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.
| Website | https://hexagon.com/products/product-groups/computer-aided-engineering-software/hxgn-virtual-manufacturing |
| Revenue | $5.9 billion |
| Employees | 34 (0 on RocketReach) |
| Founded | 1989 |
| Address | 555 Michigan Dr, Suite 200, Oakville, Ontario L6L 0G4, CA |
| Industry | Software Development |
| Keywords | Metal Forming Simulation, Cost Estimation Software, Electronics Manufacturing Software, Cad Cam Software, Oem Software Solutions, Lightweighting Solutions, Manufacturing Software, Sheet Metal Fabrication, Design For Manufacturing, Product Lifecycle Management, Digital Manufacturing, Computer Aided Engineering, Finite Element Analysis |
| Competitors | Siemens, Dassault Systèmes, Autodesk, PTC, Altair, Ansys, COMSOL, Inc., エムエスシーソフトウェア株式会社, BIMobject, AICON 3D Systems GmbH +43 more (view full list) |
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The Forming Technologies annual revenue was $5.9 billion in 2026.
Forming Technologies is based in Oakville, Ontario.