ANSYS Leverages Product Design Expertise To Offer A Digital Twin Builder

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Executive Summary

This report forms one in a series covering the digital twin software market, which is beginning to gain traction as a new category of technology investment. One of the more established firms in this space is ANSYS. The firm was founded in 1970 and has more than 4,000 employees in over 50 countries. ANSYS has booked more than $1.3 billion in trailing 12-month revenue. With a long history in engineering simulation software used in product design, ANSYS has evolved into a digital twin software developer with its Twin Builder, which can be used to model and monitor industrial assets. ANSYS targets virtually any product firm that needs to design, test and validate its products. Verdantix recommends that customers looking to embrace Industry 4.0 practices and work with a proven, established firm that has a large global support network should try out ANSYS Twin Builder.

Table of contents

ANSYS Targets Its Digital Twin Capabilities At New Usage Scenarios
ANSYS Has The Design And Simulation Pedigree To Launch Digital Twins For Multiple Use Cases
Product-Centric Firms With An Industry 4.0 Strategy Should Test Out ANSYS Twin Builder

About the authors

Dennis Callaghan

Principal Analyst

Dennis is a Principal Analyst at Verdantix, contributing to both the Operational Excellence and Smart Buildings practices. His current research agenda focuses on covering asset performance management technologies across both industrial and smart buildings use cases, including Internet of Things monitoring and data analysis. Dennis has over 10 years’ experience in industry research and strategy. He previously worked at 451 Research, where he led that firm’s coverage of application performance management and IT service and asset management technologies. He has written about technology as a journalist, industry analyst or marketer for more than 20 years. Dennis holds a BA in journalism from Duquesne University.

David Metcalfe

CEO
David is the CEO of Verdantix and co-founded the firm in 2008. Based on his 20 years of experience in technology strategy and research roles he provides guidance on digital strategies to C-level executives at technology providers, partners at private equity firms and function heads at large corporations. His current focus is on helping clients understand their market opportunity tied to ESG investment trends and their impact on corporate sustainability strategies. During his 12 years running Verdantix – including 4 leading the New York office – he has helped dozens of clients grow their businesses through fund raising, acquisitions and international growth. David was previously SVP Research at Forrester and Head of Analysis & Forecasting at BT. He holds a PhD from Cambridge University and also worked as a Research Associate at the Harvard Business School.

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