Part of CIMdata’s expanding coverage of the S&A segment
Ann Arbor, Michigan, 20 November 2013 – CIMdata, Inc., the leading global PLM strategic management consulting and research firm announces the publication of the first Simulation & Analysis Market Analysis Report, a new module of the CIMdata PLM Market Analysis Report (MAR) series. This new report follows the publication of the Simulation & Analysis (S&A) Market Overview Report earlier this year. The S&A MAR report includes a detailed market segmentation, a discussion of trends in the market, revenues of leading S&A solution providers, and revenue analyses for geographical regions, industry sectors, and historical and projected data on market growth. The report also includes profiles of the leading S&A firms.
“CIMdata is pleased to add extended coverage of this important segment to our PLM MAR series. Simulation & Analysis has been the fastest growing segment in PLM for the last several years and plays a vital role in product and process innovation. We estimate the S&A segment at just over $4 billion in 2012, and forecast that the S&A market will exceed $7 billion in 2017, with a 11.9% CAGR,” stated Stan Przybylinski, Vice President of Research at CIMdata. “Given the drive to digital product definition, end users are placing greater emphasis on simulation for virtual product validation,” stated Dr. Keith Meintjes, leader of CIMdata’s Simulation & Analysis Knowledge Council, a group of industrial companies and software and service providers that collaborate to advance the state of the practice in S&A. Keith added, “The emphasis on up-front simulation driven design is resulting in improved capabilities for multi-physics trade studies, optimization, and geometry and topology synthesis. Web and cloud deployment models have the potential to greatly democratize the use of simulation for many more users in smaller companies.”
More information on the CIMdata S&A Market Analysis Report can be found at www.CIMdata.com.
CIMdata, a leading independent worldwide firm, provides strategic management consulting to maximize an enterprise’s ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM) solutions. Since its founding in 1983, CIMdata has delivered world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM-enabling technologies.
CIMdata works with both industrial organizations and suppliers of technologies and services seeking competitive advantage in the global economy. In addition to consulting, CIMdata conducts research, provides PLM-focused subscription services, and produces several commercial publications. The company also provides industry education through PLM certificate programs, seminars, and conferences worldwide. CIMdata serves clients around the world from offices in North America, Europe, and Asia- Pacific. To learn more about CIMdata’s services, visit our website at www.CIMdata.com, follow us on Twitter: http://twitter.com/CIMdataPLMNews, or contact CIMdata at: 3909 Research Park Drive, Ann Arbor, MI 48108, USA, Tel: +1 734.668.9922. Fax: +1 734.668.1957; or at Oogststraat 20, 6004 CV Weert, The Netherlands, Tel: +31 (0) 495.533.666.
For more information contact
Cheryl Peck, Director of Marketing
Tel: +1 734.668.9922
Stan Przybylinski, Vice President of Research
Tel: +1 734.668.9922