In order to grow revenue and remain competitive today’s global marketplace companies must shrink product development cycle times and get products to market faster, all while meeting a constantly evolving set of customer demands. An exponential increase in design complexity and a growing engineering skills gap combine to slow innovation at a time when there is a need to react faster than ever to industry trends.
The company which can explore and refine the most design ideas in the shortest time wins. To thrive in this environment companies must improve productivity by digitally transforming their engineering processes to fully leverage the value of simulation. While historically there has been some interest in expanding the use of simulation beyond small teams of expert analysts, market forces are now driving the need to use engineering simulation technology pervasively across the entire product development lifecycle in order to remain competitive.
Engineering simulation technology was first introduced over 50 years ago, but today it’s making a greater and more strategic impact than ever before. The world’s leading companies leverage simulation to create digital prototypes of their products, simulate real-world conditions and study their response. These organizations also perform digital exploration to optimize designs before costly physical testing begins. Improvements in hardware and processing speeds allow engineers to take advantage of simulation technology to consider millions of product permutations seamlessly and rapidly, without any investment in physical prototypes or testing.
Engineering simulation has already been proven to offer a significant financial payback because it cuts time and costs from the product development cycle, while also reducing warranty expenses. However, to maximize the impact of simulation, progressive engineering teams must apply engineering simulation at every stage of the product development cycle. This is Pervasive Engineering Simulation.
Learn more about Pervasive Engineering Simulation HERE.