Renault Continues its Investments in SDRC's Metaphase Enterprise
5 August 1999
Renault Continues its Investments in SDRC's Metaphase Enterprise; SDRC's Product Data Management Software Used to Reduce Costs, Improve Quality Worldwide
CINCINNATI--Aug. 5, 1999--SDRC , a leading global supplier of enterprise product development solutions and developer of I-DEAS(R) and Metaphase(R) Enterprise(TM) software, announced that Renault continues its investments in SDRC's Metaphase Enterprise software bringing its investment to $1.7 million since December 1998.Renault and SDRC started working together in data management in 1996 when Renault first selected Metaphase for its Geometric Data Management (GDG) project. By June 1998, the Metaphase software was in production with over 800 users to design new vehicles. Today, the number of production users is 2,300.
Renault uses Metaphase worldwide for all product definition data sharing and management, including its sites in France, Brazil, Spain and other locations. Renault is continuing its partnership with SDRC by using Metaphase software to reach its goals of reduced costs, faster time-to-market, and increased new vehicle quality.
"The benefits of product data management software at the cutting edge of the technology, coupled with the expertise of SDRC in the automotive industry, are crucial in remaining a strong competitive presence in today's market," said Francois Pistre, director of technical and scientific information systems, Renault.
"Today's competitive global climate is driving automotive manufacturers to develop higher quality and more innovative products, and bring them to market faster than ever before," said Bill Weyand, chairman, CEO and president, SDRC. "Renault's investment demonstrates our leadership position in the automotive market."
About Renault
In 1998, Renault produced a total of more than 2.2 million private, utility and industrial vehicles. The group employs more than 138,000 people worldwide and concentrates its business direction on automotive and industrial vehicles. In 1998, Renault reported revenues totaling 243.9 billion French francs (about 40 Billion $US) of which 61.4 percent was revenue from abroad. A strategy of controlled growth, innovation, quality, cost reduction and internalization have born a net income of 8.8 billion French francs for 1998. In order to accelerate international development, Renault signed a strategic global alliance with the Japanese car constructor Nissan on March 27, 1999. Renault holds a 36.8 percent share in Nissan Motor (automotive) and a 22.5 percent share in Nissan Diesel (trucks). On July 2, 1999, Renault also acquired a 51 percent share in Dacia, the Romanian automotive constructor.
http://www.Renault.com
About SDRC
SDRC (Structural Dynamics Research Corporation) is one of the world's leading providers of enterprise product development solutions with its suite of mechanical design automation software and product data management software. The Company's products, coupled with value-added services, help manufacturers optimize product development early in the design process, enabling them to reduce cost and cycle time while significantly improving quality and time to market. SDRC provides the award-winning I-DEAS(R) product suite of integrated CAD/CAM/CAE software, and the market-leading PDM software, Metaphase(R) Enterprise(TM), which is developed, marketed and supported by SDRC's Metaphase Technology Division. SDRC employs more than 2,500 people worldwide, with 77 offices in 18 countries throughout the Americas, Europe, and Asia/Pacific.
www.sdrc.com
Note to Editors: SDRC, Metaphase and I-DEAS are registered trademarks, and Metaphase Enterprise is a trademark of Structural Dynamics Research Corporation. All other trademarks or registered trademarks belong to their respective holders.