Mathcad Sales Climb in 2002 with Increased Corporate Adoption
13 January, 2003
Mathsoft Launches Customer Survey to Further Explore Collaboration Practices of Engineering Organisations
Mathsoft Engineering & Education, Inc., the leading provider of interactive math, science, engineering and educational software, content and web services, today furthered its claim to having the industry standard calculation and communication software by announcing nearly 50 Mathcad volume license agreements. In the first half of 2002, Mathsoft secured deals with Agilent Technologies, General Dynamics Electric Boat and Atomic Energy of Canada Ltd., along with major government agencies, defense contractors and aerospace manufacturers. With these agreements, corporate deployment of Mathcad grew more than 25 percent compared to the corresponding period last year.
“Mathcad is a product that has always been driven by the needs of our users,” said Chris Randles, CEO of Mathsoft Engineering & Education, Inc. “The Mathcad line of products improves how engineers create, communicate and collaborate on engineering documents and designs, and this is validated by our being able to attract these universally respected organisations. Mathcad fuels innovation by allowing these enterprises to share resources internally and collaborate in new ways, increasing efficiency and productivity.”
“Our firm needs to share information and Mathcad makes that kind of collaboration easy,” said Farzad Danesh, process engineer at Atomic Energy of Canada Ltd. “By combining the computation and communication functions into one program, Mathcad streamlines the flow of information and makes our projects much more efficient.”
With more than 1.5 million users worldwide, Mathcad is the most widely used solution for applying mathematics and provides a technical calculation environment that is optimised for engineering productivity, efficiency and innovation. Mathsoft's presence and contributions toward technical innovation in engineering span a broad range of markets and industries, including electronics and electrical equipment, engineering and construction, engineering services, defense and aerospace, telecommunications, government and education.
Built on an intuitive whiteboard interface, Mathcad collapses two traditionally separate processes — design formulation and documentation — into one. Used as a standard, Mathcad improves the effectiveness and quality of design projects for both individuals and engineering organisations. As an educational resource, Mathcad offers professors, students and researchers an intuitive medium for learning, teaching and sharing engineering concepts and applications.