CIMdata Announces PLM Simulation & Analysis Consulting Practice

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November 01, 2011

ANN ARBOR, Michigan, 1 November 2011 - CIMdata, Inc., the leading global Product Lifecycle Management (PLM) market research and management consulting firm, announces the formation of its newest business practice, focused on the growing importance of engineering simulation and analysis applied over the complete product lifecycle.

Peter Bilello, President of CIMdata, announced that Dr. Keith Meintjes (previously with Collaborative Product Development Associates (CPDA) which was acquired by CIMdata in May 2011) will lead the creation and delivery of CIMdata’s offerings for end users and solution suppliers as its Simulation & Analysis Practice Manager. “Many companies have leveraged simulation technologies to gain a strategic advantage in increasingly more competitive markets,” stated Dr. Meintjes, “while other companies are struggling to develop a vision for its adoption and to make a business case to invest.” According to CIMdata market research announced earlier this year, worldwide investments in simulation and analysis exceeded US$2.4 billion in 2010, and are growing at an estimated five-year compound annual growth rate (CAGR) of ten percent.

With this new simulation and analysis practice, CIMdata will now offer a complete portfolio of products and services for both users and developers of simulation and analysis applications, including management consulting, market research and analysis, webinars, solution assessment, and best practices education. For more information on the benefits of creating a comprehensive strategy for the use of simulation contact CIMdata atinfo@cimdata.comor at +1 (734) 668-9922.

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