Porsche Drives Innovation and Supports Shortening of Time-to-Market with MatrixOne
WESTFORD, Mass.--Oct. 2, 20031, 2003--| Strategic Investment in the Matrix10 PLM Environment Enhances Company's Global Product Development Process and Ability to Manage Product Configuration Requirements |
MatrixOne, Inc. , the leading provider of collaborative product lifecycle 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) 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.
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) implementation supporting 450 people within their organization. Porsche uses eMatrix with all its integration capabilities to enable seamless data sharing 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. 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, General Electric, Honda, Johnson Controls, Philips, Procter & Gamble, Siemens, and Toshiba. MatrixOne (http://www.matrixone.com/) is headquartered in Westford, Massachusetts with locations throughout North America, 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, 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.