SDRC Reports Global
Manufacturers Rank Early Understanding of Customer Requirements Critical
in Product Development Process
SDRC's SLATE™ proven technology
for up-front product design and requirements management;
Q1 2001 SLATE revenues up 25% over Q4 2000
CINCINNATI-April 25, 2001-SDRC
(Nasdaq: SDRC) today released the results of a recent survey of leading global
manufacturers in which respondents ranked early understanding of customer requirements
up-front in the design process as extremely important for success within a collaborative
product development environment, listing it as an 8.68 on a scale of ten. SDRC's SLATE™
software product delivers computer-aided up-front requirements, allowing for customer
input into the development process from the early stages and throughout the entire product
life cycle.
Following this market trend, SDRC
has seen a steady rise in its SLATE revenues, up 25% in Q1 2001 over Q4 2000. Fifteen
orders were received in Q1, notably orders from Northrop Grumman, Air Products &
Chemicals, Inc., Raytheon Electronic Systems Corp. and Cisco Systems, Inc.
SLATE is design oriented groupware
that enables manufacturers to organize the product lifecycle into a scheme of interrelated
system views including functions, documents, market requirements, and views such as cost,
power, or safety. This provides project teams a consistent frame of reference, and enables
decision collaboration among the various disciplines involved in the development of the
product-all in the context of the customer needs.
"Our customer's know
instinctively that even small changes, especially those early in the product development
process, can have a huge impact to their business model," said Glenn Weinkoop,
president and COO, SDRC. "Getting customer requirements into the process upfront in
the design cycle helps eliminate down-stream changes, allowing for the delivery of the
right product to market at the right time. SLATE facilitates that process by providing a
systems-based approach for product development. SDRC is seeing a favorable trend in this
approach, as global manufacturers struggle to remain competitive within their markets.
Systems requirements definition and information management will become increasing critical
components of an overall collaborative product management strategy."
SLATE up-front design demonstrations
are being shown April 26-29 at COFES 2001: The Congress on the Future of Engineering
Software in Scottsdale, AZ. http://www.cofes.com
About SDRC
SDRC (Structural Dynamics Research Corporation), with headquarters in Ohio, provides
software solutions and services that propel manufacturers to increased business
competitiveness through the development of a web-based, collaborative environment for
product development. SDRC employs more than 2,500 people worldwide, with 64 offices in 18
countries throughout North America, Europe, and Asia/Pacific.
Note to Editors: SDRC is a registered trademark
and SLATE is a trademark of Structural Dynamics Research Corporation. All other trademarks
or registered trademarks belong to their respective holders.
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