Dassault Systèmes Provides Global Steel Producer POSCO with the 3DEXPERIENCE Platform

Factory’s “Virtual Twin” Standardizes and Improves Production Performance and Processes

VELIZY-VILLACOUBLAY, France — November 5, 2015 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced that POSCO, one of the world’s largest steel producers, is using Dassault Systèmes’ 3DEXPERIENCE platform for POSCO’s virtual commissioning system and virtual training system to digitize and simulate its manufacturing operations, processes and equipment. 

Dassault Systèmes’ 3DEXPERIENCE platform provides powerful digital production and simulation applications to create a “virtual twin”—a virtual 3D replica of an actual physical structure—in order to better manage products, processes and plants.  With this “virtual twin,” companies can simulate the complex production processes of a smart factory through accurate data interpretation management and troubleshoot manufacturing problems before they occur. Companies can also capture and share knowledge, manage equipment specifications from planning to building phases, work more efficiently and better plan for manufacturing investments. 

"We expect to decrease the number of field tests and field trial periods with our virtual commissioning system and virtual training system, as we can pretest systems and equipment virtually before deploying them in the field for real,” said Yongsoo Kim, Senior Researcher, POSCO Engineering Solution Center.  “We will continue to advance the development environment with Dassault Systèmes' cooperation."

“The steel industry is about multi-decades asset lifecycles and high volume production, therefore even small and incremental improvements in operations and sustainability can have huge business impacts,” said Stephane Declée, Vice President, Energy, Process and Utilities Industry, Dassault Systèmes. “The 3DEXPERIENCE platform enables customers in the process industry to connect, model, simulate and optimize every stage of the business cycle to create a virtual twin experience fully connected with their physical assets to improve safety, efficiency, profitability and sustainability.  We clearly see POSCO as an industry leader in developing such an innovative approach.”

For more information on Dassault Systèmes’ industry solution experiences for the Energy, Process and Utilities Industry, please visit http://www.3ds.com/industries/energy-process-utilities/

About Dassault Systèmes

Dassault Systèmes is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, our customers can redefine the creation, production and life-cycle-management processes of their offer and thus have a meaningful impact to make the world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy for the benefit of all – consumers, patients and citizens. Dassault Systèmes brings value to more than 350,000 customers of all sizes, in all industries, in more than 150 countries. For more information, visit https://www.3ds.com