Northrook, IL -- (SBWIRE) -- 11/20/2019 -- Computer Aided Manufacturing (CAM) Software provides assistance in the operations of manufacturing plants, contributing to numerous processes including planning, management, transportation, and storage. With CAM, users can define manufacturing plans for tooling design, computer-aided design (CAD) model preparation, NC programming, coordinate measuring machine (CMM) inspection programming, machine tool simulation, or post-processing. Developed plans are executed in a production environment with direct numerical control (DNC), tool management, CNC machining, or CMM execution. Contributions of CAM to the manufacturing process include improved machine capabilities to deliver more sophisticated and higher quality parts, improved machine efficiency through high-speed machine toolpaths, and improved material usage by creating complex geometries with minimal waste.

360Quadrants, the most granular comparison platform, has released a quadrant on Computer Aided Manufacturing Software to help businesses make quicker and more informed decisions. The quadrant has Solidcam, Open Mind, and BOBCAD-CAM Inc sharing space as Innovators. 360Quadrants are generated post analysis of companies (product portfolios and business strategy). Quadrants will be updated every three months based on market and regional analyses and developments in Computer Aided Manufacturing Software. 360Quadrants also lists the 10 best companies in the Computer Aided Manufacturing Software space.

Computer Aided Manufacturing Software Quadrant Highlights

360Quadrants covers 16 companies in the Computer Aided Manufacturing Software space and places them in a quadrant based on their quality, reliability, and business outcome. These 16 companies are categorized as Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Companies.
360Quadrants recognizes Hexagon AB, Autodesk Inc, Dassault Systemes, Siemens AG, 3D Systems Corporation, and ZWSOFT as Visionary Leaders; Solidcam, Open Mind, BOBCAD-CAM Inc, DP Technology, and MECSOFT as Innovators; HCL Technologies Limited, PTC Inc, and NTT Data Corporation as Dynamic Differentiators; and CNC Software and SmartCAMcnc as Emerging Companies. The 360Quadrants platform provides the most granular Computer Aided Manufacturing Software comparisons between vendors.

Methodology

The methodology used to rank vendors of Computer Aided Manufacturing Software involved the use of extensive secondary research to identify key vendors by referring to annual reports, press releases, investor presentations, white papers, and various related directories and databases. 16 key vendors were shortlisted based on their breadth of product offerings, organization size, and several other criteria. The scores and weights for shortlisted vendors against each parameter were finalized after extensive research. After the finalization of ratings, each vendor was placed in the most relevant quadrant based on its score in the product offering and business strategy parameters.

About 360Quadrants
360Quadrants is the largest marketplace looking to disrupt US $3.7 trillion of technology spend and is the only rating platform for vendors in the technology space that combines data from buyers, vendors, experts, and in-house analysts. The platform provides users access to unbiased information that helps them make qualified business decisions. 360Quadrants enables vendors to influence the business decisions of potential clients. Vendors get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. 360Quadrants aims to simplify and de-risk complex purchase decisions by providing buyers with real-world insights from their peers, industry experts, analysts, and vendors, helping buyers make more informed decisions and find the best-fit solutions faster. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.
360Quadrants has also launched quadrants in fields like Application Modernization Services, AI Platform, and AI in Manufacturing.