Italian software house specialized in numerical optimization and simulation data management celebrates two decades since its foundation
TRIESTE, ITALY – 27 May 2019 – ESTECO celebrates the twentieth anniversary since its foundation. The company today totals 120 employees distributed in three locations: Italy, India and the United States. It was founded in 1999 based on the idea of three engineers – Carlo Poloni, Luka Onesti, and Enrico Nobile – who decided to transform their knowledge, acquired during a European optimization project, into a successful commercial product.
“When we founded ESTECO, multiobjective optimization was a virtually unknown topic: we pursued our vision ahead of time. I believe that, along with a certain amount of luck, this was the key to our success”, said Carlo Poloni, president and co-founder of ESTECO.
“We have been exploiting artificial intelligence and neural networks for 18 years within our flagship software, modeFRONTIER. We have been dealing with evolutionary algorithms since 1995, when we organized a workshop with the experts who were already working on this topic at that time “.
Over the years, ESTECO has grown steadily, gaining numerous recognitions and awards both in Italy and abroad. Today it boasts a direct presence in the United States and India as well as a distribution network that relies on local sales partners in Europe, Brazil, Japan and in South East Asia.
ESTECO counts more than 300 international industrial customers including Alenia Aermacchi, Bombardier Transportation, Ferrari, Embraer, Ford, Honda R&D, Jaguar Land Rover, Landi Renzo, Piaggio, Volvo Car Corporation, NASA. Moreover, around 200 prestigious universities use the software for educational and research purposes.
Since its foundation, the company has maintained its headquarters in Trieste, Italy, within AREA Science Park, a science and technology hub where research, development, and innovation find a stimulating environment.
“Even after 20 years I continue to consider ESTECO a start-up: aside from our core business, we continue to learn and are always searching for new ways to innovate”, said Poloni.
ESTECO is an independent software provider, highly specialized in numerical optimization and simulation data management with a sound scientific foundation and a flexible approach to customer needs. Our technology brings modularity, ease of use, standardization, and innovation to the engineering design process. ESTECO’s smart engineering suite brings enterprise-wide solutions for design optimization, simulation and process data management (SPDM), and process integration and automation. With 20 years’ experience, the company supports over 300 leading organizations in designing the products of the future, today.
VOLTA is a web platform for multidisciplinary business process optimization and the management of enterprise simulation data.
modeFRONTIER is the platform for process automation and optimization in the engineering design process.