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Founded in 1989, Forming Technologies (FTI®) is the world’s leading provider of software solutions for the design, feasibility, and costing of sheet metal components. FTI® has provided OEMs and suppliers in the automotive, aerospace, electronics, and appliance industries with innovative solutions designed to reduce development time and material costs. Our leading edge technology enables our customers to immediately improve their balance sheet by reducing material and labour costs. FTI® solutions are sold through an international network of reseller partners around the world. In addition to its “best-in-class solutions”, FTI® offers an extensive curriculum of Industry hands on Metal Stamping and Welding training courses that are developed and delivered by industry experts. We also offer engineering services based on our software products and our experience in the sheet metal industry. FTI® professional services include training, engineering, consulting, product feasibility, formability risk assessment, and green simulation. FormingSuite® Professional is our signature product for “Green Simulation”. Automotive OEMs around the world and their Tier 1 suppliers are now demanding Green Simulation to confirm the viability of their quotations for tool and die work. Forming Technologies is part of Hexagon's Manufacturing Intelligence division. At Hexagon, we don’t just measure the world – we define its future. As the global leader in measurement technologies, we provide the confidence that vital industries rely on to build, navigate, and innovate. Hexagon’s Manufacturing Intelligence division equips innovators with the technology to shape a better reality. From microns to Mars, our solutions drive productivity, quality, safety, and sustainability. Measurement is the foundation of progress. When it has to be right, it has to be Hexagon.

Website https://www.cadence.com/en_US/home.html
Revenue $4.6 billion
Employees 31 (18 on RocketReach)
Founded 1989
Address 555 Michigan Dr, Suite 200, Oakville, Ontario L6L 0G4, CA
Industry Software Development

Forming Technologies Questions

The Forming Technologies annual revenue was $4.6 billion in 2026.

Eric Wu is the Director of CAD and Geometry of Forming Technologies.

18 people are employed at Forming Technologies.

Forming Technologies is based in Oakville, Ontario.

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