Ansys

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ANSYS, Inc.
Type Public
Traded as NASDAQANSS
Industry Computer software
Founded Canonsburg, Pennsylvania (1970)
Headquarters Canonsburg, Pennsylvania, USA
Key people Peter J. Smith, Chairman
James E. Cashman, III, President & CEO
Products ANSYS Multiphysics
ANSYS CFX
ANSYS FLUENT
ANSYS Workbench
HFSS
(See complete listing.)
Revenue increaseUS$691M (FY 2011)[1]
Operating income increaseUS$265M (FY 2011)[2]
Net income increaseUS$180M (FY 2011)[3]
Total assets increaseUS$1.92B (FY 2009)[4]
Total equity increaseUS$1.31B (FY 2009)[4]
Employees +2,200 (2012)
Website www.ansys.com
The ANSYS, Inc. Headquarters Building in Canonsburg, PA

ANSYS, Inc. (NASDAQANSS) is an engineering simulation software (computer-aided engineering, or CAE) developer that is headquartered south of Pittsburgh in Canonsburg, Pennsylvania, United States.

ANSYS was listed on the NASDAQ stock exchange in 1996. In late 2011, Investor's Business Daily ranked ANSYS as one of only six technology businesses worldwide to receive the highest possible score on its SmartSelect Composite Ratings.[5] ANSYS has been recognized as a strong performer by a number of other sources as well.[6] The organization reinvests 15 percent of its revenues each year into research to continually refine the software.[7]

Contents

Products Overview

ANSYS offers a comprehensive range of engineering simulation solution sets providing access to virtually any field of engineering simulation that a design process requires. Companies in a wide variety of industries use ANSYS software. The tools put a virtual product through a rigorous testing procedure (such as crashing a car into a brick wall, or running for several years on a tarmac road) before it becomes a physical object.

Automotive

Aerospace

Energy

  • Columbia Power wave energy device shape optimization to reduce maintenance costs and breakdowns[13]
  • Indar Electric permanent magnet wind turbine generator optimization for reliable operation[14]

Electronics

Consumer products

  • Dyson bladeless fan airflow performance optimization[17]
  • Speedo FASTSKIN3 Racing System drag reduction[18]


Products

Simulation Technology: Structural Mechanics, Multiphysics, Fluid Dynamics, Explicit Dynamics, Electromagnetics.


Workflow Technology: ANSYS Workbench Platform, High-Performance Computing, Geometry Interfaces, Simulation Process & Data Management.

History

The company was founded in 1970 by Dr. John A. Swanson as Swanson Analysis Systems, Inc. SASI. Its primary purpose was to develop and market finite element analysis software for structural physics that could simulate static (stationary), dynamic (moving) and heat transfer (thermal) problems. SASI developed its business in parallel with the growth in computer technology and engineering needs. The company grew by 10 percent to 20 percent each year, and in 1994 it was sold. The new owners took SASI’s leading software, called ANSYS®, as their flagship product and designated ANSYS, Inc. as the new company name.

Acquisitions

ANSYS has acquired a number of companies since 2000, including ICEM CFD Engineering, CADOE, CFX (2003), Century Dynamics, Harvard Thermal, Fluent Inc. (2006), Ansoft Corporation (2008), Apache Design Solutions (2011) and Esterel Technologies (2012)[19].

References

  1. ^ Wiki Invest http://www.wikinvest.com/stock/ANSYS_(ANSS)/Data/Total_Revenues
  2. ^ Wiki Invest http://www.wikinvest.com/stock/ANSYS_(ANSS)/Data/Operating_Income
  3. ^ Wiki Invest http://www.wikinvest.com/stock/ANSYS_(ANSS)/Data/Derived_Net_Income
  4. ^ a b ANSYS (ANSS) annual SEC balance sheet filing via Wikinvest.
  5. ^ Investors.com http://news.investors.com/article/593602/201112050805/top-stocks-include-intuitive-surgical-nuance.htm?Ntt=ansys-smartselect&p=3
  6. ^ CNN Money http://money.cnn.com/magazines/fortune/fortunefastestgrowing/2010/index.html
  7. ^ SEC Filing http://anss.client.shareholder.com/secfiling.cfm?filingID=1193125-12-74501&CIK=1013462
  8. ^ Desktop Engineering http://www.deskeng.com/articles/aabdpa.htm
  9. ^ Inventors.com http://news.investors.com/article/593871/201112061642/ansys-anss-simulation-software-helps-drive-red-bull-formula-one-race.htm
  10. ^ Desktop Engineering http://www.deskeng.com/articles/aabbyg.htm
  11. ^ Reuters http://www.reuters.com/article/2011/06/15/idUS207897+15-Jun-2011+PRN20110615 June 15, 2011
  12. ^ The Engineer Source http://source.theengineer.co.uk/software-and-communications/design-software/simulation/simulation-software-assists-in-a-bid-to-create-an-iconic-flying-car/2005003.article
  13. ^ Forbes http://www.forbes.com/sites/toddwoody/2012/02/08/the-next-wave-in-renewable-energy-from-the-ocean/2/
  14. ^ Engineer Live http://www.engineerlive.com/Power-Engineer/Engines_Turbines/Simulation_aids_design_of_wind_turbine_generators/23794
  15. ^ Desktop Engineering http://www.deskeng.com/articles/aabcse.htm
  16. ^ Tech News http://technews.tmcnet.com/news/2011/12/13/5991416.htm
  17. ^ IT Analysis http://www.it-analysis.com/business/innovation/news_release.php?rel=21717
  18. ^ Swim News http://www.swimnews.com/News/view/9080
  19. ^ Esterel + ANSYS will change an industry, http://www.corumgroup.com//Blog-Post.aspx?raveid=438&id=13&PostTitle=Esterel-+-ANSYS-will-change-an-industry

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ANSYS, Inc. (Public Company)
Ansoft Corporation (Subsidiary Company)