CAD/CAM/CAE and PLM software recovery is no the way
1 min read
Half year figures from engineering and enterprise IT analyst Cambashi suggest a recovery for software spending by the second half of 2010.
Specifically addressing manufacturing CAD/CAM/CAE and PDM/PLM (product data management / product lifecycle management) applications, the organisation expects Asia/Pacific to lead the recovery.
Cambashi consultant Aslihan Yener says the Cambashi Country Observatory model indicates India and China as prime movers, remaining positive, double digit growth next year. Only Japan is experiencing a similar decline to the major western countries.
However, the overall picture from the Americas is strongly influenced by the US, he says, which has recorded the steepest decline and should now see the steepest recovery, but not until 2011.
Cambashi then expects around 8% growth in technical applications. By contrast, the countries of Central and South America are riding the credit crunch more evenly, largely due to economies focused on production.
Meanwhile, in Europe the picture is more balanced, with each of the major economies of western Europe following the same pattern of decline and recovery.
