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August 30, 2015 8:38 PM ET

Software

Company Overview of Aras Corporation

Company Overview

Aras Corporation develops and delivers enterprise open source solutions. The company provides a range of PLM software solutions based on an enterprise application framework, a model-based service oriented architecture built on open Web standards for the development of flexible and supportable applications that deploy quickly and adapt easily to evolving business needs. It offers solutions for BOM, CAD file, configuration, document, engineering change, formula and recipe, product data and lifecycle, product analytics and costing, program, project, quote process, requirements, risk, supply chain, and tooling management; and environmental compliance, fashion and apparel, global product developm...

300 Brickstone Square

Suite 904

Andover, MA 01810-1492

United States

Founded in 2000

Phone:

978-691-8900

Fax:

978-794-9826

Key Executives for Aras Corporation

Founder, Chairman of the Board, Chief Executive Officer and President
Co-Founder and Vice President of Engineering
Chief Financial Officer
Senior Vice President of Global Operations
CIO and Vice President of Technical Services
Compensation as of Fiscal Year 2015.

Aras Corporation Key Developments

Starlite Selects Aras for Enterprise Product Lifecycle Management

Aras announced that Starlite Co. Ltd. has selected the Aras Innovator® suite for enterprise PLM to drive success in APQP processes and deliverables management worldwide. Leveraging multiple Aras solutions, including project management and document management, Starlite plans to ensure product quality that far exceeds customer expectations. Starlite selected Aras for its more modern PLM architecture, particularly the flexibility and ease-of-use provided to both business and technical users within Starlite’s extended enterprise. The open architecture of Aras will enable platform-independent data sharing between Starlite’s global locations and customers worldwide.

ESCATEC Selects Aras for Enterprise Product Lifecycle Management

Aras announced that ESCATEC has selected the Aras Innovator suite for enterprise PLM to streamline product information management and enable concurrent engineering worldwide. From R&D to manufacturing, ESCATEC will rely on Aras to manage product data for ESCATEC's global R&D, process engineering, account management, shop floor and other processes across the company’s business units. Specific processes include Bill of Materials management, document management and engineering change management along with Solid Edge CAD integration and enterprise search. ESCATEC chose Aras after conducting a successful proof-of-concept project with Aras. ESCATEC identified the comprehensive functionality, flexibility and ease of configuration as a key difference compared to other PLM systems, noting that Aras enables the introduction of process changes in step with evolving customer demands. Further, the various locations of ESCATEC in Europe and Malaysia will be able to share product information online with Aras making global collaboration and simultaneous development possible.

Airbus and Aras Sign Strategic Partner Agreement

Aras announced a strategic partner agreement with Airbus to use the Aras Innovator platform and solution suite for engineering business processes across the enterprise for up to 30,000 users or more. Several PLM Platforms were evaluated by Airbus for the ability to enable simple, agile solution delivery, and Aras was retained as the preferred platform based on: Significant coverage of expected scope; Open architecture with high-end data modeling 'on the fly', no development involved; Upgrade services for customizations included as part of subscription; Easy integration & handling; Long term viability and total cost of ownership. Out-of-the-box functional requirements included data & document management, lifecycle management, change management, project management and access rights management for security. IS architecture requirements included deployability, connectors, migration & data loading, and support, along with back-end & front-end IT capabilities.

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