Tech & Innovation : Dassault Systèmes (1)
The name Dassault recalls the recent export orders of the Rafale fighter jets to India, Qatar and Egypt as well as the best-selling Falcon business jets. However, another offshoot of Dassault, now known as Dassault Systèmes, reached world acclaim in the 1990s when its 3D software technology called Catia was used to create the Boeing 777, the world’s first commercial aircraft to be designed entirely on computer screens without carrying out physical prototyping.
France’s Dassault Systèmes is now the world leader in the field of 3D software design and simulation. In the car industry companies like BMW and Mercedes-Benz are able to reduce the time needed to design a car from a few years to a few months, thanks to Dassault Systèmes. The French company’s 3D software also helps to design nuclear submarines, cities like Shenzen in China and Singapour, curved-lined buildings like the Guggenheim Museum in Bilbao, the Walt Disney Concert Hall in Los Angeles and more recently the Louis Vuitton museum in Paris.
Dassault Systèmes has improved its computer solutions over the years and now develops and markets its new generation PLM (Product Life Cycle Management) software. This allows engineers to create a 3D model of a product, simulate the assembly of its parts and test it virtually before building a prototype. The PLM software solution is also able to provide 3D images throughout the lifecycle of products from design to maintenance.
A few years ago Dassault Systèmes introduced the 3D Experience platform which creates an environment in which consumer demands are met in a collaborative and interactive environment.
The President and CEO of Dassault Systèmes, Bernard Charlès says that with his company’s 3D software and the advent of 3D printing and FabLabs, a major shift is taking place towards the ‘experience economy’ with ‘makers becoming consumers’. (See the Video below)
Dassault Systèmes 2015 revenue will be approaching the €3 Billion mark and sales are expected to double by the end of 2019 as the company moves into new areas like environmentally sustainable design and heart surgery. The US Food and Drug Administration (FDA) has suggested that all new basic and fundamental research in heart surgery should use Dassault Systèmes 3D software technology.
Dassault Systèmes is quoted on the Euronext Stock Exchange in Paris and the NASDAQ in New York.
Sources: wsj.com, thenational.ae, online.barrons.com, Bfm business
Video source: https://www.youtube.com/watch?v=lzMkiwgiSBc
Online publishing, July 26th, 2015