Cambashi reveals growth in engineering design software

Cambashi's Country Observatory for the third quarter of 2012 – which also covers AEC (architecture, engineering and construction) applications – suggests that, while the BRIC countries (Brazil, Russia, India and China) continue with strong growth, a second generation of emerging nations is also making progress. These are the so-called CIVET countries of Colombia, Indonesia, Vietnam, Egypt and Turkey, which are now growing at a rate similar to the North American market, it says. Meanwhile, although the situation in the 17 nations included in the Euro-zone has been impacted by contraction particularly in Spain, Italy and Greece, Cambashi still sees cautious growth. "Currently, most indices show manufacturing and construction activities in continuing recession in the US and Europe, with a mixed picture in other regions," comments Cambashi director Tony Christian. "However, there is a widespread realisation that survival and restoring growth requires increased productivity and advanced design, which is putting pressure on companies to continue investing, albeit cautiously, in technical applications."