FOR RELEASE Tuesday, June 15, 2004
QINGDAO, China– UGS, a leading global provider of product lifecycle management (PLM) software and services,today announcedthe company has presentedBeiqi Foton Motor (Foton) with its first annual Asia Pacific (AP) PLM Excellence award. UGS also recognized several other customers in a ceremony at the company’s Asia Pacific Executive Client Event (APECE) in Qingdao, China on June 11 -13.
The AP PLM Excellence award recognizes UGS customers in Asia -- the fastest growing PLM market in the world -- that have achieved exceptional business success through the use of UGS’ PLM software and services. UGS selected Foton, a leading manufacturer of vehicles ranging from light buses and SUVs to large coaches, as the winner of the award from a field of nine final candidates.
The panel of judges, from both inside and outside of UGS, based its selection on several criteria including business challenge, solutions profile, PLM benefit to the company and vision.
“We are very proud of our PLM implementation and pleased to accept this award,” said Mr. Guotao Yang, CIO of Foton. “Our PLM strategy is fundamental to our business goal of meeting the diverse needs of our clients. It is based on people, process and technology and has led to tangible benefits for our company including a 50 percent increase of our efficiency in implementing engineering changes.”
“Foton’s focus on tangible business benefits and its realization that PLM is more than just a software application are critical success factors in the company’s implementation,” said Dr. Michael Grieves, co-director of the University of Michigan’s PLM Development Consortium and one of the award judges.
Along with Foton, LG Electronics (LGE) Telecommunication Equipment & Handset Company, Xi’an Aero-Engine Controls and Pan Asia Technical Automotive Center (PATAC) were also recognized at APECE for their excellent PLM implementations. All four companies presented their case studies and will be given the opportunity to present again at PLM World 2005, the annual PLM industry users group conference attended by more than 1,500 people from around the world.
“The high quality of the Excellence Award submissions illustrates the fact that Asia Pacific clients are achieving definite business success with PLM,” commented Prof. Xueyu Ruan from Shanghai Jiao Tong University and a PLM Excellence Award judge.
Mr. Kentaro Kizaki, editor-in-chief of Nikkei Monozukuri Magazine, Japan’s prominent trade publication, focused on introducing and featuring the latest technologies and solutions that support manufacturing of innovative products, also contributed to the winner selection as a judge member.
APECE was co-hosted by Tony Affuso, UGS chairman, CEO and president, and Hans-KurtLübberstedt, UGSexecutive vice president for AP. The event brought together more than 100 of AP’s elite customers to explore the potential of PLM.
“UGS congratulates the winners of our first ever AP PLM Excellence Awards,” said Lübberstedt. “We are pleased to work with all of our customers and to provide recognition for the finest PLM implementations in AP, the fastest growing region for the adoption of PLM.”
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.