FOR RELEASE Tuesday, April 17, 2007
PLANO, Texas – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced the latest release of Teamcenter® software for MRO, the comprehensive set of maintenance, repair and overhaul (MRO) solutions within the UGS Teamcenter software portfolio. This latest version delivers a wide variety of enhancements in the areas of Service Data Management and Service Event Management aimed at improving product and process quality and implementing lean MRO operations.
Teamcenter for MRO is tailored to the needs of organizations that need to service complex products requiring a major capital investment, such as aircraft, weapon systems, ships and power plants. Today’s announcement further extends Teamcenter’s ability to help these organizations track and manage large amounts of product operational knowledge, then effectively and efficiently leverage that knowledge to improve product and service quality, increase service productivity, enhance customer support and continually drive down MRO costs and cycle times.
Some of the world’s leading manufacturers are realizing these benefits today with Teamcenter for MRO. In fact, earlier this month, UGS announced that Military Air Solutions, a business group of BAE Systems, selected Teamcenter software as its enterprise knowledge management technology for specific aircraft platforms within its group. As stated in that announcement,
Teamcenter will serve as the foundation for Military Air Solutions’ maintenance, repair and overhaul (MRO) solution and will manage all of the product configurations for an individual aircraft – from design to disposal. It will also serve as a virtual knowledge manager, seamlessly integrating the data and functions associated with aircraft engineering and post-delivery service and support. (see separate release)
Enhancements drive customer value; strong momentum going into 2007
The expanded functionality and usability enhancements throughout the entire Teamcenter for MRO product suite have been designed to address specific customer needs and produce immediate customer value. Teamcenter’s Service Data Management capability establishes an environment for managing all product (asset) knowledge from concept through end of life, including the products’ operational life based on configurations of engineered and delivered products. For original equipment manufacturers (OEMs), this environment permits a link from product configurations and operating information back to product development and manufacturing to improve product quality and customer support. For service organizations, such as owner/operators or third party service providers, Service Data Management establishes a single source of asset definition and knowledge management that improves MRO planning, execution and working capital utilization thereby increasing service productivity and quality.
This release also includes enhancements to Teamcenter’s Maintenance Planning and Execution and Materials Management modules to help service organizations achieve leaner MRO operations. Service Event Management (SEM), a specific capability for managing the outsourcing of MRO activities in the service value chain, permits OEMs and service integrators to capture MRO activities performed by others, such as service work, asset configuration changes, and utilization tracking. As a result OEMs and service integrators can capitalize on the capabilities and economics of the service value chain, while maintaining accurate definitions and knowledge of the assets. This accurate configuration management knowledge is the key to efficient service operations and product improvements.
“As the only PLM provider to address the full product lifecycle, from product conceptualization through support and end-of-life, we are proud of the strong momentum we have established with Teamcenter for MRO going into 2007,” said Steve Bashada, vice president of Teamcenter Applications, UGS. “The broad acceptance of this solution clearly demonstrates its ability to enable OEMs and service enterprises to fully manage asset knowledge and implement lean MRO organizations.”
UGS is a leading global provider of product lifecycle management (PLM) software and services with 4.3 million licensed seats and 47,000 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, Transforming the process of innovation and Teamcenter are trademarks or registered trademarks of UGS Corp. 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.