[Press Release]Dassault Systèmes Signs MoU with Government of Telangana’s T-Works Foundation to Set Up Startup Center of Excellence

• The one–of–a–kind Startup Center of Excellence will engage early–stage hardware startups in India
• Dassault Systèmes will equip the center with the latest technologies such as 3DEXPERIENCE Works, to drive future–ready innovation leveraging modern design and engineering solutions

Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced that they have signed a Memorandum of Understanding (MoU) with the Government of Telangana’s T-works, India’s largest fully integrated hardware prototyping center, to set up a Startup Center of Excellence and introduce a 3DEXPERIENCE Works startup program to engage early-stage hardware startups. This one-of-a-kind Startup Center of Excellence in India, dedicated to revolutionizing the IT engineering ecosystem in India, will support startups across industries such as aerospace and defence, transportation and mobility, and others.

The MoU was signed in the presence of Suchit Jain, Vice President, Strategy and Business Development, 3DEXPERIENCE Works, Dassault Systèmes, P M Ravikumar, India Management Director, SOLIDWORKS and 3DEXPERIENCE Works, Dassault Systèmes, Ramakrishnan Venkataraman, Director and Head – Enterprise Solutions, Dassault Systèmes, and Sujai Karampuri, CEO, T-Works and Director Electronics, Government of Telangana.

T-Works is an initiative of the Government of Telangana aimed at creating and promoting a culture of innovators in the country who have a passion to experiment, explore and innovate without the fear of failure. With the signing of the MoU, Dassault Systèmes will equip the center with the latest technologies, such as 3DEXPERIENCE Works, to drive future-ready innovation leveraging modern design and engineering solutions. The 3DEXPERIENCE Works startup program will offer software, training and co-marketing resources to participating startups and help them succeed. The Startup Center of Excellence will enable an innovation ecosystem that empowers next-generation startups to design, build and create prototypes of their products leveraging state-of-the-art equipment, design tools and mentoring across fields to accelerate the journey from ideation to product development.

“The collaboration with Dassault Systèmes to set up the Startup Center of Excellence, will further equip the center with the latest technologies, such as the 3DEXPERIENCE Works, which will prove beneficial to early-stage startups who can leverage cutting-edge software and IT technology solutions to create prototypes of their products to take it to the next level,” said Sujai Karampuri, CEO – T-Works and Director Electronics, Government of Telangana.

“Such initiatives are integral to empowering the new generation of startups across core industries. Invaluable design guidance and mentorship will be advantageous to new startups when launching a new product in the market as it can help them avoid common mistakes and overcome challenges early on while making the entire journey more sustainable,” said Deepak NG, Managing Director, India, Dassault Systèmes.

For more information:

Dassault Systèmes’ 3DEXPERIENCE platform, 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

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Dassault Systèmes Press Contacts

India        Kriti ASHOK      kriti.ashok@3ds.com      +91 9741310607