UGS - transforming the process of innovation November/December 2005
PLM Perspective: News and views on product lifecycle management at UGS

Enabling Product Innovation and Growth

Tony Affuso

Tony Affuso

Chairman, CEO and President

Recently UGS announced its financial results for the third quarter of 2005. This marks the company's ninth consecutive quarter of year-over-year total revenue growth with consolidated revenue of U.S. $290.2 million or a 23.4 percent year-over-year increase. As in previous quarters, the cPDM segment of our business continued to show remarkable growth, with a year-over-year 73.8 percent revenue increase including acquisitions.

These numbers reflect the expanding adoption of product lifecycle management (PLM) both within and beyond the traditional product development process as more and more companies see its value throughout the complete product lifecycle. What is causing this increasing interest and acceptance? Industry research firm AberdeenGroup provided several key reasons in published reports on PLM growth and product innovation.

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PLM Success

aesseal AESSEAL

AESSEAL reduced design time from two days to around half an hour to meet the challenges of an incredibly competitive industry.

katun Katun

Getting new products to market ahead of the competition is a strategic imperative for Katun, which built a digital infrastructure to support a 50 percent cycle time reduction.

dyson Dyson

Dyson is an innovation success story. It uses digital product development in its R&D projects, while maintaining fast development cycles for first-to-market advantage.

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Technologies of the Year: Teamcenter 2005