VC Funding for Aras and Arena: A Vote of Confidence for Flexible, and Cloud PLM

By Jeff Hojlo – September 13, 2017
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While Ansys, Autodesk, Cadence, Dassault Systems, PTC, and Siemens collectively make up the majority share of the CAD and PLM market, as digitalization and 3rd platform technologies (cloud, mobile, big data/analytics, social) become more prevalently used, there are smaller PLM vendors that have had success over the past three years. This includes companies such as Arena Solutions and Aras Corporation, which both offer configurable product innovation platforms that can scale on their own, or tie into existing, legacy CAD/CAM/CAE and PLM systems as the product development project and program layer. Aras offers their products deployed in on premise and cloud environments (or a mix of the two), while Arena Solutions is 100% SaaS cloud.


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