November 4, 2011 - Ann Arbor, Michigan, For Immediate Release — 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 at Email Contact or at +1 (734) 668-9922.
About CIMdata
CIMdata, a leading independent worldwide firm, provides strategic management consulting to maximize an enterprise’s ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM) solutions. Since its founding in 1983, CIMdata has delivered world-class knowledge, expertise, insight, training, and best-practice methods on PLM solutions for thousands of industrial users and solution providers. CIMdata serves clients around the world from offices in North America, Europe, and Asia Pacific. To learn more about CIMdata’s services, visit our website at www.CIMdata.com or contact CIMdata at: 3909 Research Park Drive, Ann Arbor, MI 48108, USA. Tel: +1 (734) 668-9922. Fax: +1 (734) 668-1957; or at Oogststraat 20, 6004 CV Weert, NL, Tel: +31 (0) 495.533.
For more information contact:
James Watch
Tel: +1 (734) 668-9922
Peter Bilello, President
Tel: +1 (734) 668-9922