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Structural Dynamics Research Corporation Announces Strategic Partnerships with World-Class Manufacturers

Strategic Insights

— 1 min read

Structural Dynamics Research Corporation (Nasdaq:SDRC), a leading international supplier of mechanical design automation software, product data management software, and engineering consulting services, announced that several world-class manufacturers have selected its I-DEAS Master Series and Metaphase Series 2 software products. After extensive reviews of the leading mechanical CAE/CAD/CAM systems, the following companies selected SDRC's products based on ease of use, depth and breadth of functionality, and integration between applications. The partnerships aim to enable engineers to reduce production cycles and improve product quality.

Key Takeaways:

  • Mahindra & Mahindra Ltd., a leading Indian manufacturer of four-wheel drive vehicles, selected SDRC as its supplier of mechanical design automation software, purchasing over $800,000 worth of I-DEAS Master Series software.
  • Electrospace Systems Inc., a wholly-owned subsidiary of Chrysler Corporation, selected I-DEAS Master Series and Metaphase Series 2, a product data management software, valued at over $880,000.
  • Maytag Corporation, a leading manufacturer of gas and electric ranges, purchased I-DEAS Master Series software and maintenance valued at over $285,000 for new product development.
  • The partnerships will enable engineers to reduce production cycles and improve product quality, aligning with SDRC's commitment to providing the best solutions and experienced support to its customers.
  • Martin Neads, senior vice president and general manager of SDRC, stated that building strategic relationships with these leading manufacturers is a significant step in helping them improve their engineering environments.
  • The Mahindra Group, consisting of Mahindra & Mahindra Ltd., its subsidiaries, and associate companies, ranks among the top 10 industrial organizations in India.
  • Electrospace Systems is a leading provider of high-technology communication and electronic warfare systems, serving a range of military, government, and commercial organizations worldwide.

Statistics:

  • Over $800,000 worth of I-DEAS Master Series software was purchased by Mahindra & Mahindra Ltd.
  • The total value of the new technology, training, maintenance, and engineering consulting services purchased by Electrospace Systems Inc. was over $880,000.
  • Maytag Corporation purchased I-DEAS Master Series software and maintenance valued at over $285,000.
  • SDRC employs more than 1,100 people and has 61 offices in 15 countries throughout North America, Europe, and Asia Pacific.
  • Mahindra & Mahindra Ltd. employs nearly 18,000 people.

Sources:

  • Nasdaq:SDRC
  • Business Wire - March 13, 1995
  • Structural Dynamics Research Corporation
  • Mahindra & Mahindra Ltd.
  • Electrospace Systems Inc.
  • Maytag Corporation
  • Chrysler Corporation

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