Multiphysics simulation platforms allow industrial engineers to better understand how their designs will function in complex, real-world environments, resulting in a more successful product. Statistics show how using this technology benefits companies and helps them to better meet their their product launch date, cost, and quality targets in comparison to their competitors.
Key findings include:
Shortened product development cycles is a key pressure affecting 72% of industrial designers.
Limited development resources are a key challenge for 44% of industrial designers.
Multiphysics simulation platform users perform 11% to 29% better than non-simulation users in time-to-market, cost, and quality.
Industrial multiphysics simulation platform users improved their product development time by 13% while non-simulation users experienced 8% longer development times.
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