"When it comes to engineering, the tools are mostly file-based, which hinders sharing of information, design and other changes in real time, thereby leading to delays and cost escalation in some cases," Dassault Systemes ENOVIA Global CEO Andy Kalambi told reporters here.
In the Indian market, firms have been going through a rough patch for the last two years and are looking at ways to drive revenues and transform margins, he added.
The firm is looking at the manufacturing segment and especially the automobile industry with ENOVIA.
"Automobile industry that has been facing a decline in sales and is battling a host of issues including rising input and high interest rates can use ENOVIA to not only optimise costs, but also streamline operations," Kalambi said.
According to a PwC report, the automobile industry accounts for 6.7 per cent of India's GDP with an annual turnover of around USD 55 billion in FY 2013 and employs around 18.5 million people.
ENOVIA is an open and scalable product lifecycle management PLM platform that relies upon universal language of 3D, while providing a strategic foundation for all communities to participate in the product lifecycle online, Kalambi said.
It enables real-time global collaboration among anyone with a role in the product's development, reducing the cost to deploy, manage and support a PLM system while encouraging innovation, he added.
"ENOVIA is committed to providing products and solutions for individuals at organisations of all sizes -- from small businesses to the largest global enterprises -- to participate in effective and rewarding collaborative innovation," he added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
