P7UC2023 - Developing Simulation as an “Enterprise Asset”: Powered by comprehensive and collaborative engineering platforms

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Authors:

Sandeepak Natu, Executive Consultant, CIMdata

Journal / Event:

pSeven User Conference 2023

Abstract:

Commercial software industry revenues generated by the sale of performance simulation and analysis software (CAE) recently surpassed the amount of revenue generated from mechanical CAD software. This is a watershed moment for use of simulation software tools and methods in the industry. It has happened despite simulation still being largely used later in the lifecycle as a verification and validation tool with modest penetration in the early conceptual design phase of product development. Many studies have documented that simulation can have the greatest transformative impact on businesses if adopted early and used consistently throughout the product life cycle. Use of collaborative engineering platforms that enable a robust design and optimization approach levering best practices capture, process automation and Cloud-deployable, low code vertical applications can unlock the value of the intellectual property held in simulation models developed for verification and validation and make them available to all stakeholders in the product development lifecycle. These platforms also enable a single source of truth with proper management and authentication of simulation data, models and associated test results to be used by various “consumers” of simulation results across the enterprise (design, manufacturing, quality, in service) as well as with global supply chain partners.

Keywords: P7UC2023, pSeven Desktop, pSeven Enterprise