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Geometric enables data exchange for global engineering
Source: IRIS | 29 Sep, 2015, 01.36PM
Rating: NAN / 5 stars.
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Geometric today announced the release of its next generation collaboration solution, GeometricEDGE to enable design and engineering data exchange between OEMs, partners, and joint ventures for global engineering.

Built based on Geometric’s extensive experience in PLM and interoperability solutions, GeometricEdge leverages the collaboration portal from PDTec AG, a leading provider of software and services for enterprise wide collaboration in product development.

OEMs are entering into new partnerships, or creating joint ventures, to gain access to local markets, technology, and resources, and to increase their product range rapidly. The number of such partnerships and joint ventures is growing quickly. However, inherent differences in the product development methodologies and systems are hampering the timely realization of these partnerships.

Manu Parpia, MD and CEO, Geometric said, "Collaboration is becoming a way of life for our customers be it with each other, their suppliers or joint ventures.  The demand for data exchange, while protecting respective intellectual property is becoming more acute.  GeometricEDGE provides a unique solution, keeping future requirements in mind, and has numerous applications both inside and outside our customer base."

Shares of the company declined Rs 1.05, or 0.79%, to trade at Rs 132.25. The total volume of shares traded was 43,416 at the BSE (1.32 p.m., Tuesday).

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