Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


August 03, 2015 10:42 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
Senior Vice President of Global Operations
CIO and Vice President of Technical Services
Chief Architect
Compensation as of Fiscal Year 2015.

Aras Corporation Key Developments

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.

JAMCO Corporation Selects Aras Innovator to Serve as the PLM Backbone for the Company’S Upgraded Product Development Environment

Aras announced that JAMCO Corporation has selected Aras Innovator to serve as the PLM backbone for the company’s upgraded product development environment. JAMCO will rely on Aras Innovator to streamline collaboration across its global design processes and bring together both technical users in the engineering department and business users from other departments. After evaluating several PLM solutions, JAMCO chose to integrate and replace two traditional PDM systems with the more modern and flexible platform technology in Aras. The open architecture of Aras will enable platform-independent data sharing among JAMCO’s locations in Japan and overseas and collaboration across the extended enterprise. JAMCO also identified the impact that Aras PLM’s flexibility will have on new initiatives, including design outsourcing to overseas subsidiaries as well as improved responsiveness and disaster recovery via greater data decentralization.

Similar Private Companies By Industry

Company Name Region
Evive Corporation United States
Modis Training Technologies Inc. United States
APX Labs, LLC United States
Edgia, Inc. United States
UNICOM Global, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Aras Corporation, please visit www.aras.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.