CIMdata PLM Industry Summary Online Archive
11 November 2013
Company News
CONTACT and KOSTECH Intensify their Partnership in Asia
CONTACT Software and KOSTECH Korea Simulation Technology Co. Ltd. are greatly expanding their partnership. The company is already the leading reseller of CONTACT's FCM concept tool in South Korea and supports FCM user Hyundai Motor Company among others. The two companies have now extended the partnership agreement to cover CONTACT's entire solution portfolio. This includes CIM DATABASE for product lifecycle management (PLM) and Project Office for project management. As a full service provider, KOSTECH will also supply consulting and other services to support the deployment of these systems.
KOSTECH has made a name for itself as a reseller of LS-DYNA and other CAE tools. With its expertise in the fields of simulation and computation, the Korean company provides support during the early phases of product development. Based on CONTACT's open component architecture, it is now able to supply leading technology solutions for the entire innovation process coupled with the reliable, focused management of development projects – capabilities that have secured it an excellent position in the Asian market. "PDM/PLM technology has been established in Korea for many years. However, many older systems no longer cover some of the important requirements involved in collaborative product development," explains KOSTECH's managing director, Young-Gu Chung. "Our comprehensive range of high-performance software, consultancy and services addresses the needs of many companies faced with the prospect of changing platform. I am confident that Korean enterprises will be able to solve most of the endemic problem of PDM/PLM by CONTACT Software.”
KOSTECH has now also established a new line of business and today possesses the knowledge needed to implement process optimization projects in the R&D environment efficiently and with a high level of quality. "KOSTECH is an ideal partner for us," says Michael Murgai, Director Strategy & Operations at CONTACT. "They know the market, have an excellent network in the PDM/PLM sector and contribute outstanding expertise from their customer projects."
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