BEIJING and PLANO, Texas -- EDS PLM Solutions today announced Beijing Foton Motor Co., Ltd., a leading manufacturer of trucks, buses, engines, and other commercial vehicles in China, has signed a software and services contract to deploy EDS PLM Solutions' Teamcenter® product lifecycle management (PLM) solution as its corporate standard. The contract establishes another automotive original equipment manufacturer (OEM) client for EDS PLM Solutions -- already the leading supplier of PLM solutions to the automotive industry.
Foton's deployment of Teamcenter, the world's most widely used suite of PLM solutions, represents an integral component of the company's strategy to strengthen its business processes and competitiveness by developing a strong information technology (IT) infrastructure that takes full advantage of e-business and enterprise application technologies. Teamcenter will provide the PLM digital enterprise backbone to Foton, linking information and systems throughout th e product lifecycle.
"Foton has aggressive goals for revenue growth in all areas of our business ," said Mr. Guotao Yang, IT Director of Beijing Foton Motor Co., Ltd. "In order to meet those goals we must leverage the best technology available to our industry and take a holistic view of our product lifecycle. Teamcenter was selected as our PLM standard because its rich functionality supports our entire product lifecycle process from concept to retirement, and its open architecture will work within our existing environment enabling the rapid integration of a va riety of IT and engineering systems. Furthermore, EDS PLM Solutions' experience and leadership in both the automotive sector as well as the PLM industry gives us great confidence for a successful implementation."
The Foton contract expands EDS PLM Solutions' PLM leadership position in the automotive sector. To date, more than 130,000 seats of EDS PLM Solutions software are in use at the world's top 25 automotive OEMs.
"We welcome Foton as the latest company to join our growing list of automotive OEMs who have decided to specify one or more of our PLM software products as their corporate standard," said Hans-Kurt Luebberstedt, president of Asia- Pacific, EDS PLM Solutions. "As the clear leader in supplying PLM solutions to the automotive industry, EDS PLM Solutions is proud of the business benefits we can bring to this sector and we are gratified by the trust our clients place in our products and services."
EDS, the premier global outsourcing services company, delivers superior returns to clients through its cost-effective, high-value services model. EDS' core portfolio comprises information-technology and business process outsourcing services, as well as information-technology transformation services. EDS' two complementary, subsidiary businesses are A.T. Kearney, one of the world's leading high-value management consultancies, and PLM Solutions, a leader in product data management, collaboration and product design software. With 2002 revenue of $21.5 billion, EDS is ranked 80th on the Fortune 500. The company's stock is traded on the New York (NYSE: EDS) and London stock exchanges.
Note: Teamcenter is a registered trademark of EDS or its subsidiaries in the Un ited States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.