Market Share of Model-based Enterprise Industry
The model-based enterprise market is fragmented as various entities opt for long-term collaborations. Contracts are awarded to companies that can provide faster security updates, which has increased demand for model-based enterprise solutions. Some major players in the market are Siemens AG, General Electric Company, Dassault Systèmes SE, SAP SE, and PTC Inc., among others.
• In February 2024, Autodesk Inc. announced that the company had launched Autodesk Informed Design. This cloud-based solution connects design and manufacturing workflows to streamline the building design and construction process. It also allows architects to work with customizable, pre-defined building products that yield valid results and manufacturers to share their products with design stakeholders.
• In February 2024, Aras announced that Johnson Matthey (JM) selected Aras Innovator to modernize its global PLM infrastructure and support its digital transformation strategy. Aras Innovator SaaS will be deployed as part of a multi-stage rollout beginning in the first quarter of 2024.
Model-Based Enterprise Market Leaders
Siemens AG
General Electric Company
PTC Inc.
Dassault Systèmes SE
SAP SE
*Disclaimer: Major Players sorted in no particular order
