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Q3 2024 Investor Call

Dassault Systèmes
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Q3 2024 Investor Call

24 Oct, 2024
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Q3 2024

24 Oct, 2024
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3D Design Software

Dassault Systèmes is a French multinational software company developing 3D design software, 3D digital mock-ups, and product lifecycle management (PLM) products. The company is most known for its 3DEXPERIENCE platform, which encompasses a suite of software solutions for design, simulation, and product data management. Dassault Systèmes serves various industries, including aerospace, automotive, industrial equipment, and similar sectors. The company is headquartered in Vélizy-Villacoublay, France, and its shares are listed on the Euronext Paris.

Founded as a Subsidiary

Dassault Systèmes was established as a subsidiary of the French aerospace company Dassault Aviation in 1981. The initial aim was to create 3D software to help eliminate the need for physical prototypes, thereby reducing development time and costs for aerospace projects. A year after its founding, the company launched CATIA (Computer Aided Three-dimensional Interactive Application), initially a 3D CAD software created to assist in private aerospace design but which would later become a cornerstone product, evolving into a multi-industry suite used by various sectors for complex designs. The company expanded its product range and market reach throughout the 1990s, targeting new industries. In recent years, Dassault Systèmes has focused on its 3DEXPERIENCE platform, a comprehensive suite that combines modeling, simulation, data management, and collaboration tools.

Dassault Systèmes Products

The firm's offerings include SolidWorks and CATIA for 3D modeling and computer-aided design, enabling users to conceptualize, design, and test products in a virtual environment. ENOVIA, part of their PLM solutions, assists organizations in managing the development process of products from inception to retirement. Its 3D Experience platform integrates modeling, simulation, and information intelligence applications, allowing businesses to create immersive 3D representations of their products for collaboration and decision-making. SIMULIA provides advanced simulation capabilities to predict product performance, while DELMIA helps with planning, implementing, and optimizing manufacturing processes.

Further reading: Dassault Systèmes: The French Software Titan

Serving Diverse Industries

Dassault Systèmes' products and services are utilized across various industries, each adapting the company's software solutions to meet specific needs and challenges. Its products allow organizations such as aerospace and automotive companies to model, design, and simulate new models and improvements without needing to physically build new prototypes. This is merely an example and more or less any sector that can benefit from digital simulations can utilize the company’s services. Two companies that have used Dassault Systèmes' platforms are Hyundai and Panasonic.