EDS has announced that leading product lifecycle management (PLM) consulting and research firm CIMdata has confirmed EDS as the market revenue leader in the PLM industry`s highest-growth segment - collaborative Product Definition Management (cPDm) - for the second consecutive year.
CIMdata defines cPDm as a business process that enables enterprises to harness their innovation process through effective management of the full product definition lifecycle in their extended enterprise.
It is provided through a combination of best-practices processes and technologies such as product data management, collaboration, visualisation, collaborative product commerce, enterprise applications integration and components supplier management. CIMdata estimates the market for cPDm software and services to achieve a compound annual growth rate of 17% until 2007.
"We are gratified CIMdata has once again confirmed EDS`s leadership position in cPDm, the fastest growing segment of the PLM market," said Tony Affuso, president, EDS PLM Solutions.
"EDS`s recognition of cPDm as the critical enabling technology of PLM has helped fuel our success by enabling us to focus on the area of PLM that creates the most value for our clients. The open, scalable nature of our world-class cPDm software and services offerings enables rapid, effective PLM deployments that integrate with the most complex product development environments. As a result, our clients can focus their efforts on delivering superior products to their customers rather than redesigning their IT infrastructure."
CIMdata Analysis
CIMdata looked at three categories to determine the leadership position: revenue, market presence and market share. According to its revenue estimates for 2002, the firm credits EDS as the:
* Leader among comprehensive cPDm technology suppliers with approximately $900 million in revenue.
* Global comprehensive technology supplier with the greatest market presence based on combined direct and partner revenues of approximately $1.1 billion.
* Category leader with 38% of the cPDm market when considering only the comprehensive cPDm vendors in the space, and 22% when accounting for the entire cPDm market (includes comprehensive vendors as well as SIs, resellers, VARs, consultancies and focused application vendors) CIMdata also cited the significant progress EDS has made in two other key areas:
* Integrating and enhancing the product suites of the former SDRC and UGS organisations, which EDS acquired and merged into its PLM Solutions line of business in 2001.
* Integrating its PLM business further across all its other business units: AT Kearney, Solutions Consulting and Operations Consulting. In 2002, its first full year as a part of EDS, PLM Solutions had an industry-leading $2.1 billion presence in the PLM market, including a combined $1 billion in pull-through revenue for AT Kearney, Operations Solutions and Solutions Consulting in services around the PLM market.
According to CIMdata: "EDS continues to offer one of the most comprehensive PLM solution portfolios in the industry."
Market definition
CIMdata defines PLM as a strategic business approach that applies a consistent set of business solutions in support of the collaborative creation, management, dissemination and use of product definition information across the extended enterprise from concept to end of life - integrating people, processes, business systems and information. According to the firm, PLM forms the product information backbone for a company and its extended enterprise.
The cPDm segment of the PLM market, according to CIMdata`s definition, encompasses all of PLM except for information authoring and analysis tools such as mechanical and electronic computer-aided design (MCAD and ECAD), computer-aided software engineering (CASE) and technical publishing. CIMdata is expected to release its full report in June 2003.
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EDS, the leading global services company, provides strategy, implementation, business transformation and operational solutions for clients managing the business and technology complexities of the digital economy. EDS brings together the world`s best technologies to address critical client business imperatives. It helps clients eliminate boundaries, collaborate in new ways, establish their customers` trust and continuously seek improvement.
EDS, with its management-consulting subsidiary, AT Kearney, serves the world`s leading companies and governments in 60 countries. EDS reported revenues of $21.5 billion in 2002. The company`s stock is traded on the New York Stock Exchange (NYSE: EDS) and the London Stock Exchange. Learn more at www.eds.com.