PITTSBURGH, Nov. 16, 2016 /PRNewswire/ -- ANSYS (NASDAQ:
ANSS) announced today that it will collaborate with GE to create
model-based digital twin technology and disruptive commercial
business models to deliver on the promise of the Industrial
Internet of Things. This builds on an existing relationship between
the two companies. ANSYS will demonstrate a variety of
industry-specific digital twins at GE's (NYSE: GE) Minds + Machines
event in San Francisco, dedicated
to building the digital industrial ecosystem.
Simulation technology is no longer solely used by engineers to
design better products and reduce the costs of physical testing.
Leading organizations are expanding the use of simulation into
operations by creating digital twins – virtual representations of
individual operating assets whose performance and productivity can
be improved dynamically through simulation technology. Coupling the
rich sensor data from increasingly smart industrial equipment with
the predictive power of simulation, specific operating conditions
can be analyzed and failure points predicted, unlocking billions of
dollars in production and maintenance optimization.
Digital twins can live with the asset, providing a dynamic
self-teaching model used to optimize its performance in conjunction
with an Industrial Internet of Things (IIoT) platform. This
combination of machine learning, coupled with physics-based
modeling, enables organizations to see how their products performed
in the past and predict the future simultaneously. Using ANSYS to
create model-based digital twins will provide a foundation to
scaling the benefits of the IIoT. This is no longer a theoretic
concept as ANSYS and GE Global Research are already demonstrating
actual implementation of digital twins, like the GuardEon Molded
Case Circuit Breaker, a powerful low-voltage circuit breaker
designed for global industry applications. By using ANSYS software,
GE engineers are able to study and test complex physics at a level
of detail that was impossible to achieve through physical
testing.
"Pairing physics and analytics models via the digital twin is
essential to providing our customers with the 360 degree insights
they need to create competitive advantage in a rapidly changing
world," said Eric Bantegnie, ANSYS vice president. "We are excited
to be taking another step forward in our long-standing partnership
with GE."
Through this collaboration, ANSYS will work with GE Digital, GE
Global Research and GE's industrial businesses to expand and
integrate ANSYS' leading physics-based engineering simulation and
embedded software development platform with GE's Predix platform to
power digital twin solutions across a wide range of industries.
Scaling digital twin solutions from the edge to the cloud will
accelerate the value of ANSYS simulation, drive Predix adoption and
open new opportunities to explore disruptive business models and
commercial relationships.
"We are building the digital industrial ecosystem to drive
better outcomes for our customer through the Predix platform," said
John Magee, Chief Marketing Officer,
Predix. "ANSYS is the market leader in physics-based simulation,
and we are pleased to work with them to scale model-based digital
twin solutions on Predix to provide our customers with new insights
that were not possible before."
About ANSYS, Inc.
ANSYS is the global leader in engineering simulation. We bring
clarity and insight to our customer's most complex design
challenges through the broadest portfolio of fast, accurate
and reliable simulation tools. Our technology enables organizations
in all industries to imagine high-quality, innovative and
sustainable product designs that have an accelerated time to
market. Founded in 1970, ANSYS employs almost
3000 professionals, more than 700 of them with PhDs 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 and development locations throughout the world with
a network of channel partners in 40+ countries. Visit www.ansys.com
for more information.
ANSYS also has a strong presence on the major social channels.
To join the simulation conversation, please visit:
www.ansys.com/Social@ANSYS
ANSYS and any and all ANSYS, Inc. brand, product, service and
feature names, logos and slogans are registered trademarks or
trademarks of ANSYS, Inc. or its subsidiaries in the United States or other
countries. All other brand, product, service and
feature names or trademarks are the property of their respective
owners.
ANSS-C
Contact
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Media
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Amy
Pietzak
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724.820.4367
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amy.pietzak@ansys.com
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Investors
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Annette Arribas,
CTP
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724.820.3700
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annette.arribas@ansys.com
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SOURCE ANSYS, Inc.