ImpactXoft, Inc. provides software used to manage the collaborative design process. ImpactXoft is a private, venture-funded software company providing a suite of products that enable Simultaneous Product Development. The IX SPeeD Suite for collaborative 3D design delivers a new way to manage engineering design changes that fosters innovation, accelerates the product development cycle, and reduces design costs. It is based on two key technologies unique to ImpactXoft: IX Instant Participation enables real-time or on-demand parallel product development, while IX Functional Modeling enables a flexible, behavior-driven design approach. ImpactXoft has formed a strategic partnership with Dassault Systèmes. This company has distributors and resellers around the world. ImpactXoft started its operation in 1999. One of the company's investors is Boston Capital Ventures, Intel Capital, JPMorgan Partners, and TechFund.
One of the key people and executives of ImpactXoft, Inc. is Martin Welch, where he is the Executive Vie President and Chief Operating Officer of the said company. Martin Welch was formerly with Adaptive Media Inc., a company developing web-based 3D visualization and collaboration tools. Before that position, he was director of product development at Formtek Inc., an enterprise document management and collaboration company. He also held a significant leadership role at EDS, a leading provider of information technology solutions. Welch began his career at McDonnell Aircraft Co. and The Boeing Company.