July 24, 2016 11:38 AM 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 2016.

Aras Corporation Key Developments

National Electric Vehicle Sweden AB Selects Aras as Global PLM Backbone and Minerva as Implementation Partner

Aras announced that National Electric Vehicle Sweden AB (Nevs) has selected Aras Innovator® as the global PLM backbone. Nevs will implement the PLM backbone to manage vehicle configurations and variants from conceptual phase through product development, manufacturing and service. Nevs selected Aras based on the following criteria: Solution functionality to serve as the system of record for product information and integrated change management across the lifecycle. Platform flexibility to address complex engineering business challenges, especially coordination of electronic, software and mechanical development. Ability to securely integrate with existing systems for design, production and service. Ease of customization and upgrades provides a resilient approach to PLM to drive product innovations and into the future.

Toshiba Machine Selects Aras Innovator to Improve Design Processes, Enhance Product Quality, and Manage Global Product Information

Aras announced that Toshiba Machine has selected Aras Innovator to streamline design and manufacturing processes as the company continues to expand internationally. Aras is expected to improve the company’s design processes for made-to order products, improve collaboration with ERP, and increase product quality. After replacing a legacy product data management system that was unable to meet the needs of the design department for product design improvement, Toshiba Machine will use Aras for bill of materials and related CAD data and document management for their made-to-order products. In the future, the company plans on using Aras to standardize global design processes and streamline international collaboration with ERP. Toshiba Machine chose Aras based on the following criteria: ability to manage the entire design process; web-based platform ideal for global expansion, including the company-wide management of design-related documents/deliverables and the expansion of overseas production; enhancement of design work as an upper process to enhance the product quality; and lower overall total cost of ownership.

Parata Systems Selects Aras as PLM Backbone to Streamline Product Design, Development and Service

Aras announced that Parata Systems has selected Aras Innovator® as the PLM backbone to consolidate product development processes for their leading pill dispenser lines, Parata Mini and Parata Max. Integrating to SolidWorks CAD, Microsoft Dynamics ERP, and consolidating and replacing various other systems, Aras will be used for engineering change management, technical publications, supply chain management, quality management and customer service. After an extensive evaluation, Parata chose Aras based on the solution’s extreme flexibility, upgradability, and bidirectional integration capabilities. Working with Aras Gold Certified Partner Razorleaf, Parata will deploy Aras in a multiphase approach, where phase one will include configuration management, change management, supply chain collaboration, and integration to CAD and ERP.

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