CIMdata PLM Industry Summary Online Archive
6 October 2005
Company News
CoCreate Celebrates 5 Years as an Independent Company
CoCreate Software, Inc. celebrates the 5th anniversary of its purchase from HP by employees and an international investment group this week. This year also marks the CoCreate team's 23rd year in the CAD and PLM industry.
CoCreate tools support products created by more than 14,000 customers worldwide, including some of the most successful companies in electronics, mechanical machinery, aerospace, defense and automotive industries. In fact, nearly every printer manufacturer in the world uses CoCreate's products.
CoCreate pioneered and now dominates the Dynamic Modeling segment of the 3D CAD market, a unique approach to 3D design that eliminates history-based constraints inherent in other mainstream CAD tools, and provides flexibility to designers. And over the past five years, CoCreate has continued to introduce new products that deliver the most adaptive design environments for achieving lean product development across a global network.
"Our guiding vision is to enable companies of any size to achieve lean product development," said William M. Gascoigne, CoCreate CEO. "Supporting design flexibility, automating processes, removing complexity, enabling global teams to communicate in real time ... behind all of our work is the idea that innovative software can lead to fast, flexible, and cost effective development."
CoCreate products have always resonated with companies facing time to market pressures, traditionally the electronics and mechanical machinery industries. However, globalization has applied this pressure to virtually all industries. Development cycles have compressed across all product categories, and time to market is more critical today than ever before. These market conditions are driving cross industry demand for CoCreate's unique solutions.
"Dynamic modeling greatly eases 3D adoption, and using 3D throughout product development removes significant complexity. We are now linking the richness of 3D to ERP, and customers are able to make a big step towards product lifecycle management, without a heavy PLM system implementation," said William Gascoigne. "CoCreate provides the product development backbone for some of the most innovative and fast paced companies in the world."
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