Editor’s note: This is the second of a two-part interview. As the new chief executive officer and president of Engineous Software, Janet Wylie has big plans for the company she just took over earlier this year.

“My desire is to further grow the company,” Wylie says, “making it a household name in the engineering sector.”

As big a task as that may be, Wylie has only good things to say and a bright outlook for the Cary-based software company, its products, services and employees, which is why she joined the company in the first place, she says.

Wylie, who’s spent more than 20 years with Fortune 100 companies, replaced interim CEO and President Ed Masi, who continues to serve on Engineous’ board of directors. Masi, who was already quasi-retired and never intended on keeping the job fulltime, stepped in when Dennis Nagy, formerly of MSC Software, left the company last September for personal reasons after some 15 months of service.

Now for Wylie, the big challenge, she tells LocalTechWire, is to get through the difficult economic times. Then, and only then, when the market and the company are ready, will Engineous consider going public.

What do you hope to accomplish as the new CEO of Engineous Software?

I’d like to expand our reach in the engineering field, where we have become more of an accepted solutions provider for engineers. We recently won the Pace Award, which is given out by the automobile industry to suppliers for excellence in products and services. There were hundreds of nominees, 18 finalists and eight final awards. We are very excited about that. It reinforces the fact that we are making a difference in companies and are then supported by our customers.

My desire is to further grow the company, making it a household name in the engineering sector. The other thing, an aspect of that, is to grow our offering to clients. In the past, it’s revolved around software, and I want to expand it to include more services. We have people who are skilled at solving problems. We can help them use our software in a better way, to use it to their advantage and to get better results and products that get to market faster.

We can also help them optimize their products to the parameters specified. What they can do is specify parameters that meet their market needs better, and we can help them build better products and get them to market faster. Our software also includes Six Sigma, which is a fine tuning management process. Bad products can still be manufactured well, but it’s not a good product. So we’re improving the design stage so that companies can manufacture and produce excellent products very well.

What challenges have you and will you face at Engineous?

Our biggest one is macroeconomic. We’re in the worst economic slump that the country has been in my career. Two of the largest industries, automobile and aerospace, have been impacted by the economy. That’s our biggest challenge. We have a fabulous technology and a great staff, so our biggest challenge is getting through this economic slump.

What do you think makes the company so unique, or ingenious, as the name says?

Really, what we do is three things for customers, and all at one time. What we do is automate the design process, integrate all the different codes they use to design and optimize design for the parameters that are important to them.

In the design process, you typically have a lot of steps…thermal loads, dynamic loads, etc. The codes are different for different designs, and you have to integrate them. The output for one program is the input for another. So we automate that process by integrating them together. Something that has taken months before can now take only weeks or days. We optimize…why are you doing this design, what’s the lowest cost, the fastest speed, or how do you minimize rare materials…based on what the design and market requires.

Why did you personally choose to join Engineous?

I thought that the technology was exceptional and that what really did it for the company is that it was extraordinary in terms of causing breakthrough design, because it designs and engineers, but also has the business aspects, optimizing costs and improving the design of production. It’s really a combination of business and technical aspects. And I was very impressed with the caliber of the people, too.

Do you have plans of taking the company public?

We would like to see the company go public. But we’re not ready for that right now and the market is not favorable for that. A lot of companies wish they weren’t public now. When the company and the market are ready, then it’s viable for us.

I think when you see other technology and engineering companies have successful IPO’s, I think that’s the biggest sign. There was just a small fraction of IPO’s over the last 12 months compared to the 12 months before that.

What excites you about your job?

The people, the customers, the employees and building something successful. Creating a vision, communicating that vision and then executing successfully against the vision. When all of those come together, it’s a beautiful thing.

For more information, see “Engineous Picks Experienced Female Executive as Its New CEO”

For Part One of LTW’s interview, click here: www.localtechwire.com/article.cfm?u=359