• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Centric Software Announces Patents That Reduce Design Iterations and Time-to-Market; Patents Expedite New Product Development and Global Team Communication

Posted on: Tuesday, 1 November 2005, 09:00 CST

Centric Software, Inc., the leading provider of OpenPLM(TM) solutions for the extended enterprise, today announced two patents that expedite the new product development process allowing companies to reduce product development cycles and time-to-market.

Centric has been granted a patent titled "Simulation Program Having Generic Attribute Access Schema" that allows Centric Decision Center users to add further meaning to data aggregated from incompatible source systems, thus creating a more complete picture of projects or products for greater contextual analysis.

The Centric Decision Center implements Centric's OpenPLM connectivity that continually extracts and aggregates key data from multiple source systems, and re-presents the data in new, meaningful combinations. However, extracted, aggregated data from mixed-source PLM, ERP, CRM and other systems may lack key unifying elements, such as color or cost, that facilitate collaboration on projects or products across dispersed teams. With this patent, Centric Decision Center users can map new elements to existing data in real-time. The resulting combination allows a more meaningful and accurate representation of shared project and product information.

"The unique value of this patent lies not just in the fact that we can add elements to aggregated data, but in our ability to use the added elements to facilitate communication so companies can bring winning products to market more quickly," said Chris Groves, chief executive officer of Centric Software. "This patent, and the second described below, further our goal, which is to continually deliver technology that accelerates innovation for product and program execution."

The second patent, "Multi-Threaded Frame Safe Synchronization of a Simulation," enables design engineers to run more accurate, realistic real-time simulations on products before developing prototypes. The technology integrates multiple sources of engineering data to create smooth, visually accurate 3D images.

"Even the smallest design flaw can delay a new product introduction by months, which may result in missing a critical market window and lost revenue," said Ron Watson, vice president of product development for Centric Software. "By overcoming potential obstacles in new product introductions, both of these patents assist with the difficult challenge of aggregating product information to capitalize on market opportunities."

About Centric Software

Centric Software accelerates innovation and program execution through its industry-leading OpenPLM(TM) solutions. The OpenPLM federated systems solutions provide distributed enterprises with "out-of-the-box" connectivity to major operational and product lifecycle management (PLM) systems. Global enterprises, such as Bristol-Myers Squibb, Hamilton Sundstrand, Siemens, SNC-Lavalin, Timex, Volvo, Iowa State University and others, use Centric's OpenPLM solutions to achieve top line revenue growth and direct cost reductions. Customers represent multiple industries, including aerospace, automotive, consumer goods, AEC/owner operator, life sciences, consumer electronics companies and universities.

Source: Business Wire

More News in this Category