenue guidance by $15 million

The Q4 non-GAAP revenue results exclude a $1.9 million effect of purchase accounting on the fair value of the acquired deferred maintenance balance of MKS Inc. The Q4 non-GAAP EPS results exclude $12.9 million of stock-based compensation expense, $10.2 million of acquisition-related intangible asset amortization, $1.1 million of acquisition-related expense and $7.7 million of income tax adjustments. The Q4 non-GAAP EPS results include a tax rate of 24% and 120 million diluted shares outstanding. The Q4 GAAP EPS results include a tax rate of 21% and 120 million diluted shares outstanding.

Results Commentary

James Heppelmann, president and chief executive officer, commented, "PTC had a very strong finish to FY'11, with record Q4 non-GAAP revenue and non-GAAP EPS both exceeding the high-end of our guidance range. Our license revenue of $111.0 million was up 25% on a year-over-year basis, driven by solid organic growth of 15% and better-than-expected performance from Integrity (MKS). In addition to continued momentum in our Desktop (MCAD) business, which experienced 17% year-over-year revenue growth, our Enterprise (PLM) business delivered very strong results with non-GAAP revenue up 39% year over year and 21% on an organic basis. We also continue to see robust adoption of our PLM solutions, as is reflected in our 20% and 30% year-over-year increases in organic maintenance and services revenue, respectively. Overall, we delivered 27% total non-GAAP revenue growth compared to the year ago period." On a constant currency basis, total non-GAAP revenue growth was 20% and license revenue growth was 18% when compared to Q4'10.

"Our momentum in the PLM market continued with the addition of 3 new strategically important ‘domino' accounts during Q4," Heppelmann continued. "Since 2009, we have won 30 domino accounts, meeting the target we had set at the beginning of the year. Dominoes represent the largest of many competitive displacement opportunities, and we believe they demonstrate that PTC is gaining share and becoming recognized as the industry leader for both our technology and product development process expertise."

Heppelmann added, "We had 30 large deals (recognized license + services revenue of more than $1 million) in Q4'11, capping off a strong year in which we had 103 large deals, up from 70 in FY'10. We believe this is an indicator of the strength of our pipeline for business opportunities with new and existing customers. During the quarter we recognized revenue from leading organizations such as Asustek Computer, Caterpillar, Doosan Infracore America, SMS Siemag, Webasto and ZF Friedrichshafen."

Jeff Glidden, chief financial officer, commented, "From a profitability standpoint we had a very strong quarter; we delivered $0.47 non-GAAP EPS, this despite a $0.02 headwind due to a higher-than-expected tax rate, other expense items and currency effects. Non-GAAP EPS was up 47% from $0.32 non-GAAP EPS in Q4'10. We ended Q4 with $168 million of cash down from $261 million at the end of Q3, reflecting in part $50 million used to repay our revolving credit facility, $15 million for stock repurchases, and $15 million for the acquisition of 4CS."

Outlook Commentary

"Based on the market momentum we are seeing, the strength of our pipeline, our increasing sales capacity, major product releases in our core markets, as well as the significant interest we are seeing in our other products, such as Abortext and Integrity, we continue to be excited about our long-term growth opportunity," said Heppelmann. "While we acknowledge that there continues to be uncertainty about the strength of the global economy, we remain committed to achieving our goal of 20% non-GAAP EPS CAGR through 2014."

Glidden commented, "For Q1, we are providing guidance of $305 to $320 million in revenue, which includes approximately $20 million in revenue from the MKS and 4CS businesses, including $2 million in non-GAAP revenue. We are expecting non-GAAP EPS of $0.28 to $0.32, which at the mid-point is an increase of 36% from $0.22 non-GAAP EPS in Q1'11, reflecting our commitment to driving operating leverage in our model. From a revenue perspective, we are expecting approximately $80 to $95 million in license revenue in Q1, with combined services and non-GAAP maintenance revenue of approximately $225 million, resulting in approximately 14% to 20% year-over-year growth in total non-GAAP revenue." For Q1, the GAAP revenue target is $303 to $318 million and the GAAP EPS target is $0.14 to $0.18.

The Q1 guidance assumes a non-GAAP tax rate of 24%, a GAAP tax rate of 20% and 121 million diluted shares outstanding. The Q1 non-GAAP guidance excludes approximately $2 million for the effect of purchase accounting on acquired MKS deferred maintenance revenue, $13 million of stock-based compensation expense, $9 million of acquisition-related intangible asset amortization expense, any acquisition-related expenses, and their related income tax effects.

Glidden concluded, "Looking to the full year FY'12, we are targeting non-GAAP revenue growth of 14% to 15%. We expect MKS and 4CS to contribute approximately $90 to $100 million in revenue for the full year, including $3 million in non-GAAP revenue. We expect MKS and 4CS to be slightly accretive to FY'12 non-GAAP EPS. We are expecting license revenue growth of approximately 20%, services revenue growth of 14% and non-GAAP maintenance revenue growth of 11%. Our FY'12 non-GAAP EPS target of $1.48 to $1.52 reflects incremental sales expense as we continue to ramp sales capacity. We will continue to balance investments to support future growth with our commitment to 20% non-GAAP EPS growth." For FY'12, the GAAP EPS target is $0.94 to $0.98.

The FY'12 targets assume a non-GAAP tax rate of 24%, a GAAP tax rate of 20% and 121 million diluted shares outstanding. The FY'12 non-GAAP guidance excludes approximately $3 million for the effect of purchase accounting on acquired MKS deferred maintenance revenue, $51 million of stock-based compensation expense, $37 million of acquisition-related intangible asset amortization, any acquisition-related expenses, and their related income tax effects.

Q4 Earnings Conference Call and Webcast

Prepared remarks for the conference call have been posted to the investor relations section of our website. The prepared remarks will not be read live; the call will be primarily Q&A.

What: PTC Fiscal Q4 Conference Call and Webcast

When:Thursday, October 27th, 2011 at 8:30 am (ET)

Dial-in: 1-800-857-5592 or 1-773-799-3757

Call Leader: James Heppelmann

Passcode: PTC


Replay: The audio replay of this event will be archived for public replay until 4:00 pm (CT) on

November 1, 2011 at 1-866-566-0573. To access the replay via webcast, please visit www.ptc.com/for/investors.htm.