DASSAULT SYSTEMES SOLIDWORKS CORPORATION

Dassault Systèmes SolidWorks wants to beef up your designs. A subsidiary of France's Dassault Systèmes, SolidWorks develops 3-D design software that helps mechanical engineers speed up product development, translate designs into 3-D models, and communicate product ideas to customers and collaborators. The company's solid modeling suite includes features for animation, analyzing designs, and publishing 3-D designs on the Web. Its global client base includes customers from a wide variety of industries. In addition to its core 3-D mechanical design software, the company offers software suites that include communication, collaboration, productivity, and product data management (PDM) tools.

Geographic Reach

The company has facilities in the US and Canada. It sells its products worldwide.

Sales and Marketing

SolidWorks' products serve the industrial, medical, scientific, consumer, educational, technology, and transportation markets. Its clients have included InFocus Leatherman, and  Konica Minolta. The company is also entrenched in the global education market, with installations in thousands of institutions.

SolidWorks' 3DS Professional channel is an indirect, multi-product channel focused on the volume market. It is comprised of a network of resellers and distributors. Sales through this channel represented 20% of the company’s total annual revenue in fiscal 2012.

Financial Performance

In 2012 the company reported $403.2 million in total revenue, which was an 18% increase compared to the previous fiscal year. The increase was primarily attributed to SolidWorks' new license revenue. New license revenue spiked double digits as a result of an increase in new seats of 11% during fiscal 2012 compared to fiscal 2011.

Strategy

To address growing demand for environmentally-concious designs, SolidWorks has developed an application, SolidWorks Sustainability, that helps designers forecast the environmental impact of new products throughout the life cycle, from raw materials used in manufacturing to product obsolescence.

Company Background

Founded in 1993, SolidWorks was acquired by Dassault Systèmes in 1997.

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DASSAULT SYSTEMES SOLIDWORKS CORPORATION


175 Wyman St
Waltham, MA 02451-1223
Phone: 1 (781) 810-3000
www.solidworks.com

STATS


  • Employer Type: Subsidiary
  • Chief Human Resources Officer: Gian Bartlett
  • Chief Financial Officer: Elliot Katzman
  • Cto: Austin Malley

Major Office Locations

  • Waltham, MA

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SALARY FINDER

SALARY FINDER

Health Service Administrator

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Yearly Salary Range (US$ Thousands)