Cimdata Logo

Industry Summary Articles

Friday, October 17, 2014

Lectra Wins EY's 2014 International Company of the Year Award

Lectra is pleased to announce that it has won the 2014 International Company of the Year Award for France after receiving the same distinction on September 24 for the country’s southwest region.

EY, one of the world leaders in advisory, assurance, tax and transaction services, started its Entrepreneur of the Year awards program in 1986 in the United States. The program now spans more than 58 countries, and this was the 22nd year the prize was awarded in France.

“This International Company of the Year Award reflects the broad scope of Lectra, which serves its customers in more than 100 countries and achieves 92% of its revenues overseas," said Daniel Harari, Lectra CEO. "We are a transnational company with 32 subsidiaries abroad and more than 1,400 employees representing 50 different nationalities."

A ‘glocal’ company, Lectra has succeeded internationally and, at the same time, maintained strong local roots. The company has preserved its French DNA with its headquarters based in Paris and its production and R&D facilities located in Cestas, southwest France—a French touch that Lectra is very proud of. “We have been successful globally because we made the bold choice to continue our production in France, a guarantee of savoir-faire and quality, while others relocated to China. We preferred to reinforce the close cooperation between our teams of experts and researchers, a complete reengineering of our solutions and an upscale positioning to continually add value for our customers," explained Daniel Harari.

Lectra’s strength also lies in the composition of its local teams. "Apart from some very rare exceptions, our subsidiary managing directors are local hires, which is not the case in all multinational companies. This is very important because it allows us to create a real proximity with our customers, and therefore a full understanding of their operational needs," added Daniel Harari.

These choices are a winning strategy as Lectra now attracts an increasing number of customers from highgrowth markets such as China, Brazil, South Korea and United States. "Over the years, Lectra has gained market share and today holds a very strong position with renowned customers in all its business sectors. In the fashion market for example, Lectra serves almost 100% of luxury brands," said Daniel Harari. Daniel Harari dedicated the International Company of the Year Award to Lectra’s teams. “This prize belongs to all our collaborators. Multiculturalism is a gateway to the world and a wonderful asset on a daily basis. We never stop learning from each other,” he said.

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

This report presents CIMdata’s overview of the worldwide CAM software and services market. It also includes a discussion on the trends in the CAM industry and updates on the top CAM solution providers.