Near the end of the 1990s, a team of mathematicians and computer scientists from Novosibirsk Academic Lab were involved in small research projects for Dassault Systèmes. A manager at Dassault recommended that we establish ourselves as a private company, as operating as a business would be better suited to developing industrial-scale projects. And so LEDAS, Ltd. was founded on April 1,1999.
The subsequent history of our company is hosted on our Web site, although it is worth noting that well-known market players generally do not allow us to mention our participation in their software development projects. One of the exceptions is Dassault Systemes and their 12-year-long contract with us, which resulted several critical CATIA and SOLIDWORKS modules to being developed by us. In turn, these contracts completely transformed our talented research team into mature developers of advanced industrial software.
During the first half of its life, LEDAS played two roles: as a custom software developer, and as a creator of its own line of software technology. At the beginning of 2000th, LEDAS developed Variational Direct Modeling (VDM) technology, a competitor to Synchronous Technology from Siemens Digital Industries Software. The LEDAS Geometric Solver (LGS) became another competitor to Siemens, which until then had held a monopoly in the solvers market. After both were successfully sold to Bricsys, now owned by Hexagon AB, we concentrated on software projects that were outsourced to us.
Our primary competence is in software that plays a big role in designing, manufacturing, engineering, and the overall life of products – specifically in the fields of CAD (computer-aided design), CAM (computer-aided manufacturing), CAE (computer-aided engineering), and PLM (product lifecycle management).
By following market trends and customer requests, LEDAS is expanding successfully into new areas. An obvious one is software that runs in Web browsers and on the cloud, and for this LEDAS built its 3D cloud platform. As digitalization spread to new areas such as construction and medicine, LEDAS applied its capabilities to software for BIM (building information modeling) and 3D digital medicine to the point that by Q4 2019 medical software projects earned LEDAS 39% of its revenues.
Сustomers are finding us and then selecting us after taking into account our ability in solving really hard engineering problems. They are looking for a firm that balances in-house and extendable competencies, has the ability to deal with innovation, brings reliability and quality to the resulting solutions, and provides reasonable pricing. Our services are in high demand by the market internationally, and so LEDAS currently has some 20 customers worldwide, most with long-term contracts.
Because of restrictions from NDAs (non-disclosure agreements), LEDAS cannot promote its customers explicitly to publicize our advantages. So we hope this blog will present our abilities to you, without breaking confidentiality agreements, and so give us the opportunity to further help new customers build their business-enhancing software.