Jun 09 2010

CJ Cheiljedang Selects Dassault Systèmes V6 to Establish Next Generation R&D System

ENOVIA PPM Solution Enables Collaborative Environment Between Four Major R&D Centers; Reduces Time-to-Market and Improves Productivity

SEOUL, South Korea – June 9, 2010 – Dassault Systèmes (DS) (Euronext Paris: #13065, DSY.PA), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today announced that CJ Cheiljedang Corporation, Korea’s leading food and biotechnology company, has adopted the ENOVIA V6 solution for portfolio and project management at its four major research and development (R&D) centers – food and food services, feed, biotechnology, and pharmaceutical – and core business departments to reduce time-to-market and improve productivity.

Having taken the lead in Korea's food industry for the past 50 years, CJ Cheiljedang is strengthening its position as the leader in the food, pharmaceutical, biotechnology and animal feed markets in Korea. By adopting Dassault Systèmes’ V6 solutions, it aims to maintain this growth momentum to become a global food and biotechnology company.

With ENOVIA V6’s PPM (Portfolio and Project Management) solution, CJ Cheiljedang will establish a collaborative environment that is able to store, manage and share created digital data from intellectual property and know-how in the research process. The adoption of ENOVIA will be expanded to the whole process, starting from product information management to virtual shop management.

“As a consumer goods company, we have to address challenges such as short time-to-market and frequent changes in consumers’ taste and trends. Effective management of the R&D process and product information will have a critical impact on cost saving and time-to-market,” said Sang Mong Lee, CIO of CJ Cheiljedang. “With Dassault Systèmes’ V6, we expect to complete our business innovation project successfully.”

ENOVIA V6 offers a new level of collaborative environment for managing and sharing requirements, programs, product portfolios, regulatory compliance, and sourcing in the entire product lifecycle with all users involved in the process. The ENOVIA solution has led the collaborative innovation of global food, biotechnology and pharmaceutical leaders around the world.

“We are delighted that Dassault Systèmes’ collaboration solution has been chosen by CJ Cheiljedang. The adoption of this collaboration solution by CJ Cheiljedang will be a driving force of business growth in the food and biotechnology industries of Korea,” said YoungBin Cho, managing director, Korea, Dassault Systèmes. “We will support CJ Cheiljedang to accelerate business growth in the global market by enhancing its competitiveness.”

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