CIMdata PLM Industry Summary Online Archive
27 January 2010
Financial News
VISTAGY Continues to Gain Ground in Global Markets in 2009 by Supporting Entire Engineering Process with Software and Services
- 200+% increase in sales to emerging markets and 50+% growth in services
- 200+highlight company's progress in aerospace, automotive, wind energy,
- 200+transportation interiors and marine industries
VISTAGY, Inc. announced that 2009 sales of its software grew over 200 percent in emerging markets and global professional services surged more than 50 percent. VISTAGY enjoyed significant growth in its target industries—aerospace, automotive, wind energy, transportation interiors and marine—as manufacturers and suppliers continued to seek out VISTAGY’s industry-specific tools that support the entire design-to-manufacturing process for highly engineered products.
Toward that end, in 2009 the company introduced VISTAGY AeroSuite™, a comprehensive solution that enables aircraft manufacturers to more effectively manage the evolving product development process and deliver optimized parts and assemblies in less time at lower cost. In addition to FiberSIM® software, the long-standing, composites engineering solution, AeroSuite includes SyncroFIT®, a product line for designing and manufacturing airframe assemblies and large aerostructures, the Quality Planning Environment™, which enables engineers to ensure airframes are manufactured properly based on condition of supply definitions, and consulting services.
The year was highlighted by Bombardier Aerospace’s decision to standardize on FiberSIM for all composites design-to-manufacturing processes, including the new CSeries aircraft and the all-composite Learjet 85 business jet. Bombardier is streamlining its global supply chain and integrating distributed processes by standardizing the entire composites development process for both programs on FiberSIM.
In 2009 VISTAGY also announced the sale of FiberSIM to CSeries aircraft and the all-composite Premium AEROTEC, a wholly owned subsidiary of EADS and a Tier One supplier to Airbus and Space Exploration Technologies Corporation (SpaceX), a premier developer of launch vehicles and spacecraft for government and commercial use.
“It’s always important to help customers find ways to enhance their efficiency, but that is especially true when the economy is in the doldrums,” said Steve Luby, president and CEO of VISTAGY. “Our products support the entire process for highly complex engineering projects by providing open and flexible, industry-specific tool sets that help customers leverage their existing engineering and product development tools while our professional services enable them to implement effective development processes. These kinds of products and services are resonating strongly in all our target markets around the world.”
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