MOUNTAIN VIEW, Calif., Jan. 21, 2015 /PRNewswire/ -- Based on its recent analysis of the simulation market for discrete industries, Frost & Sullivan recognizes ANSYS, Inc. (ANSYS) with the 2014 Global Frost & Sullivan Award for Product Leadership. With its portfolio of engineering simulation solutions, ANSYS enables organizations to create complete virtual prototypes of their products early in the design cycle. The company's solid expertise, dating back 45 years, in developing best-in-breed simulation solutions, combined with its global presence, enable it to deliver a strong, unmatched value proposition to discrete industries.
Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality, gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables.
"The ANSYS solutions are tailored to customers' specific requirements in each phase of the product development process, from initial product design and conceptualization, to detailed engineering and final product verification," said Frost & Sullivan Consultant Imran Khan. "These simulation solutions not only accelerate the product development process, but also eliminate costly prototype makeovers."
ANSYS's broad array of simulation solutions, including computational fluid dynamics, structural analysis, electronics, systems engineering and embedded software, are designed to resolve product integrity and innovation challenges early in the product conceptualization stage. While simulation once was used largely during the testing and validation phases, ANSYS' advanced solutions ensure better iterations earlier in development.
ANSYS's vast simulation product portfolio provides customers with an effective one-stop shop for all of their simulation software needs. It leads its peers in high-performance computing and helps companies plan, align and consolidate their IT tools effectively, in the process reducing their software licensing and training costs.
The company serves the needs of a diverse range of industries, including aerospace & defense, automotive, consumer products, energy, healthcare, chemicals & materials processing, and industrial machinery segments. More important, ANSYS has uniform focus across all major discrete industries, as well as the regions of North America; Europe, Middle East, and Africa (EMEA); and Asia Pacific.
The company's simulation solutions are agnostic to computer-aided design (CAD), computer-aided engineering (CAE), and product lifecycle management (PLM) platforms used by industrial customers. This further reduces the huge expenses associated with integration.
"ANSYS serves over 40,000 customers, and its customer base includes some of the largest global industrial companies," noted Imran. "Its worldwide presence through direct and indirect sales channels eases the provision of localized sales and service, positioning it ahead of the rest of the competition."
Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for outstanding achievement in areas such as leadership, technological innovation, customer service, and product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research.
About ANSYS, Inc.
ANSYS brings clarity and insight to customers' most complex design challenges through fast, accurate and reliable engineering simulation. Our technology enables organizations ― no matter their industry ― to predict with confidence that their products will thrive in the real world. Customers trust our software to help ensure product integrity and drive business success through innovation. Founded in 1970, ANSYS employs over 2700 professionals, many of them expert in engineering fields such as finite element analysis, computational fluid dynamics, electronics and electromagnetics, embedded software, system simulation and design optimization. Headquartered south of Pittsburgh, U.S.A., ANSYS has more than 75 strategic sales locations throughout the world with a network of channel partners in 40+ countries. Visit www.ansys.com for more information.
About Frost & Sullivan
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SOURCE Frost & Sullivan