CIMdata PLM Industry Summary Online Archive

17 October 2005

Implementation Investments

Artemis Surpasses 600,000 Users Worldwide; Company Adds 30 New Customers in First Half 2005

Artemis International Solutions Corporation , a global provider of Investment Planning and ControlT solutions, has surpassed the 600,000 worldwide user mark with 30 new customers signed in first half 2005. The most recent additions include France Telecom, Pfizer, Hitachi, Raytheon, Toyota Australia, LG Micron, LG Chem, Cummins, China Telecom, and NAVSEA, with the vast majority choosing the most recent release of Artemis 7. At the same time, the number of customers focusing on the company's solution for New Product Development (NPD) continues to grow at an aggressive pace.

"The pace at which we continue to grow demonstrates both the excellence of the Artemis solution, as well as the growing demand for management-facing Product Lifecycle Management (PLM) solutions," said Patrick Ternier, president and CEO of Artemis International Solutions Corp. "In order for companies to survive in today's competitive market, they must be able to tie product development to market demand. There is no room for guessing in today's market. The Artemis solution delivers unprecedented capabilities that put stakeholders in the driver's seat-eliminating guesswork when it comes to prioritizing and selecting products and executing cross-functional development projects. With over 600,000 users worldwide, Artemis has clearly demonstrated its leadership as a Product Portfolio Management (PPM) solution provider."

In addition to adding a myriad of new customers, the company continues to grow its existing customer base through new user licenses at such organizations as Chicago Mercantile Exchange, Telecom Italia, Wachovia, Siemens, McData and others. The company also recently announced its latest version of Artemis 7, offering improved project management, enhanced idea management, and support for IBM's DB2 database.

The company's continued focus on real world business requirements allows it to develop solutions that provide immediate benefits to customers. Its emphasis on New Product Development solutions allow organizations to establish clear product goals and objectives that are linked to overall corporate strategy.

"Artemis Solutions help us to automate the Stage Gate process that is a primary R&D process in LG Chem," said Keehyuk Lee, Manager Research Planning, LG Chem. "With the Artemis Solution, we can manage all processes from idea to commercialization including the strategic decision making process."

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