Agreement reached to reduce development cycle times

5th May 2016

ANSYS

Joe Bush

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An agreement between ANSYS and Future General Electric will assist the company in reducing risk and unplanned down-time. 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 realise 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%, and 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 an industrial cloud offering designed specifically for industrial data and analytics across industries such as aviation, transportation, oil and gas and healthcare. Organisations use this platform to create industrial internet applications that turn real time operational data into insights for better and faster decision making while maximising machine efficiency.

ANSYS’ portfolio of engineering simulation software will collaborate with GE Power Engineering to pilot ‘simulation as a service’, enabling companies to analyse 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 down-time 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 organisations to innovate like never before while delivering on their promise to deliver the most robust and reliable products ever imagined.”