As our actions during 2014 have demonstrated we have been on an accelerated strategy implementation path with the introduction of our 3DEXPERIENCE platform, initial Cloud offer and expanded Industry Solution Experiences coverage, commented Bernard Charlès, Dassault Systèmes President and Chief Executive Officer.
On top of this we have made several critical acquisitions extending our addressable market in a significant manner. With our new brand, BIOVIA, our ability to address the chemistry, biology and material sciences industries represents an incredible expansion of our expertise and market opportunities. In manufacturing we now have an end to end solution extending from digital manufacturing to manufacturing operations management to operations planning and optimization thanks to the combination of DELMIA with the Apriso and Quintiq acquisitions.
In addition to advancing strategically, we are focused on advancing our execution across the Company. In sales, our decision to design and go to market with Industry Solution Experiences has enabled us to elevate our customer engagements thanks to the very direct relevancy of these solution experiences to our clients perspectives on their businesses. In turn, this has led to an improvement in our new licenses traction with large accounts in a number of countries in Asia, in North America and in selected countries in Europe.
Altogether, the implementation of these strategic and operational initiatives have enabled us to continue to strengthen our market position and offer to companies in the aerospace, automotive, industrial equipment and high tech industries while also extending our market reach and offer to a number of industries in a more comprehensive manner.
2014 Third Quarter Financial Summary
|In millions of Euros, except per share data||IFRS||Non-IFRS|
|Change||Change in cc*||Change||Change in cc*|
|Q3 Total Revenue||562.1||14%||16%||579.7||17%||19%|
|Q3 Software Revenue||497.6||11%||13%||511.7||13%||16%|
|Q3 Services and other revenue||64.5||45%||46%||68.0||52%||54%|
|Q3 Operating Margin||18.2%||29.7%|
|In millions of Euros||IFRS||Non-IFRS|
|Q3 2014||Q3 2013||Change in cc*||Q3 2014||Q3 2013||Change in cc*|