FOR RELEASE Wednesday, July 14, 2004
SEOUL, South Koreaand NEW YORK –UGS, a leading global provider of product lifecycle management (PLM) software and services,today announced that Hyundai Heavy Industries (HHI) Electro Electric Systems Division has selected UGS’ NX™ and Teamcenter® software and services for its Switchgear Department’s next generation PLM system.
UGS made the announcement in conjunction with its analyst/media briefing event being held July 14-15 in New York. The briefing is the first such event UGS has held since announcing on May 27 the closing of its sale by EDS to three private equity firms and its launch of operations as an independent software company under the UGS brand.
HHI’s Switchgear Department has been using a 2D computer aided design (CAD) system for many years. In order to increase productivity and quality in the design and manufacturing phases, the department decided to implement a more advanced PLM system to enable cross functional real time collaboration, resulting in reduced cycle time and a reduction in rework. The advanced system will allow its existing knowledge base to be reused in a multi-CAD environment.
Using NX’s knowledge-based digital product development environment, HHI’s Switchgear Department expects to optimize its production process. Using Teamcenter’s collaborative environment, it expects to manage dispersed product information in a controlled repository and transform it into meaningful product knowledge. Teamcenter will provide the common framework for viewing data throughout the department.
“UGS’ proven history was a factor in the selection process and we trust that the implementation of NX and Teamcenter portfolios along with services to be provided will help strengthen our strategic focus on customer satisfaction,” said Su-Young Hwang, senior manager of IT Systems and Deployment of the Switchgear Department, Hyundai Heavy Industries. “An advanced PLM system is essential to improve a company’s competitiveness and productivity, ability to compete globally, time-to-market and customer satisfaction. We are committed to providing quality products in a timely manner and retaining our leadership in a rapidly changing global market.”
“Hyundai Heavy Industries is committed to quality and leadership. Their selection of UGS further validates our vision of PLM as an enabler for business transformation,” said Hans-Kurt Lübberstedt, executive vice president, Asia Pacific, UGS. “We trust we will be creating another major success story in this business and in this region.”
NX provides a comprehensive portfolio of computer aided design, manufacturing and engineering (CAM/CAM/CAE) software solutions for digital product development founded on a next-generation architecture and technologies that uniquely address the driving business issues in product development. NX allows clients to conceive, design, engineer and validate discretely manufactured products – and capture their product definitions – in a fully digital environment.
Teamcenter is a proven portfolio of configurable lifecycle domain and industry solutions, uniting product knowledge with process innovation to deliver business value throughout the product lifecycle. Teamcenter leads the PLM industry with digital product development, engineering process management and enterprise data management solutions that deliver fast time-to-value.
UGS is a leading global provider of product lifecycle management (PLM) software and services with more than 3 million licensed seats and 42,000 clients worldwide. 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, NX 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.