Geometric look to diversify
Geometric Software, the India based Product Lifecycle Management and engineering solution company, have announced their intention to diversify into a broader cross-section of industries. Traditionally, Geometric has generated much of its revenue from the automotive and aerospace sectors, working with companies such as Ford and Chrysler. However, with a downturn in these industries forecast to continue, the company is looking to avoid the risk associated with being too focused on only a few industry segments. “We are now looking at other industries such as fashion, apparel and luxury goods makers, which are adopting PLM,” said S Ravi Gopinath, MD and CEO of Geometric Software. “The fashion industry is also seasonal and the time to market is critical, so the challenges are similar [to the automotive and aerospace industries].”
Geometric showcased its apparel solution ‘D.R.A.P.E.D.’ at Miami’s Technology Solutions Expo in April and is since rumoured to have secured a large fashion and lifestyle client.
Geometric are not the first PLM vendor to expand their market reach. Market leader and software partner, Dassault Systemes, have also moved into less traditional PLM industries.
