15.03.2007 06:00:00
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Dassault Systemes Bags Major Larsen & Toubro Contract
Regulatory News:
Dassault Systèmes (DS) (NASDAQ:DASTY)
(Paris:DSY), a world leader in 3D and Product Lifecycle Management (PLM)
solutions, today announced it has secured a major order from Larsen &
Toubro Limited. The technology-driven engineering and construction giant
will adopt cutting edge integrated PLM solutions from DS for its heavy
engineering division. DS’s solutions will
integrate Larsen & Toubro’s stand-alone
design automation and project management tools, increasing efficiency
and savings potential across the division.
"L&T believes that product and process
innovation are at the core of the company’s
ability to compete in the global marketplace. The DS solutions will help
give an enhanced focus on value creation and process simplification,”
explains Mr. M. V. Kotwal, Director and Senior Executive Vice President
Heavy Engineering, Larsen & Toubro. "Working
closely with DS fits well with our enhanced thrust in the manufacturing
sector. DS’s PLM solutions allow users to
create a collaborative workplace that breaks down the barriers between
engineering and design functions, accelerating the product development
process and bringing about a new level of decision support, innovation
and collaboration,” continues Mr. V. K.
Magapu, Chief Executive, L&T Infotech and Member of the L&T Board. DS’s
end-to-end PLM solution will be implemented by L&T’s
IT arm - L&T Infotech.
"Larsen & Toubro operates at the upper end of
the technology spectrum and has been at the forefront of introducing new
processes, products and materials into the manufacturing sector for over
six decades. The company has embraced a long term PLM strategy as
critical to maintaining a competitive advantage. As part of its business
transformation drive, L&T has extended this to include the collaborative
intelligence capabilities of our ENOVIA solutions throughout the product
delivery process with customers, partners and suppliers,”
says Bruno Latchague, EVP, Dassault Systèmes.
L&T will apply DS’s solutions to
processes for the shipbuilding business segment. The deployment includes:
CATIA, for designing the virtual product,
ENOVIA VPLM, 3D collaborative virtual lifecycle management for highly
complex products, resource and manufacturing processes,
and ENOVIA MatrixOne, collaborative product development business
processes for enterprises.
This customer win is the first end-to-end implementation of a recently
established partnership between Infotech Limited and DS. Infotech
Limited is a wholly-owned subsidiary of Larsen & Toubro Limited and has
signed an agreement with DS to provide consulting, development and
implementation services around DS’s
end-to-end PLM portfolio.
About L&T Infotech
Larsen & Toubro Infotech Limited (L&T Infotech), one of the fastest
growing IT Services companies, is ranked by NASSCOM as the 10th
largest software & services exporter from India in the year 2006. It is
part of $ 4.5+ billion Larsen & Toubro Limited (L&T), India’s
largest technology-driven engineering organization. A full-services IT
firm with a blue-chip client roster, it offers comprehensive, end-to-end
software solutions and services in the following industry verticals:
Banking & Securities
Insurance
Energy & Petrochemicals
Manufacturing (Automotive & Construction Equipment; Semiconductor and
Electronics (Hi-tech); Industrial Products; Consumer Packaged Goods;
Utilities & Process)
Product Engineering Services (Communications & Embedded Systems).
L&T Infotech delivers business solutions to its customers, leveraging
its substantial domain experience and depth in technologies like SAP,
Oracle (including PeopleSoft/JD Edwards/Siebel), Microsoft, EAI, and
DW/BI. In addition to application development and maintenance services
(ADM), L&T Infotech has strong capabilities in infrastructure management
(IMS), independent verification and validation testing (IV&V) services,
end-to-end engineering services and embedded system solutions.
L&T Infotech’s vision is to provide
world-class service to clients in its areas of focus, providing
solutions that are based on business and technology insights.
About Dassault Systèmes
As a world leader in 3D and Product Lifecycle Management (PLM)
solutions, Dassault Systèmes brings value to
more than 90,000 customers in 80 countries. A pioneer in the 3D software
market since 1981, Dassault Systèmes develops
and markets PLM application software and services that support
industrial processes and provide a 3D vision of the entire lifecycle of
products from conception to maintenance. The Dassault Systèmes
portfolio consists of CATIA for designing the
virtual product - SolidWorks for 3D mechanical design - DELMIA for
virtual production - SIMULIA for virtual
testing and ENOVIA for global collaborative
lifecycle management, including ENOVIA VPLM, ENOVIA MatrixOne and ENOVIA
SmarTeam. Dassault Systèmes is listed on the
Nasdaq (DASTY) and Euronext Paris (#13065, DSY.PA) stock exchanges. For
more information, visit http://www.3ds.com CATIA, DELMIA, ENOVIA, SIMULIA and SolidWorks are registered
trademarks of Dassault Systèmes or its
subsidiaries in the US and/or other countries. All other companies and
products mentioned herein may be the trademarks of their respective
owners.
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