CIMdata PLM Industry Summary Online Archive
7 November 2005
Implementation Investments
Thales Expands Deployment of PTC Solutions Across All Divisions
PTC announced that Thales, an electronics provider and systems integrator to the global aerospace, defense and security markets, has expanded its relationship with PTC by signing a new global 5-year contract. Thales will expand its use of PTC's Product Development System throughout all its divisions.
Thales, a PTC customer since 1991, has chosen PTC as one of its preferred partners for its strategic product lifecycle management (PLM) approach. The company is working with PTC to deliver a re-engineered and updated information system to support the product development process within and across all of its global divisions.
The implementation of PTC solutions will enable Thales to optimize common product development processes and improve sharing, management and control of product development data within and across the divisions. It will also ensure improved collaborative work for the extended product development teams within Thales as well as externally (suppliers, partners and customers).
"Like many of our customers, Thales gains competitive advantage through great products, even as its needs become more complex," said C. Richard Harrison, president and CEO, PTC. "As one of the early adopters of Pro/ENGINEER, Thales has shown its commitment to developing innovative, high-quality products. We are proud to expand our relationship with Thales and to be selected as a strategic partner in its forward-thinking PLM strategy."
Thales is an international electronics and systems group serving defense, aerospace, security and services markets. The Group employs 60,000 people throughout the world and generated revenues of 10.3 billion euros in 2004.
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