| Software Industry | Information Technology Sector | Anders Eriksson CEO | OTC PINK Exchange | 834021206 CUSIP |
| US Country | 25 Employees | 9 Jun 1997 Last Dividend | 8 Jun 2011 Last Split | - IPO Date |
SofTech, Inc. is a significant player in the field of computer-aided design (CAD) and product data management (PDM), providing comprehensive solutions that support the entire product lifecycle management (PLM) cycle. Primarily serving North America, Europe, and Asia, the company caters to the PLM industry with a range of products that facilitate the creation, management, and collaboration of product data. Established in 1969, SofTech has its headquarters in Lowell, Massachusetts, and extends its market reach through both a direct sales force and a network of resellers. The company's offerings are critical in enabling secure and efficient product information management across various stages of product development, thereby enhancing the operational capabilities of engineering teams and contributing to the overall efficiency of the design chain.
A collaborative Product Lifecycle Management (PLM) solution, ProductCenter excels at managing engineering data and electronic files for discrete parts. This versatile platform supports files created in various third-party proprietary design technologies. Its features extend beyond document management to include design integration, configuration control, change management, bill of materials management, and robust integration with other enterprise systems. By centralizing the management of product information, ProductCenter facilitates a secure environment for engineers and design teams to manage, share, modify, and track product data and documents throughout the development lifecycle. Moreover, it supports secure exchanges between employees, customers, suppliers, and other stakeholders, ensuring that all parties have access to critical product data. The technology's integration capabilities with systems such as enterprise resource planning (ERP), supply chain management (SCM), and customer relationship management (CRM) allow for seamless data exchange and improve project outcomes.
Another noteworthy offering from SofTech is its Connector platform, specifically designed to bridge the gap between CAD products and Aras Corporation's Innovator solution. This technology serves as a direct interface, enhancing the interoperability between diversified design tools and the Innovator platform. The Connector platform plays a pivotal role in streamlining the integration process, thus enabling more efficient product development cycles by facilitating smooth data exchange between various software tools used within the PLM ecosystem.