NEWS: PTC and Ansys Deliver Latest CAD Market Innovation with Creo Ansys Simulation

  • Creo Ansys Simulation is the only CAD product on the market with Ansys’shigh fidelity solvers integrated into it.
  • Alliance makes simulation-led product design a cornerstone of digitaltransformation by democratizing simulation.

BOSTON — November 18, 2020 — The latest enhancement to PTC’s (NASDAQ: PTC)award-winning Creo computer-aided design (CAD) software includes the first CADoffering with Ansys’s (NASDAQ: ANSS) high-fidelity solvers, enabling users to rapidlysimulate design outcomes with a high degree of accuracy. Creo Ansys Simulation bringssimulation into the modeling environment and democratizes a critical technology thatcan help cut costs and improve quality and time to market. The launch marks the secondanniversary of the PTC and Ansys strategic alliance.

“Ansys and PTC are rapidly delivering on our common goal to seamlessly integratesimulation into product design” said Mark Hindsbo, Vice President & General Manager,Design Business Unit, Ansys. “This next joint offering expands the simulation capabilities fordesigners in Creo and, equally importantly, offers integrated workflows between PTC’s andAnsys’s products to benefit our customers, many of whom are already joint customers.”

As a follow on to the Creo 7.0 launch that introduced breakthrough innovations ingenerative design, real-time simulation, multibody design, and additive manufacturing,Creo Ansys Simulation enables design engineers to conduct high-fidelity structural, modal,and thermal analyses of their products for a seamless design refinement and validationprocess. Creo Ansys Simulation’s high accuracy solvers complement the real time designguidance Creo users can already enjoy from Creo Simulation Live, released in February2018 together with Ansys.

“We’re really excited about PTC and Ansys taking the next big step to deliver on the visionfor true simulation-driven design that’s been in the marketplace for decades,” said BrianThompson, Divisional Vice President and General Manager, CAD Segment, PTC. “CreoAnsys Simulation enables companies get better products to market faster at less cost.That’s digital transformation, with the designer in the front seat.”

About PTC (NASDAQ: PTC) PTC enables global manufacturers to realize double-digit impact with software solutionsthat enable them to accelerate product and service innovation, improve operationalefficiency, and increase workforce productivity. In combination with an extensive partnernetwork, PTC provides customers flexibility in how its technology can be deployed to drivedigital transformation – on premises, in the cloud, or via its pure SaaS platform. At PTC, wedon’t just imagine a better world, we enable it.

Original News Publication - PTC News

Date - 18th November, 2020

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