Houston, Texas, and Paris, France - January 20, 2005 - Dassault Systèmes (Nasdaq: DASTY; Euronext Paris: #13065, DSY.PA) announced today that it will showcase its PLM (Product Lifecycle Management) solutions for the Process, Power and Petroleum (PP&P) industries at the DaratechPlant2005 conference in Houston, Texas, January 24-26.
Dassault Systèmes’ Version 5 (V5) PLM solution is comprised of CATIA, for collaborative product development and plant engineering; ENOVIA and SMARTEAM for product data and asset lifecycle management, collaboration, and decision support; and DELMIA for digital development of fabrication, construction simulations and maintenance processes. The fully integrated V5 PLM solution enables companies to create, simulate, operate and service complex systems found in the PP&P and marine industries. PLM is an evolution toward an integrated solution and beyond today’s traditional plant design and point solution offerings.
Through an alliance with Microsoft Corporation, the V5 PLM solution will also harness the revolutionary power of XML technology, further extending the availability of V5 PLM as an easy-to-use 3D global collaborative workspace.
V5 PLM enables owner-operators and engineering companies in the PP&P industries to transform and optimize their business processes and organizations. Benefits reported by users include significant improvements in schedule performance and a reduction in the cost of change-process execution. Further, V5 PLM enables universal sharing and extensive reuse of information. Those capabilities provide rapid design collaboration through all phases of a project lifecycle, enhancing project performance and leading to innovative real-time operations.
"We will be able to collaborate better with partners and resolve potential problems in projects more quickly and effectively using PLM applications," said Jean-Paul Rigg, manager, Production Engineering at the Equipment Division of Hydro-Québec, an adopter of CATIA V5 and SMARTEAM. "PLM technology from Dassault Systèmes will enable us to meet shorter deadlines, reach our quality, design and development goals and manage our costs."
"The Process, Power, and Petroleum industry is the newest sector to experience the business transformation that V5 PLM makes possible," said Etienne Droit, executive vice president, Sales and Services, Dassault Systèmes. "As with companies in the shipbuilding and aerospace industries before them, companies in the PP&P industries will benefit from the collaborative design capabilities of these powerful tools, which will enable them to focus on innovation and optimization of their design, manufacturing, and maintenance processes."
RAND North America, a Dassault Systèmes sales partner, will also participate in the Daratech event.