SofTech, Inc. News
CIMdata Reports on SofTech’s PLM for Mid-Sized Manufacturing Enterprises
Report Validates the Growing PLM Demand and Business Benefits Gained By Mid-Sized Manufacturers and Finds SofTech’s ProductCenter PLM Solution as a Strong PLM Alternative for these CompaniesTEWKSBURY, Mass. — May 3, 2005 — SofTech, Inc. (OTCBB: SOFT), a proven provider of product lifecycle management (PLM) solutions, announced the availability of a new report prepared by leading industry analyst CIMdata entitled “PLM for Mid-Sized Manufacturing Enterprises – A Program Review of SofTech’s ProductCenter PLM”. The paper is intended for mid-sized manufacturers that are considering a PLM deployment or expansion of their existing PLM implementation.
The following is an Executive Summary excerpt from the CIMdata report summarizing its contents:
CIMdata expects the PLM market to continue to grow at a solid pace, with the most rapid growth expected among mid-sized manufacturers. This growth will accelerate as these enterprises recognize the need to improve their management of intellectual assets (an enterprise’s key to enabling product and process innovation) and more clearly recognize their need to become better integrated with customers and suppliers to address cost, quality, and delivery.
This paper provides a review of SofTech’s ProductCenter PLM solution offering. If covers how and why mid-sized companies are implementing PLM in record numbers by explaining PLM and its benefits. The paper then reviews SofTech’s ProductCenter PLM product offering, and includes results of interviews that CIMdata has conducted with a number of SofTech’s customers. The results of the customer interviews are impressive and indicate that SofTech is successfully supporting these mid-sized manufacturers with its offerings.
The full CIMdata report is available free of charge on SofTech’s Web site at www.softech.com.About CIMdata, Inc.
CIMdata, a leading independent worldwide firm, provides strategic consulting to maximize an enterprise’s ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM). CIMdata works with both industrial organizations and suppliers of technologies and services seeking competitive advantage in the global economy by providing world-class knowledge, expertise, and best-practice methods on PLM solutions.
CIMdata helps industrial organizations establish effective PLM strategies, identify requirements, and select PLM technologies, optimize their operational structure and processes to implement solutions, and deploy these solutions.
For PLM solution suppliers, CIMdata helps define business and market strategies, delivers worldwide market information and analyses, provides education and support for internal sales and marketing teams, as well as overall support at all stages of business and product programs to make them optimally effective in their markets.
CIMdata provides world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM enabling technologies.
In addition to consulting, CIMdata conducts research, provides PLM-focused subscription services, and produces several commercial publications. The company also provides industry education through international conferences in North America, Europe, and the Pacific region.
To learn more about CIMdata’s services, visit our website at www.CIMdata.com or contact CIMdata at: 3909 Research Park Drive, Ann Arbor, MI 48108, USA. Tel: +1 (734) 668-9922. Fax: +1 (734) 668-1957.
About SofTech, Inc.
SofTech, Inc. (OTCBB: SOFT) is a proven provider of product lifecycle management (PLM) solutions with its flagship ProductCenter™ PLM solution, and its computer-aided design and manufacturing (CAD/CAM) products, including CADRA™ and Prospector™.
SofTech's solutions accelerate products and profitability by fostering innovation, extended enterprise collaboration, product quality improvements, and compressed time-to-market cycles. SofTech excels in its sensible approach to delivering enterprise PLM solutions, with comprehensive out-of-the-box capabilities, to meet the needs of manufacturers of all sizes quickly and cost-effectively.
Over 100,000 users benefit from SofTech solutions, including General Electric Company, Goodrich, Honeywell, Siemens, Sikorsky Aircraft, U.S. Army, and Whirlpool Corporation. Headquartered in Tewksbury, Massachusetts, SofTech (www.softech.com) has locations and distribution partners throughout North America, Europe, and Asia.
SofTech, CADRA, ProductCenter and Prospector are trademarks of SofTech, Inc. All other products or company references are the property of their respective holders.
SOFTECH COMPANY CONTACT:
Crissy Bardani
Director of Marketing
SofTech, Inc.
cbardani@softech.com
(978) 513-2700 Ext. 265
