Porsche Drives Innovation and Supports Shortening of Time-to-Market with MatrixOne.Business Editors/High-Tech Writers WESTFORD, Mass.--(BUSINESS WIRE)--Oct. 21, 2003 Strategic Investment in the Matrix10 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 Environment Enhances Company's Global Product Development Process and Ability to Manage Product Configuration Requirements MatrixOne, Inc. (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 : MONE), the leading provider of collaborative 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 solutions for the value chain(TM), today announced that Porsche will implement Matrix10(TM) to manage the development of its products throughout the entire product lifecycle. Matrix10, the industry's most flexible PLM environment, will replace Porsche's existing legacy Product Data Management (PDM (1) (Product Data Management) An information system used to manage the data for a product as it passes from engineering to manufacturing. The data includes plans, geometric models, CAD drawings, images, NC programs as well as all related project data, notes and ) system and will allow the company to respond to the increasing demand for new and highly configured product offerings. Porsche's home-grown, legacy PDM system had proven an excellent success for the last 20 years. This system, however, contained a number of inherent limitations in terms of future requirements on its scalability, global accessibility and missing Web technology. As a result, the company sought the creation of a PDM backbone system that could be accessed not only by Porsche's own production plants, but by those of its partners and suppliers worldwide. Furthermore, Matrix10 will provide the platform for other company-specific and individually developed applications as well as a homogeneous integration to its SAP-ERP system. And Matrix10 shall support the growing trend of complex product configuration in the automobile industry automobile industry, the business of producing and selling self-powered vehicles, including passenger cars, trucks, farm equipment, and other commercial vehicles. . With the introduction of Matrix10, Porsche is able to support its global product development process more efficiently. The use of Matrix10 will allow Porsche's global value chain to collaborate directly with Porsche's engineering teams via the Internet through the web-based applications inherent in Matrix10. This will enable Porsche to involve external suppliers and engineering partners as early as possible in the design process, which produces tangible results in many areas across the business. Prior to selecting Matrix10, in 1999 Porsche deployed MatrixOne's eMatrix(R) platform in a Digital Mock Up (DMU (Digital MockUp) The combination of geometry data from multiple CAD systems rendered and manipulated as a sub-assembly, assembly and/or product. DMU - Data Management Unit Data Manipulation Unit Data Multiplexer Unit ) implementation supporting 450 people within their organization. Porsche uses eMatrix with all its integration capabilities to enable seamless data sharing The ability to share the same data resource with multiple applications or users. It implies that the data are stored in one or more servers in the network and that there is some software locking mechanism that prevents the same set of data from being changed by two people at the same time. with the most critical applications and design tools including its legacy databases. Based on the success of this deployment the company selected Matrix10 for the larger, enterprise-wide deployment. Moving forward, the company intends to upgrade the Digital Mock Up (DMU) implementation to Matrix10 as well. With the complete deployment of Matrix10, 3,750 users worldwide at Porsche will be supported. 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 This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. , General Electric, Honda, Johnson Controls Johnson Controls, Inc. (NYSE: JCI) is a United States company, based in Milwaukee, Wisconsin, specializing in the design, manufacturing, and installation of automotive systems, automotive batteries (Optima[1] based in Denver, Colorado) and climate control systems. , Philips, Procter & Gamble, Siemens, and Toshiba. MatrixOne (http://www.matrixone.com/) is headquartered in Westford, Massachusetts Westford is a town in Middlesex County, Massachusetts, United States. The population was 20,754 at the 2000 census. History Westford was first settled in 1635. Originally a part of neighboring Chelmsford, West Chelmsford soon grew large enough to sustain its own with locations throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, and Asia/Pacific. MatrixOne, the MatrixOne logo and eMatrix are registered trademarks. Matrix10, "a leading provider of collaborative product lifecycle management (PLM) solutions for the value chain," MatrixOne Program Central Matrix PLM Platform, MatrixOne Sourcing Central, MatrixOne Supplier Central and MatrixOne Engineering 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 Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , 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. |
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