Dassault Systèmes Needs To Invest More In Artificial Intelligence

Dassault Systèmes is the world leader in mechanical computer-aided design software. Its high-end CAD software, Catia, is the industry standard in automotive, aerospace, and industrial products, while its mainstream CAD software, SolidWorks, is the leading product in the small and midsize enterprises market. Besides CAD, Dassault also has leading positions in other related software categories like product lifecycle management and simulation for manufacturing industries. The company has established a strong presence in the life sciences software market with Medidata, the leading electronic data capture software for managing clinical trials. Dassault earns revenue by selling its software as a service in the cloud and on-premises with associated maintenance fees.