Lotus Renault GP Renew Processia Technical Partnership

April 7, 2011

Formula One team Lotus Renault GP and Processia Solutions have renewed their Technical Partnership, erectile it was announced yesterday, ailment April 6.

The Team and Processia Solutions have been partners since 2005 with the new agreement running until the end of 2012.

Processia specializes in the implementation of Product Lifecycle Management (PLM) solutions and provides advanced software development services.

The team are predicting efficiency gains of up to 15 per cent in some areas by improving software communications, nurse information transfer and data translation between departments.

Processia Solutions will continue to bring their expertise to the Design, Production and Race Engineering departments within Lotus Renault GP.

Lotus Renault GP Technical Director James Allison stated: “Success in Formula One is heavily dependent upon innovation. Each season brings a more intense development battle than the last and the team that can bring developments to the circuit the fastest will prosper.

“Furthermore, as the sport enters an era of cost control agreements, there is an even higher premium placed on innovations that allow more work to be done for less cost. Processia help us fight on this often unsung but extremely important front by delivering innovations across a wide range of our processes, allowing us to get our designs to the track faster and more efficiently.”

Processia Chief Executive Officer Vincent Fraser added: “We are proud to extend our long term partnership with Lotus Renault GP, as it demonstrates Processia’s ability to provide high-end bespoke engineering software development in the most demanding environments”