UGS Siemens PLM has a major announcement on April 22 -- "an industry-changing breakthrough in design technology that will fundamentally change the way companies improve their product development," they say.
One tip: capture ideas as soon as you think them. Another: product design that's up to 100 times faster.
I don't know what the financing arrangements are between UGS and its new owner, Siemens. Maybe the German industrialist is pumping lots of development money into NX/SolidEdge. Or maybe there was some technology transfer. Or maybe it's just marketing hype. I don't know, because the CAD media is not being NDA'ed on this one.
They're finally going out of business and have ceded their market to Dassault.....LOL
Seriously though, UGS hasn't had a "breakthrough" since before GM bought them. When GM took a look at what they had bought, they said "Oh sh.., make it do what CATIA V4 can do" (I know, I was there), meanwhile Dassault was already 5 years into the development of V5 (they started when they launched V4). When UGS was carved out of EDS they had a billion dollars of debt, when they were sold to Siemens, the debt was 2 billion and Affuso's dream of doing his own IPO went "poof". The only thing "industry-changing" out of UGS is they'll probably get sold again.... Thats how bad paper is handled.........
Posted by: george boustead | Mar 28, 2008 at 02:32 PM