PITTSBURGH, May 3, 2016 /PRNewswire/ -- Future General
Electric Co. customers will benefit from innovative and reliable
products with reduced risk and unplanned downtime as never before
thanks to a new agreement between the company and ANSYS (NASDAQ:
ANSS).
The new agreement expands GE's use of ANSYS engineering
simulation solutions to accommodate its November 2015 acquisition of Alstom's Power and
Grid businesses. It enables GE to realize synergistic savings
through tool consolidation, while still growing the number of ANSYS
solutions used in product development and analysis, product
quality, and testing. This use of Simulation Driven Product
Development™ has already reduced cycle times by 33 percent, an even
further reduction is expected as a result of this investment.
The deal also expands beyond product development into
operations, a key element to GE's Predix Industrial Internet
platform. Predix is the world's only industrial cloud offering
designed specifically for industrial data and analytics across such
industries as aviation, transportation, oil and gas, and
healthcare. Organizations use this platform to create innovative
Industrial Internet applications that turn real-time operational
data into insights for better and faster decision making while
maximizing machine efficiency.
ANSYS' industry-leading portfolio of engineering simulation
software will collaborate with GE Power Engineering to pilot
"simulation as a service," enabling companies to analyze the
performance of smart machines in real-world operating conditions,
then make confident predictions about future performance.
Physics-based simulation with big data analytics and industrial
devices augmented with embedded intelligence can reduce risk, avoid
unplanned downtime and speed up new product
development.
"By collaborating with ANSYS, we're better able to deliver the
world the most advanced products to power the world and support the
GE Digital Thread strategy," said John
Lammas, vice president, gas power systems technology and
chief technology officer of GE Power.
"The industry is in the midst of a revolution in manufacturing
and product innovation," said Walid
Abu-Hadba, chief product officer at ANSYS. "With our new
agreement in hand, GE and ANSYS will help to usher in this new age
of Internet of Things and Industry 4.0, enabling organizations to
innovate like never before while delivering on their promise to
deliver the most robust and reliable products ever imagined."
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.
About GE Power
GE Power is a world leader in power generation with deep domain
expertise to help customers deliver electricity from a wide
spectrum of fuel sources. We are transforming the electricity
industry with the digital power plant, the world's largest and most
efficient gas turbine, full balance of plant, upgrade and service
solutions as well as our data-leveraging software. Our innovative
technologies and digital offerings help make power more affordable,
reliable, accessible and sustainable.
For more information, visit the company's website at
www.gepower.com and http://powergen.gepower.com.
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.