Innovation and collaborative, synchronized program management for new programs
FOR RELEASE Thursday, April 6, 2006.
PLANO, Texas – UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced that in the recently released market analysis, leading PLM industry analyst firm CIMdata, Inc. recognized UGS as a PLM leader and as the vendor with the top market presence in the Collaborative Product Development Management (cPDM) market segment – the most critical and fastest growing segment of the PLM industry.
The market analysis provides in-depth data and analysis of the PLM market and builds on information released by CIMdata in April 2006. Based on market estimates, the CIMdata report ranked UGS number one in terms of market presence among cPDM mindshare leaders in 2005. The report also signals the health and growth of the UGS Partner Program.
“UGS with Teamcenter continues to be the leading vendor realizing the most revenue in the critical area of cPDM for the thirdyear in a row,” said Ed Miller, president of CIMdata. “UGS’ Teamcenter portfolio remains the cornerstone of their PLM and cPDM strength.”
According to CIMdata, cPDM is forecast to be the fastest-growing segment of the PLM market with a 13.9 percent compound annual growth rate (CAGR) to exceed $11.6 billon in 2010 – nearly twice as fast as other PLM sub-segments. CIMdata estimates that the PLM market as a whole will grow at a CAGR of 7.7 percent to approximately $26 billion by 2010.
“Market analysts once again recognize UGS’ leadership position in this critical area of PLM – cPDM and for the third year in a row, UGS’ cPDM presence far outpaced that of the nearest PLM vendor,” said Dave Shirk, executive vice president of global marketing for UGS. “CIMdata cites that our strong revenue along with the revenue from our partners is an indicator of the success of our open business strategy and ability to form strategic, beneficial partnerships with multiple major systems integrators and software vendors. UGS remains committed to the global innovation networks that the world’s leading manufacturers are leveraging to build the most innovative products.”
UGS’ Strength in cPDM
UGS launched Teamcenter® 2005 software, the world’s most widely used PLM portfolio, to close the gap between idea capture and comprehensive PLM. Strong UGS relationships with Intel, HP and Microsoft complement the Teamcenter 2005 solutions targeted at the industry’s most critical business initiatives including new product development and introduction, global product development and regulatory compliance. Systems integrator alliances also add to the strength and breadth of UGS’ Teamcenter portfolio. Recently, the editors of IndustryWeek magazine, the leading manufacturing management magazine, selected Teamcenter 2005, as one of the five Technologies of the Year for 2005, making Teamcenter the only full-scale PLM offering receiving the prestigious award.
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, Teamcenter 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. All other trademarks, registered trademarks or service marks belong to their respective holders.