PARTICLEWORKS EUROPE launched after JV between Prometech Software and EnginSoft
Date: 20 SEPTEMBER 2019
Prometech Software Inc. and EnginSoft S.p.A. have announced the formation of a joint venture company, to be known as Particleworks Europe s.r.l., incorporated in Italy. The JV aims to establish, promote and manage the European distribution network of Prometech – software technologies and applications based on the Moving Particle Simulation (MPS) method and Multi-GPU acceleration which are currently known in the market under the commercial labels Particleworks and Granuleworks. In addition to and to supporting and enhancing this network, Particleworks Europe will also more specifically constitute the European competence center for these technologies, both to support distributors and to assist customers who require help for complex applications, verticalization, dedicated developments or integration into their scientific information systems. Particleworks Europe will also aggregate the needs and requirements of target customers to ensure their rational inclusion in the development roadmap of the related software technologies.
“I am honored by the establishment of Particleworks Europe as a joint venture with EnginSoft, the leading engineering simulation company in Europe.” says Toshimitsu Fujisawa, Founder and CEO of Prometech Software Inc. “By combining the strengths of both companies, that is, Prometech with its cutting-edge simulation technology, and EnginSoft with its excellent experience in SBES, the joint venture will provide attentive and proactive supports for users to utilize Particleworks more effectively. Prometech and EnginSoft will strengthen their strategic partnerships, and jointly continue efforts to improve simulation products and service in order for more users to utilize simulation technology in a more valuable way.”
Tsuyoshi Sumiya, COO of Prometech Software, Inc. states, “Particleworks has been used by many domestic companies in the automotive industry. In Europe, we have been providing technical and marketing support through EnginSoft and other distributors. We are confident that we will be able to provide customers from a closer standpoint and with the same quality support as that of Japan thanks to the establishment of a European headquarters.”
"Particleworks Europe is the most representative and potentially effective expression of the EnginSoft business model, designed to transfer knowledge of specialist or vertical technologies for engineering simulation in the highly fragmented territory (in terms of countries, languages and cultures) that is Europe,” says Stefano Odorizzi, founder and CEO of EnginSoft. “Based on a JV with the technology manufacturer, and taking advantage both of EnginSoft’s knowledge gained over 40 years in the market and the group’s experience in networking, the EnginSoft model ensures both a widespread presence on the ground, and timely technical support, high professionalism, and the ability to ensure the effective inclusion of technologies in the design processes of customers,” he continues.
Massimo Galbiati, co-founder and CEO of Particleworks Europe, comments, "The JV will benefit from the mature collaboration between the two companies, Prometech and EnginSoft which was constructed during the pioneering phase of promoting Particleworks in Europe, and then confirmed by success well beyond the expectations, both in terms of installations and customer satisfaction. The marketing system to be executed by the JV will boost the initiative’s success far beyond the current excellent results.”