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Dassault Systèmes SE

Company type	Public
Traded as	Euronext Paris: DSY CAC 40 component
Industry	CAD/CAM/CAE/ PLM Software
Founded	1981; 43 years ago (1981)
Founder	Francis Bernard
Headquarters	Vélizy-Villacoublay, France
Key people	Bernard Charlès (executive chairman) Charles Edelstenne (honorary chairman) Pascal Daloz (CEO)
Products	3D design software, 3D Digital Mock-up and Product lifecycle management (PLM)
Revenue	€5.95 billion (2023)
Operating income	€1.24 billion (2023)
Net income	€1.05 billion (2023)
Total assets	€14.6 billion (2023)
Total equity	€7.83 billion (2023)
Number of employees	23,811 (2023)
Parent	Dassault Group
Website	3ds.com

Dassault Systèmes SE (French pronunciation: [daso sistɛm]) (abbreviated 3DS) is a French multinational software corporation which develops software for 3D product design, simulation, manufacturing and other 3D related products.

Founded in 1981, it is headquartered in Vélizy-Villacoublay, France, and has 23,811 employees across 194 global offices.

History

1980s

Dassault Systèmes (also known as 3DS) grew out of the aerospace industry's search for more sophisticated drafting tools to streamline the development process and aid in the increasing complexity of aviation design. Dassault Systèmes spun out in 1981 (as part of Dassault Group) to develop and market their 3D surface design software CATI, later renamed CATIA. That same year, Dassault Systèmes signed a sales and marketing agreement with IBM, allowing IBM to resell the CATIA CAD software.

1990s

In the 1990s, Dassault Systèmes' software was used to develop seven out of every ten new airplanes and four out of every ten new cars worldwide. Major players in the aviation and automotive industries, including Honda, Mercedes-Benz, BMW and Boeing, were able to design and mock-up their products in CATIA rather than using CAD programs and physical prototypes. The Boeing 777, the Falcon 2000 business jet, and the Rafale jet fighter were designed using CATIA.

Dassault Systèmes launched an initial public offering (IPO) on both the Paris Bourse and Nasdaq in 1996. Following its success, the next year, the company acquired SolidWorks and Deneb Robotics, which later became part of the DELMIA brand, and additional software to build toward product lifecycle management (PLM). The SolidWorks acquisition strengthened Dassault Systèmes' 2D drafting capacity and provided entry into the Microsoft market, while other acquisitions added digital manufacturing software to the product lineup. These acquisitions paved the way for Dassault Systèmes to introduce a total manufacturing system with their subsidiary brand, DELMIA, in 1998. The new offering enabled access to data across the spectrum of manufacturing processes, while remaining independent of the CAD environment.

By the end of 1998, the CAD software industry vendors were devising strategies to become internet-enabled. The main focus was to enable the viewing of 3D models in web browsers and build interfaces to product data management (PDM) systems. Dassault Systèmes was one of the leaders in enabling these functions for its users. The company benefited from their experience integrating CAD software across networks for the Boeing 777 project, and had already made moves toward internet-enabled CAD software in 1996 with CATIA Conferencing Groupware; which enabled review and annotation of models using the internet. The introduction of ENOVIA further marked their industry-leading place by providing internet-enabled PDM and 3D product lifecycle management. Dassault Systèmes' acquisitions continued into 1999, when two CAD software vendors were purchased: Matra Datavision and Smart Solutions. Also in 1999, Dassault Systèmes released CATIA Version 5, which was the first version to be fully implemented in the Microsoft Windows environment.

2000–2011

As the demand for digital and virtual experiences increased in 2000, Dassault Systèmes launched DELMIA, which provides digital manufacturing tools for virtual planning, simulating, and modeling of production processes.

The mid-2000s heralded a series of acquisitions for Dassault Systèmes to improve their product offerings and expand their market reach, and Dassault Systèmes launched new software and tools. In 2005, Dassault Systèmes sought to improve the quality of 3D interactions and simulations. First they acquired Abaqus, a US-based company specializing in software that allows engineers to simulate and observe the performance of components in products.

Then they acquired Virtools, software that enables companies to create 3D applications. The following year, the company extended its market reach into high-tech, consumer products, and medical devices through the acquisition of MatrixOne, which would be linked with ENOVIA. In 2007, subsidiary brand 3DVIA was launched to create a social network and content community for 3D artists and modelers.

2012–2019

As the 2000s progressed, Dassault Systèmes began to enter online applications and build toward more online applications for product data management, collaboration, realistic simulation and more. Examples of this strategy include the purchase or launch of brands such as EXALEAD for information intelligence, NETVIBES for business analytics, 3DEXCITE for marketing, and GEOVIA for modeling the planet. In 2012, the company launched the 3DEXPERIENCE platform to connect its software applications.

CATIA under the 3DEXPERIENCE platform enables users to go beyond physical product definition to model any product in the context of its real-life behavior. Systems, architects, engineers, designers and all contributors collaborate on fit, form, function, and customer experience.

Dassault Systèmes also began to offer its version of digital twins, which the company calls virtual twin experiences and are powered by the 3DEXPERIENCE platform. Virtual twins help companies visualize, model and simulate an entire environment to explore how a product or process will behave when assembled, operated or subjected to a range of events.

To expand their capabilities and industries served through the 3DEXPERIENCE platform, Dassault Systèmes completed additional acquisitions, including:

• Dynasim AB (2006)
• Simpoe S.A.S. (2013)
• Realtime Technology (2014)
• Accelrys (2014)
• Quintiq (2014)
• CST (2016)
• Outscale (majority stake, 2016)
• Centric (majority stake, 2018)
• IQMS (2018)
• Medidata Solutions (2019)
• Argosim

Throughout the decade, Dassault Systèmes advanced into the life sciences and healthcare industry, including launching the Living Heart Project for simulating heart function in 2014 and acquiring subsidiary brand MEDIDATA for managing clinical trials, in 2019.

2020–present

In 2020, Dassault Systèmes expanded its focus from “Things to Life” by applying what they have learned over the past four decades and applying it to the human body. By developing a virtual twin experience of the human body, they can model, search, test and treat a human body as precisely, safely and effectively as cars, buildings or airplanes and customize the care of each individual.

To expand the capabilities served through the 3DEXPERIENCE platform, Dassault Systèmes completed additional acquisitions, including:

• NuoDB (2020)
• Proxem (2020)
• Diota (2022)

In late 2022, Dassault Systèmes, along with French companies Docaposte, Bouygues Telecom and Banque des Territoires, announced plans to create Numspot, a joint effort to build a European sovereign cloud service for the financial, health and public sectors that would rely on the infrastructure of 3DS Outscale.

In 2022, the company named Philippine de T'Serclaes as its chief sustainability officer.

Products and brands

Dassault Systèmes' currently supported roster of brands and industries served (as of May 2024):

People and culture

Dassault Systèmes has 23,811 employees across 194 global offices: 39% are based in Europe; 33% in Asia-Oceania; and 28% in the Americas. Geographic headquarters are located in Paris (Vélizy-Villacoublay, France), Shanghai, and Boston (Waltham, Massachusetts). As of December 31, 2023, approximately 41% of employees worked in R&D.

In recent years, Dassault Systèmes has been named Forbes' World's Most Innovative Companies, Corporate Knights' World's Most Sustainable Corporations, Forbes' World's Best Employers and Fortune's Future 50 companies with the strongest long-term growth potential. They have also been included in the Dow Jones Sustainability Indices, have received an MSCI ESG "AAA" rating and received a "Platinum Medal" rating from EcoVadis based on an assessment of environment, labor and human rights issues, and ethics and sustainable procurement criteria.

Corporate information

Holdings

The list below sets forth the company's main subsidiaries and also indicates the percentage equity interest and voting rights directly or indirectly held by Dassault Systèmes SA.

• Dassault Data Services SAS (France) – 95%
• Dassault Systèmes Americas Corp. (US) – 100%
• Dassault Systèmes Services LLC (US) – 100%
• Dassault Systèmes Deutschland GmbH (Germany) – 100%
• Dassault Systèmes SolidWorks Corp. (US) – 100%
• Dassault Systèmes K.K. (Japan) – 100%
• Dassault Systèmes Enovia Corp. (US) – 100%
• SolidWorks Japan K.K. (Japan) – 100%
• Dassault Systèmes Delmia Corp. (US) – 100%
• Dassault Systèmes Korea Corp. (Korea) – 100%
• Dassault Systèmes Simulia Corp. (US) – 100%

Company management

The following comprises the company's management:

• Founder and Honorary Chairman: Charles Edelstenne
• Chief Executive Officer & Director: Pascal Daloz
• Executive Chairman of the Board of Directors: Bernard Charlès
• Chief Financial Officer: Rouven Bergmann
• General Secretary: Grégory Abate
• Chief People and Information Officer: Laurence Barthès
• Industry, Marketing & Sustainability: Florence Verzelen
• Research & Development: Florence Hu‑Aubigny
• 3DS Global Brands: Philippe Laufer
• Europe, Middle East, Africa: Olivier Ribet
• Asia-Pacific: Samson Khaou
• Americas: Erik Swedberg
• Corporate Strategy & Platform Transformation: Elisa Prisner
• Corporate Equity, Marketing & Communications: Victoire de Margerie

Market data

The shareholders as listed in the annual financial report for 2023:

• Public – 50.16%
• GIMD (Groupe Industriel Marcel Dassault) – 40.02%
• Charles Edelstenne – 5.97%
• Bernard Charlès – 1.88%
• Pascal Daloz – 0.24%
• Treasury Shares – 1.73%

References

1. ^ "2023 Universal registration document". Dassault Systèmes. Retrieved 22 March 2024.
2. ^ "Dassault Systèmes 2023 Annual Report" (Press release). 18 March 2024.
3. ^ "Dassault Systèmes S.A. History". fundinguniverse.com. Retrieved July 9, 2022.
4. Evans, Richard (23 February 1998). "Taking Flight". Barron's. Archived from the original on 23 March 2024.
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6. "What is DELMIA?". technia.us. 30 July 2021. Retrieved July 17, 2022.
7. "Dassault Systemes counts on Abaqus acquisition". ft.com. Archived from the original on 2022-12-10. Retrieved July 17, 2022.
8. "Dassault Systemes SA Acquires Virtools S.A." mergr.com. Retrieved July 17, 2022.
9. "Dassault Systemes SA Acquires Virtools S.A." cadalyst.com. Retrieved July 17, 2022.
10. "CATIA 3DEXPERIENCE Software for Product Design". adaptivecorp.com. Retrieved July 31, 2022.
11. "Dassault Systèmes Presents CATIA Systems". 3ds.com. 27 June 2006.
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13. "Dassault Systèmes completes acquisition of Realtime Technology". automationmag.com. 14 January 2014. Retrieved August 8, 2022.
14. "Accelrys Acquired By French Software Firm". cen.acs.org. Retrieved August 8, 2022.
15. "Quintiq Acquisition Named Deal of the Year". llrpartners.com. 15 May 2015. Retrieved August 8, 2022.
16. "Dassault Systèmes Completes CST Acquisition". cimdata.com. Retrieved August 8, 2022.
17. "Dassault Systèmes Acquires Majority Stake in Outscale". Bloomberg. 20 June 2017. Retrieved August 8, 2022.
18. "Dassault Systèmes Acquires Majority Stake in Centric Software (Highlight)". cimdata.com. Retrieved August 8, 2022.
19. "Exclusive - IQMS' CEO on why IQMS was acquired by Dassault Systèmes - and what's next". diginomica.com. 18 December 2018. Retrieved August 8, 2022.
20. "Medidata acquired by Dassault Systèmes for $5.8 billion". healthcareitnews.com. 13 June 2019. Retrieved August 8, 2022.
21. "Dassault Systèmes acquiert le Français Argosim - Le Monde Informatique". LeMondeInformatique. 7 March 2019.
22. Baillargeon, Brian; Rebelo, Nuno; Fox, David D.; Taylor, Robert L.; Kuhl, Ellen (2014). "The Living Heart Project: A robust and integrative simulator for human heart function". European Journal of Mechanics - A/Solids. 48: 38–47. Bibcode:2014EJMS...48...38B. doi:10.1016/j.euromechsol.2014.04.001. PMC 4175454. PMID 25267880.
23. "Dassault Systèmes Opens Up New Horizons: 3DEXPERIENCE from Things to Life". BioSpace. Retrieved 2023-09-05.
24. "Dassault Systèmes Enters the S&P Dow Jones Sustainability World Index". businesswire.com (Press release). 22 November 2021. Retrieved January 16, 2023.
25. "Dassault Systèmes Revitalizes 3DEXPERIENCE Platform With Acquisition Of Proxem". thesoftwarereport.com. 12 August 2020. Retrieved January 16, 2023.
26. "Acquisitions by Dassault Systems". tracxn.com. Retrieved January 16, 2023.
27. "Dassault Systemes names chief sustainability officer". complianceweek.com. Retrieved January 16, 2023.
28. "Brands". 3Ds.com. 2002-2024 Dassault Systèmes - All rights reserved. Retrieved 7 May 2024.
29. "Dassault Systèmes SE (DASTY)". finance.yahoo.com. yahoo!finance 2024. Retrieved 7 May 2024.
30. "3DS Outscale, French Leader Guaranteeing Fully-trusted Cloud Around The World". aithority.com. 20 December 2021. Retrieved January 16, 2023.
31. "Dassault Systemes". Forbes. Retrieved 30 December 2021.
32. Scott, Mike (23 January 2018). "Top company profile: Dassault Systèmes". Corporate Knights. Retrieved 30 December 2021.
33. "World's Best Employers 2021". Forbes. Retrieved 30 December 2021.
34. "Dassault Systèmes | 2021 Future 50". Fortune. Retrieved 30 December 2021.
35. MarketScreener (2022-12-20). "Dassault Systemes Receives Highest Recognition in Top 2022 Global Sustainability Ratings -December 20, 2022 at 12:31 pm| MarketScreener". www.marketscreener.com. Retrieved 2023-09-05.
36. "Archived copy" (PDF). Archived from the original (PDF) on January 31, 2013. Retrieved October 19, 2012.{{cite web}}: CS1 maint: archived copy as title (link)
37. "Dassault Systèmes SE (DASTY) Company Profile & Facts - Yahoo Finance". finance.yahoo.com. Retrieved 2023-07-22.

External links

• Official website
• Business data for Dassault Systèmes:
  • Google
  • Reuters
  • SEC filings
  • Yahoo!

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