EDS Tech forays into PLM training

EDS Technologies (EDST), a Bangalore-headquartered provider of PLM solutions and 3D visual simulation, has forayed into commercial training segment by opening training centres on product lifecycle management (PLM) tools.

The company aims to train about 300 professionals in the first year, and expects the training division to be one of the biggest revenue-generating streams for the company in the next couple of years.

EDST has already opened a finishing school in Coimbatore and Bangalore. While the Coimbatore training school is capable of training 40 students a day in two batches, the Bangalore centre can training 60 students in two batches. The company has also finalised plans to open up two more centres in Pune and Delhi over the next three months.

"Earlier, we had been providing training to customers who were purchasing software form us. Now, we have forayed into pure commercial training. Apart from providing training to customers, we will provide training to students and engineers who want to seek career in the PLM sector," said Senthil Shanmugasundaram, president, EDS Technologies.

The PLM software market in India is estimated to be about $150 million. Training constitutes about 5 per cent of the market. EDST aims to provide industry-focused training in PLM tools like CATIA V5, ENOVIA.

The focus would be on building domain expertise in areas of PLM and engineering competitiveness specifically aligned to the manufacturing and engineering services industries, added Shanmugasundaram.

The school is be targeted towards students in the pre-final and final years of mechanical and manufacturing engineering from engineering colleges, unemployed students as well as working professionals seeking a change in their career to PLM and corporates looking at training their employees. EDST uses licensed PLM solutions from Dassault Systems of France to help trainees get a foothold in engineering services and the manufacturing sector.

EDST, a 14-year-old privately-held company, has so far been funded by the promoters. The company's revenue at present is estimated to be in the range of Rs 50-55 crore. The company has set a target of achieving Rs 75-80 crore in revenue in the coming fiscal.