CIMdata PLM Industry Summary Online Archive
October 1, 2007
Product News
Forming Technologies Releases Largest Portfolio of Forming Feasibility and Costing Solutions in CATIA with CATIA R18
Forming Technologies Inc. (FTI) the industry's leading developer of solutions for design, simulation, and costing of sheet metal components, today announces at the COE 2007 Automotive Industry Workshop in Dearborn, the global availability of their entire suite of CAA based applications for Release 18 of CATIA V5. By leveraging CATIA V5's parametric design and analysis environment, the solutions are fully associative and regenerative to drastically reduce downstream design changes.
CATFORM and CATSTAMP identify 90% of the forming problems within minutes at Product and Process design stages. They also enable 80% reduction of subsequent incremental analyses. Cost Optimizer, CATNEST and ProgNest empower organizations to achieve material cost saving targets of 10-15% by highlighting cost savings opportunities on product and process geometries and by optimizing nesting layouts.
"Our CATIA V5 solutions have been extremely well received by our OEM and Tier 1 clients," said Michael Gallagher, Vice President of Sales and Marketing, FTI. "We recognize the importance of maintaining full compatibility with the latest releases of CATIA since our solutions play such a valuable role in our clients' engineering and procurement processes. We have added several new features that will dramatically enhance our user's performance and increase efficiency."
FTI's CATIA CAA V5 based solutions provide CATIA users with the ONLY fully regenerative and associative environment for fast and accurate blank generation, formability analysis, nest evaluation, and material cost reductions. The software can simulate multiple scenarios in minutes while taking full advantage of total integration within the CATIA environment. All CATIA V5 solutions from FTI are now available in 64-bit versions. It is specifically designed for engineers, estimators, purchasers, planners, and tool and die designers. Currently, Forming Technologies are maintaining products in CATIA within releases 15 through 18.
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