PCB CAD Software Giant Moves Key Operations to the United States
Altium, a leading provider of PCB CAD software, has announced the relocation of its core research and development (R&D) and PCB CAD division to the United States. This strategic move aims to strengthen the company’s position in the global market and foster innovation in the PCB design industry.
Reasons Behind the Relocation
Altium’s decision to relocate its core R&D and PCB CAD division to the US is driven by several factors:
- Proximity to key customers and partners
- Access to a highly skilled workforce
- Favorable business environment
- Opportunities for collaboration with leading universities and research institutions
By establishing a strong presence in the US, Altium seeks to enhance its ability to serve its customers better and drive the development of cutting-edge PCB CAD solutions.
Impact on the PCB Design Industry
The relocation of Altium’s core R&D and PCB CAD division to the US is expected to have a significant impact on the PCB design industry:
- Accelerated innovation in PCB CAD software
- Improved collaboration with industry partners and customers
- Enhanced support for US-based PCB designers and manufacturers
- Increased investment in research and development
Altium’s move demonstrates its commitment to staying at the forefront of the PCB design industry and delivering state-of-the-art solutions to its customers worldwide.
Altium’s Growth and Expansion
Over the years, Altium has experienced significant growth and expansion, establishing itself as a leading provider of PCB CAD software. The company’s success can be attributed to its focus on innovation, customer-centric approach, and strategic partnerships.
| Year | Revenue (USD) | Employees |
|---|---|---|
| 2015 | $93.6 million | 400 |
| 2018 | $140.2 million | 600 |
| 2021 | $191.1 million | 800 |
Altium’s consistent growth has enabled the company to invest in research and development, expand its global presence, and enhance its product offerings.
Benefits for US-based Customers
The relocation of Altium’s core R&D and PCB CAD division to the US brings several benefits to US-based customers:
- Faster response times and improved technical support
- Tailored solutions to meet the specific needs of the US market
- Enhanced collaboration and knowledge sharing
- Access to local training and educational resources
Altium’s presence in the US will enable the company to better understand and address the unique challenges faced by US-based PCB designers and manufacturers.
Future Plans and Outlook
Altium’s relocation of its core R&D and PCB CAD division to the US is part of the company’s long-term strategy for growth and innovation. The company plans to:
- Invest in cutting-edge research and development
- Expand its US-based team of experts
- Strengthen partnerships with key industry players
- Explore new opportunities in emerging technologies, such as 5G, AI, and IoT
With a strong presence in the US and a commitment to innovation, Altium is well-positioned to shape the future of the PCB design industry and deliver value to its customers worldwide.
Frequently Asked Questions (FAQ)
1. Why did Altium decide to relocate its core R&D and PCB CAD division to the US?
Altium’s decision to relocate its core R&D and PCB CAD division to the US is driven by several factors, including proximity to key customers and partners, access to a highly skilled workforce, a favorable business environment, and opportunities for collaboration with leading universities and research institutions.
2. How will the relocation impact Altium’s customers?
The relocation of Altium’s core R&D and PCB CAD division to the US is expected to bring several benefits to customers, including faster response times, improved technical support, tailored solutions for the US market, enhanced collaboration, and access to local training and educational resources.
3. What are Altium’s future plans following the relocation?
Altium’s future plans include investing in cutting-edge research and development, expanding its US-based team of experts, strengthening partnerships with key industry players, and exploring new opportunities in emerging technologies, such as 5G, AI, and IoT.
4. How has Altium grown over the years?
Altium has experienced significant growth over the years, with its revenue increasing from $93.6 million in 2015 to $191.1 million in 2021. The company’s employee count has also doubled during this period, from 400 in 2015 to 800 in 2021.
5. What role does innovation play in Altium’s success?
Innovation is a key driver of Altium’s success. The company’s focus on developing cutting-edge PCB CAD solutions and investing in research and development has enabled it to stay at the forefront of the PCB design industry and deliver value to its customers worldwide.
