Centric Software Announces Patents that Reduce Design Iterations and Time-to-Market; Patents Expedite New Product Development and Global Team Communication.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. -- Centric Software, Inc., the leading provider of OpenPLM(TM) solutions for the extended enterprise, today announced two patents that expedite the new product development process allowing companies to reduce product development cycles and time-to-market. Centric has been granted a patent titled "Simulation Program Having Generic Attribute Access Schema" that allows Centric Decision Center users to add further meaning to data aggregated from incompatible source systems, thus creating a more complete picture of projects or products for greater contextual analysis. The Centric Decision Center implements Centric's OpenPLM connectivity that continually extracts and aggregates key data from multiple source systems, and re-presents the data in new, meaningful combinations. However, extracted, aggregated data from mixed-source PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design , ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. , CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. and other systems may lack key unifying elements, such as color or cost, that facilitate collaboration on projects or products across dispersed teams. With this patent, Centric Decision Center users can map new elements to existing data in real-time. The resulting combination allows a more meaningful and accurate representation of shared project and product information. "The unique value of this patent lies not just in the fact that we can add elements to aggregated data, but in our ability to use the added elements to facilitate communication so companies can bring winning products to market more quickly," said Chris Groves, chief executive officer of Centric Software. "This patent, and the second described below, further our goal, which is to continually deliver technology that accelerates innovation for product and program execution." The second patent, "Multi-Threaded Frame Safe Synchronization of a Simulation," enables design engineers to run more accurate, realistic real-time simulations on products before developing prototypes. The technology integrates multiple sources of engineering data to create smooth, visually accurate 3D images. "Even the smallest design flaw can delay a new product introduction by months, which may result in missing a critical market window and lost revenue," said Ron Watson, vice president of product development for Centric Software. "By overcoming potential obstacles in new product introductions, both of these patents assist with the difficult challenge of aggregating product information to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. market opportunities." About Centric Software Centric Software accelerates innovation and program execution through its industry-leading OpenPLM(TM) solutions. The OpenPLM federated Connected and treated as one. See federated database and federated directories. systems solutions provide distributed enterprises with "out-of-the-box" connectivity to major operational and product lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. management (PLM) systems. Global enterprises, such as Bristol-Myers Squibb, Hamilton Sundstrand, Siemens, SNC-Lavalin, Timex, Volvo, Iowa State University Academics ISU is best known for its degree programs in science, engineering, and agriculture. ISU is also home of the world's first electronic digital computing device, the Atanasoff–Berry Computer. and others, use Centric's OpenPLM solutions to achieve top line revenue growth and direct cost reductions. Customers represent multiple industries, including aerospace, automotive, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , AEC/owner operator, life sciences, consumer electronics companies and universities. |
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