CIMdata PLM Industry Summary Online Archive
12 February 2008
Financial News
Catalog Data Solutions Announces 70% Annual Growth Rate for 2007
Catalog Data Solutions (CDS) announced that its 2007 annual revenue increased by 70% over 2006 and that the fourth quarter (Q4 2007) revenue increased by 100% over the previous year (Q4 2006). In 2007, the company’s new and repeat customers included Accurate Screw Machine, Advanced Machine Engineering, Alstom Signaling, ASCO Valve, ASK Products, Associated Spring Raymond, ASK Products, Assured Automation, Atlas Caster, Buckeye Fasteners, Captive Fasteners, Century Spring, Charlotte Pipe, Design World Online, Designatronics, Emerson Power Transmission, Fibergrate, Gates Fluid Power, Gates Power Transmission Division, Hiplains Filtration, International Gas Springs, J.W. Winco, Micromo, Midwest Controls, Ohio Nut and Bolt, PTC, Rino Mechanical, R&W Couplings, Sofasco, SPX Hytec, Stock Drive Products/Sterling Instrument, Techno and more. In addition the company’s new or renewed partnerships included PTC, Autodesk and SolidWorks and the company launched www.3DModelSpace.com, its new free CAD model search engine.
"Whether they are looking for new parts, spare parts or CAD models our products save design engineers valuable time and make it easier for industrial suppliers’ products to be selected online," said John Major, CEO, Catalog Data Solutions. "More than 90% of design engineers now search for parts online - our 2007 results confirm that manufacturers are increasingly responding by providing their part details and CAD models.”
As Daniel M Smith of the Goodrich Corporation said, “I am a designer, and I dictate where the parts are purchased from. If you have the CAD model I want, you get the sale. It is just that simple.
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