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16.05.2005 22:31:00
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Bosch Selects MatrixOne PLM to Drive Collaboration and Speed Product D
Bosch Selects MatrixOne PLM to Drive Collaboration and Speed Product Development Global Rollout of the MatrixOne PLM Platform to Integrate all Existing Company Systems while Improving Information Re-use Across the Company
MatrixOne, Inc. (NASDAQ: MONE), a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain(TM), today announced that the Bosch Group, one of Europe's leading industrial and electronic corporations, has selected The MatrixOne(R) PLM platform to be implemented across its global operations to drive collaboration and speed product development. Over time, thousands of Bosch employees worldwide will be linked to the MatrixOne PLM platform and Bosch's existing product data management (PDM) systems will be integrated into the MatrixOne system.
In highly competitive global markets, innovations based on new approaches in product development and production are pivotal for a company's success. For this reason, Bosch made the decision to switch from a divisional PDM structure to a global PLM structure, providing the Group with a significant increase in synergy due to closer collaboration and cooperation across all divisions--and faster integration of strategically important suppliers into the product development process.
In addition, by optimizing its work processes and re-using existing information, the Bosch Group will gain a competitive advantage as they speed up product development and shorten time-to-market--all while reducing costs. Moreover, Bosch has an additional goal for their implementation of the MatrixOne PLM platform--to integrate the three worlds of mechanics, electronics and software. In order for products to be developed on-time and on-budget, these various disciplines must work together on an enterprise product data view that is automatically updated with the latest information--no matter where these designers and system engineers are based in the world.
"After careful consideration, we decided on MatrixOne because of its high level of flexibility and adaptability," said Dr. Heinz Derenbach, head of technology and development in central division information processing at Bosch. "In addition, it is compatible to our overall architecture."
Project Stages
As a first phase, the MatrixOne PLM platform will be installed in two divisions and used as an information system on a global level. For this purpose, data from existing PDM installations in different Bosch divisions will be made available in MatrixOne PLM.
Parallel to that project, the MatrixOne PLM platform will be introduced as a team data manager application allowing the integration of component data from ECAD applications for improved electronic design data management.
In addition, MatrixOne's new Materials Compliance Central(TM) application will be implemented, thus ensuring that the new laws regarding obligatory reports on materials and pollutants are observed. These new EU regulations effect Europe's automotive and electronic industries in particular, as they are aimed at reducing the use of hazardous materials and promoting the recycling of materials. The WEEE (Waste of Electrical and Electronic Equipment) directive will come into effect in August 2005 and the RoHS (Restriction of the Use of Certain Hazardous Substances in Electrical and Electronic Equipment) will be in effect in July 2006. To comply with these laws, manufacturers must implement specific processes in order to collect, organize, analyze and report data on all materials and substances used in new products.
Bosch also plans to create an e-sourcing platform for project purchasing, based on the MatrixOne PLM Platform. Increasing the re-use of information, parts and components will reduce costs and help the company realize further improvements in product quality.
About Bosch
The German Bosch Group is one of Europe's leading industrial corporations, achieving a global turnover of EUR 36.4 billion in 2003. With 232,000 employees and more than 50 per cent outside Germany, the Group is active in three divisions: Automotive Technology, Industrial Technology and Consumer Goods and Building Technology. The company was founded in 1886 by Robert Bosch, when he opened his "Workshop for Precision Mechanics and Electrical Engineering" in Stuttgart.
About MatrixOne
MatrixOne, Inc. (NASDAQ: MONE) is a recognized leader in delivering collaborative Product Lifecycle Management (PLM) solutions. We provide flexible solutions that unleash the creative power of global value chains to inspire innovations and speed them to market. MatrixOne's customers include global leaders in the aerospace and defense, automotive, consumer products, high technology, life sciences, machinery, and the process industries, including Agilent Technologies, General Electric, Honda, Johnson Controls, Philips, Procter & Gamble, Siemens, and Toshiba. MatrixOne (http://www.matrixone.com/) is headquartered in Westford, Massachusetts with locations throughout North America, Europe, and Asia/Pacific.
MatrixOne and the MatrixOne logo are registered trademarks and "a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain" and Materials Compliance Central are trademarks of MatrixOne, Inc. All other trademarks and service marks are the property of their respective owners.
Forward-looking statements in this release are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. Such statements may relate, among other things, to our plans, objectives and expected financial and operating results. The risks and uncertainties that may affect forward-looking statements include, among others: poor product sales, long sales cycles, difficulty developing new products, difficulty in relationships with vendors and partners, higher risk in international operations, difficulty assimilating future acquisitions, difficulty managing rapid growth, and increased competition. For more about the risks and uncertainties of our business, see our periodic and other S.E.C. filings.
--30--GK/bo*
Business Editors/Technology Editors
WESTFORD, Mass.--(BUSINESS WIRE)--May 16, 2005--
MatrixOne, Inc. (NASDAQ: MONE), a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain(TM), today announced that the Bosch Group, one of Europe's leading industrial and electronic corporations, has selected The MatrixOne(R) PLM platform to be implemented across its global operations to drive collaboration and speed product development. Over time, thousands of Bosch employees worldwide will be linked to the MatrixOne PLM platform and Bosch's existing product data management (PDM) systems will be integrated into the MatrixOne system.
In highly competitive global markets, innovations based on new approaches in product development and production are pivotal for a company's success. For this reason, Bosch made the decision to switch from a divisional PDM structure to a global PLM structure, providing the Group with a significant increase in synergy due to closer collaboration and cooperation across all divisions--and faster integration of strategically important suppliers into the product development process.
In addition, by optimizing its work processes and re-using existing information, the Bosch Group will gain a competitive advantage as they speed up product development and shorten time-to-market--all while reducing costs. Moreover, Bosch has an additional goal for their implementation of the MatrixOne PLM platform--to integrate the three worlds of mechanics, electronics and software. In order for products to be developed on-time and on-budget, these various disciplines must work together on an enterprise product data view that is automatically updated with the latest information--no matter where these designers and system engineers are based in the world.
"After careful consideration, we decided on MatrixOne because of its high level of flexibility and adaptability," said Dr. Heinz Derenbach, head of technology and development in central division information processing at Bosch. "In addition, it is compatible to our overall architecture."
Project Stages
As a first phase, the MatrixOne PLM platform will be installed in two divisions and used as an information system on a global level. For this purpose, data from existing PDM installations in different Bosch divisions will be made available in MatrixOne PLM.
Parallel to that project, the MatrixOne PLM platform will be introduced as a team data manager application allowing the integration of component data from ECAD applications for improved electronic design data management.
In addition, MatrixOne's new Materials Compliance Central(TM) application will be implemented, thus ensuring that the new laws regarding obligatory reports on materials and pollutants are observed. These new EU regulations effect Europe's automotive and electronic industries in particular, as they are aimed at reducing the use of hazardous materials and promoting the recycling of materials. The WEEE (Waste of Electrical and Electronic Equipment) directive will come into effect in August 2005 and the RoHS (Restriction of the Use of Certain Hazardous Substances in Electrical and Electronic Equipment) will be in effect in July 2006. To comply with these laws, manufacturers must implement specific processes in order to collect, organize, analyze and report data on all materials and substances used in new products.
Bosch also plans to create an e-sourcing platform for project purchasing, based on the MatrixOne PLM Platform. Increasing the re-use of information, parts and components will reduce costs and help the company realize further improvements in product quality.
About Bosch
The German Bosch Group is one of Europe's leading industrial corporations, achieving a global turnover of EUR 36.4 billion in 2003. With 232,000 employees and more than 50 per cent outside Germany, the Group is active in three divisions: Automotive Technology, Industrial Technology and Consumer Goods and Building Technology. The company was founded in 1886 by Robert Bosch, when he opened his "Workshop for Precision Mechanics and Electrical Engineering" in Stuttgart.
About MatrixOne
MatrixOne, Inc. (NASDAQ: MONE) is a recognized leader in delivering collaborative Product Lifecycle Management (PLM) solutions. We provide flexible solutions that unleash the creative power of global value chains to inspire innovations and speed them to market. MatrixOne's customers include global leaders in the aerospace and defense, automotive, consumer products, high technology, life sciences, machinery, and the process industries, including Agilent Technologies, General Electric, Honda, Johnson Controls, Philips, Procter & Gamble, Siemens, and Toshiba. MatrixOne (http://www.matrixone.com/) is headquartered in Westford, Massachusetts with locations throughout North America, Europe, and Asia/Pacific.
MatrixOne and the MatrixOne logo are registered trademarks and "a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain" and Materials Compliance Central are trademarks of MatrixOne, Inc. All other trademarks and service marks are the property of their respective owners.
Forward-looking statements in this release are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. Such statements may relate, among other things, to our plans, objectives and expected financial and operating results. The risks and uncertainties that may affect forward-looking statements include, among others: poor product sales, long sales cycles, difficulty developing new products, difficulty in relationships with vendors and partners, higher risk in international operations, difficulty assimilating future acquisitions, difficulty managing rapid growth, and increased competition. For more about the risks and uncertainties of our business, see our periodic and other S.E.C. filings.
--30--GK/bo*
CONTACT: MatrixOne, Inc. Sharon Rodger, 978-589-4066 sharon.rodger@matrixone.com or fama PR Jeff Drew, 617-758-4145 jdrew@famapr.com
KEYWORD: MASSACHUSETTS INDUSTRY KEYWORD: HARDWARE SOFTWARE NETWORKING SOURCE: MatrixOne, Inc.
Copyright Business Wire 2005
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