The Babcock & Wilcox Company Continues Innovation Leadership with Integration of RuleStream and MatrixOne; RPM and PLM Technolog
October 25 2005 - 8:01AM
Business Wire
MatrixOne, Inc. (NASDAQ: MONEE), a leading provider of
collaborative product lifecycle management (PLM) solutions for the
value chain(TM), and RuleStream Corporation, provider of
rules-driven product management (RPM) solutions to the discrete
manufacturing industries, today announced the successful
integration of the two companies' flagship products as part of an
ongoing implementation at The Babcock & Wilcox Company
(B&W), a leading provider of products and services to the power
generation industry. With the latest project milestone reached,
B&W has brought together its RPM, PLM and MCAD systems in an
intuitive and effective application that B&W engineers use to
capture and reuse best practices and engineering resources. The
integration allows B&W to use existing company knowledge to
create and manage raw material items. With thousands of possible
part/spec combinations, the integration between RPM and PLM results
in the creation of better quality parts. "Leading manufacturers are
already shortening engineering time through process improvement
supported by new rules-driven software," said Marc Halpern,
research director at industry analyst firm Gartner. "In the future,
the integration between PDM and the rules engine will allow
innovative new products to be designed with CAD models using
PDM-controlled parts and items that are based on specifications and
the context of use. This will streamline the generation of project
proposals, make estimates of project costs more accurate and
maximize part reuse." B&W engineers will be able to review
their custom engineering designs, quickly incorporate engineering
changes--even those with complicated design dependencies--and
ensure access to up-to-date product information from their
MatrixOne PLM system and SolidWorks MCAD models. Mike Segal, senior
vice president of global sales and services for MatrixOne, said,
"Through our strong partnership with RuleStream, we were able to
provide B&W with a comprehensive solution to meet its
productivity and performance goals while maintaining its ability to
adapt quickly to changing circumstances. MatrixOne is committed to
solving companies' most challenging product development and
deployment problems. RuleStream's ability to capture knowledge and
ensure its reuse is a powerful capability that MatrixOne users can
take advantage of to great success, as B&W is showing."
"Implementing rules-driven product management at all stages of the
engineering lifecycle is helping The Babcock & Wilcox Company
streamline a number of complex engineering processes," said Robert
Nierman, chief executive officer, RuleStream. "B&W is already
realizing a reduction in engineering times by being able to
quantify and replicate business and engineering rules using
RuleStream. Combining a shorter sales cycle with full MCAD
visibility and instant access to critical PLM information should
provide B&W with a significant market advantage." About The
Babcock & Wilcox Company The Babcock & Wilcox Company is a
subsidiary of McDermott International, Inc. (NYSE:MDR), a leading
worldwide energy services company. McDermott subsidiaries
manufacture steam-generating equipment, environmental equipment,
and products for the U.S. government. They also provide engineering
and construction services for the offshore oil and natural gas
industries. About MatrixOne MatrixOne, Inc. (NASDAQ: MONEE), a
leading global provider of collaborative product lifecycle
management (PLM) software and services, enables companies to
accelerate product innovation to achieve top line revenue growth
and improve bottom line profitability. With world-class PLM
solutions and a commitment to customer success, MatrixOne is
focused on helping companies across the automotive, aerospace &
defense, consumer, machinery, medical device, semiconductor and
high-tech industries solve their most challenging new product
development and introduction problems. More than 800 companies use
MatrixOne's solutions to drive business value and gain a
competitive advantage, including industry leaders such as BAE
Systems, Bosch, Comau, General Electric, Honda, Johnson Controls,
Linde AG, NCR, Nokia, Philips, Porsche, Procter & Gamble, Sony
Ericsson, STMicroelectronics and Toshiba. MatrixOne
(www.matrixone.com) is headquartered in Westford, Massachusetts,
with locations throughout North America, Europe and Asia-Pacific.
MatrixOne and the MatrixOne logo are registered trademarks and "a
leading provider of collaborative product lifecycle management
(PLM) solutions for the value chain" is a trademark of MatrixOne,
Inc. Autodesk and Autodesk Inventor are registered trademarks of
Autodesk, Inc., in the USA and/or other countries. All other
trademarks and service marks are the property of their respective
owners. Forward-looking statements in this release are subject to
risks and uncertainties that could cause our actual results to
differ materially from those anticipated. Such statements may
relate, among other things, to our plans, objectives and expected
financial and operating results. The risks and uncertainties that
may affect forward-looking statements include, among others: poor
product sales, long sales cycles, difficulty developing new
products, difficulty in relationships with vendors and partners,
higher risk in international operations, difficulty assimilating
future acquisitions, difficulty managing rapid growth, and
increased competition. For more about the risks and uncertainties
of our business, see our periodic and other S.E.C. filings. About
RuleStream RuleStream, the leader in rules-driven product
management (RPM), allows manufacturers to accelerate product
planning, design and production by more effectively aggregating and
managing their Intellectual Property (IP) assets. RuleStream's
patent-pending software solutions help companies in a wide variety
of industries--from F&A to AEC to automotive and
aerospace--realize higher productivity, faster design cycles,
better quality and greater product innovation. An extension of
traditional product lifecycle management solutions, RuleStream's
RPM technology ensures that business decisions incorporate the most
up-to-date product-based intellectual property. RuleStream employs
a breakthrough user environment that allows subject matter experts
to easily capture rules about requirements, best practices, and
capabilities for all product-centric business operations. For more
information visit www.rulestream.com.
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