CIMdata Recognizes CAMWorks® as the Fastest Growing CAM Product
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Press release date: January 23, 2014
Mumbai, India – Geometric Limited (BSE: 532312, NSE: GEOMETRIC), a leader in developing advanced manufacturing software, has been recognized as the fastest growing CAM company for its CNC software, CAMWorks, as per CIMdata Inc.'s 2013 NC Market Analysis Report. Geometric has also been identified as one of the five fastest growing CAM companies consecutively for the past four years, by the research firm.
CAMWorks is the most advanced CAM programming software available for getting products to the market faster, more efficiently, and within budget. It is a next generation best-of-class CNC programming solution for producing molded parts from solid models.
"We are very happy to get this recognition which is a testament to our objective of providing the CAM community with the most advanced machining capabilities," said Mr. Sameer Kondejkar, Head, Geometry Technology Solutions Business at Geometric. "In addition, our focused developments based on customer response, strong reseller engagement, and dedicated marketing efforts have resulted in a strong year for CAMWorks."
According to Stan Przybylinski, Vice President of Research, CIMdata, said "CAMWorks has a strong offering for generative knowledge-based machining, a segment that is poised for mass adoption. CAMWorks revenues have grown rapidly in the last few years, and are expected to sustain this momentum."
CAMWorks is the first Gold Partner CAM (computer-aided manufacturing) solution designed exclusively to operate in SolidWorks. CAMWorks runs within SolidWorks, or as part of a cost-effective CAD/CAM package that includes CAMWorks Solids, an integrated solid modeler. For more information on CAMWorks, visit www.camworks.com.
Geometric (www.geometricglobal.com) is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of Global Engineering services, Product Lifecycle Management (PLM) solutions, Embedded System solutions, and Digital Technology solutions enables companies to formulate, implement, and execute global engineering and manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle.
Listed on the Bombay and National stock exchanges in India, the company recorded consolidated revenues of Rupees 10.20 billion (US Dollars 187.57 million) for the year ended March 2013. It employs close to 4600 people across 13 global delivery locations in the US, the UK, France, Germany, Romania, India, and China. Geometric was assessed as CMMI 1.1 Level 5 for its software services and is ISO 9001:2008 certified for engineering operations. The company's operations are also ISO 27001:2005 certified.
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