Sept 3, 2013: LEDAS Generates 50% Revenues from CAM Software Development
02 Sep 2013
Half of LEDAS Revenues Now Generated from Computer-Aided Manufacturing
Novosibirsk, Russia: September 2, 2013 – LEDAS Ltd., a leading provider of software development services for CAD/CAM/CAE/PDM market, today announced that for the first time CAM software development represented 50% of the company’s revenue. Revenues from CAD development are in second place, while the PDM sector holds third place. Income this year increased over last year’s record income, which had benefited from a large government RGK contract.
“Unlike the CAD market in which a few dominant vendors earn billions of dollars a year, the CAM arena is spread among dozens of mid-size and hundreds of small companies providing niche solutions,” explains Alexey Ershov, CEO of LEDAS. “This is due to the variety in capabilities of machines from many hardware vendors, and so this diversity requires development of an assortment of software, each one narrowly specialized.”
Machining companies put on the market brand new manufacturing devices and are often primarily focused on the hardware. Only later do they see that advanced software is needed to unleash the full potential of their hardware. These companies find it is easier to contract software development services from a company like LEDAS than to write it in-house. LEDAS has proven experience in this field, and so is highly qualified and more cost effective than for hardware firms to set up their own software development divisions, and then hire and train new employees within this area of specialization.
“LEDAS is constantly broadening the range of its expertise in CAM, covering more and more manufacturing processes,” adds Ivan Rykov, CTO of LEDAS. “We began with the motion simulationproject for Cimatron, which was aimed primarily at mold design. Our long-term cooperation with JetCAMin the development of JetCAM Expert and CrossTrack products allowed us to extend our experience to punching, laser, and water jet cutting. For German company OR Laser, we developed an advanced trajectory builder/editor for laser welding, marking, and engraving processes. We then gained experience in drilling and milling through our software development for a leading CAM vendor by writing a module that computes optimal tool paths automatically.”
LEDAS continue to expand intensively its expertise and services in CAD and PLM. The company works with Russian software leaders ASCON and Top Systems, as well as with international companies in Germany, Australia, and elsewhere.
LEDAS Ltd. is a private, employee-owned software company founded in 1999. It provides R&D and consulting services in the field of engineering software. LEDAS is the well-known developer of constraint-based tools and component technologies for the CAD/CAM/CAE/PDM market.
More information about LEDAS is available at www.ledas.com.