STX Shipbuilding Sets Industry Standard by Implementing Dassault Systèmes’ PLM Solution to Accelerate Worldwide Growth

Seoul, Korea - December 18, 2008 – Dassault Systèmes (DS) (Euronext Paris: #13065, DSY.PA), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today announced that STX Shipbuilding, one of the world’s leading shipbuilding companies, has implemented DS’s ENOVIA solution as its enterprise-wide PLM backbone.

STX Shipbuilding plans to challenge the top tier of global ship builders by leveraging Dassault Systèmes’ ENOVIA PLM solution to deploy its Process Innovation (PI) project, across all three of its production bases:  Jinhae Shipyard in Korea, Dalian Shipyard in China, and the recently acquired Aker Yards in Norway, which is recognized as the leading cruise ship manufacturer. This is the first of its kind in the ship building industry. With the construction of each ship often incorporating more than 120,000 disparate data files, STX’s PI process focuses on promoting greater collaboration and best practices between key internal functions (e.g. inventory, production, quality control and accounting) and external suppliers. This approach ensures that any change requests can be easily incorporated into the final data. This has helped to reduce the number of errors and ultimately improved the average project completion time by 15%.

“The deployment of ENOVIA’s PLM solution, enables us to operate more efficiently by standardizing key business processes, enabling greater collaboration and creating a feedback mechanism to spur innovation," said Hyo-Gwan Leem, senior vice president of STX Shipbuilding.  "Through the PI project, we expect that costs will be reduced by more than 100 billion KRW over the next five years which will ultimately serve to increase value of the company".

The deployment of the ENOVIA backbone, including the Product Central, Program Central and Engineering Central products, has enabled STX Shipbuilding to reduce engineering work by 50% and production work by 30%. The company has also shortened lead times by providing customers with a broad range of ship modeling information, ensuring more accurate plan development and helping to eliminate work loss issues.

"The announcement with STX represents ENOVIA’s first major win in global shipbuilding and serves as further validation that customers are responding to our strategy to provide specific solutions for key vertical industries," said Andy Kalambi, vice president & general manager,  ENOVIA Asia, Dassault Systèmes.