Geometric Software Solutions (GSS), the Godrej-promoted IT design and solutions firm, feels the woes of Dassault Systems, its 30 per cent partner in 3D PLM Software Solutions, will not affect the joint venture as well as its own consolidated results.
GSS expects the joint venture to contribute over 35 per cent to its total consolidated revenues in the current financial year.
Dassault Systems on Wednesday said it is going to take a very conservative approach toward its growth next year, as it has blamed the weak economic climate, currency fluctuations and lower royalties from IBM for a two per cent decline in the third quarter revenues.
Manu Parpia, managing director, Geometric Software Solutions, said,
