CIMdata PLM Industry Summary Online Archive
18 April 2013
Company News
DEM Solutions Named 2013 Red Herring Top 100 Europe Winner
DEM Solutions announced it was selected as a Red Herring Top 100 winner, recognizing the Company as one of Europe’s leading privately held technology companies with disruptive technology in the Computer-Aided-Engineering (CAE) simulation software sector.
“Selecting early-stage companies that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds of candidates from all across the UK and Europe, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe DEM Solutions demonstrates the vision, drive and innovation that define a Red Herring winner.”
“DEM Solutions’ growth demonstrates that companies with technologies and solutions that address real market needs and compelling business models can prosper even in a challenging economic climate,” stated Dr John Favier, CEO of DEM Solutions. “DEM simulation is now being widely adopted in many of the major equipment manufacturing and process industries, as it provides a ‘real world’ level of detail of bulk solid materials like no other CAE technology. Our EDEM® simulation software, supported globally with our application and deployment know-how, enables us to address a broad spectrum of industries wishing to employ DEM in their engineering design and R&D. Having established a broad customer base of Tier 1 companies and leading academic research institutes, we are expanding our product portfolio to deliver software solutions for key sectors such as Mining which is set to gain enormous value from DEM simulation. We believe our EDEM BulkSim Solutions for the Mining industry will become the industry standard for simulation-based design of production critical bulk materials handling equipment, such as chutes and transfer points, that are better performing, more reliable, improve user safety and improve the bottom line.”
Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
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