- 09:16 PM Worst over for India auto companies: Anand Mahindr...
- 07:21 PM Trading in MF units to start in 15 days: SEBI
- 07:17 PM MphasiS Q4 cons net profit up 33.9% at Rs 245 cr
- 06:59 PM Immediate supports for rupee at 46.20/46.10: Commt...
- 06:57 PM Want a green holiday, shop at night? Head to Taipe...
- 06:54 PM World oil demand growth to outpace supply in 2010
- 06:52 PM FIIs net sell Rs 68 cr in equities on Nov 23
- 06:38 PM Buy Unity Infra: target of Rs 605: India Capital M...
- 06:38 PM Godrej Group puts two brands on the block
- 06:26 PM Mkts consolidates after 2 days of strong rally: Ni...



Design software vendors see a big market emerging in India as outsourcing of engineering services gains momentum. The outsourced engineering services is considered a next big thing for Indian vendors, who are seen buying design software and tools to build capabilities to tap the new found opportunity.
"The engineering services provider (ESP) category is an emerging market segment for us where we are seeing some good growth," said Mr Kamal Kumar, Managing director of Delmia India, a subsidiary of Dassault Systemes.
While the ESP market in India is definitely adding to the kitty of the product lifecycle management (PLM) solution vendors like Dassault, PTC, UGS among others, there are no estimates available for the design software market in the ESP category. The PLM solutions help companies manage entire lifecycle of a product from the concept and design phase through product planning, visualisation and marketing to the point where the product is recycled.
In India, industry verticals like automotive, aerospace and discrete manufacturing are leading the adoption of PLM solutions. "We are seeing demand from not only global firms setting up their captive design centres in India, but also from the major Indian IT vendors, who are building capabilities to tap the engineering services segment," said Mr Vivek Marawah, Country Marketing Manager, UGS India.
contd on page 2...
|
|
Business
Business News | Economy | Earnings | BSE NSE Notices
General News
Current Affairs | Politics | World News | Sports | Entertainment
Corporate Strategy
Management | Advertising | Marketing | Legal
Personal Finance
Tax | Insurance | Credit Cards | Loans | Property | Retirement | Investment Help | Financial Planning | Fixed Income
Markets
Local Market | Global Market | Market Cues | Analysis | Expert & FII outlook | Brokerage Recomendation
Stocks
Stocks in News | Expert Advice | ADRs & GDRs | IPO
Mutual Funds
News | Advice | MF Analysis | Fund Managers Views
Lifestyle
Travel | Wellness | Technology | Auto| Books
-
Most Read
-
Most Viewed
- 10 Companies that FIIs love
- 10 companies that MF managers love
- Mitesh Thacker's top 5 picks for trade today

- Ganeshaspeaks: Market prediction for Nov 24
- Will ITC dream run continue beyond FY10?

- Den Networks slips 22% after listing at Rs 195
- Trading in MF units to start in 15 days: SEBI

- Why LyondellBasell is a goldmine for RIL

- Experts see mkts at new highs, advise sectors

- Corrections in '10 to be more aggressive, violent: JPMorgan

- Mahindra may increase car prices due to rising input costs
Source: Business Line
- Renault to continue with M&M for Logan, says Ghosn
Source: Business Line
- Market volatility poses valuation problems: IRDA
Source: Business Line
- Punjab, Haryana buck all-India rice decline trend
Source: Business Line










