Enabling ESI’s Virtual Prototyping solutions
for Cloud/SaaS offering
- Launching a powerful catalyst to
democratize end-to-end virtual product development
- Responding to a strong demand for
Cloud, On-demand products and services driven by the digital ‘Smart
Factory’ paradigm and lower cost of ownership
- An opportunity to win the SME market
with an offer at minimal transactional costs
- A progressive roll-out through a
flexible adaptive business strategy
Regulatory News:
Alain de Rouvray, ESI Group’s (Paris:ESI) Chairman and CEO
states: “Riding the accelerated transformational wave of
Information & Communications Technologies (ICT), Ciespace’s
leading edge CAE Cloud based modeling tool will provide ESI with a
quantum leap in its Go-to-Market strategy. Enabling a full
Cloud/SaaS offering of our Virtual Prototyping solutions will
create considerable additional value to our existing and future
customers; substantially lowering the cost of ownership and the
need for in-house expertise. The flexibility and affordability of
the Cloud/SaaS business model is expected to progressively attract
new types of technical SME users, beyond the traditional community
of CAE specialists. Furthermore Ciespace’s high caliber engineering
team will bring to ESI its advanced knowledge and proven experience
in both CAE and Cloud technologies. The operation is well aligned
with ESI’s strategy to “enable Virtual Prototyping for all”. After
an initial integration phase, this acquisition should strongly
accelerate the generation of new customers with an offer at minimal
transactional costs.”
The Ciespace platform is a result of many years of pioneering
development. It is the first commercially available CAE Cloud
solution with modeling capabilities built entirely on an open, web
services platform. It was intended from its inception to deliver a
new paradigm of engineering design and analysis solutions by
seamlessly leveraging the potential of the Cloud. This highly
innovative approach addresses critical technical challenges and
delivers a full CAE solution under a Cloud/SaaS model; namely,
scalable High Performance Computing (HPC), multi-tenant
architecture, open application framework, real-time collaboration,
browser based visualization, and a high level of web security.
Combining Ciespace’s Cloud technology with ESI Group end-to-end
‘Art of CAE Modeling’ will enable a new disruptive paradigm to
transform how products are developed and manufactured in the
engineering world. It will also allow ESI Group to easily and
rapidly roll out all its offering on a Cloud platform accessible
through the web on mobile and desktop devices.
Launching a powerful catalyst to democratize end-to-end
virtual product development
This acquisition will also enable a new way to develop and
deliver cost effective and reliable digital modeling for CAE
solutions. The value of Ciespace’s technology and its collaborative
approach will accelerate the democratization of CAE to all
engineers and designers and gradually to non-technical users in
both small and large enterprises.
Ciespace’s team of high level engineers will be integrated under
the leadership of its most qualified and renowned CTO, Dr. Sanjay
Choudhry, who will ensure the successful transfer and exposure of
ESI’s virtual prototyping and modeling technologies and domain
expertise on Ciespace’s engineering Cloud platform.
“Our team is very proud to be joining ESI Group as we share the
same passion for innovation and technological excellence through
the “Art of digital Modeling”. By leveraging ESI’s worldwide
distribution and development network, Ciespace’s technology will be
expanded and spread worldwide and in many new industrial sectors.
We are confident numerous customers and prospects will appreciate
the tremendous added value that will come from this combination of
best in class physics, modeling and Cloud platform.” states Sanjay
Choudhry.
Responding to a strong demand for Cloud, On-demand products
and services driven by the digital ‘Smart Factory’ paradigm and
lower cost of ownership
The digital ‘smart’ factory is expected to help manufacturers
boost their competitiveness by rationalizing development costs,
times and expertise, without sacrificing innovation. To pursue this
goal, the key leverage is to re-think all the development processes
to achieve a single digital model that is easily accessible and
widely sharable in the Cloud. All engineers and technicians
involved in each of the product development phases (design,
simulation & analysis, prototyping and testing) should be able
to collaborate and observe the impact of their iterative
improvements within the framework of a holistic and highly
accelerated interactive solution.
Adapting a Cloud/SaaS model for its products deployment will
create for ESI a unique opportunity to grow its business with its
current customers by expanding the number of active users from a
limited number of CAE specialists to the much broader set of
engineers, technicians, designers, marketers and others working
simultaneously on the product development model.
An opportunity to win the SME market with an offer at minimal
transactional costs
ESI Group’s historic strategy has primarily focused on OEMs and
their Tier1 suppliers. For the SME segment, ESI will now be poised
to promote its highly-competitive solutions in a flexible manner
adapted to the dynamic needs of companies with a lower investment
capacity and expert availability than that of OEMs and their
primary suppliers.
By integrating the Cloud technology, ESI Group will also
significantly accelerate the deployment of its solution portfolio
through a SaaS model with lower and more elastic cost of ownership
for customers. Such an On-demand license rental and service
oriented offering will allow customers to access ESI solutions and
HPC resources tailored to their needs and consumption patterns,
without fixed software and hardware capital expenditures.
A progressive roll-out through a flexible adaptive business
strategy
Following this acquisition, ESI will hold 100% of Ciespace’s
assets and will integrate its high profile engineering team. The
first part of the integration will be the roll-out of some ESI
solutions, including providing access to selected solvers and
advanced modelling tools on the Ciespace Cloud platform. The
objective will be to seamlessly deploy On-demand CAE modeling,
enabling customers to access high Performance Computing (HPC)
resources and post-process results so they can complete analysis
and iterative improvement with minimal development and investment
effort. In the near term, ESI will use its existing sales channels
to address current and new users from its OEMs and Tier1 customer
base. In the mid-term, ESI will adapt its commercial strategy to
address SMEs and Tier2-3 suppliers with an end-to-end Cloud/SaaS
product and solution offering targeted at a wide range of
manufacturing companies.
For more ESI news, visit: www.esi-group.com
Next Events:
Full-year 2014 results:
April 16, 2015
About CIESPACE
Ciespace Corporation is an emerging software technology company
founded in 2007 by Dr Kenji Shimada, a worldwide expert in
Geometric Modeling and Simulation. The company, based in Santa
Clara, California, consists of a team of 10 highly qualified
engineers that posess in-depth expertise in CAE/CAD and cloud/web
technologies. It delivers an innovative Platform as a Service
(PaaS), enabling ISV’s of engineering design and analysis solutions
to get to the cloud – faster.
About ESI
ESI is a world-leading provider of Virtual Prototyping software
and services with a strong foundation in the physics of materials
and Virtual Manufacturing.
Founded over 40 years ago, ESI has developed a unique
proficiency in helping industrial manufacturers replace physical
prototypes by virtually replicating the fabrication, assembly and
testing of products in different environments. Virtual Prototyping
enables ESI’s clients to evaluate the performance of their product
and the consequences of its manufacturing history, under normal or
accidental conditions. By benefiting from this information early in
the process, enterprises know whether a product can be built, and
whether it will meet its performance and certification objectives,
before any physical prototype is built. To enable customer
innovation, ESI’s solutions integrate the latest technologies in
high performance computing and immersive Virtual Reality, allowing
companies to bring products to life before they even exist.
Today, ESI’s customer base spans nearly every industry sector.
The company employs about 1,000 high-level specialists worldwide to
address the needs of customers in more than 40 countries.
ESI is listed in compartment C of NYSE Euronext Paris and is
granted “Entreprise Innovante” (Innovative Company) certification
since 2000 by Bpifrance. ESI is eligible for inclusion in FCPI
(venture capital trusts dedicated to innovation) and PEA PME.
2014 awards: winner of the 2014 ASMEP-ETI/Bpifrance award in the
Innovation and industrial strategy category and of the Grand Prix
des Entreprises de Croissance, in the Software and IT Services
category and winner of the “Ambitions d’Entrepreneurs” trophy in
the International category.
For further information, visit www.esi-group.com.
Investors RelationsESI Group – EuropeSylvie Delangle, +33 1 53
65 14 14investors@esi-group.comorESI Group – AmericaCorinne
Romefort-Régnier, +1 415 994
3570investors@esi-group.comorNewCapEmmanuel HuynhLouis-Victor
Delouvrier+33 1 44 71 98 53esi@newcap.fr
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