Innovation and collaborative, synchronized program management for new programs
FOR RELEASE Monday, June 13, 2005
TOKYOandPLANO, Texas– UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced it has awarded GM Daewoo Auto & Technology(GM Daewoo)with its Asia Pacific (AP) PLM Excellence Award 2005.
The AP PLM ExcellenceAward recognizes manufacturers in AsiaPacificthat have achieved exceptional business success through the use of PLM software and services. The growing popularity of this prestigious competition is reflected in the diversity of this year’s entrants, ranging from both emerging markets such as India and China and the more established manufacturing powers of Korea and Japan.
GMDaewoo securedthe award after itsIncheon-based design and production team demonstrated how it successfully achieved all first year targets for its UGS™ PLM implementation. The company excelled at transforming their process bysupporting vehicle development time reduction of up to 6 monthsreducing engineering system costs byapproximatelyUS$15 million and increasing the number of concurrent car development programs byup to50 percent.
“Our PLM implementationis a key enabler to meetbusiness targets,” saidSteven L. Clarke,vice presidentofGM Daewoo Auto & Technology. “Through this particular PLM strategy, we have been able to transform our work flow into more efficient process, while simultaneously lowering costs. That in itself was already a win for us — and this Excellence Award is the icing on the cake.”
GMDaewoo, together with runners-up Isuzu Motors, Shenyang Liming Aero-Engine Group and Konka Telecommunications Technology, is invited to present its case at the PLM World Conference 2006, to be held in Long Beach, California, fromMay 8 – 12, 2006. PLM World Conference, an annual user conference for individuals and companies operating within the UGS product environment, provides attendees with the opportunity to learn first hand about the future of PLM and UGS™ products directly from UGS representatives and other users from around the world.
Entries were judged according to several criteria, including the organization’s business challenges, the financial rewards reaped directly from the PLM implementation, the PLM solutions profile, the PLM benefit to the organization and the future plans for PLM implementation across the organization. The competition’s panel of judges was made up of PLM experts from both inside and outside UGS. The panel consisted of Satoshi Ezawa, president of MetaLinc K.K. (a Japan based representative of CIMdata); Professor Xiaoguang Yang, Ph.D,deputydean of the Graduate School of Beijing University of Aeronautics and Astronautics, China; Navi Radjou,vicepresident of Forrester’s Enterprise Applications research team; Beat Neuhaus, vice president of ExperTeam UGS Asia Pacific; and Ron Close, vice president of marketing, UGS Asia Pacific.
“UGS is thrilled to see the growing enthusiasm of participants in this competition. With Asia being arguably the most innovative manufacturing region in the world, it is not surprising that these entries are of high standards,” said Hans-Kurt Lübberstedt, executive vice president, Asia Pacific, UGS. “UGS congratulates our winners and thanks the rest of our entrants for participating in this competition.”
UGS is a leading global provider of product lifecycle management (PLM) software and services with nearly 4 million licensed seats and 42,000 clients worldwide. Headquartered in Plano, Texas, the company promotes openness and standardization and works collaboratively with its clients in creating enterprise solutions enabling them to transform their process of innovation and thus begin to capture the value of PLM.
Note: UGS is a registered trademark or trademark 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.