Lectra invests more in R&D to help customers achieve Industry 4.0 success

01/03/2017
Fabric-cutting and product lifecycle management technology provider Lectra has said it is adopting a new strategy in which it will enrich its product offering to make it easier for user organisations to “step into the Industry 4.0 era”.

On announcing the move, chief executive, Daniel Harari, said: “Our customers can depend on our software and equipment offer, which is already compatible with Industry 4.0 principles. They can also depend on the deep knowledge of the Internet of Things we have built up since 2007, and on our teams’ expertise in specific industries.”

Mr Harari described Lectra as “an Industry 4.0 visionary” and insisted the company can help others plot a prosperous path into the new age of the automation of industrial processes, from design to production.

Industry 4.0 is creating a new factory ecosystem set-up, Lectra said, in which there is increasing room for large-scale customised production. The new environment is also helping manufacturers and brands provide the quick-to-market, high-quality products expected by “increasingly impatient and demanding customers”.

In facing these changes, the technology provider has said “a digital value chain” is now essential, providing real-time connections between creative teams and product development teams, and allowing factories, suppliers and consumers to operate in smart ways.

To help its customers make the transition to these digital value chains, Lectra will spend 10% of its revenues on research and development between 2017 and 2019; Daniel Harari said this will represent an increase of 50% in the amount of investment the company will plough into the new products and services that he believes will help his customers succeed “in the context of the fourth industrial revolution”.