Worldwide industry leading motor manufacturer uses CATIA V5 to enhance design capability and maintain competitive edge
Taipei, Taiwan and Paris, France January 21, 2003 TECO Electric & Machinery Ltd. (TECO), a worldwide industry leading motor manufacturer, IBM, and Dassault Systemes (Nasdaq: DASTY, Euronext Paris:13065, DSY.PA) today announced that TECOs successful migration to CATIA V5, a core application of IBMs Product Lifecycle Management portfolio developed by Dassault Systemes, has shortened its product design time by 50%.
TECO migrated from a 2D CAD system to CATIA Version 5, the worlds leading Product Lifecycle Management solution for collaborative product development, in 2001. In addition to its Chung-Li factory in Taiwan, TECO also is deploying CATIA V5 in China and Indonesia. By implementing CATIA V5, TECO has been able to combine virtual product design and manufacturing, and cut the development time of its motor products in half.
The key feature that helped us reduce production time is CATIA V5s ability to simulate the entire product lifecycle, said Daniel Shih, technical executive & general manager, Overseas Industrial Products Business Division, TECO. Thanks to this, time previously spent on design, data sharing, and data transfer was reduced, while the number of errors during the design process were also cut down. In addition, the seamless migration from our 2D CAD system enabled us to maintain the high levels of quality and efficiency in our design process.
"More and more customers who recently migrated to IBM's PLM platform, such as TECO, are seeing dramatic savings in design time and economic benefits, said Raoul Van Engelshoven, vice president, IBM Product Lifecycle Management, Asia Pacific. At IBM PLM, we are committed to ensuring manufacturing customers reap the benefits that PLM and e-collaboration have to offer. We will continue to provide our customers with powerful solutions and services to keep them ahead of the competition, while strengthening their bottom line."
As one of the worlds leading motor manufacturers, it is vital for TECO to continually seek to improve its product design and development processes, said Francis Bernard, executive committee advisor, Dassault Systemes. CATIA V5 has helped TECO cut down both production time and costs and we look forward to developing future solutions that provide further competitive advantages.
Product Lifecycle Management, a phrase coined by IBM and Dassault Systemes in 1999 during the emergence of strategic product-centric business processes, helps companies manage every stage of a product's lifecycle, allowing e-collaboration across geographic boundaries, both internally by all product-related functions and with suppliers and customers, from initial product conception through after-sales maintenance. PLM solutions from IBM and Dassault Systemes help manufacturers of all types innovate, improve quality, and reduce both costs and product development times.
TECO was founded in March of 1956 as a motor manufacturer and has since developed into a global industrial conglomerate. TECO Electric & Machinery (Pte Ltd) was founded in Singapore in 1972. The company acquired Westinghouse Motor Company (USA) in 1995, and a year later entered the electronic communications market, establishing Mobitai Communications, as well as obtaining a license to provide mobile phone services in central Taiwan. TECO also entered a strategic alliance for the Taiwan High-Speed Rail project in 1997, and in December 2000 it set up eValue Commerce Co., Ltd., bringing electronics into the age of e-commerce. In 2001, TECO moved into the Organic Light-Emitting Diode (OLED) sector of the optics industry by establishing TECO Optronics Co Ltd. Over the past 45 years, the company has taken a gradual step-by-step approach to its growth. Today, TECO is an international business group leader with expertise in the electronics, information, telecommunications, mass-transportation and restaurant industries.
Information about TECO is available at http://www.teco.com.tw
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About Dassault Systemes
As world leader in 3D PLM (three-dimensional Product Lifecycle Management) solutions, the Dassault Systemes group brings value to more than 55,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systemes develops and markets 3D PLM application software and services that support industrial processes and provide a 3D vision of the entire life cycle of products from conception to retirement. Its offering includes 3D PLM integrated solutions for product development (CATIA, ENOVIA, DELMIA, SMARTEAM), general-use 3D solutions (SolidWorks), and 3D components (SPATIAL). Dassault Systemes is listed on the Nasdaq (DASTY) and Euronext Paris (13065, DSY.PA) stock exchanges. For more information, visit http://www.3ds.com
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