September 29, 2016 4:50 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

Zuken Inc. and Aras Corporation Partner to Deliver EDM/PLM Environment

Zuken Inc. and Aras Corporation have entered into a partnership to develop a new approach for managing cross-discipline product development processes that include electrical and electronic design data from design creation to manufacturing. The new solution will span enterprise processes across the lifecycle, as well as detailed electrical design and manufacturing. The partnership will deliver functionality that couples a domain-specific work-in-process (WIP) library and design data management system, with the enterprise PLM platform. The result will replace traditional "zip-up-the-directory" functionality with significant new capabilities that include where-used traceability for IP blocks and components, merging of design and manufacturing processes, and enhanced ECO processes. Aras will provide Aras Innovator, an enterprise-level PLM platform and suite, for the complex systems engineering processes in product development, manufacturing, quality and the supply chain. The combination will provide engineers across the organization with improved data integrity and more efficient processes from design through to manufacturing. The new solution is planned to be available early in the 2017 calendar year.

Aras Announces PLM Platform-Based Application for Manufacturing Process Planning

Aras announced the availability of the Aras Manufacturing Process Planning application for a new platform-based approach to managing the complex business processes that extend from product development through manufacturing. New capabilities bring together the Manufacturing Process Plan, Work Instructions and MBOM (Manufacturing Bill of Materials) making them interdependent and automatically synchronized as changes occur. This innovation enables direct EBOM (Engineering BOM) to MBOM translation bridging the gap enterprises have and creating the process foundation necessary for Industry 4.0 and Industrial Internet initiatives. Using Aras MPP, global product teams are able to concurrently define manufacturing processes, work instructions and MBOMs while avoiding the EBOM/MBOM conflicts, especially in products that combine complicated mechanical designs with electronics, software and firmware. Process plans include operations, equipment and tooling illustrated with models, drawings, pictures, graphics, videos and text. Automatic EBOM/MBOM reconciliation results in traceability between the as-designed and as-planned configurations to provide the basis for a digital thread across the product lifecycle.

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 InnovatorĀ® 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.

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