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PLANO, Texas – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced a significant new release of Geolus® Search, the revolutionary 3D geometric shape search technology acquired in June from software design & management AG Germany (sd&m). The rich set of enhancements added to the new release during this brief period demonstrate UGS’ technical expertise and market commitment, and extend its leadership position in this rapidly expanding new field.
“When we first added the industry-leading Geolus Search solution to our product family earlier this year, we could see its potential to revolutionize reuse processes for the global manufacturing industry,” said Bruce Feldt, vice president of Open Tools, UGS. “Since then we have aggressively added enhancements that will help more companies save money by using shape search technology to help identify and reuse their existing designs and manufacturing processes.”
“During the short time since acquiring the Geolus Search technology, the UGS development team has demonstrated an impressive ability to immediately understand this sophisticated shape search solution and assimilate it into their own processes and product offerings, while at the same time, opening up the technology for use with third party software applications,” said Dr. Marco Poetke, principal consultant for PLM, sd&m. “We look forward to continuing and extending our collaboration with UGS in integrating the Geolus technology into the process and system landscapes of our clients, thereby achieving maximum customer benefit and satisfaction.”
Geolus Search is a software application that, in addition to employing traditional text-based searching technology, also has the ability to quickly locate parts from large heterogeneous data sources on the basis of geometric similarity. Traditional search engines rely on comparison and search capabilities based on part numbers and descriptions alone. While this method can be very useful, its limitations do not allow companies to fully optimize their parts management due to issues such as inconsistent standards and classifications, limited part number conventions and native language dependence.
Geolus Search combines traditional search capabilities with revolutionary geometric search technology to accurately identify more duplicate parts and duplicate suspects. Its advanced geometry-based search capability promotes innovation through reuse and eliminates the time and expense associated with designing or purchasing duplicate parts.
“According to our research, as many as 30 to 40 percent of manufacturers’ parts are duplicates or have acceptable substitutes,” said Jim Brown, vice president of Global Product Innovation & Engineering Research at AberdeenGroup. “When you consider that the annual carrying cost for each new part can range from $4,500 to $23,000 per item, the value of a part reuse strategy that includes advanced search tools to help significantly reduce part redundancy is clear.”
The technology in Geolus Search earned sd&m the “Innovator of the Year, 2004” award from CADCAM magazine and the latest release being announced today includes major advances in openness and scalability along with integration enhancements that enable interoperability with virtually all leading CAD and database applications. Enhancements include:
Additional ‘geometry connectors’ that allow searches to originate from virtually all leading enterprise CAD platforms including UGS’ NX® software, as well as CATIA® and Pro/E® software
UGS is a leading global provider of product lifecycle management (PLM) software and services with nearly 4 million licensed seats and 46,000 customers worldwide. Headquartered in Plano, Texas, UGS’ vision is to enable a world where organizations and their partners collaborate through global innovation networks to deliver world-class products and services while leveraging UGS’ open enterprise solutions, fulfilling the mission of enabling them to transform their process of innovation.
Note: UGS, Geolus and Transforming the process of innovation are trademarks or registered trademarks of UGS Corp. or its subsidiaries in the United States and in other countries. CATIA is a trademark or registered trademark of Dassault Systemes Corporation or its subsidiaries in the United States and in other countries. Pro/E is a trademark or a registered trademark of Parametric Technology Corporation or its subsidiaries in the United States and in other countries. Microsoft is a trademark or a registered mark of Microsoft Corp. or its subsidiaries in the United States and in other countries. Oracle is a trademark or a registered trademark of Oracle Corporation or its affiliates. MySQL is a trademark or a registered mark of MySQL AB Company or its subsidiaries in the United States and in other countries. DB2 is a trademark or a registered mark of International Business Machines Corporation or its subsidiaries in the United States and in other countries All other trademarks, registered trademarks or service marks belong to their respective holders.
The statements in this news release that are not historical statements, including statements regarding expected benefits of the product, adoption by customers, continued innovation and other statements identified by forward looking terms such as "may," "will," "expect," "plan," "anticipate" or "project," are forward-looking statements. These statements are subject to numerous risks and uncertainties which could cause actual results to differ materially from such statements, including, among others, risks relating to developments in the PLM industry, competition, failure to innovate, partnering strategy, major design errors or security flaws and intellectual property. UGS has included a discussion of these and other pertinent risk factors in its quarterly report on Form 10-Q for the period ended June 30, 2006 filed with the SEC. UGS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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