InnovMetric Reports Record PolyWorks® License Sales Worldwide for Fiscal Year 2016
(Thomson Reuters ONE) -
QUEBEC CITY, May 08, 2017 (GLOBE NEWSWIRE) -- InnovMetric Software Inc., the
leading provider of universal 3D metrology software solutions, proudly announced
today that worldwide demand for PolyWorks® in fiscal year 2016 (ending March
31, 2017) led to a 20% global sales revenue increase compared to the previous
fiscal year. This growth was fueled by all-time record sales of 3300 new
licenses of PolyWorks.
The PolyWorks sales growth in the three largest Asian markets, China, Japan, and
India, has reached an impressive 35%. Moreover, PolyWorks support/maintenance
contract sales in North America and in Western European countries have also
significantly increased, by 30% and 40% respectively.
"2016 represented a defining moment in our company's history: we achieved our
2006 vision of delivering a universal 3D metrology software platform by unifying
the worlds of portable metrology and CNC CMMs. Although an impressive
achievement in itself, what truly made PolyWorks 2016 a milestone in the
metrology industry is the fact that it delivered a truly universal 3D metrology
workflow. Portable metrology and CNC CMM operators were now able to define and
execute their measurement plans, and review the measurement results, using the
same tools and methods within a single software module," said Marc Soucy,
President of InnovMetric. "Commercially, it was also a transition year, as our
large manufacturing OEM customers needed to assess all the cost-reduction
opportunities brought by a universal platform before embracing our unique
vision. The remarkable growth in license and support/maintenance sales worldwide
shows that PolyWorks 2016 is gaining acceptance and is starting to take root.
This is exciting news that should lead to major sales opportunities in FY2017 as
we prepare to celebrate the sale of the 20,000(th) PolyWorks license in June."
About InnovMetric Software
Founded in 1994 and headquartered in Quebec, QC, Canada, with subsidiaries
worldwide, InnovMetric Software Inc. is the leading provider of universal 3D
metrology software solutions. The world's largest industrial manufacturing
organizations (Toyota, GM, Volkswagen, Honda, BMW, Daimler, Ford, Rolls-Royce,
Pratt & Whitney, Boeing, Embraer, Bombardier, Apple, and many more) trust
InnovMetric's PolyWorks® software solutions and associated technical services to
maximize the benefits of 3D measurement technologies for their engineering and
manufacturing applications.
With its subsidiaries and joint ventures, InnovMetric has more than 250
employees in 14 countries: Canada, United States, Mexico, Brazil, France, Italy,
Spain, Netherlands, Sweden, Turkey, India, Thailand, China, and Japan. For more
information, please visit: www.innovmetric.com.
Contact: Nathalie Rhéaume
Tel: 1-418-688-2061
Email: nrheaume(at)innovmetric.com
Website: www.innovmetric.com
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: InnovMetric Software Inc. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 08.05.2017 - 14:46 Uhr
Sprache: Deutsch
News-ID 540891
Anzahl Zeichen: 3568
contact information:
Town:
Quebec, QC
Kategorie:
Business News
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