Product lifecycle management software developer MatrixOne Inc. and Formation Systems Inc. will announce a joint development agreement today that will result in new collaborative software.
Formations Optiva product development software is used in research and development departments at process manufacturers. Under the terms of the agreement, MatrixOne, of Westford, Mass., will jointly develop and market the Optiva Adaplet that provides users of MatrixOnes PLM software with real-time access to recipe, direct material and R&D program data before a product is approved for production.
Geared toward the consumer packaged goods industry, the jointly developed collaborative PLM software will enable new product information to be accessed by individuals throughout an organization, from executives and R&D members to procurement professionals and package designers.
The software will also provide a collaborative component whereby design teams can communicate outside their firewall with suppliers and vendors, according to officials at MatrixOne and Formation Systems, of Southborough, Mass.
Optiva users will gain new global distribution and management functionalities for product specifications.