Dassault Systemes and IPACS Sign MoU to Create Industrial IoT Demonstrator for Key Industries in Australia

Dassault Systemes and IPACS have identified each other as partners for technical and business collaboration in key industries in Australia,namely natural resources,defence,marine and offshore,cities and territories.

The industrial Internet of Things (IoT) demonstratorwill leverage IPACS' sensing technologies and Dassault Systemes' 3DEXPERIENCE platform.

The collaboration further extends Dassault Systemes' successful partnerships with local companies in Australia for industry capability development and expansion.

ADELAIDE,Australia,March 21,2019 -- Dassault Systemes and IPACS,an Australian technology company specializing in the collection,monitoring and reporting of real-time asset performance in various industries,signed a Memorandum of Understanding ("MoU") to jointly pursue technical and business opportunities in key industries in Australia,cities and territories.

(L-R) Mr Andrew Johnson,Analytics Program,IPACS; Ms HimaBindu Kondiparthi,Management of Data Program,IPACS; Dr Vinay Sriram,General Manager (Engineering),IPACS; Frederic Dot,Business Transformation Account Executive,South Australia,Dassault Systemes; Mr Kailash N Sriram,Managing Director and CEO,IPACS; Ravi Jain,Victoria,Dassault Systemes

Dassault Systemes and IPACS went through a value assessment during a pre-qualification phase for the South Australian Government's marine anddefenceindustry supply chain program,the "Virtual Shipyard",to develop a strong domestic defence industry that will support the Federal Government's Future Submarines and Future Frigates programs set to commence in 2020.

In the course of the assessment,Dassault Systemes and IPACS identified each other as partners with strong and desired skills for technical and business collaboration as they explore opportunities in natural resources,defence and other key industries in Australia. Under the terms of the agreement,Dassault Systemes will collaborate with IPACS to create a first-of-a-kind industrial demonstrator in Internet of Things ("IoT") for joint exploration of these business opportunities,which will leverage IPACS' IoT sensing technology and Dassault Systemes' software solutions on the 3DEXPERIENCE platform.

"IPACS currently operates South Australia's pioneering Remote Operation Centre for the state's resources industry," said Kailash Nath Sriram,Managing Director and CEO of IPACS. "This new industrial IoT demonstrator will be a fantastic platform for IPACS in expanding our expertise to service other major industries. We look forward to working with Dassault Systemes to explore new opportunities in natural resources,defence and other key industries in the state."

The collaboration also further extends Dassault Systemes' ongoing successful partnerships with local companies in Australia for industry capability development and expansion,notably the "Virtual Shipyard" program in South Australia to help the state's enterprises build their digitalization capabilities for future defence projects and global supply chains.

Said Masaki Sox Konno,Managing Director,Asia Pacific South,Dassault Systemes. "As a technology partner to IPACS,already an established player in South Australia's resources sector,Dassault Systemes brings its global expertise and best practices in industrial processes and digitalization solutions to the collaboration. We look forward to working together with IPACS to jointly expand our technological capabilities to serve the natural resources sector,defence and our other key industries in Australia."

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For more information:

Dassault Systemes' 3DEXPERIENCE platform,3D design software,3D Digital Mock Up and Product Lifecycle Management (PLM) solutions: http://www.3ds.com

About Dassault Systemes

Dassault Systemes,the 3DEXPERIENCE Company,provides business and people with virtual universes to imagine sustainable innovations.Its world-leading solutions transform the way products are designed,produced,and supported.Dassault Systemes' collaborative solutions foster social innovation,expanding possibilities for the virtual world to improve the real world.The group brings value to over 250,000 customers of all sizes,in all industries,in more than 140 countries.For more information,visit www.3ds.com.

3DEXPERIENCE,the Compass logo and the 3DS logo,CATIA,SOLIDWORKS,ENOVIA,DELMIA,SIMULIA,GEOVIA,EXALEAD,3D VIA,BIOVIA,NETVIBES and 3DEXCITE are registered trademarks of Dassault Systemes or its subsidiaries in the US and/or other countries.

About IPACS

IPACS are leaders in Australia in the collection,monitoring and reporting of real-time asset performance in industries including mining and resources,energy and manufacturing. IPACS provides secure,reliable and low-cost collection and transmission of remote sensor data- across any enterprise and from anywhere in the world. IPACS' suite of technologies- which include IT infrastructure management,asset data management,analytics and dashboards- provide real-time feedback on the performance of critical assets,wherever they are located. For more information,visit http://ipacs.net.au/.

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