Geometric Ltd., a leader in Product Lifecycle Management, Global Engineering Services and Offshore Software Product Development solutions and technologies, has signed an application maintenance contract with Volvo Cars, Sweden, covering major applications from computer aided design (CAD) and Product Lifecycle Management (PLM) landscape. Financial details not disclosed.
Geometric has been partnering with Volvo Cars for their global engineering and manufacturing needs since 2010, and today extended its application maintenance services (AMS) engagement to include additional CAD and PLM applications for new product development and manufacturing engineering.
Geometric will deploy its proven application maintenance services framework, AMS4E based on well-defined 4E methodology, which is designed to enable, ensure, enhance and evolve the targeted PLM, engineering IT and manufacturing IT applications to deliver value to Volvo. It will also leverage its extensive understanding of Volvo's product development IT landscape combined with its excellent ISV relationships and experience in PLM, to support Volvo's new product development programs.
In addition to application maintenance, geometric works with Volvo across multiple projects related the design and development of complex and large scale CAD and PLM strategic initiatives, and provides offshore support through a dedicated delivery center in Chennai, India.
On signing the contract, Geometric's COO Nitin Tappe said, "We have a long standing relationship with Volvo, and work with them on several strategic projects. This contract is a testament to our commitment to deliver the best, and Volvo's trust in our ability to consistently bring innovation to their CAD and PLM applications. We look forward to continuing to contribute to Volvo Cars success in the sue of PLM and CAD technologies."
At the BSE, Geometric shares are currently trading at Rs.147.80, up 4.38 percent from the previous close.
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by RTT Staff Writer
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