France Dassault Systemes Tender

Dassault Systemes announced the completion of the acquisition of IQMS a leading manufacturing ERP software company for 425 million. With the acquisition of the California-based IQMS Dassault Systmes extends the 3DEXPERIENCE platform to small and midsized manufacturing companies seeking to digitally transform their business operations.IQMSs software on premise EnterpriseIQ and software as a service WebIQ deliver an all-in-one solution to mid-market manufacturers for managing engineering manufacturing and business ecosystems by digitally connecting order processing scheduling production and shipping processes in real time. IQMSs solutions are used by 1000 customers based primarily in the U.S. whose 2000 manufacturing facilities in 20 countries produce for the automotive industrial equipment medical device consumer goods and consumer packaged goods industries. Customers include Westfall Technik KKSP Precision Machining AMA Plastics Donnelly Custom Manufacturing FlowBelow Aero Inc. Global Interconnect Inc. Jabil Packaging Solutions Schnipke Precision Molding Steinwall Inc. Scientific Inc. Sturgis Molded Products Tribar and Ventura Manufacturing Inc. IQMSs 2017 revenue was around 56 million.In the context of the Industry Renaissance the convergence of a diverse and powerful collection of digital technologies that is transforming every aspect of industrial business the worlds 250000 small and midsized manufacturers must adopt and optimize new ways of producing and doing business through digital transformation in order to innovate and accelerate their growth in an increasingly competitive global marketplace.We must no longer think of industry as a set of means of production but as a process of value creation. This applies not only to disruptive startups and established corporations but also to the hundreds of thousands of mainstream manufacturers that produce parts integral to the development of new consumer experiences. In that context we are creating 3DEXPERIENCE@WORKS a new family of business applications based on the 3DEXPERIENCE platform for the mainstream market. The IQMS Manufacturing ERP portfolio rebranded as DELMIA WORKS is part of this new business applications family to serve the mainstream manufacturers said Bernard Charls Vice Chairman and CEO Dassault Systmes.By integrating IQMSs solutions into the 3DEXPERIENCE platform on the cloud Dassault Systmes will provide these manufacturers with an affordable system for operations that improves the collaboration manufacturing efficiency and business agility needed to serve their customers successfully. The manufacturers many of them SOLIDWORKS users also gain the flexibility to rapidly scale-up as a business grows. In parallel these manufacturers can engage in new business opportunities and create value by supplying their manufacturing know-how and services to a large community of designers and engineers in Dassault Systmes 3DEXPERIENCE Marketplace the worlds largest virtual factory. Given my experience with manufacturing finance and industry investments Im very excited about the future for IQMS and our relationship. This merger represents a turning point in technology for IQMS the opportunity is immense. Companies like KKSP and all of IQMS manufacturing customers will reap tremendous benefit from the enterprise perspective of an international technology partner such as Dassault Systmes. Dassault Systmes is a leader in innovation and inspires confidence that we will have the best resources available for future growth said Mark Murray CFO KKSP Precision Machining.Dassault Systmes will help IQMS expand its customer base by leveraging the presence in the mid-market space achieved with Dassault Systmes SOLIDWORKS applications which are delivered and supported by the companys Professional Solutions global partner channel.