Tuesday 15 May 2018

InnovMetric Software sold 3400 Polyworks licenses In 2017

KUALA LUMPUR, May 14 (Bernama) -- InnovMetric Software Inc has all-time record sales of 3,400 new licenses of PolyWorks universal 3D metrology software platform, in fiscal year 2017 (ending March 31, 2018).

InnovMetric's global sales revenue in Canadian dollars increased by 6.5 per cent compared to the previous fiscal year - helped by a robust revenue growth of 13 per cent in Europe.

PolyWorks sales revenue growth also exceeded 30 per cent in six countries: Brazil, Mexico, France, Italy, Poland and India, a statement said.

"We have even gained market share in Europe, which is a direct consequence of the significant investments we have brought to our European business infrastructure in recent years," said president of InnovMetric, Marc Soucy."

"Together with our key European business partners, we now offer a comprehensive business ecosystem to support our European customers' deployment of the PolyWorks universal platform, and this year's results clearly show that our business strategy is in line with our customers' needs," added Soucy.

Toyota, GM, Volkswagen, Honda, BMW, Daimler, Ford, Rolls-Royce, Pratt & Whitney, Boeing, Embraer, Bombardier, Apple are among the world's largest industrial manufacturing organizations that trust InnovMetric's PolyWorks software solutions.

These companies associated technical services to maximize the benefits of 3D measurement technologies for their engineering and manufacturing applications. For further information, visit www.innovmetric.com

-- BERNAMA

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