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CAD software and services to generate $2.1 bln in 2004

Dara-tech reports that investment in computer-aided-engineering software and services will top $2.1 bln in 2004, an 12% increase YTY.
Written by ZDNET Editors, Contributor

Dara-tech reports that investment in computer-aided-engineering software and services will top $2.1 bln in 2004, an 12% increase YTY. The firm notes that in 2004 approximately 25% of product lifecycle management investments will be in the form of digital simulations and that overall PLM spending will continue to grow about 8% each year through 2008.

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