The digital twin can now be used for predictive maintenance. PTC and Ansys are working together to deliver connection technology to pair up Ansys simulation expertise with applications built on the PTC ThingWorx Industrial Internet of Things (IIoT) platform. The goal is to give manufacturers a way to integrate intelligence simulation into Internet-connected products. The … [Read more...] about PTC and ANSYS deliver Industrial Internet of Things simulation connections
ANSYS
Ansys acquires systems safety analysis company
KPIT Medini is a respected specialist safety analysis whose products are integrated into solutions from many vendors. Engineering simulation software vendor Ansys has acquired Berlin-based KPIT Medini Technologies AG, a provider of systems safety analysis solutions. Terms of the deal were not released. Medini was a part of the larger KPIT, which is not being acquired. … [Read more...] about Ansys acquires systems safety analysis company
Ansys Q1 new reality: slower, more steady growth
Net income is up 16% on 4% growth. A $10 million sale was booked in the quarter. For years Ansys (ANSS: Nasdaq) has been the high-growth stock in the engineering software industry. But as the industry matures, even a high-flyer like Ansys eventually had to come down to Earth; first quarter results confirm the trend is long-term. Revenue in the first quarter of 2016 was … [Read more...] about Ansys Q1 new reality: slower, more steady growth
Ansys posts rare decline for full year revenue
Net income is down, net revenue is flat in underwhelming fourth quarter. Ansys will have to wait until next year to join the billion dollar revenue club. Ansys (ANSS: Nasdaq) reports a rare decline in net income for the all of 2015 (ended December 31, 2015). The company cites a mix of currency issues (rising US Dollar), longer sales cycles, and the shift from licenses to … [Read more...] about Ansys posts rare decline for full year revenue
Ansys reports anemic third quarter
A rising US dollar slows global sales. The outlook for 2016 is more of the same. By historical standards, Ansys (NASDAQ:ANSS) has reported a mediocre third quarter. For the period ending September 30, 2015 total revenue was $237.8 million, up 2% from a year ago. Measured in constant currencies (removing the effect of fluctuating exchange rates) the revenue growth was a more … [Read more...] about Ansys reports anemic third quarter