AI Akselos ANSA ANSYS Aras ASSESS AweSim BETA CAE BETA CAE Systems Blogger Bruce Jenkins business of siimulation BWAY CAASE 20 CAASE20 CAASE 2018 Cadence CAE Cenos CFD CIMdata Cloud-based CAE Cloud-based Simulation cloud computing CM Labs COFES Comet Solutions computational fluid dynamics COMSOL Coreform Covid19 Simulation CREO Dassault Systemes Data Center Data Center Digital Twin data center digital twins democratization Democratized Simulation Democratizing HPC Democratizing Simulation Design Space Exploration Digital Engineering Digital Engineering Magazine digital thread Digital Twin Digital Twins EASA Engineering.com ESRD ESTECO excel fea FMI Front End Analytics Future Facilities Generative Design GKN Driveline Hexagon Hexagon MSC Hexagon MSC Software High Performance Cloud Computing HPC Intelligent Templates intrinSim Joe Walsh Kenneth Wong Kinetic Vision Malcolm Panthaki Matt Ladzinski Maya HTT MBSE Michael Alba modeFRONTIER Modelica Modelon MSC Software MultiPhysics Simulation Multi Physics Simulation NAFEMS NAFEMS America nTopology ohio supercomputer center OnScale Open Standards Ora Research PASS Software Phoenix Integration Pointwise PTC Rev-Sim Rev-Sim.org Revolution in Simulation Seb Dewhurst Siemens Siemens NX Siemens Simcenter Siemens Xcelerator SimApps Sim Apps Simcenter SimScale Simulation Simulation Applications Simulation Apps Simulation Automation Simulation Governance SolidWorks SOLIDWORKS Simulation SPDM spreadsheet System Simulation Template-Based Simulation The UberCloud UberCloud Uber Cloud VCollab Vortex Studio web app Wolfgang Gentzsch Xcelerator
  1. Home
    2. ››
  2. Business Challenges & ROI

What Is Business Challenges & ROI?

Business Challenges with expanding the Use of Engineering Simulation

Engineering Simulation is a major key for multiple business drivers by providing better understanding of product and process behavior, variability and risk. However, Engineering Simulation software is still typically used only by expert analysts and we need to expand the usage to a broader audience.

The changing role of Engineering Simulation is really about business drivers for improved competitiveness:

  1.  Increase Innovation
  2. Increase Performance
  3. Improve Quality/Risk
  4. Management  Reduce Time
  5. Reduce Cost.

Engineering Simulation is a major key to all 5 business drivers in providing better understanding of product and process behavior, variability and risk. These business drivers are going to force a “Simulation Revolution”.

How to Get Started with Simulation Process and Data Management

The objective of this book is to provide prudent, actionable, vendor independent, information and best-practices on how to approach an SDM project and achieve a first successful SDM deployment as well as identifying pitfalls to avoid based on facts and data from 20 years of SDM project experiences.

Aras Blog: The Digital Twin Time Machine

If you capture a product’s configuration correctly, you have context―which enables you to create traceability. In essence you have created the Digital Twin time machine. The context of the Digital Twin, supported by digital thread data, and analysis tools like simulation or analytics, allows you to move backwards and forwards for any product or system of products.

A Revolution in Healthcare with Simulation

Watch this video to get an overview of how ANSYS simulation is helping medical device and pharmaceutical companies save lives by using in silico tests to safely develop innovative devices and treatment methods in virtual human laboratories. Learn how simulation leads to an incredibly high return on investment for these companies, and how regulatory agencies like the FDA are starting to allow simulation data to be used as part of a faster approval process.

Solution Providers:

Systems Engineering Challenges for Management

This presentation was given at the NAFEMS Americas 2018 conference CAASE18 in Cleveland, OH, USA (see also www.nafems.org/caase18). This topic was also presented and discussed at COE 2018, April 15-18, 2018, San Diego, CA, USA as well as at NAFEMS "Engineering Analysis & Simulation in the Automotive Industry: Creating the Next Generation Vehicle"; November 8, 2018; Troy, MI, USA.

Engineering simulations – key for SMEs to unlock Industry 4.0

Traditional ways of work simply aren't any more sustainable and effective, because the still ongoing technological revolution is reshaping all products and services that have been made before, giving place to new ones, even new concepts, and work titles.

ANSYS Discovery Live: Geometry & Simulation of Stent Design

Biomedical engineers design stents to open or prevent blockages in arteries. They must consider and optimize a number of design parameters to ensure a stent has the flexibility to withstand localized forces, and the structural integrity to retain its artery-opening shape. Watch video of Ansys Discovery Live being used for geometry and simulation of stent designs.

Solution Providers:

How Simulation Is Managed at Embraer

Before SPDM was implemented, the simulation process suffered from a lack of traceability, difficulty in reproducing results, no version control, a slow execution and little security. Embraer started using SPDM software called SimManager by MSC Software, the company best known for the most commercially successful version of NASTRAN (conceived at NASA), de rigueur at every established aerospace firm.

Connecting Simulation to the Digital Thread

Simulation has often been disconnected from the rest of the development process, struggling with traceability and the ability to provide meaningful feedback in a timely manner. Watch this demonstration as it shows how a user of the Aras Innovator digital thread platform can use simulation to evaluate the performance of a design as it progresses, and how the results of simulations are tied back to Requirements to do closed-loop Verification and Validation at every stage of the product lifecycle.

Benefit from digital twins at any IoT maturity

In a commissioned study of IoT decision makers conducted by Forrester Consulting on behalf of Siemens in May 2019, respondents of varied IoT maturity levels recognized that digital twins can continuously improve their product offerings and improve product quality.

Why digital twins will be the backbone of industry in the future

For industry and the internet of things (#IoT), digital twins, offering virtual representations of real-world products will be the innovation backbone of the future. Entire systems can be simulated and tested long before a physical prototype has been built. Even operation of existing systems can be further optimized using a #DigitalTwin. Imagine the extraordinary possibilities merging them with artificial intelligence (#AI). Industry experts for digital twins are already using all these possibilities in concrete applications. Siemens Stories on Digital Twin: https://sie.ag/2FSldHZ Make use of it: https://sie.ag/2XcV2q8

The Role of Digital Twins in De-Risking Offshore Operations: The Search for ‘Zero Dive’

Manned diving operations are a necessary part of maintaining offshore oil and gas assets, but also a very costly and dangerous process. With new technological developments such as Digital Twins, could a future where divers no longer have to work on offshore rigs be in sight? Umar Ali explores the potential of ‘zero dive.’

Key ingredients of effective decision making in the era of collaborative engineering

ESTECO President, Carlo Poloni shares some ingredients that have proven to be essential for effective decision making in the digital world.

Cambashi’s Latest Views on Digital Twins

Cambashi, a leading UK-based computer/software market analyst firm has just published this article on the growing importance of Digital Twins.

Digital Twin Approach in Industrial Applications at ZF

ZF applies the latest VR and simulation technology.

Here Comes the Simulation Revolution! Part 2

Machine Design Magazine's second installment details the implementation challenges and ROI associated with Democratizing Simulation.

Agile Engineering Processes: The Business Impact of Simulation Democratization

Presentation from Matteo Nicolich, Marco Turchetto (ESTECO SpA) and Cristiano Persi, Andrea Santoro (Ergolines Lab Srl)

CAE’s Pivotal Role in Innovation

An interview with Umberto Lecci of Elettronica Group, a world leader in Electronic Warfare solutions.

MCADCafe Blog: ASSESS Initiative Presents Credible Arguments For Increased Engineering Simulation

Jeff Rowe of MCADCafe posts a blog on MCADCafe Newsletter about the ASSESS Initiative Positioning Papers regarding Democratization of Engineering Simulation (DoES) and Aligning Commercial, Government, and Research Engineering Simulation Efforts.

A Business Centric Approach to Democratized Simulation

From the CAASE 18 conference, Front End Analytics' Juan Betts discusses implementation of Democratized Simulation in large and complex organizations.

The Challenges & ROI of the Democratization of Simulation – Why Progress is Slow

Comet Solutions' Malcolm Panthaki discusses why Democratized Simulation isn't implemented overnight.

Addressing the Bottlenecks of FEA Simulation

engineering.com White Paper by Michelle Boucher, Vice President of Research for engineering software at Tech-Clarity

ASSESS Initiative Business Challenges Theme

Investigate issues and to develop approaches to enable a significant increase in usage and benefit of Engineering Simulation.

A Simulation Revolution is Needed to Solve the CAE Industry’s Problems

The worldwide business environment is seeing a strong focus on strategic goals for improving competitiveness.

Understanding and Enabling the Simulation Revolution

Business Drivers are going to force a “Simulation Revolution” - Engineering Simulation will be forced to find a way

Addressing the Bottlenecks of FEA Simulation

engineering.com White Paper by Michelle Boucher, Vice President of Research for engineering software at Tech-Clarity

ASSESS Initiative Business Challenges Theme

Investigate issues and to develop approaches to enable a significant increase in usage and benefit of Engineering Simulation.

A Simulation Revolution is Needed to Solve the CAE Industry’s Problems

The worldwide business environment is seeing a strong focus on strategic goals for improving competitiveness.

Understanding and Enabling the Simulation Revolution

Business Drivers are going to force a “Simulation Revolution” - Engineering Simulation will be forced to find a way

Engineering Design Platforms and Simulation in-CAD Benefit Product Development Teams

Computer-aided engineering (CAE) tools have the power to take the gut feel and rules of thumb out of the engineering world.

The Changing Role of Simulation Brings New Business Challenges

Opening presentation for NAFEMS 2020 webinar series Business Challenges topic

NAFEMS 2020 Webinar Series

NAFEMS Americas partnered with a number of industry thought leaders and end-users companies to host a series of webinars.

Simulation is Becoming Democratized at Last (Part 3)

Part 3 of a 3-part series discussing the Democratization of Simulation.

Simulation is Becoming Democratized at Last (Part 2)

Part 2 of Bruce Jenkins series on the Democratization of Simulation.

Experience in the Corporate-Wide Deployment of Modeling Technology

For Pfizer, modeling technology is critical to their ability to produce cutting edge pharmaceutical products in a competitive and rapidly changing industry.

Simulation is Becoming Democratized (Part 1)

Part 1 of a three part series discussing the Democratization of Simulation.

Democratizing CAE at AAM

American Axle & Manufacturing's eight initiatives to improve democratizing CAE.

Rethinking Simulation as a Strategic Discovery and Knowledge Creation Tool

Gartner's Marc Halpern discusses simulation as a strategic tool.

5 CAE Industry Strategies to Bring Simulation to More Engineers

Engineering.com's Shawn Wasserman writes about the 5 CAE Industry Strategies to Bring Simulation to More Engineers

Simulation apps shrink costs, time-to-market for packaging container manufacturer

Simulation apps are the latest development in making advanced CAE capabilities safely and easily available to engineers and designers.

Business Drivers in Simulation

Learn the key business drivers behind simulation and analysis.

ASSESSing the Future of CAE

Monica Schnitger gives her take on the future of CAE.

Democratizing CAE: Simulation Apps Offer Potential Hundredfold Growth in CAE Usage

Democratizing CAE: Simulation Apps Offer Potential Hundredfold Growth in CAE Usage

Expert Knowledge Captured and Reused for Design Space Exploration

Ora Research,President Bruce Jenkins gives his take on the "Appification" of Simulation.

Leveraging Simulation & Analysis Expertise

SimApps create expert define templates to provide multiple users with engineering tools.

Democratizing CAE with SPDM at GKN Driveline

Digital Engineering guest blogger, Bruce Jenkins (Ora Research) recaps the NAFEMS Democratizing CAE webinar featuring GKN Driveline.

The Changing Role of Simulation

Learn the business drivers that are and will be pushing widespread use of simulation in the product development process.

Simulation in the Cloud is Becoming Mainstream

Engineering.com's John Hayes explains that - when it comes to simulation - its time to get your head in the clouds.

CAE on the Cloud

Will the availability of the high-performance cloud computing help drive use of CAE tools?

Moderators

Communicating Value

Understanding and explaining the Engineering Simulation value proposition to non-technical executives remains to be the biggest business challenge for Engineering Simulation.

READ MORE

Subscribe For Updates

RevolutionInSimulation.Org publishes a quarterly newsletter featuring the latest Business Challenges & ROI updates, news, events, and more. Complete the form below to begin receiving Rev-Sim news!

By submitting this form, you are consenting to receive marketing emails from: Rev-Sim, LLC and its Sponsors. You can revoke your consent to receive emails at any time by unsubscribing.

Follow Revolution In Simulation On LinkedIn

Follow Us

Blog Posts

Understanding  Contributing Factors

The ASSESS Initiative has initially outlined six major contributing factors to Engineering Simulation business challenges to provide understanding and guidance moving forward.

READ MORE