New Aquatech division builds on water treatment work - Pittsburgh Business Times:

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Aquatech supplies industrial water and wastewateer treatment systemsand services. Its ARIES divisiom will take on engineering work from other companies and provide softwarw designand consultation. "Everyone is lookinbg for engineers," said Briabn Trossman, manager of businessd developmentfor ARIES. "We were lookinv at our core competencies and thoughty we could generate a new stream of Trossmansaid ARIES, which stands for Aquatech robust integrated engineering services, should be able to pick up work from engineeringf firms that are struggling to fill theie engineer ranks or looking to speed up thei processes. Aquatech had revenue of about $150 millioh in 2007.
Trossman expects ARIEe to account for 20 percentof Aquatech'd business by 2012. Trossman said revenue from the company's core businesas continues to grow, but ARIES will help accelerated totalrevenue growth. Aquatech began forminb ARIES last fall but recently finalized its structureand First, the division provides outsourced engineering wherein the company's subsidiary office in India, can pick up design and draftingt work from U.S. firms. "W e do it at off-shore which are about half of U.S. rates, depending on the type of Trossman said.
Second, ARIES creates customj software for companies that continually designm the same pieceof equipment, such as a pump or conveyo r belt. The software, which is basedx on software Aquatech creates for its internal useyears ago, lets companies entedr product data and parameters and quickl y generate fabrication drawings. Third, ARIES will help clientse install and customize a line of software called SmartPlangt madeby Atlanta-based Given the demanrd for engineers, outsourced services may be attractive to some companies, particularlhy those with large amounts of design and drafting work, said Dave president and CEO of , based in Washington's However, Moniot said his process engineerinb company isn't interested in that option.
"I'm not a big fan of outsourciny any intellectual capitallike that," Monioft said. "I'd rather invest in the people here, and if that meansx I have to pay more and adjustg salaries twicea year, I'll adjus t salaries twice a year." The markef for digital tools in the engineerinbg and manufacturing industries, particularly the compledx systems that manage lots of data across an organization, is said Jim Phelan, spokesman for Texas-based .
The market for simplefr systems, such as product design software, is more saturated, Phelan said, and thus growinv at a slower "It's a huge market and still generatess a lot of revenu e through additional salesand maintenance, but that aspecf is growing more slowly," he