Dassault Systemes: LG Electronics Standardizes on Dassault Systemes PLM Solution to Drive Global Collaboration and Speed Design Innovation.ENOVIA Becomes LG's Standard Enterprise Platform to Support 12,000 Users Implementing "Design Anywhere, Manufacture Anywhere" Strategy LOWELL, Mass. -- Regulatory News: Dassault Syst[c]mes (DS) (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DASTY) (Paris:DSY DSY Drum Storage Yard ), a world leader in 3D and Product Lifecycle Management (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 ) solutions, today announced a major software and services contract to implement 12,000 seats of its ENOVIA[R] PLM suite for South Korean electronics conglomerate LG Electronics. The $38.5 billion international corporation will deploy ENOVIA MatrixOne solutions to streamline product design processes and promote innovation across its 40 global R&D centers (including 35 R&D & five Design Centers) and 36 manufacturing facilities and strengthen its market leadership in the highly competitive global electronics market. LG, the world's largest producer of CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. handsets, residential air conditioners, plasma panels, optical storage products, and DVD players, will use ENOVIA MatrixOne as a central repository for all of its product information. Centralizing product information will make cross-functional innovation faster and easier by giving development teams an arena for viewing and commenting on each others' work. It will also support a "design anywhere, manufacture anywhere" strategy and enable the company to scale to meet expanding market opportunities while enforcing consistent development processes for LG's facilities all over the world. "LG Electronics is fully committed to GSI GSI - Gensym Standard Interface (Global Single Instance) of enterprise-wide backbone systems to establish IT infrastructure where Global Operation and Management are supported effectively. To this end, LGE decided to implement a new PDM system supporting global product development with ENOVIA PLM. This is an important step forward from the existing PLM systems per business unit," said Tae Keuk Kim, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. , LG Electronics. "With the change, R&D organizations across the world can follow a globally standardized best process and share information on any change in the product development process real-time. We expect significant improvement in time-to-market of new products and great reduction in product development cost." "With global competition, increased supply chain collaboration and renewed pressure on profit margins, LG Electronics understands how critical innovation and collaboration are to maintaining an edge in the consumer electronics market. Companies have to move quickly to design and develop new products in order to maximize the relatively short windows of profitability," said Joel Lemke, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , ENOVIA. "ENOVIA's approach to product lifecycle management supports LG's "design anywhere, manufacture anywhere" philosophy by enabling its development teams to collaborate and innovate across geographies and time zones." The ENOVIA solution will leverage a broad array of Central products to implement a series of collaborative product development Collaborative Product Development (Collaborative Product Design) (CPD) is a business strategy, work process and collection of software applications that facilitates different organizations to work together on the development of a product. business processes. This approach will facilitate synergies between divisions, improve operational excellence and enhance time to innovation, which will help to significantly reduce the infrastructure costs. As a key component of the "design anywhere, build anywhere" LG will implement Engineering Central, Product Central and Library Central products to streamline design process and promote collaboration between its 40 worldwide research and development centers. To promote greater openness and interoperability LG will deploy the ENOVIA Designer Central product to manage data in a variety of CAD and ECAD ECAD Electronic Computer-Aided Design ECAD European Cities Against Drugs ECAD European Center for Aviation Development ECAD external carotid artery dysplasia applications including Unigraphics NX3 and NX5, Mentor Graphics, Zuken as well as the suite of Pro/E products from PTC (PTC, Needham, MA, www.ptc.com) Long a world leader in mechanical computer-aided design, manufacturing and engineering software, PTC, through acquisitions and reorganization, has transformed itself into a leading provider of Internet-based B2B solutions for discrete manufacturers. . The ENOVIA solution will also integrate with a variety of enterprise software platforms including Oracle 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. and Microsoft Desktop to facilitate greater collaboration between product engineering and manufacturing operations. LG plans to complete its ENOVIA implementation in 2008. About LG Electronics, Inc. LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 82,000 people working in over 110 operations including 81 subsidiaries around the world. Comprising four business units -- Mobile Communications, Digital Appliance, Digital Display and Digital Media with 2006 global sales of US $38.5 billion -- LG Electronics is the world's largest producer of CDMA handsets, air conditioners, optical storage products and DVD players. For more information, please visit www.lge.com. About Dassault Syst[c]mes: As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Syst[c]mes brings value to more than 100,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Syst[c]mes 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 to recycling. The Dassault Syst[c]mes portfolio consists of CATIA A family of 2D and 3D CAD programs from IBM. CATIA was one of the first CAD programs to provide 3D solid modeling. The program was developed by Dassault Systems, a French aerospace company. for designing the virtual product - SolidWorks for 3D mechanical design - DELMIA DELMIA Digital Enterprise Lean Manufacturing Interactive Application for virtual production - SIMULIA for virtual testing - ENOVIA for global collaborative lifecycle management, and 3DVIA DVIA Dvi Analog for online 3D lifelike experiences. Dassault Syst[c]mes 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, SolidWorks and 3D VIA are registered trademarks of Dassault Syst[c]mes or its subsidiaries in the US and/or other countries. |
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