Paris, France – 23 July, 2002 – IBM and Dassault Systemes (Nasdaq: DASTY; Euronext Paris: #13065, DSY.PA) today announced a joint sales and marketing growth plan to take advantage of the increasing business opportunities generated by the rapidly expanding Product Lifecycle Management (PLM) market. Market researcher Daratech Inc. estimates that the PLM market will double to US$ 15 billion by 2006. <br/>
The growth plan underscores IBM and Dassault Systemes’ commitment to addressing customer needs in the growing PLM market. Under the agreement, IBM will increase sales and pre-sales resources significantly. The agreement calls for Dassault Systemes to dedicate 135 technical specialists who will support IBM sales teams and continue to develop the seamless integration of 3D PLM products including CATIA, ENOVIA, DELMIA, and SMARTEAM. <br/>
Together with their Business Partners, IBM PLM and Dassault Systemes are strongly positioned to serve customers requiring PLM solutions in a wide variety of market segments. Following recent important customer wins such as Toyota, Volvo Truck, and EADS, the two companies are gearing up resources to address customer demand in the expanding PLM market. <br/>
“Our joint growth strategy clearly illustrates our confidence in the fast-growing PLM market and our determination to exploit our competitive advantage to the mutual benefit of IBM and Dassault Systemes,” said Ed Petrozelli, General Manager of IBM PLM. “This initiative also indicates that after 20 years of fruitful collaboration, our alliance with Dassault Systemes is more productive and stronger than ever. “
<br/>
“With our customers, we created the PLM vision and strategy as the next breakthrough to digitally create, produce and support manufactured products. With Version 5, we are delivering it. Today’s announcement is a milestone, as it confirms our commitment to realize 3D PLM and continue to reshape the market together,” said Bernard Charles, President of Dassault Systemes.
Dassault Systèmes, the 3DEXPERIENCE® Company, 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 300,000 customers of all sizes, in all industries, in more than 150 countries. For more information, visit https://www.3ds.com