Factory’s “Virtual Twin” Standardizes and Improves Production Performance and Processes

VELIZY-VILLACOUBLAY, France — (BUSINESS WIRE) — November 4, 2015 — Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced that POSCO, one of the world’s largest steel producers, is using Dassault Systèmes’ 3DEXPERIENCE platform for POSCO’s virtual commissioning system and virtual training system to digitize and simulate its manufacturing operations, processes and equipment. This will help POSCO standardize and improve performance at its facilities, reinforce its competitiveness and accelerate its growth in the world’s second largest industry.

Dassault Systèmes’ 3DEXPERIENCE platform provides powerful digital production and simulation applications to create a “virtual twin”—a virtual 3D replica of an actual physical structure—in order to better manage products, processes and plants. With this “virtual twin,” companies can simulate the complex production processes of a smart factory through accurate data interpretation management and troubleshoot manufacturing problems before they occur. Companies can also capture and share knowledge, manage equipment specifications from planning to building phases, work more efficiently and better plan for manufacturing investments.

"We expect to decrease the number of field tests and field trial periods with our virtual commissioning system and virtual training system, as we can pretest systems and equipment virtually before deploying them in the field for real,” said Yongsoo Kim, Senior Researcher, POSCO Engineering Solution Center. “We will continue to advance the development environment with Dassault Systèmes' cooperation."

“The steel industry is about multi-decades asset lifecycles and high volume production, therefore even small and incremental improvements in operations and sustainability can have huge business impacts,” said Stephane Declée, Vice President, Energy, Process and Utilities Industry, Dassault Systèmes. “The 3DEXPERIENCE platform enables customers in the process industry to connect, model, simulate and optimize every stage of the business cycle to create a virtual twin experience fully connected with their physical assets to improve safety, efficiency, profitability and sustainability. We clearly see POSCO as an industry leader in developing such an innovative approach.”

For more information on Dassault Systèmes’ industry solution experiences for the Energy, Process and Utilities Industry, please visit http://www.3ds.com/industries/energy-process-utilities/

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About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 190,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com.

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