Dassault Systèmes SE

Company type	Public
Traded as	Euronext Paris: DSY CAC 40 component
Industry	CAD/CAM/CAE/ PLM Software
Founded	1981; 44 years ago (1981)
Founder	Francis Bernard
Headquarters	Vélizy-Villacoublay, France
Key people	Bernard Charlès (executive chairman) Charles Edelstenne (honorary chairman) Pascal Daloz (CEO)
Products	3D design software, 3D Digital Mock-up and Product lifecycle management (PLM)
Revenue	€5.95 billion (2023)[1]
Operating income	€1.24 billion (2023)[1]
Net income	€1.05 billion (2023)[1]
Total assets	€14.6 billion (2023)[1]
Total equity	€7.83 billion (2023)[1]
Number of employees	23,811 (2023)[1]
Parent	Dassault Group
Website	3ds.com

Dassault Systèmes SE (French pronunciation: [daso sistɛm]) (abbreviated 3DS) is a French multinational software corporation which develops software for 3D product design, simulation, manufacturing and other 3D related products.

Founded in 1981, it is headquartered in Vélizy-Villacoublay, France, and has 23,811 employees across 194 global offices.^[2]

Dassault Systèmes (also known as 3DS) grew out of the aerospace industry's search for more sophisticated drafting tools to streamline the development process and aid in the increasing complexity of aviation design. Dassault Systèmes spun out in 1981 (as part of Dassault Group) to develop and market their 3D surface design software CATI, later renamed CATIA. That same year, Dassault Systèmes signed a sales and marketing agreement with IBM, allowing IBM to resell the CATIA CAD software.^[3]

In the 1990s, Dassault Systèmes' software was used to develop seven out of every ten new airplanes and four out of every ten new cars worldwide. Major players in the aviation and automotive industries, including Honda, Mercedes-Benz, BMW and Boeing, were able to design and mock-up their products in CATIA rather than using CAD programs and physical prototypes. The Boeing 777, the Falcon 2000 business jet, and the Rafale jet fighter were designed using CATIA.^[3]

Dassault Systèmes launched an initial public offering (IPO) on both the Paris Bourse and Nasdaq in 1996.^[4] Following its success, the next year, the company acquired SolidWorks and Deneb Robotics, which later became part of the DELMIA brand, and additional software to build toward product lifecycle management (PLM). The SolidWorks acquisition strengthened Dassault Systèmes' 2D drafting capacity and provided entry into the Microsoft market, while other acquisitions added digital manufacturing software to the product lineup. These acquisitions paved the way for Dassault Systèmes to introduce a total manufacturing system with their subsidiary brand, DELMIA, in 1998. The new offering enabled access to data across the spectrum of manufacturing processes, while remaining independent of the CAD environment.^[3]

By the end of 1998, the CAD software industry vendors were devising strategies to become internet-enabled. The main focus was to enable the viewing of 3D models in web browsers and build interfaces to product data management (PDM) systems. Dassault Systèmes was one of the leaders in enabling these functions for its users. The company benefited from their experience integrating CAD software across networks for the Boeing 777 project, and had already made moves toward internet-enabled CAD software in 1996 with CATIA Conferencing Groupware; which enabled review and annotation of models using the internet. The introduction of ENOVIA further marked their industry-leading place by providing internet-enabled PDM and 3D product lifecycle management. Dassault Systèmes' acquisitions continued into 1999, when two CAD software vendors were purchased: Matra Datavision and Smart Solutions. Also in 1999, Dassault Systèmes released CATIA Version 5, which was the first version to be fully implemented in the Microsoft Windows environment.^[5]

As the demand for digital and virtual experiences increased in 2000, Dassault Systèmes launched DELMIA, which provides digital manufacturing tools for virtual planning, simulating, and modeling of production processes.^[6]

The mid-2000s heralded a series of acquisitions for Dassault Systèmes to improve their product offerings and expand their market reach, and Dassault Systèmes launched new software and tools. In 2005, Dassault Systèmes sought to improve the quality of 3D interactions and simulations. First they acquired Abaqus, a US-based company specializing in software that allows engineers to simulate and observe the performance of components in products.^[7]

Then they acquired Virtools, software that enables companies to create 3D applications.^[8] The following year, the company extended its market reach into high-tech, consumer products, and medical devices through the acquisition of MatrixOne, which would be linked with ENOVIA.^[9] In 2007, subsidiary brand 3DVIA was launched to create a social network and content community for 3D artists and modelers.

As the 2000s progressed, Dassault Systèmes began to enter online applications and build toward more online applications for product data management, collaboration, realistic simulation and more. Examples of this strategy include the purchase or launch of brands such as EXALEAD for information intelligence, NETVIBES for business analytics, 3DEXCITE for marketing, and GEOVIA for modeling the planet. In 2012, the company launched the 3DEXPERIENCE platform to connect its software applications.

CATIA under the 3DEXPERIENCE platform enables users to go beyond physical product definition to model any product in the context of its real-life behavior. Systems, architects, engineers, designers and all contributors collaborate on fit, form, function, and customer experience.^[10]

Dassault Systèmes also began to offer its version of digital twins, which the company calls virtual twin experiences and are powered by the 3DEXPERIENCE platform. Virtual twins help companies visualize, model and simulate an entire environment to explore how a product or process will behave when assembled, operated or subjected to a range of events.

To expand their capabilities and industries served through the 3DEXPERIENCE platform, Dassault Systèmes completed additional acquisitions, including:

• Dynasim AB (2006)^[11]
• Simpoe S.A.S. (2013)^[12]
• Realtime Technology (2014)^[13]
• Accelrys (2014)^[14]
• Quintiq (2014)^[15]
• CST (2016)^[16]
• Outscale (majority stake, 2016)^[17]
• Centric (majority stake, 2018)^[18]
• IQMS (2018)^[19]
• Medidata Solutions (2019)^[20]
• Argosim^[21]

Throughout the decade, Dassault Systèmes advanced into the life sciences and healthcare industry, including launching the Living Heart Project^[22] for simulating heart function in 2014 and acquiring subsidiary brand MEDIDATA for managing clinical trials, in 2019.

In 2020, Dassault Systèmes expanded its focus from “Things to Life” by applying what they have learned over the past four decades and applying it to the human body. By developing a virtual twin experience of the human body, they can model, search, test and treat a human body as precisely, safely and effectively as cars, buildings or airplanes and customize the care of each individual.^[23]

To expand the capabilities served through the 3DEXPERIENCE platform, Dassault Systèmes completed additional acquisitions, including:

• NuoDB (2020)^[24]
• Proxem (2020)^[25]
• Diota (2022)^[26]

In late 2022, Dassault Systèmes, along with French companies Docaposte, Bouygues Telecom and Banque des Territoires, announced plans to create Numspot, a joint effort to build a European sovereign cloud service for the financial, health and public sectors that would rely on the infrastructure of 3DS Outscale.^{[citation needed]}

In 2022, the company named Philippine de T'Serclaes as its chief sustainability officer.^[27]

Dassault Systèmes' currently supported roster of brands and industries served (as of May 2024^[update]):

Dassault Systèmes has 23,811 employees across 194 global offices: 39% are based in Europe; 33% in Asia-Oceania; and 28% in the Americas. Geographic headquarters are located in Paris (Vélizy-Villacoublay, France), Shanghai, and Boston (Waltham, Massachusetts). As of December 31, 2023, approximately 41% of employees worked in R&D.^[2]

In recent years, Dassault Systèmes has been named Forbes' World's Most Innovative Companies, Corporate Knights' World's Most Sustainable Corporations, Forbes' World's Best Employers and Fortune's Future 50 companies with the strongest long-term growth potential.^{[31][32][33][34]} They have also been included in the Dow Jones Sustainability Indices, have received an MSCI ESG "AAA" rating and received a "Platinum Medal" rating from EcoVadis based on an assessment of environment, labor and human rights issues, and ethics and sustainable procurement criteria.^[35]

The list below sets forth the company's main subsidiaries and also indicates the percentage equity interest and voting rights directly or indirectly held by Dassault Systèmes SA.^[36]

The following comprises the company's management:^[37]

• Founder and Honorary Chairman: Charles Edelstenne
• Chief Executive Officer & Director: Pascal Daloz
• Executive Chairman of the Board of Directors: Bernard Charlès
• Chief Financial Officer: Rouven Bergmann
• General Secretary: Grégory Abate
• Chief People and Information Officer: Laurence Barthès
• Industry, Marketing & Sustainability: Florence Verzelen
• Research & Development: Florence Hu‑Aubigny
• 3DS Global Brands: Philippe Laufer
• Europe, Middle East, Africa: Olivier Ribet
• Asia-Pacific: Samson Khaou
• Americas: Erik Swedberg
• Corporate Strategy & Platform Transformation: Elisa Prisner
• Corporate Equity, Marketing & Communications: Victoire de Margerie

The shareholders as listed in the annual financial report for 2023:^[2]

• Public – 50.16%
• GIMD (Groupe Industriel Marcel Dassault) – 40.02%
• Charles Edelstenne – 5.97%
• Bernard Charlès – 1.88%
• Pascal Daloz – 0.24%
• Treasury Shares – 1.73%

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