China's Shanhaiguan Shipbuilding to Use PTC CADDS 5
NEEDHAM,
MA, May 6, 2008 - PTC, (Nasdaq: PMTC), The Product Development Company ,
today announced that Shanhaiguan Shipbuilding Industry Co., Ltd. (SHGSIC), a
well-known shipbuilding and repair company based in Northern China, has
selected CADDS 5, PTC’s specialized CAD/CAM solution for shipbuilding. The
company will utilize CADDS 5 in order to upgrade its former 2D CAD system
into a comprehensive, integral 3D design platform. The software will enhance
its overall design and shipbuilding capacity, allowing the company to
further accelerate its transformation into a modern, international
shipbuilding enterprise.
In order to meet the challenge of growing competition and elevate design
capabilities, Shanhaiguan Shipbuilding Industry Co., Ltd decided to
implement CADDS 5 and create a collaborative design environment. Previously,
the company mainly focused on ship repair. Using a 2D application had
created severe bottlenecks, inefficient plotting practices, hindered ability
to collaborate across integrated design teams and ultimately caused massive
development delays. In order to accelerate transformation from ship repair
to a comprehensive shipbuilding business and take advantage of digitized
ship design capabilities and 3D modeling, SHGSIC turned to PTC solutions.
After implementing CADDS 5, integrated product development teams could work
collaboratively and more efficiently, and as a result, SHGSIC has saved
significant amounts of time and materials.
CADDS 5 is an adaptable, hybrid 3D CAD/CAM system which enables companies
to create products with very large assembly structures such as ships. It
allows a large team of designers to concurrently carry out design work in an
all-digital ship design and 3D modeling environment. Through integrated,
advanced technology for structural, HVAC, electrical, piping and
database-driven systems design, CADDS 5 improves user productivity and
increases design speed. Furthermore, CADDS 5 provides an intuitive user
interface, powerful ship reference system, and a high-end graphics engine
which provides translucent images and mixed product views in a single
environment. CADDS 5 can significantly shorten product design cycles,
enabling faster ship construction.
"Through our partnership with PTC, we have been able to implement a
collaborative design environment, where we can achieve timely product data
synchronization and improve design quality," said Gao Fusheng, SHGSIC Vice
Chief Engineer and Head of Shanhaiguan Design Institute. "As China's
shipbuilding industry continues to develop, the implementation of CADDS 5
will greatly enhance our product development capabilities and elevate our
core competitiveness.”
“We are very pleased that SHGSIC Shipbuilding Industry Co., Ltd has
adopted PTC’s CADDS 5 as its product design and collaboration platform. We
look forward to a long-term partnership, where we can continue to provide
them with industry leading process and technology solutions as well as
professional services.” said Richard Prince, director, A&D Vertical Market
Strategy, PTC. “We are committed to providing solutions which meet our
customer’s unique requirements and we continually work to improve our
solutions for shipbuilding customers.”
About Shanhaiguan Shipbuilding Industry Co., Ltd
Shanhaiguan Shipbuilding Industry Co., Ltd belongs to the China
Shipbuilding Industry Corporation. Built in 1972, this large state-owned
enterprise currently is one of China's largest shipbuilding and repair
bases. Possessing 2.16 million square meters area, SHGSIC possesses one
300,000 T dock, one 70,000 T and a 30,000 T dock. Its nine 2,026 m
ship-repair piers are equipped with over 3,000 sets of modern production
equipments and 900 high-class professional engineering and technical
personnel. The factory has passed the ISO9001-2000 quality system
certification.
Over the recent years, Shanhaiguan Shipbuilding Industry Co., LTD has
been striving to implement management reform and optimize production process
and construction. In 2007, it set a new record in industry output value and
doubled profits. Nowadays, it has formed a comprehensive and well-developed
structure made up of ship repair, construction, reconstruction, marine
engineering, military engineering and non-ship industry. In addition, with
advanced technologies and strengths, outstanding project completion time and
security guarantee, the company has formed a well-established “Shanhai
Brand” in shipbuilding industry.
About PTC Solutions for Aerospace and Defense
PTC provides product lifecycle management solutions designed to meet the
requirements of the global aerospace and defense industry. These solutions
enable digital automation of product development and program management
processes, as well as complete visibility and control over program
information for secure, collaborative product development. PTC is an
industry leader with all of the top 20 A&D companies as customers.
About PTC
PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM),
content management and dynamic publishing solutions to more than 50,000
organizations worldwide. PTC customers include the world's most innovative
companies in manufacturing, publishing, services, government and life
sciences industries. PTC is included in the S&P Midcap 400 and Russell 2000
indices. For more information on PTC.
For more information please visit
http://www.ptc.com.
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