LECTRA: Lectra unveils a new strategy

LECTRA: Lectra unveils a new strategy

ID: 527401

(Thomson Reuters ONE) -


FOR IMMEDIATE RELEASE


 Lectra unveils a new strategy

Lectra enables customers to lock Industry 4.0 principles into their processes

Paris, February, 28, 2017 - Lectra, the world leader in integrated technology
solutions dedicated to industries using fabrics, leather, technical textiles and
composite materials, reveals a new strategy conceived to empower fashion and
apparel, automotive and furniture companies to succeed as they step into the
Industry 4.0 era.

Anchored in the digitalization of industrial processes, from creation to
production, Industry 4.0 is creating a new organization of factories'
ecosystems. Increasingly flexible with optimized resources, factories are
propelling a new digitalized lifecycle for products that will benefit consumers.

Furthermore, mass production is leaving increasing room for large-scale
customized production, as well as providing quick-to-market, quality products
expected by increasingly impatient and demanding customers.

In order to face these changes, a digital value chain is essential to provide
real-time connections between creative teams and product development teams,
smart factories, suppliers and consumers.

"To meet these new challenges, our customers can depend on our software and
equipment offer, already compatible with Industry 4.0 principles, our deep
knowledge of the industrial Internet of Things since 2007, and our teams'
expertise in specific industries," stated Daniel Harari, CEO, Lectra. "Thanks to
these strong fundamentals, we are massively enriching our offer, leveraging the
latest technologies and integrating best practices, to entrench Lectra's
position as an Industry 4.0 visionary."

Reflecting Lectra's new strategy is the launch of a Software as a Service (SaaS)




offer, reinforced by cloud and developed since 2015. This offer, capitalizing on
data analyses and exploitation, will translate into even smarter, connected
equipment and finely tuned integration between equipment, software and services.
New industry-specific services will reinforce the offer, enabling Lectra to
continually improve customer processes. Initially tested in 2017 with select
customers, some of whom have been involved with the offer since the beginning of
the design, the new offer will be commercialized from 2018.

"Bringing increasing value to our customers, Lectra will increase the share of
revenues dedicated to R&D to 10% for the period from 2017 to 2019, representing
a rise of about 50% between 2016 and 2019. This way we can support our customers
on their path towards operational excellence, indispensable if they are to
succeed in the context of the fourth industrial revolution," concludes Daniel
Harari.



About Lectra
Lectra is the world leader in integrated technology solutions (software,
automated cutting equipment, and associated services) specifically designed for
industries using fabrics, leather, technical textiles, and composite materials
to manufacture their products. It serves major world markets: fashion and
apparel, automotive, and furniture as well as a broad array of other industries.
Lectra's solutions, specific to each market, enable customers to automate and
optimize product design, development, and manufacturing. With more than 1,550
employees, Lectra has developed privileged relationships with prestigious
customers in more than 100 countries, contributing to their operational
excellence. Lectra registered revenues of $288 million in 2016 and is listed on
Euronext.

For more information, please visit www.lectra.com


Contact - Lectra Headquarters / Press Dept.: Nathalie Fournier-Christol
E-mail: n.fournier-christol(at)lectra.com
Tel.: +33 (0)1 53 64 42 37 - Fax: +33 (0)1 53 64 43 40




Lectra_New Strategy_Press release:
http://hugin.info/143494/R/2083131/785177.pdf



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: LECTRA via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 28.02.2017 - 18:39 Uhr
Sprache: Deutsch
News-ID 527401
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